Thursday, February 21, 2008 - 12:00am

NEWS NUGGETS

Thursday, February 21, 2008 - 12:00am

CLOSING IN: As of Wednesday morning, officials of the Indy Racing League and the Champ Car World Series were closing in on an agreement, that would bring the two factions of open-wheel racing together for the first time in 13 years. When agreed to, remaining Champ Car teams and some of the series’s dates would become part of the IRL IndyCar Series under the direction of IRL founder Tony George.

Thursday, February 21, 2008 - 12:00am

The U.S. Fish and Wildlife Service (FWS) ruled that 12,000 acres of the Imperial Sand Dunes Recreation Area in California must be closed to the public so as to protect the Peirson’s milk-vetch plant. The agency excluded 10,000 acres of dunes where most off-road activities take place. The plant was placed on the endangered species list in 1998 and the FWS was required to designate critical habitat to protect the plant on land which is managed by the Bureau of Land Management.

Thursday, February 21, 2008 - 12:00am

The U.S. Congress passed legislation designed to protect children from injuries or deaths in non-traffic vehicle incidents. President Bush is expected to sign the bill (HR 1216) into law. The measure directs the National Highway Traffic Safety Administration (NHTSA) to require new vehicles be equipped with a means of alerting the driver if a child is behind the vehicle when it is being backed-up. The specialty-equipment industry has been at the forefront of offering cameras and sensors to address the issue. 

Thursday, February 21, 2008 - 12:00am

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Thursday, February 21, 2008 - 12:00am

Scheduled for a 2011 model year debut, Jaguar's new XJ replacement is caught here winter testing in Sweden by Brenda Priddy and Co. photographers. Cloaked in current-model sheetmetal, the new XJ, codenamed X351, is expected to follow the new XF design cues. It's also, according to Priddy's sources, set-up to ride on the current model's aluminum chassis and have a four-door coupe feel, a la the Mercedes-Benz CLS. Primary power is expected to come from Jaguar’s 5.0L V8.

Thursday, February 21, 2008 - 12:00am

Are you making money or losing money? Are your expenses in line with sales or excessive? Is your gross profit retention covering your expenses while providing a reasonable return for your efforts? How can you tell? Passion for the business you’re involved in aside, it’s the “bottom line” that makes the difference. 

Thursday, February 21, 2008 - 12:00am

Recently, the U.S. Supreme Court overturned 100 years of case law related to the agreement to set minimum retail or resale prices. SEMA-member companies need to stay aware of the recent developments on antitrust laws related to minimum advertised pricing (MAP) programs and other pricing issues. SEMA has several resources available to help members learn the legal and practical significance of these decisions and how it can affect their retail business.

Thursday, February 21, 2008 - 12:00am

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Thursday, February 21, 2008 - 12:00am

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