Filler for eNews
Dura Automotive Systems announced that on an interim basis, Dura’s current audit committee chairman Nick Preda will assume CFO responsibilities for the company. The move was made after the departure of former CFO Tim Trenary. Dura also announced that it will soon begin the search process for a permanent CFO.
ON THE MOVE: It appears Mark Martin will leave Dale Earnhardt Inc. at the end of the season and join Hendrick Motorsports, replacing Casey Mears in the No. 5 Sprint Cup machine. Martin would share the ride with another driver. As well, Aric Almirola will move into the ride he currently shares with Martin at DEI full time.
Soaring gas prices caused the Internal Revenue Service (IRS) to raise the standard business-mileage deduction by 8 cents to 58.5 cents for all business miles driven between July 1 and December 31, 2008.
It is unusual for the IRS to make a mid-year adjustment. The mileage calculation also includes all other aspects of buying and operating a vehicle such as depreciation, insurance, and tires. Businesses and individuals who use their car for business have the option of using the standard rate in lieu of keeping records of their actual expenses.
SEMA model legislation (A.B. 2836) that would create a vehicle registration classification for street rods and custom vehicles and provide for special license plates for these vehicles was introduced in the New Jersey Assembly.
The legislation defines a street rod as an altered vehicle manufactured before 1949 and a custom as an altered vehicle at least 25 years old and manufactured after 1948. The bill allows kit cars and replica vehicles to be assigned a certificate of title bearing the same model year designation the body of the vehicle most closely resembles.
Nissan and Lexus have entered the high-dollar, high performance "supercar" game, so it was only a matter of time before Acura revived its NSX program, arguably the first Japanese "supercar" to hit American shores. Brenda Priddy's network of spy photographers caught this prototype, which Priddy says is the new NSX, expected to debut sometime next year.
With e-mail campaigning gaining importance in any good marketing strategy, Michael Kelly and Cameron Kane of ClickMail, presenters of SEMA’s recent webinar titled “Best Practices and the Future of E-mail as a Marketing Tool,” offered SEMA businesses tools in optimizing their existing e-mail campaigns.
The next SEMA webinar, "Selling Has Nothing to Do With Selling," will provide sales tips that will help you and your team manage a profitable sales process and close more sales at higher margins. With so many purchase options, your customers can find the products they need without ever dealing with a salesperson. This session delivers the strategies needed to take the pressure off customers so that they can concentrate on buying...from you!
When: Thursday, July 10, 2008, 10:00 a.m. (PDT)