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Source: Motor Age

The economy rebounds as consumers save more, spend less

May 18, 2011

CHICAGO ? There is a paradox in today?s recovering economy, and it is affecting your business whether you realize it or not. In fact, you might notice it more in your household. William Strauss, senior economist and economic advisor, Federal Reserve Bank of Chicago, describes the dichotomy of today?s consumers saving vs. spending the Paradox of Thrift, and it?s affecting today?s economy. He explained the pattern at the 2011 Global Automotive Aftermarket Symposium (GAAS) on Wednesday morning.

Source: Motor Age

Hawaii Governor vetoes motor vehicle inspection bill

May 12, 2011

Hawaii State Gov. Neil Abercrombie has vetoed legislation that would dilute the state's Motor Vehicle Safety Inspection Program by exempting vehicles from testing for their first two to three years. Hawaii Senate Bill 1416 was originally introduced by Sen. Donna Mercado Kim, D-14.

Source: Motor Age

AAIA postpones Legislative Summit

May 6, 2011

The Automotive Aftermarket Industry Association (AAIA) has determined to postpone The 2011 Aftermarket Legislative Summit, which was slated to take place June 20 and 21. 

Source: Aftermarket Business World

Health care reform has effects on WDs, jobbers, shops

November 3, 2010

LAS VEGAS ? No matter which side of the aisle you sit, there are changes today?s business owners need to be aware of when it comes to health care. Seth Perretta, with Davis-Harman LLP, discussed a number of these changes with AAPEX attendees during ?The New Health Care Law: What It Means for Your Business? on Wednesday morning. He says that employers yes, are in the business of producing goods and services, but they also have the relationship of offering benefits including health insurance.

Source: Motor Age

House committee looks into intellectual property impact on small business

July 28, 2010

The U.S. House Committee on Small Business recently looked into the impact of intellectual property on today's small businesses, including the use of counterfeit parts. Rep. Nydia M. Velazquez, D-N.Y., chairwoman of the committee, said the hearing's purpose was to highlight the importance of protecting intellectual property and how this protection can ?spur job growth.?

Source: Motor Age

U.S. Senate committee passes high-tech vehicle legislation

July 26, 2010

The U.S. Senate Committee on Energy and Natural Resources met last week for a markup of Senate Bill (S.B.) 3495, ?The Promoting Electric Vehicles Act of 2010?; S.B. 2843, ?The Advanced Vehicle Technology Act of 2009? and S.B. 679, ?The Heavy Duty Hybrid Vehicle Research, Development and Demonstration Act of 2009.?

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