The News Review:
- bama Directs Regulators to Tighten Auto Rules
- AutoMax Group Inc. Signs Inventory Supply Agreement With Atlanta …
- Green car rules give auto industry a new challenge
bama Directs Regulators to Tighten Auto Rules
New York Times United States
The Bush administration failed to write any regulations to enforce the new law. nce the agencies act automobile manufacturers will quickly have to retool to begin producing and selling cars and trucks that are cleaner and get better gas mileage on an accelerated schedule. The auto companies have lobbied hard against the regulations and have challenged them in court.
Related from Wateresources: Iowa regulators agree to delay in coal ash rules
AutoMax Group Inc. Signs Inventory Supply Agreement With Atlanta …
CNNMoney.com
Jake Kern President of AutoMax Group Inc. (PINKSHEETS: MXWF) is pleased to announce today a new strategic alliancewith Atlanta Auto Showcase of Marietta Georgia for the purpose ofsupplying inventory to Atlanta Auto Showcase. We are estimating 40-50 units per month to be sold to Atlanta Auto Showcasewhich will possibly generate an anticipated up to $400000 in additionalgross monthly sales. This is a new avenue of generating revenue withoutincreasing overhead with plans to acquire additional similar allegiancesin the future. Atlanta Auto Showcase is one of Atlanta’s Premier luxury used vehicledealers specializing in providing luxury vehicles for any budget andaveraging approximately 150 units sold per month. AutoMax President JakeKern stated that the terms of this deal are a strong and lucrative movefor AutoMax Group in that it utilizes a scaled down overhead model thatdoesn’t include more and larger locations with increasing overhead togenerate the same expansion. “In our expansion efforts we have aggressively sought out theseallegiances which will provide multiple outlets for our growing inventorychannels while utilizing a minimum overhead approach and providingoutstanding service to Atlanta Auto Showcase as well as our customers.
Green car rules give auto industry a new challenge
The Associated Press
Mendoza)Green car rules give auto industry a new challengeBy KEN THMAS and DAN STRUMPF – 7 hours ago WASHINGTN (AP) — President Barack bama wants automakers to make greener cars at a time when General Motors and Chrysler are hanging by the thread of a massive government loan and auto sales have plummeted to their lowest levels in more than two decades. bama’s plans could bring smaller cars more hybrids and advanced fuel-saving technologies to showrooms but car shoppers will probably pay more upfront because the new rules are expected to cost the hamstrung industry billions of dollars. “The consumer needs to understand that they will see significant increases in the cost of vehicles” said Rebecca Lindland an auto analyst for the consulting firm IHS Global Insight. Her firm estimated the upgrades could add $2000 to $10000 to the price of a vehicle. bama on Monday directed the Environmental Protection Agency to review whether California and more than a dozen states should be allowed to impose tougher auto emission standards on carmakers to fight greenhouse gas emissions. The Bush administration had blocked the efforts by the states which account for about half of the nation’s auto sales. The new president also said his administration would issue new fuel-efficiency requirements to cover 2011 model year vehicles.