NHTSA is proposing a simplified tire label to better inform consumers about the fuel-economy impact of rolling resistance as well as safety and tread life. They estimate that up to 2% of fuel could be saved as consumers migrate to better tires.
While the Specialty Equipment Market Assn. opposed the "Cash For Clunkers" legislation, the auto trade group did persuade lawmakers to place a 25-year limit on the age of trade-in vehicles. The bill also allows engines from clunkers to be recycled. The two provisions will help safeguard older vehicles for collectors and hobbyists.
With more than 40 years experience as an auto dealer, Ray Ciccolo has advice for dealers losing their franchise. He suggests focusing on used cars, diversifying inventories and slashing costs. Also be aware of options in acquiring another franchise or selling prime location to another dealer.
After brisk debate the $1 billion "cash for clunkers" bill has passed both houses of Congress and is headed to the White House for signature. The bill provides for up to $4,500 credits toward the purchase of a more fuel-efficient car or truck. The tradein must be crushed. Senate Democrats had to make the provision a part of the war spending bill to insure passage; even then it was close.