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Dealers, car makers in bitter face-off over NJ legislation

2015-05-17 09:24:02| Auto Dealers - Topix.net

A bill that would grant significant benefits to the dealers at the expense of manufacturers is headed for a state Senate vote, four years after legislation that also favored dealerships in their relationship with carmakers won approval. The bill, which appears to have significant support, is one of 20 dealer-initiated bills in 14 states covering similar ground, according to the Alliance of Automobile Manufacturers, a Washington, D.C.-based lobbying group for carmakers, which says the legislative activity is typical in the year-in, year-out battle for power between the dealers and manufacturers.

Tags: car legislation dealers makers

 

VIDEO: Slump for Zambia's furniture makers

2015-05-15 13:13:45| BBC News | Business | UK Edition

In Zambia the local furniture and timber industries are fighting for survival against cheap, high quality imported products.

Tags: video furniture makers slump

 
 

Bangladesh garment makers seek tax break before budget

2015-05-11 13:05:15| Daily apparel & textile news and comment - from just-style.com

?Bangladesh garment manufacturers are pushing for a tax break - urging the government to collect a levy from just 10% of their export profits, instead of their overall profits as is currently the case.

Tags: break tax budget seek

 

Car makers, Baidu prepare bid for Nokia's Here - report

2015-05-06 18:56:00| Telecompaper Headlines

(Telecompaper) Germany's big-three premium-brand auto makers are preparing an acquisition bid with Baidu for a majority stake in Nokia's Here mapping unit, the Wall Street Journal reported, with sources saying the bid values the unit at "considerably more than EUR 2 billion." BMW, Audi, and Daimler's Mercedes-Benz want to band together in order to prevent a company such as Google, Apple or Facebook from gaining control of a key part of the technology needed to run self-driving cars and in-car digital services, the sources said."The greatest threat to the automobile industry would be if Google developed an operating system for self-driving cars and made it available free to everyone," the source said. Talks have reached an advanced stage and are likely to conclude within the next two weeks. Although there are still no specific details such as price and the distribution of specific stakes, the German car makers are aiming to acquire a controlling majority. Baidu and an undisclosed financial investor in the group would acquire minority stakes. Nokia would retain a minority stake. Separately, Audi is expected to announce a "far-reaching cooperation" with China's Baidu at the China CES consumer electronics show in Shanghai later this month, the person said.

Tags: report car bid prepare

 

Beam Suntory defeats Maker's Mark 'handmade' lawsuit

2015-05-05 21:37:00| Daily beverage news and comment - from just-drinks.com

Beam Suntory has said a US judge's dismissal of an accusation Maker's Mark Bourbon uses false advertising sends a "strong message" to people seeking to profit from "irresponsible litigation".

Tags: mark makers beam handmade

 

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