plus 4, Long-Term Thinking: "Cost to Own" mindset grabs hold? - autoblog |
- Long-Term Thinking: "Cost to Own" mindset grabs hold? - autoblog
- Text Size - Chicago Tribune
- Deadly Labor Wars Hinder India's Rise - Wall Street Journal
- NHHA Announces KENDA As Series Title Sponsor - ATV Rider Magazine
- Runaway road toll blamed on rise in motorcycle use - Sydney Morning Herald
Long-Term Thinking: "Cost to Own" mindset grabs hold? - autoblog Posted: 21 Nov 2009 07:55 AM PST PRESS RELEASE: How Much Will That New Car Really Cost You Over Time? NADAguides.com Educates Consumers on Its Easy-to-Use 'Cost to Own' Tool COSTA MESA, Calif., Nov. 19 /PRNewswire/ -- When consumers look to purchase a new vehicle, the price is usually the first thing they research before making the decision to buy. Although the Suggested Retail Price provides the consumer with the total cost for the purchase of the vehicle, one important factor is often overlooked - total cost to own. Depreciation, fees & taxes, financing, insurance, fuel, maintenance, opportunity cost and repairs must also be added in to the cost of ownership. Most often, car shoppers only consider retail price and what their monthly payment will be. While these are, of course, very important car buying decision factors, additional costs are often overlooked. To help car shoppers, NADAguides.com has built a tool to make this cost to own research easy and provide car shoppers with a quick view of the cost of ownership for a specific car over the course of five years. The NADAguides.com Cost to Own Tool factors in the eight most important costs associated with car ownership - depreciation, fees & taxes, financing, insurance, fuel, maintenance, opportunity cost, and repairs - to give new car shoppers an accurate forecast of how much they can expect to pay and what they can really afford. "There are many things affecting the actual cost of owning a vehicle that can be overwhelming for consumers to see the true price tag of the car they are considering," said Mike Caudill, NADAguides.com automotive expert and spokesperson. "The NADAguides.com Cost to Own Tool removes all of the guesswork. Shoppers simply select the vehicle and trim level, enter their number of years of driving experience, the number of miles they expect to drive each year and their ZIP code and what results is a detailed report of costs along with visual aids to get a clear picture. These results can even be compared against other vehicles." After consumers input this basic information, the NADAguides Cost to Own Tool shows the overall five-year cost of ownership in addition to a complete breakdown of the cost associated with each factor for each of the five years. To access this tool, visit www.NADAguides.com and click 'Cost to Own' on the home page or select '5-Year Ownership Costs' from the left-side menu of any new car vehicle details page. About NADAguides.com NADAguides.com (http://www.nadaguides.com/) is the largest publisher of vehicle pricing and information for new and used cars, classic cars, motorcycles, boats, RVs, and manufactured homes. NADAguides.com offers in-depth shopping and research tools in addition to the most market-reflective pricing available. The company also produces print guidebooks, software, web services, raw data and web syndicated products This content has passed through fivefilters.org. |
Posted: 21 Nov 2009 06:22 AM PST UNRALLYE 46
Brand-X Rallye Team presents the mother of all point-to-point rallyes with its "UnRallye 46" Nov. 21. Registration for the rallye, in which you plot your own course from one point to another while answering questions to show you were at the various points, begins at 6 p.m. Starting point is at the Woodfield Mall Parking Lot, pole B2, near the Firestone Service Center. First cars go out at 7:30. Fee is $15. Call Bill or Linda at 847-526-2377, e-mail wowlaw@comcast.net or visit www.brandxrallyeteam.com. ELECTRIC RAILFANS The Central Electric Railfans Association holds its membership meeting Nov. 27 at the DePaul University Center, 525 S. State St.. The free program starts at 7 p.m. Visit www.cera-chicago.org. POLAR EXPRESS The Polar Express pulls into the National Railroad Museum in Ashwaubenon, Wis., Nov. 27, 28 and 29 and Dec. 4, 5 and 6. The annual trip to the North Pole will be made at 3, 5 and 7 p.m. each day and include a dramatic reading of the Christmas story about a boy who is not sure whether he believes in Santa Claus. Standard class fares are $12 for adults and $8 for kids 2 through 12. Fares in premium class--a restored 1950s streamline buffet-lounge-observation car, are $25 for lounge seating and $18 for table seating. Reservations are required. Call 920-437-7623, ext. 10, or visit www.nationalrrmuseum.org. MARINE RADIO SEMINAR The Waukegan Sail and Power Squadron is offering a VHF/DSC Marine Radio Seminar Dec. 1. The seminar, from 7 to 9 p.m., is at the Waukegan Yacht Club, 199 N Harbor Place. The seminar instructs on the use of VHF, the mainstay of coastal communication, and Digital Selective Calling, which is being phased in. Fee is $10 per person. Contact Lt. Cmdr. Mike Ludtke at 815-575-0809 or wspsxo@gmail.com. POLAR EXPRESS The Monticello Chamber of Commerce hosts Lunch with Santa on the Train Dec. 4 and 5 at the Monticello Railway Museum, off I-72 between Champaign and Springfield. The journey, from 5:30 to 7 p.m., leaves the Wabash Depot in downtown Monticello and includes a reading of the story. Tickets are $20 per person. For information, visit www.polarexpressride.com or call 877-762-9011. For tickets, visit www.mrym.org. HAPPY HOLIDAY RAILWAY Take a train ride through holiday light displays and visit with Santa Claus and his elves at the Illinois Railway Museum Dec. 5 and 6, 12 and 13 and 19 and 20. Children on Santa's "good" list will recieve a gift. Trains run every two hours at the museum in Union. Visit www.irm.org or call 815-923-4000 or 800-BIG-RAIL (244-7245). TOYS FOR TOTS The 32nd annual Chicagoland Toys for Tots Motorcycle Parade begins at 9:30 a.m. Dec. 6 at Dan Ryan Woods, 85th Street and Western Avenue, Chicago. The parade will proceed up Western to the Marine Reserve Center at Foster Avenue and Troy Street. Participants can gather at 8 a.m. and should bring an unwrapped new toy or game -- but no plush toys. Visit www.chicagolandtft.org or call 773-866-TOYS (8697). TOY SHOW The annual Tinley Park Holiday Toy Show is set for Dec. 6 at Tinley Park High School, 6111 W. 175th St. The show, from 10 a.m. to 2 p.m., will feature diecast cars and models. Admission is $6. Call Jim at 262-246-7171. LISLE POLAR EXPRESS Lisle is hosting two Polar Express trains Dec. 9. They leave the Metra Station at 9:45 a.m. and 1:45 p.m. Santa will be on hand along with clowns, activities and goodies. Fares are $14, and tickets are required in advance. They're on sale at The Nook on Main Street, 7-11 at Ogden and Main and Lisle Savings Bank. Call the Lisle Convention Bureau at 800-773-9811. MOTORCYCLE SWAP The Walneck Motorcycle Swap Meet is set for Dec. 20 at the Kane County Fairgrounds in St. Charles. Admission to the meet, from 8 a.m. to 3 p.m., $6 with vendor booths $40. Visit www.walneckswap.com or call 630-985-2097. BOAT SHOW The 80th annual Chicago Boat, RV and Outdoors Show sails into McCormick Place North Jan. 13 through 17. Hundreds of the latest product s and accessories will be featured along with the Huck Finn Trout Pond and green boating zone. Hours are 11 a.m. to 9 p.m. Jan 13, 14 and 15; 10 a.m. to 9 p.m. Jan 16 and 10 a.m. to 5 p.m. Jan 17. Admission is $10 for adults, $4 for kids 13-15 and free for those 12 and younger. Seniors 65 and older will get $2 off Jan. 13. Visit www.ChicagoBoatShow.com . STRICTLY SAIL Strictly Sail Chicago will be held Jan. 28 through 31 at Navy Pier. The event will include the latest sailboats and products, along with seminars and a kids activity center. Hours are 11 a.m. to 8 p.m. Jan 28 and 29, 9 a.m. to 7 p.m. Jan. 30 and 9 a.m. to 4 p.m. Jan. 31. Adult admission is $12 Jan. 28 and 29 and $15 Jan. 30 and 31. A two-day adult pass is $24. Children 15 and younger are free when accompanied by an adult. Visit www.StrictlySailChicago.com. AUTO SHOW BLACK TIE The Chicago Auto Show's First Look for Charity will be held from 6:30 to 10:30 p.m. Feb. 11 on the show floor at McCormick Place. Eighteen Chicago-area charities benefit from the black-tie event. Tickets cost $225 each. Visit www.chicagoautoshow.com. CHICAGO AUTO SHOW The 102nd Chicago Auto Show hits McCormick Place North and South Feb. 12-21. Hours are 10 a.m. to 10 p.m. Feb. 12-20 and 10 a.m. to 8 p.m. Feb. 21. Tickets cost $11 for adults, $7 for seniors 62 and older and children 7-12 and free for kids 6 and younger with a paid adult. Visit www.chicagoautoshow.com. Having a public event? Rides would like to list it. Please send the information--event name, time, place, admission/fees and contact information--to What's up, Rides, 435 N. Michigan Ave., 4th Floor, Chicago, IL 60611 or e-mail to transportation@tribune.com at least two weeks before the event. Submissions will be accepted in writing only. This content has passed through fivefilters.org. |
Deadly Labor Wars Hinder India's Rise - Wall Street Journal Posted: 20 Nov 2009 04:53 PM PST By PETER WONACOTTCOIMBATORE, India -- This ancient city has turned itself in recent years into a manufacturing dynamo emblematic of India's economic rebirth. But a homicide case playing out in an auto-parts factory here is raising concerns about whether the Indian industrial miracle is hitting a wall of industrial unrest. Pricol Ltd., which makes instrument panels for the likes of Toyota Motor Corp. and General Motors Corp., was rocked in late September when workers burst into the office of Roy George, its 46-year-old human-resources boss. Angry over a wage freeze, they carried iron rods, witnesses say, and left Mr. George in a pool of blood. Police arrested 50 union members in connection with his death, their lawyer says. Charges haven't been filed. Battle lines are being drawn in labor actions across India. Factory managers, amid the global economic downturn, want to pare labor costs and remove defiant workers. Unions are attempting to stop them, with slowdowns and strikes that have led at times to bloodshed. India's Labor PainsSee photos from Pricol, a timeline of labor unrest and more. The disputes are fueled by the discontent of workers, many of whom say they haven't partaken of the past decade's prosperity. Their passions are being whipped up, companies say, by labor leaders who want to add members to their unions and win votes for left-leaning political parties. Adding to the tensions are the country's decades-old labor codes, which workers and companies alike say require an overhaul. "We can't be a capitalist country that has socialist labor laws," says Jayant Davar, president of the Automotive Component Manufacturers Association of India. The unrest serves as a reminder that India has far to go before it stands alongside the world's other economic powerhouses. With its widening middle class and growing base of rural consumers, India has averaged more than 8% growth for the last half-decade. It is seen as a country that can help lead a global economic recovery. But first, it must show it can ride out booms and slowdowns alike. The country's manufacturing sector, after growing about 7% annually for the past 16 years, logged 2.4% growth in the 12 months that ended in March. That has pressed manufacturers to make some unpopular cutbacks -- spurring labor actions that have slowed production further and suppressed growth. Strikes at India's manufacturing and service companies rose 48% in 2008 from the year before, India's Ministry of Labor says. This year, labor actions have hit manufacturers from Indian automaker Mahindra & Mahindra Ltd. to Finland's Nokia Corp. and Swiss food giant Nestle SA. Workers at a unit of Korea's Hyundai Motor Co. staged sit-ins in April and July, demanding recognition of an outside union and reinstatement of suspended workers. In September, workers at a unit of Japan's Honda Motor Co. tried to prevent a trial of a new assembly line by threatening engineers and executives with shock-absorbers and motorcycle pieces, according to a court documents. Some confrontations have turned vicious. Last year, the chief executive of Graziano Trasmissioni India Pvt. Ltd., a manufacturing unit of Swiss high-tech group OC Oerlikon Corp., was beaten to death by workers who had been suspended at a plant outside New Delhi. The impact has been global. A strike that started in late September at Indian supplier Rico Auto Industries Ltd. left Ford Motor Co. without transmission parts, forcing it to halt production temporarily at an Ontario plant that makes Edge sport-utility vehicles and at a Chicago plant that builds Taurus sedans. The six-week Rico strike spurred GM to idle an SUV-production facility in Delta Township, Mich., for a week and cut one shift for a second week. GM also cut a shift at a transmission factory in Warren, Mich., said a person familiar with the matter. At Pricol, the standoff that led to Mr. George's killing continues. The company says its pay is generous for the market. It accuses S. Kumarasami, a labor lawyer who organized the Pricol union, of inciting violence and trying to bring the company to a standstill to advance his broader leftwing political agenda. Mr. Kumarasami, who wasn't among those arrested and represents 20 Pricol workers who remain in custody in the matter, says he doesn't advocate violence. The company risked workers' lives, he says, by choosing to suppress wages. "Economic violence is also violence," he says. An Asian ManchesterCoimbatore, a colonial-era textile hub in the southern state of Tamil Nadu, expanded in recent decades into a manufacturing center for machine parts and small motors. Dubbed the Manchester of South India, its streets are lined with shops that sell pumps, coils and bearings. Pricol was founded here in the 1970s by Vijay Mohan, the son of a textile-factory owner, as a maker of moped speedometers. Now its seven plants around India export 50 products -- from fuel gauges and clocks to cigarette lighters -- to some 40 countries. As its work force grew, so did its problems. Pricol, like other Indian manufacturers, is guided by two old labor laws. The country's Industrial Disputes Act of 1947 requires companies to gain government permission before dismissing workers. The Contract Labor Law of 1970, meanwhile, prohibits employers from using temporary workers for long-term jobs. Both aim to encourage companies to protect workers by making them permanent. Manufacturers have long complained that it can take years to dismiss their permanent employees, leading to bloated work forces and hampering companies' ability to respond quickly to changing business conditions. Executives and industry groups say relaxing the labor laws would allow companies to hire more workers and would attract more manufacturers to India, ultimately underpinning a rise in wages. "Some of the hardships faced by labor will be lessened if there is greater demand for workers, as would happen in a more flexible market," says Cornell University economics professor Kaushik Basu, who was recently appointed chief economist for India's Ministry of Finance. There are no current efforts to change the laws, officials say. Union leaders complain that companies are hiring contract workers for longer than the law intends. They say that by using these workers -- who are generally paid less and don't draw company pensions -- employers undercut permanent employees' leverage in wage negotiations. "Companies are doing well in India, even during a global recession," says D.L. Sachdev, national secretary for the All India Trade Union Congress, which is backed by the Communist Party of India. "The way they keep their margins safe is to increase the exploitation of the workers." Mr. Mohan, now 62 years old, says Pricol tried to do right by workers from the beginning -- offering employees one cafeteria instead of separate facilities for workers and executives, and adopting equal wages for male and female workers before most other local manufacturers did so. And for 25 years, Mr. Mohan says, it avoided hiring cheaper contract workers. "People said I was a bloody fool," he says. "I was, in fact, an idealist." But in 2000, fearful of building a costly permanent work force, Mr. Mohan changed course. Factory contract workers now account for about one-third of the 2,200 people employed at Pricol's three Coimbatore plants, the company says. By 2007, Pricol's sales had nearly tripled from 2000, to 4.81 billion rupees ($104 million). Workers grew upset that their wages hadn't seemed to rise along with company sales, says machine operator C. Murali Manoharan. Then a 16-year Pricol veteran, he made about $170 a month at current exchange rates. He says supporting his school-age daughter grew harder as food and education prices rose, and he seethed as executives saved enough from their salaries and bonuses to buy new cars and houses. "The company's growth was huge," Mr. Manoharan says. "But our wages were still low." Workers began demanding bigger pay increases. Mr. Mohan resisted, telling workers that raises had already been negotiated by Pricol's existing unions. Doused With KeroseneIn early 2007, workers turned to Mr. Kumarasami. The head of the All India Central Council of Trade Unions in Tamil Nadu's capital, Chennai, Mr. Kumarasami promised Pricol workers he would help secure higher wages for permanent and contract workers alike. Mr. Kumarasami immediately led a strike at Pricol's three Coimbatore plants. At one point, striking female factory workers doused themselves with kerosene and threatened to light themselves on fire. Mr. Mohan says the threat was a union stunt to wring concessions from the company, which Mr. Kumarasami denies. With production slumping, Mr. Mohan replaced the striking contract workers with other contract workers, and braced for a battle with Mr. Kumarasami. "He'd thought we'd buckle in a day," says Mr. Mohan. Permanent employees returned to work in June, after striking for 100 days. In July -- when Pricol traditionally announced its wage increases -- Mr. Mohan said there would be no raises, citing the work stoppages' impact on production and sales. Soon after, several contract laborers who had been hired during the strike were rounded up by workers and tied to trees outside the factory, say executives and workers. These disruptions stung. In 2008, as India's automobile market boomed, Pricol's sales remained essentially flat. Net profit fell to half of 2007 levels. In July 2008, Mr. Mohan again said he couldn't raise wages. The next month, engineers and Pricol executives touring the factory floor were beaten by a group of workers with iron rods, says V. Balaji Chinnappan, a general manager of manufacturing. Several were hospitalized. Mr. Kumarasami said his union discourages violence and blames the flaring tempers on "the intransigence of the management." Splits developed in Mr. Kumarasami's union. Machinist Mr. Manoharan, then serving as a union leader, said he began to believe a labor settlement wasn't possible with Mr. Kumarasami in the picture. Toward the end of 2008, he says, he started meeting privately with Pricol executives to explore a settlement. Soon, he recalls, came a telephone call from another worker, who told him: "Join with management and I will beat you." In March 2009, two men on motorcycles he couldn't identify came to his house and thrashed him with iron rods, breaking his hand. In May, he says, another Pricol worker slashed him from behind with a machete as he waited at a bus station, leaving him unable lift his arm. "That union achieved nothing," says Mr. Manoharan, who is paid by Pricol though his limp arm has kept him off the job. Such feelings led some Pricol managers to believe they could work around Mr. Kumarasami. One executive who spearheaded this approach was human-resources manager Mr. George, a native of the southern Kerala state educated at one of India's top management universities. Hired into a volatile situation in March 2009, the new HR boss tried to bond with workers, executives say, particularly those who had protested wage freezes with work slowdowns, including cardplaying or sleeping during their shifts. He asked to hear grievances and maintained an open-door policy. Attempting to cool tensions among co-workers, the balding father of two organized "bring your kids to work" days. In the summer, citing flat sales and a rare net loss stemming from the unrest, Mr. Mohan declined to raise pay. On Saturday, Sept. 19, Pricol handed dismissal notices to more than 40 workers that Mr. Mohan calls "militant" union members. Pricol calls the dismissals legal and says it warned workers verbally and in writing. Mr. Kumarasami maintains the dismissals are "illegal" and says he is challenging them through the government's Labor Bureau. Shattering GlassThe next Monday during lunch break, Pricol's Soundarya Rammurthi says she heard shattering glass and screams. The 30-year-old human-resources executive says she saw two workers with iron rods and "burning eyes" heading into Mr. George's office. She fled the building and called security guards. Pricol executives say two video cameras -- one that would show people entering the building, another near Mr. George's office -- were intentionally disabled. A third camera recorded about eight workers fleeing the human-resources building, says Mr. Chinnappan. Mr. Kumarasami declined to comment about the 20 workers still detained in the matter before charges have been filed. He calls Mr. George "an unfortunate victim," but accuses Pricol of using the murder to destroy his union. He says more than 1,200 Pricol workers remain members. Mr. Mohan says he's ready to make peace. He has enlisted outside mediators and agreed to their suggestion to unfreeze factory wages. Mr. Kumarasami said this has helped create "a mood to consult" with management on labor issues. Pricol's output has rebounded. Between shifts, workers amble around a cordoned-off murder site. In Mr. George's vacant office, gashes remain in the walls. "I don't say that everything is hunky-dory," says Mr. Mohan. "There's an artificial calm." —Krishna Pokharel in New Delhi and Sharon Terlep in Detroit contributed to this article.Write to Peter Wonacott at peter.wonacott@wsj.com Printed in The Wall Street Journal, page A1This content has passed through fivefilters.org. |
NHHA Announces KENDA As Series Title Sponsor - ATV Rider Magazine Posted: 20 Nov 2009 12:14 PM PST The National Hare and Hound Association (NHHA) is proud to announce KENDA as the Title Sponsor for the upcoming 2010 AMA/KENDA National Hare and Hound Championship series. KENDA has signed a 3-year deal with the NHHA as the title sponsor and are very excited to be a part of this desert racing series. Gus Niewenhous, Marketing Manager for Kenda Powersports states "We're really excited to be a part of this series. We're working on an initiative to expand our presence out west and to the desert racing community, and this provides us the perfect opportunity to do so. I've had some conversations with Chris (Blais) and we can't wait to get the 2010 season started." "It's really great to have KENDA on board with their support of this series. It's going to be a really good fit to have their products at our desert races. We are very excited to get the 2010 season going. Make sure to stop by the sign-up/registration area and the Blais Racing Services pit at the events to check out the KENDA products", Chris Blais states, the NHHA Series Promotions Manager. A little KENDA History: About the NHHA: Sponsorship: This content has passed through fivefilters.org. |
Runaway road toll blamed on rise in motorcycle use - Sydney Morning Herald Posted: 20 Nov 2009 03:55 PM PST ROAD safety experts say the growing popularity of motorcycles and the recovery in the economy are behind the spike in the state's road toll. The director of the NSW Government's Centre for Road Safety, Soames Job, said a major cause of the sharp increase in the road toll - up from 321 deaths in 2008 to 415 deaths in 2009, as of Wednesday - was the increase in ''two-wheel vehicles''. He said that as of midnight on Thursday, motorcycle fatalities stood at 65 for 2009, compared with 44 fatalities for the same time last year, while the number of deaths of bicycle riders had more than doubled in the same period, from six to 14. The Minister for Transport, David Campbell, said that following the steep rise this year - even before the traditional Christmas party season begins - the Government held an emergency road safety meeting and implemented an action plan. It included increasing the number of highway patrol officers and deploying them in known black spots and introducing hard-line sanctions for high-level speeding offences. ''This year's road toll has already surpassed last year's total and that is simply not good enough,'' he told the Herald. Two children, aged 11 and 15, were killed and two teenagers critically injured on the mid-North Coast late on Thursday night after the car they were travelling in crashed into a power pole at high speed. Police said a 16-year-old female learner driver had taken the 2004 model Mazda 3 sedan out unsupervised. Senior Constable Jason Bentley, of the Port Macquarie Crash Unit, said: ''They were travelling at high speed and overtaking other cars … and there were a lot of witnesses. She panicked as she was overtaking the cars and lost control.'' Dr Job said motorcyclists and cyclists were especially at risk riding on sharp curves on country roads or at busy city intersections. He has raised the possibility of new laws requiring the riders of mopeds and motor scooters to wear protective clothing in addition to helmets. In January, the Federal Chamber of Automotive Industries reported that motorcycle sales had ''soared to record levels''. Dr Stuart Newstead, a senior researcher at Monash University's Accident Research Centre, said motorcycles had increased in popularity because of traffic congestion in cities such as Sydney, easier parking and drivers wanting vehicles that were cheaper to run and, in many cases, created lower carbon emissions. But with their popularity came a 25 per cent increase in motorcycle fatalities since 2004. Dr Newstead also suggested higher overall road tolls were often related to growing affluence because the wealthier people felt, the more discretionary trips they made in their cars. Economic growth also meant more trucks carting goods were on the road, increasing motorists' exposure to risk of an accident. with Glenda Kwek This content has passed through fivefilters.org. |
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