Ford’s F-450 Ups Ante in Pickup Towing War

When it comes to heavy-duty pickups, performance is the name of the game — and towing capacity is the ultimate yardstick. Automotive News reported that in new commercials appearing this fall, Ford will claim its biggest pickup, the F-450, is capable of a best-in-class towing capacity of 31,200 pounds, an increase of 6,500 pounds over […]

TriMas Corp. will Report 2Q Earnings July 31

TriMas Corp. announced that it will host its second quarter earnings conference call on July 31. The conference call will begin at 10 a.m. EDT and will follow the company’s release of second quarter 2014 earnings results at 8 a.m. that day. To participate on the earnings conference call, dial (888) 364-3108 (conference ID #3923586) and ask […]

Fed claims economic activity continues to climb

(July 16, 2014) -- "Most sectors of the economy are continuing to expand steadily beyond the recent bounce from weather-delayed activity, although reports on housing activity continue to be mixed," said Nye. "The employment assessment improved further, thereby indicating the solid pace of hiring seen in the first half of the year should continue in the near term."

CFPB scrutiny could force fixed F&I pricing

(July 16, 2014) -- The Consumer Financial Protection Bureau is sending signals it may be interested in scrutinizing the value of F&I products purchased by consumers, relative to the cost of the products for dealers, according to David Bafumo, president of FNI Inc. in Cary, N.C., Automotive News reported.

Mobility Ventures Launching Luxury Vehicle

Mobility Ventures, an AM General company, is launching the luxury version of its MV-1. The South Bend (Ind.) Tribune reported that the MV-1 LX will be the first luxury vehicle in the United States designed and built exclusively for people with disabilities.  Like the MV-1, it will be produced at AM General’s commercial assembly plant […]

Do ‘Camp Host’ Practices Violate Labor Law?

Greg Villalobos and his wife aren’t holding their breath regarding a California labor lawsuit, lawyersandsettlements.com reported. Rather, they want to raise awareness that seniors working part-time as camp hosts in California campgrounds are being taking advantage of, and both federal laws and the California labor code are being violated. Greg and his wife Cathy retired […]