This morning the price of gasoline in The Kneeslider's neck of the woods dropped to $1.99, first time it's been under $2.00 since May. The payback period for all of those hybrid drivers just keeps getting longer and longer. From yesterday's Wall Street Journal: Toyota applauds your willingness to spend $9,500 over the price of any comparable vehicle for the privilege of … [Read more...]
Business in a flat world
Way back in April I mentioned this book, The World Is Flat: A Brief History of the Twenty-first Century, as a good way to understand the new global business environment. With Chinese growth, GM cutting 30,000 employees and all of the other happenings, everyone else is reading the book now, too. It's #4 on Amazon. As I said back then, good book. I recommend it. … [Read more...]
Free Vespa scooters – sort of
Free giveaways are always nice. Lately some of the car makers have started giving away free gas when you buy one of their cars. Nice idea, it might be enough to close the deal when you're not quite sure. Well what if you're selling big ticket items like houses and condos? A little free gas won't cut it so how about a free scooter? Save gas every day plus easy parking in the big … [Read more...]
Counterfeit motorcycles seized at Milan show
The Italian finance police have seized 11 counterfeit mopeds at the Milan show after complaints from a Czech company (which I presume is Blata) over the fakes. Three Chinese citizens and one Italian were charged with patent violations. The motorcycles were perfect copies and even had the company trademark. The number of Chinese counterfeits is rising and Blata, for one, has … [Read more...]
GM settles with Chery over name and design issues
In another longstanding lawsuit with a Chinese company, General Motors has settled with Chery, the company producing a copycat car with a similar name to Chevy. Details were not disclosed. Malcolm Bricklin, who is planning to import the Chery (or whatever it's going to be called now), is moving ahead with plans to bring the car to the U.S. via Auto Insider … [Read more...]
Gas prices almost down to $2.00
After reaching $3.19 per gallon locally not long ago during the hurricanes, gasoline is now $2.07 at one station nearby. I was looking around for pieces of sky but I couldn't find any because it never fell. That's free market optimists, one, ... gloom and doomers, zero. … [Read more...]
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