Article Abstract:
The Arizona Automobile Dealers Assn has filed a case against a new law in Arizona that provides restrictions on how automobile manufacturers can sell and market vehicles over the Internet. The law has been considered as one of the toughest dealer franchise laws in the US. It requires automakers to send the Internet car buyer to the dealer that is located geographically closest to the buyer instead of a dealer selected by the manufacturer. The attorney general's office in Arizona has agreed not to enforce the law until the case has been settled.
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Article Abstract:
South Korean car manufacturers such as Hyundai Corp, Kia Motors Corp and Daewoo Motor Co have seen increases in US sales in 1999. Hyundai's US sales have increased 66% from a year ago, while Kia's sales increased by 54.9%. Daewoo's sales also rose, but the company continues to struggle with its debt estimated to be slightly more than its assets. General Motors Corp and other automakers have expressed interest in buying the struggling Daewoo.
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Article Abstract:
Automobile manufacturers are unlikely to meet the three-year deadline set in a Congressional legislation that requires installation of tire pressure monitors in all new vehicles. One of the reasons is that the government has not yet establish clear standards. Moreover, suppliers is still do not have enough production capacity and automakers do not have enough time to make changes on assembly lines.
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