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Study Says 35% of New Vehicle Sales at Risk if
Incentives and Rebates are Eliminated
IRVINE, Calif., March 2 / -- AutoVIBES, a monthly
automotive study from Harris Interactive(R) and Kelley Blue Book
shows that a majority of consumers time their new vehicle purchases
based on available incentives.
Manufacturers would like to reduce and eventually
eliminate new vehicle incentives, but based on new research it may
be more difficult than they think.
According to AutoVIBES research, 67% of consumers planning to
buy a new vehicle in the next 12 months say their purchase timing is
'very much or somewhat' affected by the availability of incentives.
Dollar Thrifty Automotive Group Continues
Strategic Growth Plan
TULSA, Okla., March 2 / -- Dollar Thrifty Automotive
Group, Inc. announced the acquisition of the Thrifty Car Rental
franchise operations in Raleigh-Durham, North Carolina.
The acquisition includes a location off-airport at
Raleigh-Durham International Airport and a location in downtown
Durham. The acquisition
continues the corporate growth strategy of acquiring franchisees in
key U.S. and Canadian markets.
The Raleigh-Durham acquisition adds approximately
625 vehicles to DTG's corporate operations.
Since the Company announced its acquisition strategy in early
2003, DTG has successfully acquired 26 key U.S. and Canadian markets
and opened six new Greenfield locations.
401(k) Plans Fail to Engage America's Youngest
HARTFORD, Conn., March 2, 2004 / -- America's
primary retirement-savings tool, the 401(k) plan, is failing to
interest America's youngest workers, calling into question the
401(k)'s long-term contribution to individual wealth and its value
to employers as a tool to attract and retain top talent.
According to CIGNA Retirement & Investment
Services' third-annual Workplace Report on Retirement Planning,
fully one-third of America’s youngest workers don’t participate
in their employer-sponsored 401(k) plans.
The survey also found that they were 19 percent more likely
than older Boomers to label the 401(k) "the benefit of
A Lead Foot
Equals A Lighter Wallet
MAYFIELD VILLAGE, Ohio — March 1, 2004 — A lot of
drivers may be putting themselves at risk for being cited for
speeding, which may result in higher auto insurance rates. A
national survey of more than 1,000 drivers, conducted by the
Progressive group of insurance companies, found that 90
percent of respondents drive over the posted speed limit and 39
percent speed more than 25 percent of the time they're behind the
wheel. Also, nearly half of those surveyed
weren't aware of the potential affect of a speeding ticket on
auto insurance rates.
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