After passing the House of Representatives the new energy bill carrying the revised CAFE standards, failed it's first round of voting in the halls of Congress at 53-42. The bill was revised and voted on again this morning. This time falling short by the one voted it needed to pass. At 59-40 the bill has again been revised and will be voted on later today.
The major revision is the removal of $21.8 billion dollars in new taxes. Speaker of the House Nancy Pelosi has confirmed that House would pass a new version of the bill sans the tax hike. The Detroit News reports that the revised bill will not include $1 billion in consumer tax credits for buying plug-in hybrids, and will cut a 20% tax credit for people who convert their vehicles into plug-in hybrids(we want more info on this). What will remain is the core piece of legislation that will raise Corporate Average Fuel Economy standards(CAFE) to 35 mpg by 2020. The White House has repeatedly stated, however, that it plans to veto the bill if it passes both houses of Congress.
Source: The Detroit News.
Showing posts with label Legal. Show all posts
Showing posts with label Legal. Show all posts
Thursday, 13 December 2007
Thursday, 6 December 2007
More Shelby Shenanigans. Shelby refuses to renew club's license
We have been reading a lot about Carroll Shelby and Shelby America cutting ties with Unique Performance in the production of the GT 500 Eleanor and GT 350 continuation cars, but this is now on the verge of Shelby turning into a bitter old man.
In a move that seems down right shady, Carroll Shelby and Shelby Licensing has announced that they will not allow the renewal of the Shelby American Automobile Club license after 33 years. Not only that, but Shelby's lawyers have served the club with orders to release all materials, documents, registry information, financial info, and merchandise to Shelby.
The 5,000 + member club which has operated for 33 years and has compiled an extensive database on every Shelby car made. Which is quite an amazing feat. What is great to hear is they are not going to take this lying down. They have started a donation fund for legal counsel to rebut these demands.
This comes after the announcement that Shelby America is forming their own club, Team Shelby. Though to just up an stomp out the group of enthusiasts that have helped to keep the legend of Shelby cars alive, and many of which are customers who purchase new GT 500s and Shelby GTs. This is the prefect way to drive them away.
Volkswagen of America pulled a similar stunt about 10 years ago, by going after repair shop, parts suppliers, enthusiast websites, and clubs for use of the Volkswagen name and logo. It caused a lot of bad blood as it drove hundreds of the very people who helped to build their brand and annual car sales to the waiting arms of Toyota and Honda.
We were longtime fans of Carroll Shelby and his cars. That is of course until today. We are not planning to do anymore features on Carroll Shelby or Shelby vis this website. Though updates on this particular topic will be addressed as more info becomes available.
Source: Hemmings Motor News, Shebly American Automobile Club.
In a move that seems down right shady, Carroll Shelby and Shelby Licensing has announced that they will not allow the renewal of the Shelby American Automobile Club license after 33 years. Not only that, but Shelby's lawyers have served the club with orders to release all materials, documents, registry information, financial info, and merchandise to Shelby.
The 5,000 + member club which has operated for 33 years and has compiled an extensive database on every Shelby car made. Which is quite an amazing feat. What is great to hear is they are not going to take this lying down. They have started a donation fund for legal counsel to rebut these demands.
This comes after the announcement that Shelby America is forming their own club, Team Shelby. Though to just up an stomp out the group of enthusiasts that have helped to keep the legend of Shelby cars alive, and many of which are customers who purchase new GT 500s and Shelby GTs. This is the prefect way to drive them away.
Volkswagen of America pulled a similar stunt about 10 years ago, by going after repair shop, parts suppliers, enthusiast websites, and clubs for use of the Volkswagen name and logo. It caused a lot of bad blood as it drove hundreds of the very people who helped to build their brand and annual car sales to the waiting arms of Toyota and Honda.
We were longtime fans of Carroll Shelby and his cars. That is of course until today. We are not planning to do anymore features on Carroll Shelby or Shelby vis this website. Though updates on this particular topic will be addressed as more info becomes available.
Source: Hemmings Motor News, Shebly American Automobile Club.
By:
Austin
On 19:30
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