December 30, 2009 |
It's the most wonderful time of the year -- for buying a new car. Savvy shoppers, desperate dealers and automotive analysts alike are singing that tune, thanks to fat rebates, cheap financing and an enticing federal tax break for buyers set to expire Friday. "I know we dealers always seem to say it, but with the tax benefits you'll get and the strong used-car values for trade-ins, this really is a great time to buy," said Mark Normandin, owner and president of Normandin Chrysler Jeep on Capitol Expressway Auto Mall in San Jose.
May 1, 1992 |
In these days of cost cutting and discount pricing, you might think Bernie Weiss has a lot of nerve charging full price for USA Optical's fashion eye wear. But the company's 5,000 customers don't seem to mind. Every dollar they spend on frames accumulates points, the same way travelers collect frequent-flier miles. Collect enough points and you are invited to join Weiss on a luxurious vacation.
September 14, 1995 |
Businesses and homeowners who are struggling to pay for seismic upgrading may get financial incentives to do the work, including breaks on business taxes or low-interest loans, the Los Angeles City Council decided Wednesday. The council called for the formation of a task force made up of city department heads to come up with possible incentives to help property owners pay for myriad upgrades adopted by the council since the Northridge earthquake on Jan. 17, 1994.
March 17, 1989 |
Auto industry analysts are waiting for industry leader General Motors to "drop the other shoe" and announce an incentive program that will stimulate its sagging auto sales. "It's mystifying why they haven't come out with more incentives," said analyst Douglas Laughlin of Bear, Stearns & Co.. But the giant auto maker says it is satisfied, for now, with its current program combining rebates and low-rate financing on selected models and plans no revision soon. U.S.
August 11, 1989 |
The Soviet government, in a daring and unprecedented effort to boost agricultural output and get food into the stores, announced Thursday that it will start paying farmers partly in foreign currency, presumably dollars. While providing financial incentive, the move also implicitly acknowledges the relative worthlessness of the ruble, which is not convertible on the world market and which generally buys too little in a nation crippled by persistent shortages.
October 12, 1990 |
With Wall Street in a depressing plunge that shaved another 6% from the average stock price this week, it's not exactly the best time for small companies to go begging for capital. But 32 such hopefuls still showed up in Newport Beach on Wednesday and Thursday. The companies, mostly very young, private, Southland firms, made presentations to venture capitalists and other big investors at brokerage Cruttenden & Co.'s fifth annual conference on emerging growth companies.
CALIFORNIA | LOCAL
August 31, 1991 |
Free trips are usually reserved for TV game show winners or airline customers with frequent-flier mileage. But congestion-weary Southland commuters may get free bus and train rides soon as part of a new bid to get solo drivers out of their cars. The Southern California Assn. of Governments (SCAG) on Thursday is scheduled to announce a new program in which participating employers will distribute vouchers for free travel to their workers.
January 26, 2003 |
President Bush, intent on breaking with the current seniority system, will initiate an incentive pay plan making high-performing and specially skilled federal workers eligible for raises. "Most Americans recognize that the current pay system for the federal workforce is broken," said Kay Coles James, director of the Office of Personnel Management, in outlining the new plan. Rewarding performance "is extraordinarily good news for the hard-working federal employee." Maryland Rep.
CALIFORNIA | LOCAL
August 27, 2009 |
The Los Angeles Unified School District has instituted a pay incentive program for high-level administrators, a move that is largely symbolic now but that some officials and board members hope will pave the way for more merit-based compensation in the future. "I don't believe everyone is the same and I do believe there are individual skills and they should be rewarded," said Supt. Ramon C. Cortines. "I would hope some of the bargaining units would pick this up on their own." Cortines informed the Board of Education of his plan in a closed-session meeting Tuesday.
December 30, 2009 |
General Motors Co. is offering a $7,000 sales inducement to its dealers for every Saturn and Pontiac vehicle left in inventory as the automaker phases out the two brands. Assuming the cash is passed on to consumers, the move could result in savings for buyers looking to snap up one of the few remaining unsold Pontiacs and Saturns. But the savings might not be as much as one would think. To qualify for the incentive, dealers have to put the vehicles in their rental or service fleet before selling them to consumers.