Archive for » May 8th, 2012«

Chrysler posts best quarterly profit in 13 years, helped by Ram, Jeep and sedans

DETROIT – Chrysler had its best quarterly profit in 13 years. Not bad for a company that almost died three years ago.

The company earned $473 million in the first quarter, mainly from strong U.S. sales, which rose 39 per cent from January through March. Customers snapped up Ram pickups, Jeep Grand Cherokee SUVs and Chrysler 200 sedans.

The profit was more than four times what Chrysler made a year earlier. And it was the best performance since the third quarter of 1998 when Chrysler earned $682 million during the pickup truck and SUV boom.

“I have no bad news to tell you.” Chrysler CEO Sergio Marchionne said Thursday, adding that trends for the rest of year look positive.

Another reason Chrysler made so much money is because it’s generating more cash every time it sells a car or truck. It’s getting an average of $29,234 per vehicle in the U.S., up almost 5 per cent over last year, according to the TrueCar.com auto pricing website. When sales and prices both rise, that generates more revenue and profit. Revenue for the quarter rose 25 per cent to $16.4 billion.

It’s a big change from 2009. The recession, which devastated auto sales, brought the company to the brink of financial ruin. Chrysler and its financing arm needed $12.5 billion from U.S. taxpayers to survive. When a government auto task force deadlocked on whether to save the collapsing company, the tie was broken by President Barack Obama.

Then things turned around. Chrysler got the bailout, cut costs in bankruptcy and saw sales improve along with the economy. The company went into overdrive to revamp 16 models, making them more appealing to car buyers. The results have paid off. Sales have increased steadily through 2011 and into 2012.

Chrysler is optimistic about the coming year, repeating a forecast that it would make $1.5 billion in 2012. Total car and truck sales in the U.S. are running at an annual rate of 14 million so far. That would be a healthy increase over last year’s 12.8 million. The average age of vehicles on roads is nearing 11 years, and pent-up demand is helping sales. Chrysler should share in the growth. Last year it raised its U.S. market share to 11.5 per cent, from 9.4 per cent a year earlier.

Chrysler also is about to launch the new Dodge Dart, its first decent compact car since the bug-eyed Neon in the mid-1990s. A refreshed version of the Ram pickup, its top-selling vehicle, is coming later in the year. Marchionne said the Dart takes Chrysler into a market where it hasn’t had a presence in a long time.

Chrysler still faces risks. The company primarily does business in North America, so its fate is tied to the U.S. economy. Chrysler sold 523,000 vehicles globally during the quarter, but only 67,000 were outside the U.S., Mexico and Canada. Still, international sales were up 80 per cent in the first quarter. The Jeep Grand Cherokee large SUV is typically Chrysler’s top-seller overseas, followed by the Jeep Compass small SUV.

There’s also a lull in new cars and trucks. Besides the Dart, Chrysler doesn’t have much coming in 2012. Next year, however, Chrysler could introduce a midsize sedan and an all-new minivan, Marchionne said. New vehicles typically boost sales.

Chrysler was a big contributor to the earnings of its majority owner, Italian automaker Fiat SpA. Fiat’s first-quarter profits more than tripled to $137 million due largely to Chrysler. Excluding Chrysler, Fiat’s revenues fell 5.7 per cent due to declining European auto sales.

AP Business Writer Colleen Barry in Milan, Italy, contributed to this report.


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Teen drivers who transport with friends during aloft risk for deadly crash

WASHINGTON — The possibility of teenage drivers failing in a pile-up increases with each additional teenage newcomer in a car, according to a new investigate by a AAA Foundation for Traffic Safety.

But a consult by Consumer Reports also found that drivers ages 16 to 21 are reduction expected to speak on a hand-held phone or content while pushing if they move friends along for a ride. 

While a studies would seem to offer opposing recommendation about immature drivers, they come during a vicious time.

House-Senate negotiators are scheduled Tuesday to start essay a final travel check that could embody financial incentives to states that moment down on dreaming pushing and settle graduated chartering programs that shorten teenagers’ pushing privileges.

The reports come a day after sovereign officials pronounced they design trade deaths final year to decrease to their lowest turn given record gripping began in 1949.

“Although a altogether series of teen motorist fatalities has decreased roughly over a past several years, carrying immature passengers is still a poignant risk cause for immature drivers,’’ a AAA Foundation for Traffic Safety said. 

Still, the news notes, drivers underneath age 20 have aloft rates of impasse in deadly crashes than drivers of any other age organisation solely drivers age 80 and older.

A 16- or 17-year-old’s deadliness risk, per miles driven, increases 44% with another newcomer underneath age 21 when there is no comparison newcomer also in a car. It increases 102% when dual passengers underneath 21 are in a automobile and 339% when carrying 3 or some-more passengers underneath 21 in a vehicle, according to a study.

“It is transparent that troublesome teen drivers from carrying passengers and/or troublesome teenagers from roving with immature fresh drivers would advantage a reserve of teenagers both as drivers and as passengers,’’ a investigate found.

Conversely, carrying during slightest one newcomer age 35 or comparison cuts a teen driver’s risk of genocide by 62%, according to a study. The investigate examined teen crashes that occurred from 2007 by 2010.

“These commentary should send a transparent summary to families that relatives can make their teenagers safer immediately by refusing to concede them to get in a automobile with other immature people, either they’re behind a circle or in a newcomer seat,’’ AAA Foundation for Traffic Safety President and CEO Peter Kissinger pronounced in a press release.

On a other hand, a Consumer Reports consult found that roughly half a drivers ages 16 to 21 who have driven with friends pronounced they were reduction expected to speak on a hand-held cellphone or content when friends were passengers. Almost 50% pronounced they had asked a motorist to stop regulating a phone in a automobile since they feared for their safety, according to a consult results, that seem in a magazine’s Jun edition.

“Our consult showed that while distant too many immature people are pushing while distracted, they are reduction expected to do so when their parents, friends, or siblings set a good example,” Rik Paul, Consumer Reports automobile editor, pronounced in a release.

An progressing AAA Foundation for Traffic Safety investigate found that electronic device use was many common when drivers carried no passengers and slightest common when a primogenitor or other adult was in a vehicle.

ALSO:

‘Duck boat’ crash: Victim attempted to assistance deckhand

U.S. trade deaths during record low; economy might be a factor

Rwandan convicted of fibbing about genocide couple to get U.S. entry

richard.simon@latimes.com

 

 


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Area offers a rugged biking adventure – Ledger

The trails in the Wilson Creek Travel Management Area seem simple and straight forward. There’s no intimidating mountains, it’s mostly open country, and there’s a sign board with maps posted at the parking lot.

So why does every mountain bike ride out there feel like an adventure?

Because it is.

“You need a sense of adventure,” said Mike Edwards, president of the Southwest Idaho Mountain Bike Association.

Edwards has been riding the area since the 1990s. He and a middle-aged band of mountain bikers known as the “Silverbacks” rode mountain bikes on Jeep roads, cow and horse trails, ATV trails, etc. and pieced them into an informal network of bike routes.

“That’s how a lot of those trails came into existence,” Edwards said.

In 2007, the U.S. Bureau of Land Management designated about 29,000 acres in the Wilson Creek Travel Management Area near Nampa, Idaho, with an emphasis on nonmotorized recreation, and the agency designated and mapped about 80 miles of trails for mountain bikers, hikers and equestrians.

The organic origin of the trails meant they were not designed specifically for mountain biking. Throw in use of the area by open-range cattle, horses (both wild and domestic), and continuing trail work and the place is constantly evolving.

Most trails are marked, but signs are lost, blown over or trampled by cows. Riders will encounter rocks, sand, cliffs, creeks and all kinds of adventurous mountain biking.

“I would like to keep it that way,” Edwards said.

Despite the challenges, the riding is still fun. There’s swift, swooping trails, short, steep descents usually followed by a mirror-image climb.

There are trails along willow-lined creeks and the unique “China Wall” trail (W600) where an old aqueduct built by Chinese immigrants became a trail. There’s enough trails that it will take several seasons to learn them all.

Jack Helton of Nampa, Idaho, is another “Silverback” who has ridden most of the trails in the area. He said it’s a great way for people to try riding a new area and improve their skills.

“I really feel if you can ride out there, you can ride anywhere,” he said.

People should not expect a Foothills trail experience. Be prepared to dial back your mileage and work harder for those miles.

“It challenges you technically, and it makes the Foothills seem pretty tame,” Helton said. “It’s more of a full-body experience than just sitting on the bike and pedaling. You’ve got to stay on your game.”

Spring is the best time to ride there. The trails are firm and the temperatures mild. The area dries pretty quickly after rain, but you don’t want to be stuck out there in a heavy rainstorm. The clay soil turns into a nasty paste that clings to everything and dries like adobe.

As spring progresses, daytime temperatures rise and the trails will get loose and dusty.

In the meantime, it’s a good opportunity to get out and start exploring.

Helton said there are two major drainages: Wilson Creek and Reynolds Creek. He recommends riding up the Wilson Creek drainage and coming down the Reynolds Creek side.

The two drainages are divided by the Wilson Creek Road, and remember it as your bail-out route. If things go haywire, the road will take you back to the parking areas.

Getting there: From Nampa, go south on Idaho 45 and cross the Snake River.

Go west on Idaho 78 to Wilson Creek Road and south to the parking areas.

You might want to skip the first parking area and go to the second or third, which provide better access to trails.

Trail maps: Paper maps are available at bike shops, sporting goods stores and the BLM office 1387 South Vinnell Way in Boise. They’re also online at http://www.blm.gov/id/st/en/fo/owyhee/recreation-sites-/wilson-creek-travel.html

Do a search for “Wilson Creek Travel Management Area.”

Riding tips

– Watch for horses. If you meet them on the trail, it’s usually best to dismount from your bike and get on the downhill side to avoid spooking horses.

– Bring tools for basic bike repairs and a few spare parts. Breakdowns are common.

– Ditto for a first-aid kit. Have something to deal with cuts, scrapes and contusions, at least back at the vehicle if you don’t want to carry it on your ride.

– If your ride includes creek crossings, chain lube can quickly wash away, which leads to rough shifting and chain suck. A rag and some chain lube can prevent it.

– Body armor isn’t a bad idea if you have it.

– Watch the weather. It can change drastically fast. Storms come through and drop the temperature and make it cold and wet.

– Don’t overdo it on your first trip. Explore the area and experience the riding before you try a long route.

– Have fun. Don’t get frustrated if you’re pushing your bike part of the time. If you’re not used to technical riding, it’s a good place to improve your skills, but don’t expect it to happen immediately. Enjoy the challenges as well as the ride.


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A business transport nightmare: Flying to a wrong city

Melanie Marken was headed to her hotel to rest adult for a business assembly in Bloomington, Ind., final month when she done a discovery.

She was in a wrong Bloomington.

Marken’s transport representative had incorrectly requisitioned her on a moody to Bloomington, Ill. And she had to expostulate scarcely 5 hours to make her assembly in a Indiana city with a same name.

“Remember when we were a small child and got mislaid during a mall?” she says. “That’s what we felt like. … ‘Now what do we do?’ “

Even a many maestro of business travelers can inadvertently finish adult on a wrong moody — and in a wrong city. It’s embarrassing, and even worse, it can tainted adult business meetings and potentially cost a association money.

Causes for a confusion can operation from a trouble of a sap traveler to a transport agent’s blunder in engagement a sheet to a wrong city, Road Warriors and transport experts say.

“The traveler can e-mail a ask for tickets to Philadelphia, for example, and finish adult on a moody to Philadelphia, Miss., not a dictated destination,” says Kevin Mitchell, of a Business Travel Coalition. “Sure, there are opportunities to locate such a mistake before withdrawal home or even during a airport. However, infrequently a harried business traveler is handling on information overload, or is only too sleepy to locate a blunder until an onboard announcement.”

However singular a occurrence and whatever a reason, such a fumble can lead to tattered nerves, reckless rescheduling, and some critical pushing to make adult for mislaid time.

Ron Goltsch remembers being incited around by his boss, who in a rush insincere a customer Goltsch was going to accommodate was formed outward Memphis, Tenn.

Goltsch, an electrical operative who lives in West Caldwell, N.J., flew into Memphis that same afternoon, rented a automobile and asked a representative how to get to Powell, Tenn. “We looked adult a town,” says Goltsch, recalling a occurrence that happened about a decade ago. “We were both repelled when we found it was scarcely 400 miles away.”

It was already evening, and Goltsch had to accommodate his customer during 7 a.m. a subsequent day. The let automobile representative “took pity” and upgraded him to a Lincoln Continental during no additional cost to make a prolonged trek to Powell some-more comfortable. Goltsch got there after midnight and done it to his morning appointment.

Since then, “I have turn utterly detail-oriented when it comes to transport arrangements,” Goltsch says.

Tighter confidence helps

The odds of removing on a moody to a wrong city has discontinued given a apprehension attacks of Sept. 11, 2001, if a navigator has a sheet and boarding pass to a right destination.

Today’s tighter airfield confidence is ostensible to forestall incidents like a one medicine John Steinberg says he endured in a 1990s.

He was on house his flight, prepared for takeoff, when he satisfied that instead of Charleston, S.C., he was headed for Charleston, W.Va.

“Feeling like a grade-A moron, we really sheepishly stood adult and settled that we was on a wrong moody and that we had to lapse to a gate,” says Steinberg, who lives in Randallstown, Md.

Steinberg had been using late and missed his strange US Airways moody out of Baltimore. A embankment representative told him there was another moody to Charleston that he could still make and that he should run for it, nonetheless he didn’t have a boarding pass. She’d call a organisation and let them know he was on his way.

Steinberg done a flight, a craft pushed off from a gate, and it began to taxi. That’s when Steinberg satisfied a craft was going to a wrong Charleston.

Time was of a essence, Steinberg says. If he hadn’t drummed adult a bravery to acknowledge he was on a wrong flight, he’d have missed his cooking business meeting. Instead, a craft incited around, he was requisitioned on another moody and he done a meeting.

The embankment representative told him she was contemptible she hadn’t checked his sheet before promulgation him running.

Though some corporate trekkers are means to giggle off such incidents, Tommy Teepell says that his unconsidered tarry caused him critical contemplation.

Back in a 1990s, Teepell, a conduct of marketing, says he was on a craft 10 or 11 times a week. One outing was ostensible to take him from his home in Baton Rouge, La., to Albany, N.Y., to accommodate with a internal sales team.

But when he landed, a let automobile representative told him she had never listened of his hotel. It turns out that he was nowhere nearby Albany, though in Rochester, N.Y., instead.

“I figured a transport group sent me to a right place,” Teepell says of not seeing that his moody was headed to a wrong destination. “At some indicate in a corporate life we arise adult and we strike a phone to find out where we are, since hotels and all starts to demeanour alike.”

Still, Teepell says that not seeing — on his ticket, on house a moody — that he was headed to a wrong city was a wake-up call to a fee that consistent business transport was taking.

“I remember removing in a let automobile and thinking, ‘I’m during a finish of my rope,’ ” he says. ” ‘I’ve got to get some control over my life.’ we was so bustling racing from eventuality to event, glow to fire, that we only showed adult during a airfield and went where a sheet told me to go.”

But no more. After that, Teepell says, he cut his transport behind by half.


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Jeep drives Pro-Am Tour

The PGA and Chrysler Australia are proud to launch the Jeep Pro-Am Tour – a new initiative that will bring together amateurs and Professionals in an exciting, unique concept.

The Jeep Pro-Am Tour, a partnership between Chrysler Australia, Hi-Lite Events and the PGA, will comprise of five events, each consisting of a four day pro-am.

Tournaments are set to be contested in Victoria, New South Wales, Queensland and Western Australia with the top 10 eligible amateurs joining the top 60 Professionals from the Jeep Pro-Am Tour money list at the Australian National Final in Queensland from the 29th November to the 2nd December, 2012.

For each Jeep Pro-Am Tour event, 60 Professionals will play four rounds of stroke play and will be joined by 60 invited amateurs and celebrities.

Professionals will vie for an impressive total prizepool of AUD$500,000, however that’s just the start of the incentives.

The Final, to be played at Queensland’s Royal Pines Resort, will have an added bonus for the leading and runner up Professionals as well as the leading amateurs.

Up for grabs for the Professionals is the opportunity to attend a recognised Tour School in 2013 with expenses covered by Chrysler Australia.

Additionally the two best placed amateurs will each receive a travel package to an exclusive golf tournament in the United States.

Sam Tabart, National Marketing Manager from Chrysler Australia, explains why he and his team felt inspired to launch the Jeep Pro-Am Tour.

“We feel that this is an amazing opportunity for the grass roots PGA golfers in Australia. We are delighted to be working in association with John Ryan and his team and the future golfing stars of tomorrow. We encourage anybody interested in upcoming Australian golf to Don’t Hold Back”.

John Ryan from Hi-Lite Events said, “It is exciting that this new tour has come to fruition and I can’t thank Clyde Campbell the CEO of Chrysler Australia enough for injecting the funds to support this tour and to give Professional golfers of Australia an opportunity of a lifetime that will put them on the road to success”.

“Pro-Am golf is a wonderful and unique opportunity for amateur golfers to play side-by-side with Australia’s up and coming professional golfers and we are extremely pleased to see the Jeep Pro-Am Tour join the PGA’s Pro-Am Circuit in 2012,” said Brian Thorburn, CEO of the PGA of Australia.

“The new tournament format is a wonderful initiative by Chrysler Australia for our Pro-Am circuit and we look forward to working with all stakeholders over the next few months to ensure a successful Jeep Pro-Am Tour in 2012.”

The Jeep Pro-Am Tour will be played at: Moonah Links (Vic) 24th-27th May, Kooindah Waters (NSW) 14th – 17th June, Royal Pines Resort (Qld) 30th August – 2nd September, The Vines (WA) 8th – 11th November, The Final – Royal Pines Resort (Qld) 29th November – 2nd December.


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Drilling Down: Business Travel Tips From a Travel Columnist

Dashboard

A weekly roundup of small-business developments.

This week’s Dashboard roundup of small-business news includes a couple to a mainstay about United Airlines combined by Joe Brancatelli, a transport columnist: “Worst. Airline. Ever. Again.” According to his possess Web site — “the homepage for business travelers” — Mr. Brancatelli “has logged large miles, spent approach too many nights in common hotels, squandered distant too many hours in airline clubs and dipsomaniac distant too many bad coffee. In other words, he’s only your Average Joe Business Traveler.” We went behind to him to see what other difference of recommendation he competence have for small-business travelers. A precipitated chronicle of a review follows.

What’s your biggest censure as a business traveler?

How about we demeanour during it a other way? we recently wrote about how to make things improved with some specific suggestions.

I consider business people protest too many about airlines and don’t conclude them. Agree or disagree?

I can’t pronounce for “business people.” Business people who don’t transport on business have no thought how harsh it is. Once on a time, business transport competence have been fun, though it’s not all that stirring now. There’s a lot some-more bad-burgers-from-room-service nights than fanciful nights out interesting on a association dime. Business people who don’t transport don’t seem to know that. But many business travelers we know demeanour during a airlines and say, Wow, they provide me feeble and they destroy billions of dollars of collateral in a process. Bad businesses charity a bad product. So it offends business travelers on a business turn as good as a personal level.

Any tips on selecting an airline, hotel or automobile let agency?

Best airline tip: When all other things are approximately equal, take a nonstop. Best hotel tip: Take advantage of a fact that a hotel attention has combined a camp form for substantially any need and any budget. Buy a hotel form that fits we best. And any outing is expected opposite so we won’t be in a name code name each time if you’re meditative it out. As for automobile rentals, well, we try to lease a smallest automobile we consider is safe. I’m not a large fan of pushing — hey, I’m a New Yorker — so maneuverability is critical to me when I’m in a city where we don’t know a roads.

Do we use a transport agent?

I like transport agents. And a longer and some-more difficult a trip, a some-more we wish a recommendation of a good agent. But given this is a business that we cover as a contributor and commentator, there are critical things we learn when we do it myself. Besides, business transport is customarily some-more point-to-point than convenience travel. And given we’re mostly married to a magnitude program, we have mostly cut down a possess options.

I’m a Gold US Airways Dividend Miles member nonetheless we still have to compensate $150 when we change a ticket. What’s adult with that?

So fly Southwest. Southwest doesn’t have change fees. Don’t be a restrained of your visit flyer program. Book a airline that offers a best multiple of cost and service.

You’re roving from New York to Boston. Fly or train?

Train. And as we pronounced in a recent column, Acela isn’t indispensably a best option. Sometimes a Northeast Regional is a improved time-price combination. By a way, Boston-New York has another option: Limoliner.

You’re roving to San Francisco for your tiny business. Your assembly is downtown. Where do we stay?

Probably a closest decent place to a meeting. But if I’m going to San Francisco for only one meeting, I’ll substantially try to report it so that we can take a initial moody in a morning and make a red-eye home. So we won’t need a hotel.

Do we buy transport word when going on a business trip?

No, since there isn’t many income during risk. I’m substantially not profitable upfront on a hotel or automobile let and a airline sheet is flattering tighten to flexible. Besides, business transport tends to cancel for reasons that many transport word doesn’t cover. Travel word is an critical member in transport now, though we have to know what it covers, what it doesn’t and how many of your income is indeed during risk.

What are your favorite mobile apps for a business traveler?

I’ve combined a mainstay about mobile applications. And we know I’m delayed on this one, though we recently combined TuneIn to my personal quiver. What can we tell you? we still like my internal news and NPR stations …

If we are promulgation employees to a conference, is it O.K. to ask them to double adult in a hotel room?

It’s fine to ask.

Gene Marks owns a Marks Group, a Bala Cynwyd, Pa., consulting organisation that helps clients with patron attribute management. You can follow him on Twitter.


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