AUGUST 10, 2006Estate Tax Bill Blocked
Until September WASHINGTON (Aug. 3, 2006) - A motion to invoke cloture - ending further debate - and pass the Estate Tax and Extension of Tax Relief Act of 2006 (H.R. 5970) (S.5079) was defeated 56 - 42, ending hopes for a revision of estate taxation before Congress began its August recess. Under the cloture rule, the Senate may limit debate, including a blocking filibuster of a pending matter to 30 additional hours, but only if there are 60 votes. Being four votes short of cloture prevented a vote to pass the legislation from occurring the last day before the break. Commonly known as the "Death Tax," the proposed bill would have permanently reduced estate taxes by: * Increasing personal exemptions at death to $5 million for an individual's estate and $10 million for a couple. * Reducing the effective tax rate imposed on the net value of an estate being passed onto heirs. Estates valued at up to $25 million would be taxed at capital gains tax rates, which are currently 15 percent and scheduled to rise to 20 percent in 2011. Tax rates on estates above $25 million would fall to 30 percent by 2015. The defeat means that the proponents of the measure will have to reintroduce legislation after Congress resumes in September. Senate Majority Leader Bill Frist (R-TN), a key backer, switched his vote in a procedural maneuver to preserve his right to debate the bill at that time. He urged senators who voted against it to "rethink long and hard" before lawmakers reconvene.(Source: U.S. Senate)PEAK Offers Sweepstakes to Meet Danica, Win $300K
HILDESHEIM, GERMANY (Aug. 6, 2006) - As the range of information and entertainment available in vehicles continues to expand, Blaupunkt GmbH, a Robert Bosch GmbH subsidiary, is developing heads-up display (HUD) technology to help drivers to manage this surge without being overloaded.
(Photo: Blaupunkt GmbH) "It is becoming more important all the time to relieve the driver of undue stress and strain by implementing simple operating and display systems," says Dirk Hoheisel, Blaupunkt's executive vice president of engineering. HUDs project driver information onto the vehicle windshield, directly into the driver's primary range of vision, thus enabling the driver to become aware of pertinent information quickly and easily. For example, a night-vision image can indicate the exact location of an obstacle that the driver is not yet able to see and then issue the corresponding warning. According to Hoheisel, Blaupunkt is currently developing the so-called "box-based" systems, which already meet automotive manufacturers' stringent demands in terms of image size and resolution, as well as HUD technologies based on the "flying-spot" technology that Bosch is now developing, which overlays the virtual HUD image on the actual visible surroundings. Hoheisel says Blaupunkt expects that as popularity for this technology grows, traffic safety will be improved.(Source: Blaupunkt)Modine Introduces CO2 HVAC For Heavy-Duty Trucks RACINE, WI (July 17, 2006) - Modine Manufacturing Co. has unveiled a new fuel cell product that the company says will reduce emissions, help the environment and cut costs for over-the-road truck drivers. This advanced idle reduction system (idle-off) incorporates high efficiency and zero emissions fuel cells, and uses carbon dioxide (CO2) as the refrigerant. The system can be used for both cooling and heating the sleeper cabin in a heavy-duty truck, creating multiple benefits for truck drivers and fleets. "Our engineers are working on cutting-edge technologies in various areas, including fuel cells, CO2 and HVAC," says Dr. Jonathan Wattelet, Modine's director of research and development. "This product gives us an opportunity to combine these technologies in one package. It's something that no one has done before." There are more than 500,000 heavy-duty diesel trucks on the road in the United States today. Long-haul truck drivers are required to have an off-duty period of 10 hours after driving 14 hours. In the past, if the driver wanted to heat or cool the sleeping compartment during that time, the truck had to be idled to provide a comfortable environment within the sleeper cab. The U.S. Department of Energy estimates that more than 1 billion gallons of fuel are currently consumed each year while trucks idle in these conditions. Dr. Tony De Vuono, Modine's chief technology officer, says 22 states have pending legislation that limits idling in some form. "Our new technology offers a solution, helps to eliminate those emissions, and reduces energy consumption, while still providing a comfortable air conditioned or heated sleeper cab for truck drivers," he adds. Modine's CO2 air-conditioning and heating system provides an environmentally friendly refrigerant with zero Ozone Depletion Potential (ODP) and a zero net Global Warming Potential (GWP), as defined by the U.S. Environmental Protection Agency. The unique properties of CO2 make it advantageous for both cooling and heating a vehicle, says Modine. Using a CO2 heat pump to heat the cabin in cold weather conditions is more energy-efficient than using other conventional heating products, the company adds. Modine sourced the fuel cell power pack from General Hydrogen Corp. The fuel cell power pack uses hydrogen gas as the fuel, with water as the only byproduct. It was specifically designed for a truck auxiliary power unit application to produce electrical energy continuously for more than 10 hours. (Source: Modine)CUVs Heat Up the
Automotive Segment DIAMOND BAR, CA (June 28, 2006) - The Specialty Equipment Market Association (SEMA) recently reported that crossover utility vehicles (CUVs) will leapfrog four segment groups to become the highest-volume sector in North America in terms of production by 2009, citing data from Ward's AutoForecasts. It is currently in the fifth position.
(Photo: Continental AG) The new telematics business will enhance the active safety performance of vehicles through higher levels of collision avoidance capabilities, as well as help increase the post-crash safety and emergency assistance services available to vehicle occupants, the company says. Essentially, the telematics strategy consists of four themes: * Research and development activities will focus on how to link telematics connectivity systems with other in-vehicle safety systems, such as airbags, electronic brake and safety systems, sensors, radar/lidar and cameras. The division's advanced technologists also will continue to explore how car-to-car and car-to-infrastructure communication systems could one day help further reduce traffic crashes road congestion and save lives. * Dedicating resources to embedding wireless technologies into cars so vehicle occupants can, in a more convenient manner, operate and control their portable devices using voice recognition technology. Experts will continue tracking consumer lifestyle and wireless technology trends so telematics can help automotive customers manage the lifecycle of wireless technology and consumer electronics inside the vehicle. * Develop next-generation telematics systems that could incorporate third-generation cellular (3G), Bluetooth, Wi-Fi, Digital Video Broadcast-Handheld (DVB-H), mesh networks and Dedicated Short-Range Communications (DSRC) technologies. These technologies open the door to a range of new telematics experiences, such as wirelessly downloading digital music so it can be broadcast through the audio system inside the vehicle or movies to rear-seat entertainment systems. * Collaborate with members of the telematics value chain including cellular operators, telematics service providers, strategic technology partners, governments and other constituencies to explore how it could expand the telematics market in North America by making emergency call systems and services a reality in Europe and Asia. "We will focus on the evolution of safer driving in an ever more mobile world," says Kieran O'Sullivan, senior vice president for Telematics. "We will work hand-in-hand with the automotive industry to help improve vehicle safety and speed the time-to-market of new in-vehicle experiences." (Source: Continental AG)Is Our Love Affair Over? WASHINGTON (Aug. 1, 2006) - Any nation with more passenger vehicles than licensed drivers has a pretty serious love affair with the automobile. But the romance seems to be cooling off a bit for Americans, according to a July 2006 survey conducted by the Pew Research Center.
The study compared responses this year to those in a Gallup poll in 1991. Surprisingly, Pew Research says the biggest reason the love of the car has soured for U.S. drivers isn't the recent spike in gas prices. Rather, it appears to be the result of a longer-term trend: the growing hassle of traffic congestion.
Other study findings include:
* Sixty-nine percent of American drivers say they like to drive, down from 79 percent in the 1991 Gallup survey. The balance in each case considered driving a chore, attributing congestion, rude behavior of other drivers and commuting as primary concerns.
* Just 23 percent say they consider their car is "something special -- more than just a way to get around" - barely half of the 43 percent who felt this way in 1991.
* Americans are driving twice as many miles today vs. 1991, and spending 60 percent more time today than in 1991 delayed in congested traffic.
* When asked why they like to drive, respondents cited quiet time alone, getting away to see new sights and the feeling of freedom as the top three reasons. Women are more likely than men to cite quiet time as the reason they enjoy driving, while men are more prone to cite seeing new sights.
* People see driving as a chance to take care of many of the other routines and amusements of daily living, including singing, using a handheld phone, eating a meal and applying makeup.
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