California Court Throws Out Caddie Lawsuit Against PGA Tour
PEBBLE BEACH, Calif. (AP) -- Caddies lost their class-action lawsuit against the PGA Tour when a federal judge in California ruled they signed a contract with the tour that requires them to wear bibs as part of their uniform and cannot claim that corporate sponsorship on the bibs makes them human billboards.
U.S. District Judge Vince Chhabria dismissed the lawsuit Tuesday night with prejudice, which typically means it cannot be refiled.
The decision came just over a year after caddies filed the lawsuit in northern California, the same federal court where former UCLA basketball star Ed O'Bannon successfully sued the NCAA for keeping college players from selling their marketing rights.
(Golf.com)
Wednesday, February 10, 2016
This Is Intriguing News
Japan's Automakers Could Merge Into Three Groups Or Less By 2020: Report
The Japanese auto industry is crowded. Too crowded, according to Bloomberg’s industry expert, who thinks Japan’s seven automakers will have to merge into three or fewer groups in the next four years to keep up with rising development costs.
Last month, Toyota went from owning a majority stake in Daihatsu to owning the company entirely after a $3 billion sale. That move, according to Bloomberg’s source Takaki Nakanishi, an analyst at Jeffries Group LLC investment banking firm, marks beginning of a trend towards consolidation in Japan.
In the next four years, Nakanishi thinks Japan’s seven remaining automakers—Toyota, Honda, Suzuki, Nissan, Fuji Heavy Industries, Mazda and Mitsubishi Motors— will merge into no more than three consolidated companies.
The industry expert says the move would come as a response to the rising cost associated with developing safer, more efficient and autonomous cars.
(Jalopnik.com)
The Japanese auto industry is crowded. Too crowded, according to Bloomberg’s industry expert, who thinks Japan’s seven automakers will have to merge into three or fewer groups in the next four years to keep up with rising development costs.
Last month, Toyota went from owning a majority stake in Daihatsu to owning the company entirely after a $3 billion sale. That move, according to Bloomberg’s source Takaki Nakanishi, an analyst at Jeffries Group LLC investment banking firm, marks beginning of a trend towards consolidation in Japan.
In the next four years, Nakanishi thinks Japan’s seven remaining automakers—Toyota, Honda, Suzuki, Nissan, Fuji Heavy Industries, Mazda and Mitsubishi Motors— will merge into no more than three consolidated companies.
The industry expert says the move would come as a response to the rising cost associated with developing safer, more efficient and autonomous cars.
(Jalopnik.com)
There's Some Truth On This List
5 Reasons Why I Hate Driving Highly Modified Cars
Whenever I get behind the wheel of a heavily modified motor, I can't help but find a million things that bug me. I love the workmanship and the creativity that goes into builds, but I just don't enjoy driving them
2. They make you hyper aware
The great thing about manufacturers pumping millions of pounds, dollars and yen into research and development is that you can be pretty confident that everything’s going to just work. When you leave a car stock you’re never too worried about clanks and whirrs and groans from under the hood, but when you’ve invested time and money into modifying your car you’re constantly listening out for signs it’s about to die.
If you’re the kind of person who’s happy when stuff goes wrong because it means you get to fix it, that might be fine, but for the rest of humanity being permanently on edge while driving, it isn’t that appealing.
3. Everything you do is multiplied
Once you start going all in on modifying, all the occasional expenses you used to put into your car become a lot more frequent and a lot more expensive. If you currently top up your oil every few months, you’ll find that you’ll be checking it weekly once you fit that new turbo. And it’s not just oil - once you start adding performance, it begins to snowball to other parts of the car. More power? Now you need better brakes. Bigger brakes don’t fit inside your stock wheels? New set of alloys it is, then.
It might be fun seeing a project progress, but there’s rarely a final satisfaction where you know that you’ve finished.
Complete list (CarThrottle.com)
Whenever I get behind the wheel of a heavily modified motor, I can't help but find a million things that bug me. I love the workmanship and the creativity that goes into builds, but I just don't enjoy driving them
2. They make you hyper aware
The great thing about manufacturers pumping millions of pounds, dollars and yen into research and development is that you can be pretty confident that everything’s going to just work. When you leave a car stock you’re never too worried about clanks and whirrs and groans from under the hood, but when you’ve invested time and money into modifying your car you’re constantly listening out for signs it’s about to die.
If you’re the kind of person who’s happy when stuff goes wrong because it means you get to fix it, that might be fine, but for the rest of humanity being permanently on edge while driving, it isn’t that appealing.
3. Everything you do is multiplied
Once you start going all in on modifying, all the occasional expenses you used to put into your car become a lot more frequent and a lot more expensive. If you currently top up your oil every few months, you’ll find that you’ll be checking it weekly once you fit that new turbo. And it’s not just oil - once you start adding performance, it begins to snowball to other parts of the car. More power? Now you need better brakes. Bigger brakes don’t fit inside your stock wheels? New set of alloys it is, then.
It might be fun seeing a project progress, but there’s rarely a final satisfaction where you know that you’ve finished.
Complete list (CarThrottle.com)
It Looks Like The Automobile Financing Bubble Is About To Burst
Is The Party Over? Record Number Of New Car Buyers Are Behind 60 Days Or More On Car Payments
More expensive loans aren’t the only reason for automakers to worry, industry analysts are warning.
There are signs that more consumers are having trouble handling the loans they’ve already taken out.
With a record number of Americans buying new vehicles last year, lenders logged a record amount of debt on their books. And a growing number of those buyers are falling behind on payments, according to Experian Automotive. While 30-day delinquencies are actually down, the number of motorists two months behind on payments grew sharply.
(AutoSpies.com)
More expensive loans aren’t the only reason for automakers to worry, industry analysts are warning.
There are signs that more consumers are having trouble handling the loans they’ve already taken out.
With a record number of Americans buying new vehicles last year, lenders logged a record amount of debt on their books. And a growing number of those buyers are falling behind on payments, according to Experian Automotive. While 30-day delinquencies are actually down, the number of motorists two months behind on payments grew sharply.
(AutoSpies.com)
This Would Make A Nice Addition To A Car Collection
Buy Fonzie's motorcycle on eBay, jump a shark with it
You could own a piece of television history by buying the Fonz's 1949 Triumph Trophy 500 from the iconic sitcom Happy Days. The price might be enough for you to jump a shark, though, because the eBay Motors seller wants $100,000 for the famous bike.
Bonhams auctioned the Fonz's Triumph in 2011, and it sold for $87,500, company spokesperson Nick Smith told Autoblog. This sale copies the earlier listing's description and photos but the seller does add the disclaimer that it's "sold in it's [sic] as filmed condition with all its studio scars." That being said, the lack of new details or images raises a red flag for us, especially at the high price.
According to Bonhams' original listing, this 1949 Triumph is the last remaining example of the three from the show. Famous stuntman and bike builder Bud Ekins created the cycle and took it back after Happy Days went off the air. The Triumph eventually ended up at a motorcycle shop in Oakland, CA, around 1990, and a Cycle World journalist discovered it there for an article in 2000.
(AutoBlog.com)
You could own a piece of television history by buying the Fonz's 1949 Triumph Trophy 500 from the iconic sitcom Happy Days. The price might be enough for you to jump a shark, though, because the eBay Motors seller wants $100,000 for the famous bike.
Bonhams auctioned the Fonz's Triumph in 2011, and it sold for $87,500, company spokesperson Nick Smith told Autoblog. This sale copies the earlier listing's description and photos but the seller does add the disclaimer that it's "sold in it's [sic] as filmed condition with all its studio scars." That being said, the lack of new details or images raises a red flag for us, especially at the high price.
According to Bonhams' original listing, this 1949 Triumph is the last remaining example of the three from the show. Famous stuntman and bike builder Bud Ekins created the cycle and took it back after Happy Days went off the air. The Triumph eventually ended up at a motorcycle shop in Oakland, CA, around 1990, and a Cycle World journalist discovered it there for an article in 2000.
(AutoBlog.com)
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