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Beijing Ben Ao An Da Automobile Driving Service, which hires out chauffeurs, said it expects to boost sales by about 60 percent this year as a result of the tougher law, which went into effect on May 1.
MSN: Party on, China! But get a driver
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The National Automobile Dealers Association estimates service and parts made up 12% of dealer sales last year--but 47% of profits.
FORBES: Dealers 1 Internet 0
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My bills would waive the capital gains tax on any investments made in the next 18 months and held for at least three years in the "enterprise sectors" of automobile companies, financial service companies, and residential real estate in areas affected by a high foreclosure rate.
CNN: Commentary: I'm just a bill on Capitol Hill
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By concentrating on the social aspects of the car as much as the technological, Mitchell and his team imply a complete restructuring of the automobile industry, one from a purely product-driven industry to a service industry.
CNN: Reinventing the wheel
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Increasingly, the customer service representative, tech support, or sales person you call at such companies as Carnival, the American Automobile Association, and Time Warner may be a stay at home mom in Missouri, a layoff victim in Florida, or an accountant in Pennsylvania who needs more hours now that tax season has ended.
FORBES: Written By Angela Selden