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Month: May 2023

Used-vehicle retailers shifted Q1 goals to profit over volume

Used-vehicle retailers shifted Q1 goals to profit over volume

Retailers grappled in their latest quarters with many factors impacting used-vehicle businesses: tighter availability of late-model used-vehicle inventory, heavier acquisition activity at wholesale auctions by rental car companies and increased consumer demand for affordable vehicles.

Majority of Disney first responders approve bargaining agreement, await ratification

Majority of Disney first responders approve bargaining agreement, await ratification

Disney World’s first responders have approved a three-year labor deal that now heads toward the ratification process.

On Friday, 80 percent of the Reedy Creek Fire Department’s 185 staff members signed off on the deal, paving the way for a significant bump in starting firefighter pay and benefits, in addition to investment in transportation equipment and addressing safety concerns, union President Jon Shirey said.

Shirey said about 20% of members either did not vote or voted against it.

“Securing the vote favorably by those kind of margins is a testament to the work that’s gone into this contract,” he said. “It’s been in the works for nearly four-and-a-half years, so today certainly feels like a relief, but more still has to occur, so we’re cautiously optimistic.”

Representatives of the Central Florida Tourism Oversight District did not immediately respond to request for comment.

Negotiations began under Walt Disney World’s Reedy Creek Improvement District board members and representatives, but that changed after DeSantis signed a bill dissolving tax district and appointed a new board. read more