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Publication: European Stars and Stripes Thursday, August 2, 1990

You are currently viewing page 57 of: European Stars and Stripes Thursday, August 2, 1990

     European Stars and Stripes (Newspaper) - August 2, 1990, Darmstadt, Hesse                                Thursday August 2. 1990 the stars and stripes Page 3 n cars by Chuck Vinci i Washington Bureau Washington a recent changes to environmental Protection Agency regulations could put a Dent in the number of foreign made cars that arc imported into the United states according to government and Industry officials. Epa policy currently allows an individual to apply to ship one foreign vehicle to the United states with out modifying it to meet Federal emission standards. But Only Epa approved Independent commercial importers can get those foreign vehicles into the United states for the owners and they will be Able to do that Only until . 31. After that Date no foreign made vehicles will be allowed to enter the United states unless the owner arranges for an importer to modify it to meet . Emission and safety standards which could Cost several thousand dollars. Some models cannot be modified to meet the standards and the firms sometimes choose not to import various vehicles. No firm has chosen to import motorcycles for example and companies Seldom choose to import diesel fuelled vehicles an Epa official said. To make matters even More confusing for car buffs the nine approved importers on the Agency s current list arc certified to handle Only certain makes of vehicles. A a. A before buying or shipping a non conforming vehicle we strongly recommend that owners make final arrangements with a commercial importer the Epa official said. A otherwise customs could assess costly storage fees at the . Port of entry and the vehicle May not be eligible for  one Industry official said the regulation changes coming at a time when a cutback in . Troops in Europe is imminent could cause problems for service members who have purchased foreign cars. A i think a fair number of gis could end up getting caught Short Quot said Dan Kokal of to claw inc., a Virginia based lobbying organization that works on behalf of the individual importers. A vehicle properly built to meet . Specifications will have an Era Label somewhere under the Hood and a . Department of transportation safety Label on one of the door jambs he said. The most up to Date Epa regulations As Well As a current list of Agency approved commercial importers can be obtained by writing the . Environmental Protection Agency manufacturers operations division en340-Einvestigations in sports Section. 401 m St. S.w., Washington . 20460. Individuals also can request information on importation of particular vehicles by writing the above address or a Allong the Epa at 202-382-2504. Owners should have the make Model year and vehicle identification i Faber from the registration card available when calling and should  that same information if they write to the Agency. To qualify for the one time waiver before the december deadline a foreign made vehicle Tuisl he at least 5 Model years old at the time of shipment Musl. Have been purchased before nov. 30, 1987, and must be the first foreign made vehicle brought into the United states by the owner. If it a v i i a she it. Vol it  different pravda editor i link Krul holds one of 85,000 Netherlands looks like the son. Copies id Guy pravda to be distributed own nudist party new paper. In  in the soviet Union. The rus  soviet t uni Hummer a relations Guage paper printed in Amsterdam the carry prison terms of up to foe years. By Randy met lain financial writer Frankfurt. West Germany a the Dollar tumbled to its lowest military Exchange rate since world War ii in West Germany on tuesday As fears of inter est rate cuts in the United states dominated trading. The military Exchange Rale in West Germany stood at 1.56 Marks after a Price fixing in Frankfurt tuesday afternoon that a one pfennig lower than the previous Low of 1.57 Marks last set Jan. 5, 1988.the Dollar has fallen 22 percent in value against the Mark since june 16, 1989, and it shows no sign of reversing Field. Since the Berlin Wall cracked open last november the Dollar has lost 14 percent of its punch. A the Dollar also sagged against other currencies tuesday. In London the British Pound opened higher at $1,846 for i Pound compared with $ 1.84 on monday. The Greenback reached its Low eth tuesday due to investors fears that interest rates in the United states Are on the Way Down. Gunter Teich the currency analyst with the Bank of Boston in Frankfurt said foreign Exchange markets were swamped by a Rumor that several . Hanks Are on the verge of cutting their prime lending rates and that drove the Dollar lower As investors scrambled to Pul their Money into higher yielding currencies. Many economists also Are say my that a unified Germany will soon  my the Edumenic , my i n vectors Are hungry to own Marks rather than dollars so they can Lake part in the Good times ahead. Teich said he secs the Buck falling at least another 2 pfennig in the next few Days a a it a very very difficult to say How Low the Dollar might fall hut i think soon  he below 1.58 Marks on the world Market a he said. A of course that s not very Nice for you Guys the american troops Quot the military Exchange rate is always slightly lower than prices quoted on world currency markets because the military Hank takes a 2 percent commission when changing Money for service members. Elsewhere in Europe the Dollar opened lower in Paris and Milan at 5.384 French francs Down from 5,3975, and at 1,176.55 italian lire Down from 1, 180. The Dollar managed to open marginally higher in Brussels at 33035 belgian francs up from 33.03 a Day earlier. In new York tuesday the Dollar extended its Steep descent against major foreign currencies in Selling related to a weak . Economic Outlook which is expected to drive Down Domestic interest rates. The Dollar ended the Day near its lowest Levels. It was quoted at 1.58555 German Marks late in new Yolk Down Horn 1.6040 late monday. The Dollar took a against the japanese 14 5.835 yen late in 14 7.83 late monday a i of Liei Iii i of y o. I to t  a a 11 quote \ >1 n significant dive yen. Tailing in Lew York Horn of sonar maker pleads guilty to overcharging Pentagon washing u no to t  d  in. 1.1 Wod hirer o f sonar Dev ices Tor r. A a .1 a i 1 lie. It. A 1 r. Is id. D ii v a i f a 1 r rims p traded Guy to two ,. Gas a man1 1. U i a a 1. I s a i k mood is Ami agreed in As 55.1 unit a i m . I Tab. 1 i i a i s p a a r i i j a i it to sett a a div 11 suit alleging it of a a a a Nisi is  to r the i o a a  a Hare e it .1 the Pentagon for labor t o  r in. N if. S Aid lift k t j a i l v met k inc., pleaded go. I r 1 a 8 a ill.1 d gift a. I i court a l san i in. Go to two liar pm of Malang 1 m i the per i n is of the. A u 1 to la  St. Ate merits to the Guven Mienl and  if. A 1 e Wal v a i a $ of s  Ltd t s a a a tilled $ 1 1 038 to the Justice department1  rant o 1 the 55 1 n id ill j of i1 i 1 1 lie in a m. A yes release. I he i company admit d 1 a 1 e 1 1,111 is t s  a a a soviet s  false e1 Tomuo <4 labor loss to 1 i a r a . Mis i no by Hall to 1 i m. T j i the per. I h.g<1 n. R a to i v at is i 1 r. I t l a or a i j i Iima 1 to f v d d. The . Tamed m  a. A. A to t ii nov a  v it a a 1.1 Aji Iii.  is Quot a i i r d in my i s. 1 my my n v him .1 it Vii i 1. I i a 1. A 11. A i min it i to  a i 1 1 r j a  1 i. 0 1 1 a brought under the  / f quota it. I. 1 i /  
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