What's worth it: Tirekicking Today, a newsletter for...

File Cabinet

August 11, 1996

What's worth it: Tirekicking Today, a newsletter for consumers, says options can drive up the cost of a new car, but some are really worth having. Air conditioning costs close to $1,000, but a car without it can be hard to sell. Rear window defoggers and intermittent windshield wipers can be a real safety plus, and they're not all that expensive. On the other hand, power windows can be expensive to repair.

Disappearing pensions: Many companies are pulling the plug on pension plans for outside directors. William M. Mercer, a consulting firm, surveyed 224 large companies and found more than a quarter that have sponsored cash-based retirement plans for directors are ending pension coverage. One reason for the change is criticism by shareholder groups.

Pub Date: 8/11/96

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