<p class="source"><span>Airstream</span></p><p class="caption">Airstream CEO Bob Wheeler</p><ul class="summary-list"><li>Bob Wheeler is CEO of Airstream, the 86-year-old maker of iconic, silvery trailers.</li><li>Wheeler took over in 2005. The company recently completed construction of a new, 725,000-square-foot factory in Ohio.</li><li>Wheeler talked to Business Insider about why Airstream resisted the temptation to move - and how the company is dealing with current challenged and future opportunities.</li><li><a href="https://www.businessinsider.com/prime?module=article&amp;area=summary">Click here for more BI Prime stories</a>.</li></ul><p>"It's big shakes," said Bob Wheeler, CEO of Airstream, the iconic American manufacturer of shimmering, retro-cool trailers.</p><p>Wheeler was referring to the company's new 725,000 square-foot factory, a short drive from Airstream's old plant, around since 1970.</p><p>"We expanded about five years ago, but we outgrew that space," Wheeler said. "It was too crowded, people were working on top of each other."</p><p>Wheeler and his team developed a plan to improve the situation, based on business needs, but some critical issues related to location arose.</p><p>"Sixty percent of the recreational vehicles we make are sold west of the Rockies," he said. The question was whether Airstream should leave its longtime home in Jackson Center, Ohio, or stay put.</p><p>Wheeler and the company chose the staying-put option.</p><p>"The number one resource we can't reliably create someplace else is the workforce," he said. "We didn't have the confidence that we could find people who understand our heritage."</p><h2>Ohio was pleased with Airstream's plan</h2><p class="source"><span>Airstream</span></p><p class="caption">The Airstream Basecamp.</p><p>That's a classic Bob Wheeler insight. Few business leaders find themselves in his unique position: steward of a beloved brand that has no desire to rest on its reputation, but is instead aiming for growth in the 21st century. The closest parallel might be Matt Levatich, CEO of Harley-Davidson, who is trying to keep an equally iconic American brand relevant by launching an all-electric motorcycle and expanding into markets outside the US.</p><p>Wheeler might have an easier job. Airstream hasn't yet fallen into President Donald Trump's sights, and it's products are made in America by Americans, for Americans.</p><p>"Ohio was very pleased that we decided to expand our footprint," he said, noting that the state kicked in some tax credits to help mitigate the cost of the new plant. In return, Ohio gets a stable workforce at Airstream, with employees making an average of $50,000 annually.</p><p>In Wheeler's world, however, wins share space with new challenges.</p><p>"When we drafted up the plan, the market was a lot hotter," he said of a period several years back.</p><p>According to Wheeler, that wasn't a disaster. "A step back is OK, as long as it's not a slide," he said. "A dramatic swing would be 20-to-25%. He added that dealer confidence is strong, suggesting that "everything is stacking up well" for 2020.</p><p>The results should be driven by Airstream's famous Silver Bullet trailers. But the company has introduced new products in recent years, some of which have shown promise - and some of which have introduced problems.</p><p>"Basecamp is right on track," Wheeler said of a new, small trailer marketed to younger customers who participate in an outdoor-adventure lifestyle. "We feel really good about that product."</p><h2>The challenges of Nest</h2><p class="source"><span>Airstream</span></p><p class="caption">The Airstream Nest.</p><p>But another small trailer, Nest, has "been more of a challenge," Wheeler said. Made from fiberglass, the design was acquired by Airstream before its originator had ever tried to sell it.</p><p>"It attracted enormous interest," Wheeler said. But at dealerships, it didn't meet the company's immediate expectations. Part of that was the construction. Wheeler explained that potential buyers thought it might be less expensive than aluminum, Airstream's traditional material. But it wasn't.</p><p>"We might move it to a different price point," Wheeler said, giving it a distinctive "story to tell," but pointing out that Nest is "every bit as functional and high-quality" as other Airstream trailers. The company underestimated the startup difficulties of the new product, however. "We had to make a lot of changes," Wheeler said.</p><p>Again, classic Wheeler. He oversaw the Nest deal, and he's taking responsibility for making it work. It's evidence of how Airstream's vision for its next century relies as much on pragmatism as it does on tradition.</p>            <h3>NOW WATCH: <a href="https://www.businessinsider.com/hydrogen-fuel-cell-cars-teslas-biggest-threat-2019-12">Why hydrogen cars will be Tesla's biggest threat</a></h3>

The CEO of American icon Airstream explains why the company decided to stay in Ohio and how it decided to build a new factory for 21st-century growth

<p><em><strong>Welcome to Finance Insider, Business Insider's summary of the top stories of the past 24 hours. Sign up <a href="http://e.businessinsider.com/join/ci/finance-insider-social-first&amp;hash=36afac95fa844948a9f363295d512fca" target="_blank" rel="noopener noreferrer">here to get the best of Business Insider delivered direct to your inbox</a>.</strong></em></p><p>The Federal Reserve is expected to raise its benchmark interest rate again on Wednesday. Here's what you need to know:</p><ul><li><a href="http://www.businessinsider.com/fed-december-meeting-focus-is-2018-path-of-rate-hikes-2017-12">Only one thing matters at Wednesday's Fed meeting</a></li><li><a href="http://www.businessinsider.com/fed-statement-meeting-preview-december-2017-12">Janet Yellen's farewell at the Fed has become more complicated</a></li><li><a href="http://www.businessinsider.com/how-the-fed-raises-interest-rates-2017-12">The Fed is about to raise interest rates again - here's how it happens and why it matters</a></li><li><a href="http://www.businessinsider.com/decline-of-unions-helps-fed-solve-low-inflation-puzzle-2017-12">The shrinking role of unions helps shed light on an economic trend that is puzzling Fed officials</a></li><li><a href="http://www.businessinsider.com/moneygame">Check back here for the latest news and analysis on the Fed's decision</a></li></ul><p>Elsewhere in D.C. news, Republicans have a final deal on their tax bill - <a href="http://www.businessinsider.com/trump-gop-tax-reform-bill-details-corporate-tax-rate-brackets-2017-12">here's what's in it</a>. And there's one more reason for <a href="http://www.businessinsider.com/alabama-senate-election-doug-jones-2018-reason-to-worry-2017-12">Republicans to be very nervous about the Senate in 2018</a>, according to Josh Barro. </p><p>Back on Wall Street, a top exec at <a href="http://www.businessinsider.com/a-top-exec-at-trading-giant-virtu-is-out-2017-12">trading giant Virtu is out. </a>The mysterious trader known as "50 Cent" has <a href="http://www.businessinsider.com/vix-volatility-trader-50-cent-lost-197-million-betting-on-market-meltdown-2017-12">lost $197 million betting on a stock market meltdown. </a>Robinhood is launching a <a href="http://www.businessinsider.com/robinhood-launching-free-options-trading-2017-12">free options trading product for its users</a>.</p><p>And here's what it takes to launch a hedge fund right now, <a href="http://www.businessinsider.com/how-to-launch-hedge-fund">according to the Wall Street pros who know</a></p><p>In markets news, the <a href="http://www.businessinsider.com/stock-market-news-financial-crisis-still-costing-investors-opportunities-2017-12">ghosts of the financial crisis</a> are costing investors a fortune. A wildly <a href="http://www.businessinsider.com/stock-market-news-dip-buying-strategy-hotter-than-ever-2017-12">popular stock market strategy is hotter than ever</a>.</p><p>In deal news, Target has a new <a href="http://www.businessinsider.com/target-buys-shipt-for-550-million-2017-12">$550 million weapon to defeat Walmart and Amazon</a>, and Saudi Aramco <a href="http://www.businessinsider.com/saudi-aramco-asks-banks-to-pitch-for-role-in-2-trillion-ipo-2017-12">has reportedly asked banks to pitch for a role in its IPO</a>.</p><p><a href="http://www.businessinsider.com/target-buys-shipt-for-550-million-2017-12"></a>And in tech news:<em><strong> </strong></em></p><ul><li><a href="http://www.businessinsider.com/apple-shazam-deal-sneak-attack-hit-spotify-where-it-hurts-2017-12">Apple's Shazam deal is a sneak attack to hit Spotify where it hurts</a></li><li><a href="http://markets.businessinsider.com/news/stocks/finisar-apple-stock-soars-after-apple-announces-390-million-investment-2017-12-1011253510">Finisar soars after Apple announces $390 million investment</a></li><li><a href="http://markets.businessinsider.com/currencies/news/nvidias-stock-bitcoin-crypto-boom-isnt-over-its-just-getting-started-2017-12-1011261424">RBC: Nvidia can't profit from bitcoin anymore - but the boost from cryptocurrencies is just getting started</a></li><li><a href="http://www.businessinsider.com/t-mobile-cable-tv-provider-acquires-layer3-tv-2017-12">T-Mobile is becoming a cable TV provider</a></li><li><a href="http://markets.businessinsider.com/news/stocks/goldman-sachs-4-big-tech-companies-will-own-65-of-the-cloud-market-2017-12-1011252407">GOLDMAN SACHS: 4 big tech companies will own 65% of the cloud market</a></li><li><a href="http://www.businessinsider.com/i-took-a-test-ride-in-aimotives-camera-based-autonomous-car-2017-12">A Hungarian startup thinks it has the key to cheaper self-driving cars - but a ride in its test car suggests it has a lot of work ahead</a></li><li><a href="http://www.businessinsider.com/facebook-messenger-boss-david-marcus-joins-coinbase-board-of-directors-2017-12">As bitcoin skyrockets, a top Facebook exec is joining the board of Coinbase, the cryptocurrency exchange</a></li><li><a href="http://www.businessinsider.com/r-tezos-board-member-resigns-fueling-turmoil-at-cryptocurrency-startup-2017-12">A board member has resigned at Tezos, the tumultuous cryptocurrency startup that raised $232 million</a></li></ul><p>Lastly, we drove a $73,000 Cadillac <a href="http://www.businessinsider.com/cadillac-xts-v-sport-review-pictures-2017-12">XTS V-Sport and completely fell for its retro charm and secret power</a>.</p>    <div class="margin-top">        <h3>NOW WATCH: <a href="http://www.businessinsider.com/bitcoin-cryptocurrency-value-digitization-of-everything-lex-sokolin-2017-11">Cryptocurrency is the next step in the digitization of everything - 'It's sort of inevitable'</a></h3>        <div>                    </div>    </div>

What you need to know on Wall Street today

<p><em><span style="font-weight: 400;"><a href="http://www.businessinsider.com/insiderpicks" target="_blank" rel="noopener">Insider Picks</a> writes about products and services to help you navigate when shopping online. Insider Inc. receives a commission from our affiliate partners when you buy through our links, but our reporting and recommendations are always independent and objective.</span></em></p><p><span style="font-weight: 400;">Since you don't have all day to scour the web for noteworthy sales and discounts, we rounded up the best bargains for you to shop in one convenient place. <span>For even more deals and savings across the web, check out our </span><a href="https://coupons.businessinsider.com/" target="_blank" rel="noopener">coupons page</a><span>.</span></span></p><p><a href="http://www.anrdoezrs.net/links/6415797/type/dlg/sid/1551882880738asfa7vndf/https://store.nike.com/us/en_us/pw/clearance/47?ipp=120" target="_blank" rel="noopener"><span style="font-weight: 400;"><span><div class="KonaFilter image-container display-table"><div><div class="image on-image"><p class="source"><span>Nike</span></p></div><p></p></div></div></span></span></a></p><h2>1.<span> </span><a href="http://www.anrdoezrs.net/links/6415797/type/dlg/sid/1551882880738asfa7vndf/https://store.nike.com/us/en_us/pw/clearance/47?ipp=120" target="_blank" rel="noopener">Save an extra 20% on all sale styles at Nike</a></h2><p>For the past five days, Nike has been running an major promotion on previously reduced sale styles - and today is the last day to save. Until 11:59 p.m. EST, you can save an extra 20% on sale styles for men, women, and kids by using the promo code "<strong>SAVE20</strong>" at checkout. Whether you're looking for a popular running sneaker like the Nike Air VaporMax, retro Air Jordans, or new activewear, you'll find it here. There's not much time left, so you might want to start shopping now. For more deals and<span> </span><a href="https://coupons.businessinsider.com/nike" target="_blank" rel="noopener">promotions at Nike, check out Business Insider Coupons here</a>.</p><h3><a href="http://www.anrdoezrs.net/links/6415797/type/dlg/sid/1551882880738a05rpgl6a/https://store.nike.com/us/en_us/pw/clearance/47?ipp=120" target="_blank" rel="noopener">Shop the Nike sale now</a>.</h3><p><div class="KonaFilter image-container display-table"><div><div class="image on-image"><a href="http://www.pntrac.com/t/TUJGRk1OR0JGSEhLR01CRktOSEVG?url=https%3A%2F%2Fnaadam.co%2F&amp;sid=1551886763640a36ro2z35" target="_blank" rel="noopener"></a><p class="source"><span>Naadam</span></p></div><p></p></div></div></p><h2>2.<span> <a href="http://www.pntrac.com/t/TUJGRk1OR0JGSEhLR01CRktOSEVG?url=https%3A%2F%2Fnaadam.co%2F&amp;sid=1551886763640a36ro2z35" target="_blank" rel="noopener">Save up to 40% on winter styles at Naadam</a></span></h2><p>Naadam is a new apparel company that specializes in sustainably sourced and ethically made cashmere goods. <a href="https://www.businessinsider.com/naadam-cashmere-sweater-review-2018-10" target="_blank" rel="noopener">We reviewed the brand's sweaters</a>, and found them to be a good buy at full price, but right now you'll find them heavily discounted. You can save up to 40% during the end of season sale, which includes cashmere sweaters, turtlenecks, hats, scarves, socks, and more. </p><h3><a href="http://www.pntrac.com/t/TUJGRk1OR0JGSEhLR01CRktOSEVG?url=https%3A%2F%2Fnaadam.co%2F&amp;sid=1551886763640a36ro2z35" target="_blank" rel="noopener">Shop the Naadam sale now</a>.</h3><p><div class="KonaFilter image-container display-table"><div><div class="image on-image"><a href="https://amzn.to/2XBvtf3" target="_blank" rel="noopener"></a><p class="source"><span>Moen</span></p></div><p></p></div></div></p><h2>3. <a href="https://amzn.to/2XBvtf3" target="_blank" rel="noopener">Save up to 61% on select Moen faucets</a></h2><p>Updating your sink with a new faucet can modernize the overall look of your kitchen and add some convenient features. Many of Moen's faucets include motion sensor technology for touchless use and a reflex faucet head for spraying hard-to-reach areas while cleaning. Rather than paying full-price at a home improvement store, you can save up to 61% on select Moen faucets on Amazon. </p><h3><a href="https://amzn.to/2XBvtf3" target="_blank" rel="noopener">Shop the Moen sale on Amazon now</a>.</h3><p><div class="KonaFilter image-container display-table"><div><div class="image on-image"><a href="https://click.linksynergy.com/deeplink?id=EHFxW6yx8Uo&amp;mid=38606&amp;murl=https%3A%2F%2Fwww.bestbuy.com%2Fsite%2Fdell-inspiron-15-6-4k-ultra-hd-touch-screen-laptop-intel-core-i7-16gb-memory-nvidia-geforce-940mx-512gb-ssd-platinum-silver%2F6232001.p%3FskuId%3D6232001" target="_blank" rel="noopener"></a><p class="source"><span>Best Buy</span></p></div><p></p></div></div></p><h2>4. <a href="https://click.linksynergy.com/deeplink?id=EHFxW6yx8Uo&amp;mid=38606&amp;murl=https%3A%2F%2Fwww.bestbuy.com%2Fsite%2Fdell-inspiron-15-6-4k-ultra-hd-touch-screen-laptop-intel-core-i7-16gb-memory-nvidia-geforce-940mx-512gb-ssd-platinum-silver%2F6232001.p%3FskuId%3D6232001" target="_blank" rel="noopener">Save $400 on the Dell Inspiron 4K UHD Touch-Screen Laptop at Best Buy</a></h2><p>The new Dell Inspiron Laptop features a 15.6-inch 4K Ultra HD touch screen display, an Intel Core i7 processor, 16GB of memory, and 512GB of storage space. Compared to <a href="https://click.linksynergy.com/deeplink?id=EHFxW6yx8Uo&amp;mid=38606&amp;murl=https%3A%2F%2Fwww.bestbuy.com%2Fsite%2Fapple-macbook-pro-15-display-with-touch-bar-intel-core-i7-16gb-memory-amd-radeon-pro-560x-512gb-ssd-latest-model-silver%2F5998601.p%3FskuId%3D5998601" target="_blank" rel="noopener">a new 15-inch MacBook Pro with similar internals</a> for $2,800, the Dell Inspiron is an amazing deal at its full price of $1,449.99, but today only, it's even cheaper. As a Best Buy Deal of the Day, you can buy one for $400 off. For more deals and <a href="https://coupons.businessinsider.com/best-buy" target="_blank" rel="noopener">savings at Best Buy, see all available promotions at Business Insider Coupons</a>.</p><h3><a href="https://click.linksynergy.com/deeplink?id=EHFxW6yx8Uo&amp;mid=38606&amp;murl=https%3A%2F%2Fwww.bestbuy.com%2Fsite%2Fdell-inspiron-15-6-4k-ultra-hd-touch-screen-laptop-intel-core-i7-16gb-memory-nvidia-geforce-940mx-512gb-ssd-platinum-silver%2F6232001.p%3FskuId%3D6232001" target="_blank" rel="noopener">Dell Inspiron 15-inch 4K UHD Touch-Screen Laptop, $1,049.99 (Originally $1,449.99) </a>[You save $400]</h3><p><div class="KonaFilter image-container display-table"><div><div class="image on-image"><a href="http://shareasale.com/r.cfm?b=999&amp;u=1088116&amp;m=11035&amp;urllink=www.wayfair.com%2F" target="_blank" rel="noopener"></a><p class="source"><span>Wayfair</span></p></div><p></p></div></div></p><h2>5. <a href="http://shareasale.com/r.cfm?b=999&amp;u=1088116&amp;m=11035&amp;urllink=www.wayfair.com%2F" target="_blank" rel="noopener">Save up to 70% sitewide at Wayfair</a></h2><p>Instead of blowing your tax refund on frivolities, you might want to consider spending it on improving the value of your home. To help you get the most bang for your buck, Wayfair is having a huge tax refund sale.  Right now you can save up to 70% sitewide. With everything from furniture and decor to lighting fixtures and appliances, there's something for every part of your home. For more deals and <a href="https://coupons.businessinsider.com/wayfair" target="_blank" rel="noopener">promotions at Wayfair, check out Business Insider Coupons here</a>.</p><h3><a href="http://shareasale.com/r.cfm?b=999&amp;u=1088116&amp;m=11035&amp;urllink=www.wayfair.com%2F" target="_blank" rel="noopener">Shop the Wayfair sale now</a>. </h3><p><div class="KonaFilter image-container display-table"><div><div class="image on-image"><a href="https://click.linksynergy.com/deeplink?id=EHFxW6yx8Uo&amp;mid=38138&amp;murl=https%3A%2F%2Fwww.birchbox.com%2Fsubscribe%2Fmen" target="_blank" rel="noopener"></a><p class="source"><span>BirchBoxMan</span></p></div><p></p></div></div></p><h2>6. <a href="https://click.linksynergy.com/deeplink?id=EHFxW6yx8Uo&amp;mid=38138&amp;murl=https%3A%2F%2Fwww.birchbox.com%2Fsubscribe%2Fmen" target="_blank" rel="noopener">G<span>et a free Harry's Grooming Starter Pack when you sign up for a 6-month BirchBoxMan subscription</span></a></h2><p><span>BirchBoxMan is a subscription box that allows men to learn about and try new grooming products without spending a fortune on full-size products. Right now, you can get a free Harry's Grooming Starter Pack, including a full-size face wash, shave cream, and moisturizer, when you sign up for a six-month BirchBoxMan subscription. Simply use the promo code "<strong>HARRYUP</strong>" at checkout to receive the promotion. For more deals and <a href="https://coupons.businessinsider.com/birchbox" target="_blank" rel="noopener">savings at BirchBox, visit Business Insider Coupons here</a>. </span></p><h3><span><a href="https://click.linksynergy.com/deeplink?id=EHFxW6yx8Uo&amp;mid=38138&amp;murl=https%3A%2F%2Fwww.birchbox.com%2Fsubscribe%2Fmen" target="_blank" rel="noopener">Sign up for a BirchBoxMan subscription now</a>.</span></h3><p><a href="http://levis.sjv.io/c/196318/366459/5398?u=https%3A%2F%2Fwww.levi.com%2FUS%2Fen_US%2F" target="_blank" rel="noopener"><span><div class="KonaFilter image-container display-table"><div><div class="image on-image"><p class="source"><span>Levi's</span></p></div><p></p></div></div></span></a></p><h2><span>7. <a href="http://levis.sjv.io/c/196318/366459/5398?u=https%3A%2F%2Fwww.levi.com%2FUS%2Fen_US%2F" target="_blank" rel="noopener">Save an extra 30% on sale styles at Levi's</a> </span></h2><p><span>If you're in the market for new jeans and denim, you can't go wrong with Levi's. Now until March 7, you can save an extra 30% on sale styles by using the promo code "<strong>HURRY30</strong>" at checkout. For more deals and <a href="https://coupons.businessinsider.com/levis" target="_blank" rel="noopener">promotions at Levi's, check out Business Insider Coupons here</a>.</span></p><h3><span><a href="http://levis.sjv.io/c/196318/366459/5398?u=https%3A%2F%2Fwww.levi.com%2FUS%2Fen_US%2F" target="_blank" rel="noopener">Shop the Levi's sale now</a>.</span></h3><p><a href="http://leesa-sleep.evyy.net/c/196318/236769/4014?u=https%3A%2F%2Fwww.leesa.com%2Fpages%2Fgift-guide&amp;subid2=1551886763640a0mfcc5lz" target="_blank" rel="noopener"><span><div class="KonaFilter image-container display-table"><div><div class="image on-image"><p class="source"><span>Leesa</span></p></div><p></p></div></div></span></a></p><h2>8.<span> </span><a href="http://leesa-sleep.evyy.net/c/196318/236769/4014?u=https%3A%2F%2Fwww.leesa.com%2Fpages%2Fgift-guide&amp;subid2=1551886763640a0mfcc5lz" target="_blank" rel="noopener">Save up to $240 on a Leesa mattress</a></h2><p>As<span> </span><a href="https://www.businessinsider.com/best-mattress#the-best-mattress-overall-1" target="_blank" rel="noopener">the best overall mattress</a><span> </span>we've tested, the Leesa Sapira Hybrid Mattress provides unmatched comfort by using a combination of memory foam and springs - and today, you can automatically save $240 on one. In addition to deals on mattresses, Leesa is also marking down its sheets, pillows, and blankets up to 30% off. If buying a mattress online worries you (even with the many great reviews), you'll be able to try it out yourself worry-free. Leesa provides a 100-night sleep trial with free returns and shipping if you're unsatisfied.</p><h3><a href="http://leesa-sleep.evyy.net/c/196318/236769/4014?u=https%3A%2F%2Fwww.leesa.com%2Fpages%2Fgift-guide&amp;subid2=1551886763640a2l3uu0ri" target="_blank" rel="noopener">Shop the Leesa Sleep sale now</a>.</h3><p class="tagline"><a href="http://e.businessinsider.com/join/ci/insider-picks">Subscribe to our newsletter.</a><br><br>Find all the best offers at our <a href="https://coupons.businessinsider.com/">Coupons page</a>.<br><br>Disclosure: This post is brought to you by the <a href="http://www.businessinsider.com/insiderpicks">Insider Picks</a> team. We highlight products and services you might find interesting. If you buy them, we get a small share of the revenue from the sale from our commerce partners. We frequently receive products free of charge from manufacturers to test. This does not drive our decision as to whether or not a product is featured or recommended. We operate independently from our advertising sales team. We welcome your feedback. Email us at insiderpicks@businessinsider.com.</br></br></br></br></p>

Save an extra 20% on sale styles during the last day of Nike's clearance sale - and more of today's best deals from around the web

<a href="http://www.businessinsider.in/searchresult.cms?query=RBI+Governor+Raghuram+Rajan+">RBI Governor Raghuram Rajan</a> has shared a piece of advice to make India more investor friendly. He said there is a need to make <keyword id="6383566" type="PERSON" weightage="100" keywordseo="Taxation">taxation</keyword> system more transparent so that the <keyword id="6356076" type="UNKNOWN" weightage="100" keywordseo="indian-economy">Indian economy</keyword> is able to attract stable inflow of <keyword id="136566" type="UNKNOWN" weightage="80" keywordseo="foreign-capital">foreign capital</keyword> for growth.<br />
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Saying there is a need for more optimal use of the monetary policy tools globally as the world is increasingly staring at deflation, the RBI chief has called for more coordination between leading central banks.<br />
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Speaking at a seminar organized in Mumbai by 'Gateway House', a private think-tank on foreign policy, he stressed on making taxation more transparent, more predictable. “Let's do all the things necessary to allow our businesses to create what is needed," he added.<br />
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Over the weekend, <a href="http://www.businessinsider.in/searchresult.cms?query=Finance+Minister+Arun+Jaitley+">Finance Minister Arun Jaitley</a> had also stressed on the need for friendly tax regime. He has promised to bring down corporate tax rate to 25% over the next four years, beginning next fiscal, in a gradual manner from 34% at present.<br />
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The RBI chief pointed said easy and predictable taxation system is the key to achieve the goal of 'Make in India' plan of the government adding, "Let's make in India, but for that we need to create the framework, let's make the business easier."<br />
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He mentioned that the government is "fighting multiple cases in various higher courts and at international arbitration fora filed by a clutch of global corporations like <a href="http://www.businessinsider.in/searchresult.cms?query=Vodafone+">Vodafone</a> against its retro tax laws".<br />
<br />
Rajan's comments, including those on need for greater coordination by central banks, come amid fears of hard-landing of the <a href="http://www.businessinsider.in/searchresult.cms?query=Chinese+economy">Chinese economy</a>, the fastest growing until recently. Besides, the euro-zone is yet to come out of the slump that began in 2008 and after a few years of revival the US economy starting again slowing in recent quarters.<br />
<br /> China today reported slowest growth since 2008 with a <keyword id="35050" type="CITY" weightage="80" keywordseo="gdp">GDP</keyword> of 6.9% for the July-September quarter.<br />
<br /> Domestically, as prices of certain food items are on fire which led to spike in September's Consumer Price Index based <keyword id="22195" type="COMPANY" weightage="100" keywordseo="Inflation">inflation</keyword>, Rajan called for more supply side measures to temper demand and prices.<br />
<br />
Inflation based on Wholesale Price Index has been in the negative zone for 11 months in a row, although items like pulses and onion continued to sting.<br />
<br />
"There is a need to ensure that more underlying supply side issues are resolved so that demand side is taken care of and prices are under manageable levels," he said.<br />
<br />
(Image: Reuters)<br />
<br />
<br />

Raghuram Rajan just pointed out the one big dampner that’s keeping foreign investors away from India!

<ul class="summary-list"><li>The 2020 <keyword id="1531711" type="PERSON" weightage="60" keywordseo="R8">R8</keyword> is <keyword id="6363321" type="ORGANIZATION" weightage="60" keywordseo="audi">Audi</keyword>'s halo car, with a naturally aspirated V10 positioned between its two axles.</li><li>There are currently two versions of the R8 available: the V10 Quattro and the more powerful V10 Performance Quattro.</li><li>My loaner was the more powerful version, starting at $195,900. Fees and extra options brought it up to $208,245.</li></ul><p>If it feels like the <keyword id="529178" type="PERSON" weightage="60" keywordseo="Audi-R8">Audi R8</keyword> has been around for a while, it's because it has. Why fix what isn't broken, right?</p><p>The <keyword id="10451261" type="UNKNOWN" weightage="60" keywordseo="2020-audi-r8">2020 Audi R8</keyword> V10 Performance Coupe Quattro is Audi's halo car: a sleek mid-engined, two-seater coupe with all-wheel drive and a naturally aspirated V10 nestled between its axles. Compared to Mercedes-AMG, which only sports a front-engined coupe as a halo, and BMW, which has no halo at all, the Audi stands out.</p><div type="image" title="2020 Audi R8 V10 Performance Coupe Quattro_KL_18" height="1667" width="2500" msid="79782845" hostid="261"></div>But there's no denying the R8's age. The first model appeared in <a href="https://www.autoblog.com/2006/09/27/paris-motor-show-say-hello-to-the-audi-r8/">2006 at the Paris Motor Show</a> and its basic principles have largely remained the same.<p>In the year of our Lord 2020, the R8's power and speed are perennially good. But they come at a cost that feels steeper today than ever before.</p><h2><strong>The 2020 R8: A brief history</strong></h2><div type="image" title="audi_r8_2007_wallpapers_7" height="1536" width="2048" msid="79782847" hostid="261"></div>When it originally debuted, the R8 was aimed directly at the Porsche 911. The move was controversial - first of all, who goes after <em>Porsche? </em>And second, up until that point, Audi was busy making executive, Autobahn-cruising sedans and station wagons. What business did a company like that have dabbling in mid-ship, two-seater sports cars?<p>But as it turned out, the first-generation R8 - with a 4.2-liter naturally aspirated V8 - was glorious. Earlier models even offered <a href="https://www.wired.com/2015/04/weird-shifter-made-audis-r8-sports-car-legend/">a wondrous gated manual transmission shifter</a>. With its rear-biased all-wheel<strong>-</strong>drive system and comfortable ride, the R8 catapulted straight up the list of practical <keyword id="575565" type="ORGANIZATION" weightage="60" keywordseo="supercars">supercars</keyword> good for everyday use. </p><div type="image" title="audi r8 manual gated" height="1067" width="1600" msid="79782850" hostid="261"></div><p>The R8's clout further increased when videos <a href="https://www.youtube.com/watch?v=q9vTnh_mif8">popped up on YouTube</a> of owners taking their R8s out in snowstorms that would have all but stranded a Ferrari. Fitted with proper winter tires, R8s were shown tanking around in weather only snowplows would dare venture out in.</p><p>A 5.2-liter V10 engine, sourced from the Lamborghini LP560-4, was added to the lineup later on <a href="https://www.automobilemag.com/news/audi-r8-history-generations-specifications-photos/#:~:text=The%20Audi%20R8%20Goes%20V,from%20the%20S6%20and%20S8.">in 2009</a>. It has since stuck around.</p><div type="image" title="2020 Audi R8 V10 Performance Coupe Quattro_KL_71" height="1666" width="2500" msid="79782853" hostid="261"></div>In 2015, Audi launched the R8's current and second generation, which uses a lot of the same hardware as the Lamborghini Huracán. A 2019 facelift raised the base model's horsepower slightly and renamed the range-topping model the "R8 V10 Performance Coupe Quattro," which is where we find ourselves.<p>Today, you cannot buy a new V8-powered R8. You cannot buy a new R8 with a manual transmission. Today's R8 comes exclusively with 10 cylinders and an automatic.</p><h2><strong>Details and safety ratings: More than 100 horsepower per liter</strong></h2><div type="image" title="2020 Audi R8 V10 Performance Coupe Quattro_KL_63" height="3750" width="2500" msid="79782856" hostid="261"></div>Wide and low-slung, the 2020 R8 is blessed with classical supercar proportions and good looks. It's powered by a 5.2-liter, naturally aspirated V10 engine - meaning that it has no supercharger or turbochargers to help it make additional power. The R8 and the Huracán that it shares its engine with are the only two V10-powered cars you can buy new today.<p>In Performance Coupe Quattro tune, that engine <a href="https://media.audiusa.com/en-us/models/r8-coupe">makes a claimed</a> 602 horsepower and 413 pound-feet of torque. The power's sent to all four wheels via a seven-speed dual-clutch automatic transmission. Audi estimates a 0-to-60 mph sprint to happen in just 3.2 seconds and a top speed of 205 mph.</p><div type="image" title="2020 Audi R8 V10 Performance Coupe Quattro_KL_64" height="3750" width="2500" msid="79782862" hostid="261"></div>Other standard equipment includes sport suspension, 20-inch wheels, ceramic brake discs, and carbon fiber trim on the engine compartment, mirrors, door sills, rear spoiler, and the iconic sideblades.<p>The car's curb weight comes to 3,638 pounds. </p><p>The EPA estimates the R8 to return 13 mpg in the city, 20 mpg on the highway, and 16 mpg combined. It gave the car a score of two out of 10 on its fuel economy and tailpipe greenhouse gas rating. On the agency's tailpipe smog rating, the R8 scored a one out of 10. </p><div type="image" title="2020 Audi R8 V10 Performance Coupe Quattro_KL_39" height="1667" width="2500" msid="79782863" hostid="261"></div>As it is the case with most other supercars, the Audi R8 has not been rated for crashworthiness by the National Highway Traffic Safety Administration or the Insurance Institute for Highway Safety.<h2><strong>What stands out: Instant gratification</strong></h2><p>If driving was a theater production, then being behind the wheel of the R8 V10 Performance is like sitting in the front row of a thunderous drama. </p><div type="image" title="2020 Audi R8 V10 Performance Coupe Quattro_KL_60" height="3750" width="2500" msid="79782864" hostid="261"></div>Everything - from the howl of the V10, the ferocious power, to the tight and precise steering - is an assault on the senses. Though the R8's stats are similar to those of the <a href="https://www.businessinsider.com/mclaren-gt-supercar-review-price-specs-info-photos-competitors-2020-11">McLaren GT</a>'s, the Audi just <em>feels</em> so much faster and more exciting. More alive. More eager. Far more dramatic.<p>The power delivery also feels far more immediate and direct: You lean on the accelerator, the dual-clutch snaps down a couple of gears faster than you can think, and you rocket forward without having to wait for the turbochargers to spool up. In terms of instant gratification, big-displacement and naturally aspirated engines just can't be beat.</p><div type="image" title="2020 Audi R8 V10 Performance Coupe Quattro_KL_70" height="1667" width="2500" msid="79782866" hostid="261"></div>And the R8's <a href="https://www.autoblog.com/2019/11/04/2020-audi-r8-coupe-spyder-review/">8,700-rpm</a> shrieker of a redline lets that <a href="https://www.youtube.com/watch?v=Wg2ivxa0sj0">V10 sing across all octaves</a>. Perhaps this is also why the R8 feels so fast: It is so effing loud. On start up, it lets loose with sharp bark that startles passersby. Its <a href="https://www.youtube.com/watch?v=VloEagry010">trebly idle</a> is expectant, a raspy purr of something tightly coiled and ready to pounce.<p>But get into the R8 and you'll immediately notice how airy the cabin is. There's no massive screen taking up the center console and blocking your forward visibility. Instead, the car's functions are controlled via the 12.3-inch driver instrument display. Your passenger cannot access screen inputs, but they also aren't isolated from you like they are in the <a href="https://www.businessinsider.com/chevrolet-corvette-mid-engine-review-c8-horsepower-price-specs-chevy-2020-10">C8 Corvette</a>. Overall, the R8's cabin conveys room to breathe.</p><div type="image" title="2020 Audi R8 V10 Performance Coupe Quattro_KL_67" height="1667" width="2500" msid="79782867" hostid="261"></div>There's even a handy little parcel shelf behind the seats, but be mindful of loose items you put there. As soon as you hit the brakes hard, your stuff could go flying.<h2><strong>What falls short: Climate guilt</strong></h2><p>As fast and clever as the R8's dual-clutch auto is for brisk driving, it doesn't love regular commuting quite as much. Slow deceleration for stop signs and red lights is met with hiccuping downshifts. </p><div type="image" title="2020 Audi R8 V10 Performance Coupe Quattro_KL_45" height="1667" width="2500" msid="79782870" hostid="261"></div>And the sport-tuned suspension, which revels in providing a flat, lean-free ride in fast corners, doesn't offer a softer setting for when you <em>don't</em> want your teeth rattling inside your head every time you hit a bump. The ride quality feels deliberately tuned to be on the harder side - because apparently this is what articulates "sportiness" - but these old bones (I'm 28) wished for something more forgiving. <p>And I couldn't look away from two glaring aspects of the R8: its fuel economy and tailpipe emissions. Getting 13 mpg in the city in 2020 is <em>not</em> good. Getting a rating of <em>one</em> on the EPA's tailpipe smog rating is worse! I couldn't shake the dreadful feeling that every time I accelerated in the R8, a litter of otter pups suffocated to death.   </p><div type="image" title="2020 Audi R8 V10 Performance Coupe Quattro_KL_52" height="1667" width="2500" msid="79782916" hostid="261"></div>This posed a huge problem for me, because even though V10s are my favorite engine configurations of all time, I've come to the realization that my climate guilt is now too strong for me to enjoy these things as much as I used to. <h2><strong>Against competitors? Ten (10) reasons to stick with the Audi</strong></h2><p>I love the R8's retro, screenless interior, but buyers might not look at it as favorably when compared against the R8's other, more modern competitors. </p><div type="image" title="2020 Audi R8 V10 Performance Coupe Quattro_KL_65" height="1667" width="2500" msid="79782917" hostid="261"></div>You can count the Acura NSX, Aston Martin DB11, Mercedes-AMG GT R Coupe, Porsche 911 Turbo S, and McLaren GT among the R8 Performance's competition. With a starting price of $195,900 and comparable stats, the Audi is positioned right in the thick of them all. <p>After options such as the Ascari Blue metallic exterior paint ($595), sport seat package with diamond stitching ($5,000), Bang and Olufsen sound system ($1,900), dynamic steering ($1,400), and the gas guzzler tax ($1,700), my loaner came out to a grand total of $208,245 MSRP.</p><div type="image" title="2020 Audi R8 V10 Performance Coupe Quattro_KL_58" height="3749" width="2500" msid="79782923" hostid="261"></div>The R8 is the only one with the naturally aspirated V10, though.<h2><strong>Our impressions: Old guard</strong></h2><p>It is clear that the V10 Performance Coupe Quattro is the top-tier R8. More expensive, faster, more powerful, and lighter than the regular (lol) V10 Coupe Quattro, it's like someone took the base model and poked it with a barbed stick.</p><div type="image" title="2020 Audi R8 V10 Performance Coupe Quattro_KL_22" height="1667" width="2500" msid="79782928" hostid="261"></div>I'm not altogether convinced the Performance version is the one you want to live with, though. It's the one to take to the track, for sure, but its non-adjustable suspension, sensitive brakes, and sheer power make it difficult to justify in normal, day-to-day settings. <p>Merely driving around my neighborhood and taking it on the highway a few times felt like doing the car a disservice. The Performance R8 has far too much, too good go-fast hardware to waste on the streets of suburbia.</p><div type="image" title="2020 Audi R8 V10 Performance Coupe Quattro_KL_53" height="3750" width="2500" msid="79782929" hostid="261"></div>Still, I enjoyed my time in it. Crippling climate guilt aside, the R8 is objectively a wonderful, sheer force of a thing and that'll certainly age gracefully in the coming years. First-gen R8s already have. <p>Audi took a risk with the R8 and it paid off, allowing Audi to ride the R8 wave ever since. The current car is just sort of stuck in the past decade.</p><div type="image" title="2020 Audi R8 V10 Performance Coupe Quattro_KL_30" height="3750" width="2500" msid="79782930" hostid="261"></div>Whereas its competition has advanced, incorporating forced induction and hybridization all in the name of efficiency, the R8 still stubbornly resides in the year 2009 - where stuffing a V10 into a car was far more common. In those days, if you wanted 10 cylinders, you had the BMW M5 and M6, Audi S8, Dodge Viper, and Lexus LFA to choose from.<p>As the years went on and these cars were all either discontinued or downsized, the R8 and Huracán persevered. Their V10s are gifts of epic noise and addicting linear power delivery. Paired with stellar handling, driving the R8 feels so much rawer and more visceral than driving most other modern supercars. </p><div type="image" title="2020 Audi R8 V10 Performance Coupe Quattro_KL_10" height="1666" width="2500" msid="79782934" hostid="261"></div>Turbochargers <em>are</em> more efficient, but they also button up an engine. Muffle it. Sometimes it takes driving something archaic to remind you of that.<p>I don't know how much longer cars like the R8 will stick around, what with tightening emissions regulations. But - as the last of the old guard - it'll be remembered when it goes. </p><p style="text-align: center;">♦♦♦</p><div type="image" title="2020 Audi R8 V10 Performance Coupe Quattro_KL_68" height="3750" width="2500" msid="79782936" hostid="261"></div><div type="image" title="2020 Audi R8 V10 Performance Coupe Quattro_KL_57" height="1667" width="2500" msid="79782939" hostid="261"></div><div type="image" title="2020 Audi R8 V10 Performance Coupe Quattro_KL_69" height="1667" width="2500" msid="79782943" hostid="261"></div><div type="image" title="2020 Audi R8 V10 Performance Coupe Quattro_KL_50" height="1667" width="2500" msid="79782946" hostid="261"></div><div type="image" title="2020 Audi R8 V10 Performance Coupe Quattro_KL_72" height="1667" width="2500" msid="79782950" hostid="261"></div><div type="image" title="2020 Audi R8 V10 Performance Coupe Quattro_KL_62" height="3750" width="2500" msid="79782955" hostid="261"></div><div type="image" title="2020 Audi R8 V10 Performance Coupe Quattro_KL_61" height="3750" width="2500" msid="79782960" hostid="261"></div><div type="image" title="2020 Audi R8 V10 Performance Coupe Quattro_KL_56" height="1667" width="2500" msid="79782965" hostid="261"></div><div type="image" title="2020 Audi R8 V10 Performance Coupe Quattro_KL_51" height="1667" width="2500" msid="79782967" hostid="261"></div><div type="image" title="2020 Audi R8 V10 Performance Coupe Quattro_KL_47" height="1666" width="2500" msid="79782968" hostid="261"></div><div type="image" title="2020 Audi R8 V10 Performance Coupe Quattro_KL_48" height="3750" width="2500" msid="79782970" hostid="261"></div><div type="image" title="2020 Audi R8 V10 Performance Coupe Quattro_KL_35" height="1667" width="2500" msid="79782973" hostid="261"></div><div type="image" title="2020 Audi R8 V10 Performance Coupe Quattro_KL_32" height="1667" width="2500" msid="79782974" hostid="261"></div><div type="image" title="2020 Audi R8 V10 Performance Coupe Quattro_KL_25" height="1667" width="2500" msid="79782976" hostid="261"></div><div type="image" title="2020 Audi R8 V10 Performance Coupe Quattro_KL_28" height="3750" width="2500" msid="79782979" hostid="261"></div><div type="image" title="2020 Audi R8 V10 Performance Coupe Quattro_KL_11" height="1667" width="2500" msid="79782981" hostid="261"></div><div type="image" title="2020 Audi R8 V10 Performance Coupe Quattro_KL_16" height="1666" width="2500" msid="79782985" hostid="261"></div><div type="image" title="2020 Audi R8 V10 Performance Coupe Quattro_KL_3" height="1667" width="2500" msid="79782986" hostid="261"></div><div type="image" title="2020 Audi R8 V10 Performance Coupe Quattro_KL_8" height="1666" width="2500" msid="79782987" hostid="261"></div><div type="image" title="2020 Audi R8 V10 Performance Coupe Quattro_KL_5" height="1667" width="2500" msid="79782988" hostid="261"></div>

You Searched For "retro tax" and got 5 results

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Raghuram Rajan just pointed out the one big dampner that’s keeping foreign investors away from India!

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REVIEW: The $208,000 Audi R8 Performance is a relic of supercars long gone, and that's what makes it special

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