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Top Stories
GM Announces $500M Investment for Small Car
Ford EcoBoost: Small to Mighty
GM to Open Formal Talks for Hummer Sale
Have a Clunker? Government Voucher Can Help Replace It
AYES Hosts the Industry's Automotive Instructors
Golden Image of Corn-based Ethanol Shows Some Erosion
NADA Update
Sign Up Today to Become a Green Checkup Dealer
Convention Registration is off to a Strong Start
NADA Insurance Announces New Plan for Retiring and Career-Changing Dealers
STAR Answers Dealers' Questions about Dealership Data Security
Lenovo PCs Power Beijing 2008 Olympic Games
Top Stories
GM Announces $500M Investment for Small Car

LORDSTOWN, Ohio -- General Motors Corp. said Thursday it will invest more than $500 million in the U.S. to build a new compact car that will compete in an era of high gasoline prices. Company Chairman and CEO Rick Wagoner announced the size of the investment Thursday at the Lordstown factory near Cleveland. GM announced in June that the Lordstown factory would be retooled to make the new Chevrolet Cruze compact. The Cruze will be launched in Europe and Asia next year. It will come to the U.S. in second half of 2010. The new car is expected to get around 45 miles per gallon on the highway. "Our goal is for the Chevrolet Cruze to lead in fuel economy in this very competitive car segment," Wagoner said in a statement.
Source:  Associated Press

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Ford EcoBoost: Small to Mighty

Automaker's president touts performance of new turbocharged and fuel-injected engines
"People think environmentally friendly cars are boring," says Ford Americas President Mark Fields. "Watch this." He punches the accelerator on a Lincoln MKS sedan equipped with a prototype of Ford's new EcoBoost engine. "This will put a smile on your face," Fields says. "But you get 20 percent better fuel economy with 15 percent less CO2. I call it the great taste, less filling school of powertrain technology." Ford Motor Co.'s EcoBoost system combines turbocharging and direct injection to provide better performance and higher gas mileage. The new engines will debut on the MKS next year and spread rapidly to the rest of Ford's lineup. The company plans to make EcoBoost available on 90 percent of its models by 2013 and expects to be selling 500,000 EcoBoost-equipped cars and trucks in North America alone within five years.
Source:  The Detroit News

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GM to Open Formal Talks for Hummer Sale

LORDSTOWN, Ohio -- General Motors Corp. has had initial expressions of interest from potential buyers of its Hummer brand and is preparing data and other materials to open formal talks, Chief Executive Rick Wagoner said Thursday. GM decided to consider selling its Hummer brand earlier this year when the demand for SUVs began to significantly recede under the weight of $4-a-gallon gasoline costs. One significant hurdle for GM is its relationships with Hummer dealers. Because of tough dealer-franchise laws and other agreements the auto maker has with dealers, it needs to negotiate closely with hundreds of individual store owners on the future steps it takes with the brand.
Source:  The Wall Street Journal (Subscription required.)

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Have a Clunker? Government Voucher Can Help Replace It

$21 Million Available to Replace High-Polluting Vehicles 
Back by popular demand, North Texans can once again apply for vouchers to replace or repair their old vehicles. In fact, $21 million in free money is available as part of the The AirCheckTexas Drive a Clean Machine Program, which aims at reduce air pollution in North Texas by removing pollution causing vehicles form the roads and helping drivers comply with vehicle emissions standards. Qualifying applicants are eligible to receive $3,000 toward the purchase of a newer car or truck and $3,500 toward the purchase of a hybrid vehicle from participating auto dealers. Vouchers worth up to $600 for emissions-related vehicle repairs will also be awarded.
Source:  MyFox Dallas

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AYES Hosts the Industry's Automotive Instructors

TROY, Mich. -- The 13th annual AYES Training Conference, the largest of its kind in the nation, was held on July 21 - 25 in Dearborn, Mich. Over 500 attendees, including AYES program instructors and administrators from AYES affiliated schools, attended training seminars throughout the week. Jim Press, vice chairman and president of Chrysler LLC and current chairman of AYES, ... urged the attendees to remain positive about the future of education and the automotive industry, citing the importance of the vision of AYES and its model and process. AYES is a partnership among participating automotive manufacturers, the National Automobile Dealers Association, Automotive Trade Association Executives, State Departments of Education and Labor, local dealerships and select high schools across the country. AYES' goal is to encourage quality students with a good mechanical aptitude to pursue careers in the fields of automotive technology and prepare them for entry-level positions in dealerships.
Source:  The Auto Channel

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Golden Image of Corn-based Ethanol Shows Some Erosion

Market changes and a growing chorus of concerns about ethanol make ... ethanol supporters question how long the good times will last. Industry supporters say opponents are overstating the impact of ethanol on food prices and ignoring other factors in driving up food costs — high oil prices and bad weather in exporting nations, for example. But they acknowledge that corn-based ethanol is not seen as the long-term solution to greater energy independence, but rather a transition to more efficient biofuels that may not benefit those farmers fueling current ethanol plants. They also acknowledge that the explosive growth of the ethanol sector has contributed to increasing volatility in grain markets and in farming generally. "This is a roller coaster," Gene Hugoson, commissioner of the Minnesota Department of Agriculture, says of the farm sector. "I'm not so sure we're going to have permanent winners."
Source:  USA TODAY

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NADA Update
Sign Up Today to Become a Green Checkup Dealer

NADA is urging its members to offer free Green Checkups at their dealerships during the month of September. The Green Checkup focuses on the things that have the greatest effect on fuel economy, such as oil and air filters, engine performance, tire pressure and emission controls. Participating dealers can refer to the Green Checkup Guidelines, which provide the estimated tech hours to perform a Green Checkup.

Already, more than 160 dealers in 36 states have signed up to become Green Checkup Dealers. (Click here to sign up to become a Green Checkup Dealer.) Dealers may decide to provide the Green Checkup along with inspections of child passenger safety seats that are also offered at many dealerships in September. “While customers wait in line to have their child safety seats inspected, we will offer them the option of having the Green Checkup,” says Annette Sykora, NADA chairman.

Although NADA is promoting Green Checkup Month in September, the program is designed for dealers to offer checkups as part of their routine service year-round.

To help dealers raise public awareness of how the auto industry is increasing fuel economy through innovation and new technologies, NADA created the Toolkit “A New Car is a Green Car.” The toolkit is designed to highlight how easy it is to be green. It includes tips on hosting green driving events, participating in the Green Checkup program and case studies that offer “greenprints” for success.

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Convention Registration is off to a Strong Start

 

Registration for the 2009 NADA Convention & Exposition in New Orleans January 24-27 is open. Registration fees and hotel rates have remained unchanged, and discounted airfare is available. More than 700 exhibitors, 150 dealer workshops, a heavy-weight lineup of speakers and an additional half-day of workshops, including "Lifeline to Profit$" (offered both Friday and Tuesday) are slated for the convention. Since Hurricane Katrina, more than $1 billion has been invested in hotel renovations. More than 900 restaurants are open in the city today than before Katrina, and the French Quarter is cleaner than ever. "The heart and the core of New Orleans ... looks better than it did before the storm," said Stephen Perry, president and CEO, New Orleans Convention and Visitors Bureau. Hotels rooms are selling out fast. Be sure to take a moment now to register by clicking here.

 Click here to see just how much progress New Orleans has made since Katrina.

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NADA Insurance Announces New Plan for Retiring and Career-Changing Dealers

NADA Insurance is offering a new, two-year continuation of NADA's Dealer Life Insurance plan for members who are either retiring or transitioning out of the retail-automotive industry. "In the spirit of supporting dealers who have been loyal clients of NADA's insurance programs over the years, this new program is available to them once they are no longer NADA members," says Lin Peacock, vice president of NADA Insurance. The plan is available to members who have been NADA Insurance clients for a minimum of five years. The current policy and premiums remain the same. No additional applications or underwriting are necessary. To learn more about this new enhancement to the NADA Dealer Life Insurance plan, call NADA Insurance at (888) 461-6232.

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STAR Answers Dealers' Questions about Dealership Data Security

 

Standards for Technology in Automotive Retail (STAR) has developed new guidelines to help dealers evaluate their Dealership Data Security. Visit STAR's Dealer Infrastructure Guidelines (DIG) publication for more information. To learn how dealerships should test their security plans click here.

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Lenovo PCs Power Beijing 2008 Olympic Games

  

Lenovo, a major sponsor of the Beijing 2008 Olympic Games, is providing 30,000 computers to power all aspects of the games. Imagine what they can do for you! NADA members can save up to 36 percent on select ThinkPad notebooks with eCoupon USXBACKTOSCHOOL at checkout. This offer ends August 25. To take advantage of these savings, visit NADA's PC Purchase Program online (member login required), then click on www.lenovo.com/shop/deals/nada or call (800) 426-7235, Option 1, Ext. 4838.

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Featured Video
 

Registration for the NADA convention in New Orleans Jan. 24-27 is now open. Click here to see just how much progress New Orleans has made since Katrina.


More Video Highlights

Quotable
 
"Our goal is for the Chevrolet Cruze to lead in fuel economy in this very competitive car segment."

    -- GM Chairman and CEO Rick Wagoner, Associated Press, August 22


"The bottom line is that, if you want to be environmentally friendly, you won't have to spend an arm and a leg to do it."

    -- Ford Americas President Mark Fields, touting the company's new EcoBoost engine technology, The Detroit News, August 22


"With high fuel prices and greenhouse gas emissions on the minds of many Americans, the incentive has never been greater for motorists to invest in the kind of maintenance that improves fuel economy."

    -- Annette Sykora, NADA chairman, referring to the "Green Checkup" campaign, which offers motorists a check list of Green Maintenance Tips available at a new Web site, www.GreenDrivingUSA.com, NADA Newswire, August 21
Video Highlights
 
  
NADA's New Orleans Project: Lusher Charter School


NADA's Return to New Orleans
NADA and "SeeMore's Playhouse" Promote Child Passenger Safety Month in September
 


Click here for more NADA-TV reports.

 
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