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Top Stories
Dealers Curtail GOP Convention Role, Focus on New Orleans
Turning Around North American Business is Priority: GM
GM Recalling 944,000 Vehicles
Dutch Venture Plans Cheap, Powerful Electric Cars
Opinion: U.S. Loans Could Make Sense, but Can't be a Bailout
Committed to Community: Rescue Anne Helps Attack Heart Attacks
NADA Update
Sign Up Today to Become a Green Checkup Dealer
Convention Registration is off to a Strong Start
Committed to Community: NADA Hole-in-One Insurance to Host Charity Golf Tournament in New Orleans
Did You Miss the First Virtual Seminar on the Red Flags Rule?
Taxpayers with 25 or More Heavy Vehicles Must File Excise Tax Forms Electronically
NADA Insurance Announces New Plan for Retiring and Career-Changing Dealers
STAR Answers Dealers Questions about Dealership Security
Save up to 42% on Select ThinkPad Notebooks
Top Stories
Dealers Curtail GOP Convention Role, Focus on New Orleans

ST. PAUL, Minn. -- Leaders of auto dealers joined other interest groups Sunday and Monday in scaling back activities at the Republican National Convention here. The reason – Hurricane Gustav’s strike on the U.S. Gulf Coast – is of particular interest to the National Automobile Dealers Association. NADA donated more than $4 million to relief efforts following Hurricane Katrina in 2005. The association announced in 2006, while recovery was in early stages, that the NADA convention and exposition would be returning to New Orleans next January. “Our focus is on the people on the ground and the (hurricane) situation,” said David Hyatt, NADA’s vice president for public affairs. As for the dealer convention, Hyatt told Automotive News, Monday, “We’re committed to New Orleans. We’re hoping for the best.” NADA Chairman Annette Sykora, a multi-franchise Texas dealer, and President Phil Brady postponed traveling to St. Paul for the Republican convention. They are making day-to-day scheduling decisions, said David Regan, NADA’s vice president for legislative affairs. He is in the Twin Cities, along with Ivette Rivera, legislative affairs director. Regan said he has continued to attend some “workmanlike” events and make contacts with lawmakers, congressional staffers and potential officials of the next administration. One of the issues, he said: Better public disclosure of vehicles that are damaged in crashes or floods before they are resold.
Source:  Automotive News (Subscription required.)

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Turning Around North American Business is Priority: GM

TALEGAON, India -- General Motors Corp's most important priority is to turn around its North American business and it will continue investments in emerging markets, its chief operating officer said on Tuesday. "The most important thing we can do is to turn around the North American business," Fritz Henderson told reporters after inaugurating the U.S. carmaker's second plant in India, located in the western Maharashtra state, with an annual capacity of 140,000 units. GM, which last week said it would put more than $200 million in an engine plant in Talegaon for an eventual capacity of 300,000 units, will continue to invest in emerging economies, Henderson said.
Source:  Reuters

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GM Recalling 944,000 Vehicles

WASHINGTON -- General Motors Corp. said Friday it was recalling 944,000 vehicles because of a problem with a windshield wiper fluid system that could lead to a fire. More than 850,000 sport utility vehicles, trucks and passenger cars in the United States and nearly 100,000 vehicles in Canada, Mexico and the Middle East are involved in the recall, the company said. GM said it includes the 2008 Buick Enclave, 2006-2008 Buick Lucerne, 2006-2008 Cadillac DTS, 2007-2008 Cadillac Escalade, 2007-2008 Cadillac Escalade ESV, 2007-2008 Cadillac Escalade EXT, 2007-2008 Chevrolet Avalanche, Silverado, Tahoe and Suburban, 2007-2008 GMC Acadia, Sierra, Yukon and Yukon XL, 2006-2008 Hummer H2 and 2007-2008 Saturn Outlook. Dealers will install a wire harness with an in-line fuse to fix the problem free of charge, GM said.
Source:  Associated Press

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Dutch Venture Plans Cheap, Powerful Electric Cars

SHAH ALAM, Malaysia -- A Dutch-based company announced plans Tuesday to produce affordable electric cars by the end of 2009, promising they will be much more powerful than existing models and have zero emissions. Detroit Electric is in negotiations with Malaysia's national auto maker, Proton, to produce the car in this Southeast Asian nation and is also talking to a German and a U.S. carmaker, said the company's chief executive, Albert Lam. Lam said the car will use lithium ion batteries and a motor developed in-house. The company is majority owned by Lam, a British citizen, and has entered into a partnership with several Dutch, American and Malaysian investors with an investment of about $300 million over the next five years. They are targeting about 30,000 vehicles worldwide within the first year, ramping up to 270,000 vehicles in the third year. "It is about conviction. If you're an early adapter, there will be some inconveniences, but I'm sure that in two to three years, there will a comprehensive infrastructure for fast charging," Lam said.
Source:  Associated Press

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Opinion: U.S. Loans Could Make Sense, but Can't be a Bailout
Automotive News

Much of the political buzz about the federal government providing as much as $50 billion in low-cost loans to the auto industry can be chalked up to election-year ebullience. Auto executives note that the industry faces a government mandate to improve fuel economy by 40 percent before 2020. They say it's only fair that the government should help with the ways and means to do that. But that argument has eroded now that consumers are demanding vehicles with fuel economy better than the federal standard. It's tougher to make the case for government funding to meet marketplace demands. Still a program of low-cost loans to the industry might make sense — if they are loans that will be repaid, if the government doesn't stipulate particular technologies or vehicles that must be developed, and if the loans are available to all automakers and suppliers that build in this country. Otherwise, the loans would be nothing more than a Detroit 3 bailout. That would be a questionable use of tax dollars, even in an election year.
Source:  Automotive News (Subscription required.)

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Committed to Community: Rescue Anne Helps Attack Heart Attacks

The Red Cross of Lackawanna County’s CPR training classes have a new teacher. Rescue Anne arrived last week in the company of Dean Hesser of Hesser Chevrolet-BMW and David Wallick from the Pennsylvania Automotive Association, and Bob Cherundolo of the Scranton Red Cross was on hand to welcome Anne. Rescue Anne, actually a Complete Training Unit, was donated by the PAA and the National Automobile Dealers Charitable Foundation and sponsored by Tom Hesser Chevrolet-BMW. The donated CPR unit signals the trainee, telling when the right pressure has been applied in the right spot or shows if the trainee is breathing correctly into the victim’s mouth. With Rescue Anne, CPR students learn the feel of giving quick, lifesaving emergency treatment.
Source:  The Scranton Times-Tribune

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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, dealers in 43 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 Jan. 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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Committed to Community: NADA Hole-in-One Insurance to Host Charity Golf Tournament in New Orleans

NADA Insurance announced that its hole-in-one insurance program, ACECO, will host a charitable golf tournament in conjunction with the 2009 NADA Convention & Exposition in New Orleans next January. The inaugural “Dealers for Charity Golf Tournament” is slated for Friday, Jan. 23 at TPC Louisiana, the only PGA TOUR golf course in the state. The challenging 7,300-yard, par-72 Pete Dye-designed course is set among bayous and old-growth cypress trees. Built in 2004, it is home to the prestigious PGA TOUR Zurich Classic of New Orleans. All proceeds from the tournament will benefit the Brees Dream Foundation, a charitable organization founded by New Orleans Saints quarterback Drew Brees and his wife Brittany.
 
"NADA's convention theme is 'Committed to Community,' so it's fitting that we're raising money for a New Orleans-based organization," says Lin Peacock, vice president of NADA Insurance. "Our members have a long history of supporting charitable events within their own communities." The National Automobile Dealers Charitable Foundation donated $400,000 in May to restore the athletic fields at Lusher Charter School, located in the heart of Uptown New Orleans.

If you're interested in a sponsorship, contact tournament director Alicia Rodriguez at (888) 828-8540 for details. The tournament is open to NADA members only. Fees for the 144-person tournament are $300 per person or $1,200 per foursome. Online registration opens on Tuesday, Sept. 2 at www.ACECOinsurance.com.

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Did You Miss the First Virtual Seminar on the Red Flags Rule?

If you weren’t among the 500 individuals and several dealer association groups who logged on this past week for our first virtual seminar on complying with the new FTC Red Flags Rule, you have another chance: The seminar will be repeated on Tuesday, Sept. 23, 2008 from 1-3 p.m. EST.

Like the first one, the seminar will be presented live and online, inviting participation by attendees. Questions are encouraged, which will be answered by presenters, Bert Rasmussen, author of A Dealer Guide to the FTC Red Flags and Address Discrepancy Rules: Protecting Against Identity Theft, and Paul Metrey, NADA director of regulatory affairs. The seminar will address what you need to do by Nov. 1, 2008 to comply with the Red Flags Rule, such as:

  • Preliminary risk assessment
  • Construction of a written Identity Theft Prevention Program
  • Knowing the indicators of identity theft (Red Flags) and how to detect and respond to them
  • Training requirements
  • Service provider oversight
  • Involvement of a dealership’s board of directors

Dealers, general managers, CFOs, controllers, finance managers, sales managers, IT managers and outside compliance professionals are encouraged to participate. The fee is $199 per computer connection.

To register online, visit www.nada.org/seminars or call (800) 248-6232, Ext. 7061. To order A Dealer Guide to the FTC Red Flags and Address Discrepancy Rules: Protecting Against Identity Theft, visit www.nada.org/RedFlags.

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Taxpayers with 25 or More Heavy Vehicles Must File Excise Tax Forms Electronically

WASHINGTON — Individuals and organizations with 25 or more trucks, tractors or other heavy vehicles used on highways now are required to make their excise tax filings with the Internal Revenue Service electronically, rather than by paper. Form 2290, Heavy Highway Vehicle Use Tax Return, is used to report and pay highway-use excise taxes. E-filing of Form 2290 began in August 2007. Electronic filing streamlines the processing of the Form 2290. It is safer and more reliable than paper filing and reduces preparation and processing errors. Another advantage of e-filing Form 2290 is that taxpayers don’t have to wait for a stamped version of the Schedule 1, Schedule of Heavy Highway Vehicles, to be returned by mail because they will almost instantly receive the equivalent of a stamped version electronically. For additional information, contact NADA/ATD Regulatory Affairs at regulatory@nada.org. Click here for the complete press release.
Source:  IRS

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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 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 find out "How Often Should a Dealership Back Up Data?" click here.

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Save up to 42% on Select ThinkPad Notebooks

  

NADA members can save three ways:

  • Instant savings with discounted Web pricing;
  • Save even more with your NADA discount; and
  • Enter eCoupon USXLABORDAY at checkout.

Visit www.nada.org/Technology/PCpurchaseprogram/default.htm (member log-in required), then click www.lenovo.com/shop/deals/nada or call (800) 426-7235, Option 1, Ext. 4838 to take advantage of these savings. Enter eCoupon USXLABORDAY at checkout. Hurry! Limited time offer! FREE ground shipping is available on all Web orders.

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Featured Video
 
 
NADA-TV Reports on the Launch of the 'Green Checkup' Campaign. Pictured above is NADA Chairman Annette Sykora with Colorado Gov. Bill Ritter at a news conference in Denver.


More Video Highlights

Quotable
 
"Our focus is on the people on the ground and the (hurricane) situation. We're committed to New Orleans."

   
-- David Hyatt, NADA's vice president of public affairs, responding to a question about the NADA convention in New Orleans in January, Automotive News, Sept. 2


"It is about conviction. If you're an early adapter, there will be some inconveniences, but I'm sure that in two to three years, there will a comprehensive infrastructure for fast charging."

    -- Albert Lam, chief executive of a Dutch-based company that is planning cheap, powerful electric cars, Associated Press, Sept. 2
Video Highlights
 
 
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.


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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NADA For more information on NADA, visit www.nada.org or contact NADA, 8400 Westpark Drive, McLean, VA 22102. This email may contain an advertisement of NADA products and services. Any opinions or statements contained herein do not necessarily reflect the views of NADA. Factual errors are the responsibility of the listed publication. If you are a franchised new-car or -truck dealer and would like to become a member of NADA, please visit the Join NADA section of www.nada.org. Questions or comments concerning NADA Headlines content may be directed to media@nada.org.