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Top Stories
GM Chairman to Become Permanent CEO
GM's Reuss Will Make One-Day NADA Visit, After All
959 Rejected Dealerships Seek Arbitration as Monday Deadline Nears
Defending Their Dealerships
Feds to Unveil Auto Database to Deter Theft, Fraud
Top Stories
GM Chairman to Become Permanent CEO

DETROIT -- General Motors's chairman and interim chief executive, Ed Whitacre Jr., will become the permanent CEO of the automaker, a person briefed on the matter said Monday. The announcement will be made at an 11:30 a.m. Eastern news conference Monday at GM's downtown Detroit headquarters, the person said. Whitacre, 68, is a former CEO of telecommunications giant AT&T Inc. He has been serving as interim CEO since the board ousted former CEO Fritz Henderson on Dec. 1.
Source: The Associated Press

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GM's Reuss Will Make One-Day NADA Visit, After All

DETROIT -- General Motors Co.’s North American president will make at one-day appearance at next month’s National Automobile Dealers Association convention, reversing GM’s plans to have Mark Reuss skip the Orlando, Fla., event. Reuss will come to the convention Feb. 13, although GM hasn’t completed details for his schedule that day, GM spokeswoman Ryndee Carney said (Friday). GM had planned to participate in NADA’s Feb. 13 industry relations luncheon by sending Susan Docherty, GM’s sales and marketing chief; Jim Bunnell, general manager of U.S. sales, service and marketing; and Eric Peterson, director of sales operations. In addition, GM has said that Docherty will speak at the woman dealers’ breakfast Feb. 13 and that she and Bunnell will field dealers’ questions at an off-site, invitation-only GM luncheon Feb. 14.
Source: Automotive News

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959 Rejected Dealerships Seek Arbitration as Monday Deadline Nears

WASHINGTON -- The number of dealerships that have given notice of their intent to seek arbitration soared to 959 (Friday) -- more than a doubling in just two days, an American Arbitration Association official said. The unexpected surge is causing some dealership attorneys to revise their estimates of how many rejected General Motors Co. and Chrysler Group showrooms ultimately will give notice by the deadline of midnight Monday, Jan. 25. While a number of lawyers had predicted that 800 to 1,000 would file, some are now saying the number easily could top 1,000.
Source: Automotive News

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Defending Their Dealerships

 ... Hundreds of dealers from all corners of the United States fighting to get back their businesses — and in many cases their good names, tarnished by implications of poor performance — through an arbitration process that will begin (this) week. G.M.’s top executive, Edward E. Whitacre Jr., recently said he expected “hundreds” of G.M. dealers to be reinstated. Many have been encouraged by Mr. Whitacre’s recent comments suggesting that the company might have been too aggressive in cutting dealerships and probably made some mistakes in its selections. Chrysler, though, has taken a much harder line, insisting that large numbers of reinstatements could throw its recovery off track and hurt current dealers. Chrysler’s chief executive, Sergio Marchionne, who was not involved in the company when the cuts were made, nonetheless defended them this month during a speech to an industry conference. “The decision that we made, I think it was made with diligence, it was made equitably, and I think it was done fairly,” Mr. Marchionne said. “What I cannot do is unwind the last seven months of history, during which Chrysler went on and started rebuilding a distribution network on the assumption that the ruling of the bankruptcy judge was final.” He added, “My conscience is clear.”
Source: The New York Times

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Feds to Unveil Auto Database to Deter Theft, Fraud

WASHINGTON -- Almost 17 years after Congress ordered it, the Justice Department is getting closer to rolling out a comprehensive national database designed to deter auto theft and fraud. The National Motor Vehicle Title Information System, created by Congress in 1992, has 77 percent of all motor vehicle title records in the United States -- more than 300 million vehicle identification numbers (VINs). The system helps protect customers from unknowingly buying a car that was salvaged or scrapped in one state, but retitled in another state without the same designation like "salvage," "rebuilt" or "flood." Some cars that were flooded might get a salvaged designation in one state, but not another. More than 1 million vehicles are stolen annually and many get "cloned" titles in new states. Through the new database, states are able to check the system before issuing a new title for a vehicle, to make sure the vehicle isn't stolen or wasn't fraudulently reported as stolen, or marked as salvaged or scrapped elsewhere. Ivette Rivera, executive director for legislative affairs at the National Automobile Dealers Association, praised the Justice Department for the progress that has been made. "We are still hoping to make it better," Rivera said.
Source: The Detroit News

Editor's note: NADA was instrumental in urging the Justice Department to make the total-loss information more complete. NADA is now working to merge the NMVTIS data into vehicle history reports to make the data more user-friendly and accessible for dealers and the public to detect totaled and stolen vehicles.

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Quotable
 
"I don't know how to be a chairman and not a CEO."

   
-- General Motors Chairman Ed Whitacre, who will become the automaker's permanent CEO, candidly said he likes to be in charge, The Associated Press, Jan. 25
2010 Convention
 


NADA Chairman: Convention is the 'Must-Attend Event'

Advance Registration Deadline Extended to Jan. 27

To provide dealers and their managers with more time to sign up for the convention, the advance registration deadline — which includes a $50-$75 savings — has been extended to Wednesday, Jan. 27. If you have not yet registered, now is the time. Click here to r
egister today.

CLICK HERE FOR MORE CONVENTION STORIES.




REGULATORY UPDATES


 

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And for a limited time, upgrade to free two-day shipping. Offer expires Jan. 31. Terms and conditions apply. To learn more about these specials, visit NADA's PC Purchase Program site (member log in required).



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Out with the old - and in with Lenovo's Enhanced Experience PCs featuring Windows® 7 productivity tools. Start the new year with feature-rich, high-quality Lenovo notebooks designed for the way you work. NADA members can save up to an additional 10 percent on select Thinkpad laptops with the eCoupon USXNEWYEAR. Lenovo has also introduced the new ThinkPad Edge. No fluff, just clean lines and bold color options foreshadowing the robust ThinkPad performance inside. To learn more about these specials, visit NADA's PC Purchase Program site (member log in required).

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