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Top Stories
Dealers at Orlando Convention Speculate on Automakers' Future
NADA Convention Draws International Crowd
McEleney: Opportunity in Service, Used Cars
GM's Docherty Upbeat About Dealers' Future
Good News Awaits in Orlando. If You Can Get Here
Toyota Says More Models Might Get Fix for Acceleration
Toyota Dealers Coping With Recall Repairs
Top Stories
Dealers at Orlando Convention Speculate on Automakers' Future

Mood better at this year's convention, but worries linger
ORLANDO, Fla. -- Dealers gathered in New Orleans a year ago for the National Automobile Dealers Association convention, wondering whether General Motors Co. and Chrysler Group LLC would survive. As they open their first national convention here today since a fundamental remaking of the U.S. auto industry, dealers remain anxious as they confront a slew of new challenges. "Overall, the mood is much better than a year ago, but the biggest unknown is the economy," said Russ Darrow, who owns 15 dealerships in Wisconsin that sell a combination of foreign and domestic brands, including Toyota, Chrysler and GMC. "Dealers are all optimists, we're born that way, but we absolutely must have an increase in sales soon."
Source:  The Detroit News

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NADA Convention Draws International Crowd

ORLANDO, Fla. – It’s a national trade show that draws an international following. Among the 15,000 attendees at this year’s National Automobile Dealer Assn. convention are foreign dealers who see the U.S. auto market as a trend setter. “The auto industry is all about trends and many of those start in the U.S.,” says Steve Pitt, NADA vice president-conventions and expositions. “That’s why many international dealers attend the convention.” Among them is Jaap Timmer, the Dutch chairman of Europe’s Opel/Vauxhall dealer organization. It is his 17th NADA convention in a row. “The convention gives me a lot of inspiration and motivation and is always refreshing, especially in difficult times,” he says.
Source: Ward's Dealer

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McEleney: Opportunity in Service, Used Cars

ORLANDO, Fla. -- Dealers suffering from slow new-car sales can regain revenue by emphasizing used-car sales and customer-pay service, says NADA Chairman John McEleney. Last year, franchised dealers sold 10 million used vehicles, but that was in a market of 37 million total sales, he said. "We need to get a bigger piece of the used-car pie," McEleney said in a speech at the J.D. Power International Automotive Roundtable here Friday. "Most of us aren't making any money on new cars and haven't for years," said McEleney.
Source:  Automotive News

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GM's Docherty Upbeat About Dealers' Future

ORLANDO, Fla.—At the Women Dealers Breakfast of the NADA convention, being held in here today through Monday, February 15, GM sales, service, and marketing vice president Susan Docherty said GM will consider 2010 a successful year if it is able to completely stabilize its dealer network, successfully launch its new models, and pay back its government loans. When asked about the health of GM’s dealer network, she responded, “I’d rate the health of the network as good, but I hope by this time next year I can say it’s excellent.” Aside from the tough challenges GM faced in 2009 and this year’s planned production increases, Docherty also addressed marketing efforts that target women with GM’s newest models and programs to encourage female talent in dealerships.
Source: NADA Newswire

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Good News Awaits in Orlando. If You Can Get Here

One dealer drove from Washington to Raleigh, N.C., to catch a plane to Orlando. Some people took trains from New York to Florida to get in. Some convention-goers, I'm hearing, won't be here until Saturday, two days later than planned. NADA folks told me that registrations are up 20 percent, but some people just couldn't get here. Members of the NADA team almost missed their own convention. NADA's David Hyatt told us that he and seven colleagues rented two minivans and drove to Norfolk, Va., to take the last flight out before the storm hit. But here's the good news: There's good news again. For those who made it here on time, there's a feeling that the worst might be over.
Source: Automotive News

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Toyota Says More Models Might Get Fix for Acceleration

Toyota said on Friday that it might expand the number of models that will receive a braking override system designed to prevent sudden acceleration, a problem that led the company to recall millions of cars. Separately, Toyota announced that it planned to recall about 8,000 2010 model Toyota Tacomas to inspect the trucks’ front driveshaft. The trucks, equipped with 4-wheel drive, might contain a cracked part that could become more damaged when the vehicle is driven. Toyota had said it would install a brake override system on some Camry, Avalon and Lexus cars that automatically reduces an open throttle, meant as a safeguard against unintended acceleration.
Source: The New York Times

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Toyota Dealers Coping With Recall Repairs

It's being called the mother of all recalls, with more than 2.4 million vehicles in the U.S. needing repairs. Yet a week into Toyota's massive effort to fix sticky gas pedals, dealers and customers say things are moving relatively smoothly. The rate of cars being fixed is approaching 54,000 a day, and many dealers are opening service bays on weekends and operating extended hours. Toyota Motor Corp. says it has repaired more than 400,000 vehicles so far. Dealers have been able to avoid a logistical nightmare in part by doing most of the work by appointment.
Source: Chicago Tribune

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Quotable
 
"Overall, the mood is much better than a year ago, but the biggest unknown is the economy. Dealers are all optimists, we're born that way, but we absolutely must have an increase in sales soon."

    -- Russ Darrow, who owns 15 dealerships in Wisconsin, on the mood at this year's NADA Convention & Expo, The Detroit News, Feb. 12 

Video Highlights
 
 
NADA's Trucks for Haiti Campaign Off to Strong Start
 (NADA-TV)

Chairman McEleney: Dealers Prepared to Repair Toyota Accelerators (Fox Business)
2010 Convention
 


On-Site Convention Registration Now Open

On-site registration for the NADA convention is now open in the Registration Concourse of the West Building, Orange County Convention Center. NADA will provide dealers and their managers with a $200 voucher at registration to spend on goods and services on the expo floor. Click here for more information.

CLICK HERE FOR MORE CONVENTION STORIES.


 

DealerTrack Ramps Up Incentive on Its Leading Inventory Management Solution at NADA Expo 

Dealers who use NADA’s $200 voucher to subscribe to DealerTrack AAX inventory management software solution and services at the NADA Convention & Expo will receive an additional $800 bonus from DealerTrack for a total savings of $1,000. DealerTrack AAX helps dealers manage their inventory while accelerating turns and increasing profits. Visit www.dealertrack.com/NADA for more information or call (888) 600-8760.


REGULATORY UPDATES


Enter to Win a New HP Laptop at NADA Convention



Register for a chance to win a new HP laptop at the NADA convention in Orlando! Just stop by the NADA Pavilion (Booth #1801) to register. While you're there take a look at the other HP products offered at a discount to NADA members. To take advantage of this discount, visit NADA's PC Purchase Program site (member log in required).



Save Up to 48% Off Select Lenovo Notebook Computers

Don't miss this opportunity for incredible savings on select Lenovo products during February with this eCoupon. Use the eCoupon USXSWEETDEALS at checkout to maximize your discount. Enjoy up to 48% off select notebooks, such as the ThinkPad T500 with integrated graphics for only $652.02. Power through graphics, presentations, personal e-mails and more with your new Lenovo products. To learn more about these and other specials for NADA members, visit NADA's PC Purchase Program site (member log in required).

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