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Tuesday, March 9, 2010 RSSSEND TO A FRIENDPRINT
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Top 8 Stories
Ford expands no-interest financing
Honda may report profit gain in North America, Nikkei reports
Class-action lawsuits could cost Toyota $3B-plus
Runaway Toyota Prius reported in California
Nissan recalling 600,000 trucks
GM has contacted all 661 dealers slated for reinstatement
GM, dealers talk cash to wind down
Shell CEO: Electric cars will get more popular
Click here for more news from NADAFrontPage.com
Top 8 Stories
Ford expands no-interest financing

Ford’s first-quarter profits are likely to be challenged by $200 million because the automaker has been drawn into an incentive war with Toyota and General Motors... (Read more)
Source: Detroit Free Press

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Honda may report profit gain in North America, Nikkei reports

Honda Motor Co., Japan’s second- largest carmaker, may report that annual profit at its North America unit more than doubled on cost cuts and gains in financial operations, the Nikkei said. (Read more)
Source: Bloomberg

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Class-action lawsuits could cost Toyota $3B-plus
MIAMI -- Toyota owners claiming that massive safety recalls are causing the value of their vehicles to plummet have filed at least 89 class-action lawsuits that could cost the Japanese auto giant $3 billion or more, according to an Associated Press review of cases, legal precedent and interviews with experts. (Read more)
Source: The Associated Press

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Runaway Toyota Prius reported in California

LOS ANGELES -- Police in San Diego, Calif., had to assist a runaway Toyota Prius when its gas pedal stuck on a freeway Monday afternoon, according to reports. (Read more)
Source: MarketWatch

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Nissan recalling 600,000 trucks

Nissan is recalling about 598,000 trucks, according to the National Highway Traffic Safety Administration. (Read more)
Source: The New York Times

Editor's note: Click here for the document, "Safety Recall 'Stop Sales' Orders," which is available on NADA's Web site.

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GM has contacted all 661 dealers slated for reinstatement

WASHINGTON -- General Motors Co. has contacted all 661 of the rejected dealerships that the company intends to reinstate, fulfilling a pledge made last week. (Read more)
Source: Automotive News

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GM, dealers talk cash to wind down

General Motors Co. says it is meeting with rejected dealers who are seeking additional wind-down money under an agreement negotiated by the National Association of Minority Automobile Dealers. (Read more)
Source: Automotive News

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Shell CEO: Electric cars will get more popular

SANTA BARBARA, Calif. -- Royal Dutch Shell expects electricity-powered vehicles to account for as much as 40 percent of the worldwide car market by 2050, Chief Executive Peter Voser said... (Read more)
Source: Reuters

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Click here for more news from NADAFrontPage.com

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Quotable
 
"Toyota is waging a price war."

   
-- John Wolkonowicz, auto marketing consultant at IHS Global Insight, on Toyota trying to win back customers after the recalls with 0% financing and low down payments on some of its most popular models, Fortune, March 9

Video Highlights
 

Profile: New NADA Chairman Ed Tonkin


NADA Launches New Online Magazine 

2010 Convention
 

CLICK HERE for Comprehensive Convention News Coverage at NADAFrontPage.com.



Save Up to $150 Instantly

NADA members are eligible for special pricing and discounts on a wide range of HP business products. Now through March 31, members can save up to $150 on select HP Photosmart and HP Officejet printers. To learn more about these and other HP specials, visit NADA's PC Purchase Program site (member log in required).


 
Savings from Lenovo

NADA members can save an additional 5% now on ThinkPad X100e, Edge and SL410 series laptops through March 31 with the eCoupon USXMARCHSAVINGS at checkout. For discounts on other Lenovo products, visit NADA's PC Purchase Program site (member log in required).

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