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Monday, March 29, 2010 RSSSEND TO A FRIENDPRINT
nada.orgAdvocacyAffiliates | Convention | Jobs | Programs | Publications | Services | Training
Top Stories
Opinion: Senate Must Exempt Dealers from Finance Bill
Chrysler Offering to Reopen 86 Dealers
Consumer Spending Rises Modestly; Incomes Flat
China's Geely to Buy Ford's Volvo in Record Overseas Auto Deal
GM to Increase SUV Production
Chrysler Expedites 300 Sedan
Toyota February Production Jumps, But Slowing Seen
Fiat to Take 35% Stake in Chrysler by 2012
Click Here for More News from NADAFrontPage.com
NADA-ATD Marketplace
NADA University's Dealer Management Seminars Begin in April
Advance Registration for the ATD Convention Extended to April 1
Top Stories
Opinion: Senate Must Exempt Dealers from Finance Bill

The Senate Banking Committee has done some silly things. But passing a financial regulation bill that would subject dealer-assisted retail financing to oversight by a new consumer protection office is one of the goofiest in recent memory. (Read more)
Source: Automotive News

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Chrysler Offering to Reopen 86 Dealers

WASHINGTON -- Chrysler Group LLC will offer to reinstate 86 of the nearly 800 dealers it shut down last year, the automaker confirmed. (Read more)
Source: The Detroit News

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Consumer Spending Rises Modestly; Incomes Flat

WASHINGTON — Consumers spent modestly last month, a sign that the economic recovery is proceeding at a decent — but not spectacular — pace. (Read more)
Source:The Associated Press

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China's Geely to Buy Ford's Volvo in Record Overseas Auto Deal

Zhejiang Geely Holding Co. agreed to buy Volvo Cars from Ford Motor Co. for $1.8 billion in the biggest overseas acquisition by a Chinese automaker. (Read more)
Source: Bloomberg

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GM to Increase SUV Production

General Motors Co. said it will boost production of two small sport-utility vehicles at its Canadian operations to meet demand and plans to recall laid-off workers. (Read more)
Source: The Wall Street Journal

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Chrysler Expedites 300 Sedan

Restyled Model Is Pushed to Improve Chances of Reaching 2010 Goal
Chrysler Group LLC is rushing to accelerate the U.S. launch of its redesigned flagship sedan, a once hot-selling model whose sales have slipped, as part of a push to keep on track its ambitious turnaround plan, said three people familiar with the matter. (Read more)
Source: The Wall Street Journal

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Toyota February Production Jumps, But Slowing Seen

TOKYO -- Toyota Motor Corp. said Monday its global production jumped in February from a year earlier, as a low basis of comparison offset the impact of reduced output in response to a world-wide vehicle recall. (Read more)
Source: The Wall Street Journal

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Fiat to Take 35% Stake in Chrysler by 2012

DETROIT -- Italian auto maker Fiat SpA intends to boost its control in Chrysler Group LLC to 35% within two years as Chief Executive Sergio Marchionne continues meeting his federally mandated targets. (Read more)
Source: The Wall Street Journal

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Click Here for More News from NADAFrontPage.com

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NADA-ATD Marketplace
NADA University's Dealer Management Seminars Begin in April

McLEAN, Va. -- NADA University has announced that four on-site, week-long management seminars focused on fixed operations and financial management will begin in April. (Read more)
Source: NADAFrontPage.com

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Advance Registration for the ATD Convention Extended to April 1

Advance registration for ATD Convention & Expo in Orlando, Fla., was extended to 3 p.m. on April 1. Don't miss the opportunity to book now and save. Online registration and housing is available at www.atd.org/convention.
Source: ATD

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Quotable
 
"Dealerships are not banks. Neither car dealers nor car loans had anything to do with the financial meltdown, although dealers, consumers and the entire auto industry suffered from the ensuing credit crisis."

   
-- An opinion in this week's edition of Automotive News on why dealerships should not be part of the consumer protection bill, Automotive News, March 29


Dealers Urged to Take Floorplan Survey

NADA remains focused on expanding the availability of financing for dealers to purchase vehicle inventory. All dealers are strongly encouraged to take a few moments to participate in a brief, yet important, online survey. The data will be used to provide federal officials with a clear view of the state of wholesale lending to dealerships, the availability floorplan lines of credit and its impact on dealers. Click here to take the survey

Video Highlights
 

NADA University: 'We Build Champions'


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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