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Top Stories
U.S. Unveils 35.5-M.P.G. Rule by '16
NADA Statement: New Vehicle Fuel Economy Rules to Cost Consumers
Auto Sales May Reach Most Since 'Clunkers' on Toyota
GM's March Sales Rose 43% at Surviving Brands
Nissan Sees Fiscal 2010 U.S. Market Gain
Hyundai Says First U.S. Hybrid to Have Cost, Efficiency Edge
Why It's Easier to Buy a Car Now
GM Heals as Toyota 'God-Like Status' Wanes, Lutz Says
Dealers Should Be Wary of SBA-Related Scams
Click Here for More News from NADAFrontPage.com
NADA Marketplace
NADA University's Dealer Management Seminars Begin in April
Top Stories
U.S. Unveils 35.5-M.P.G. Rule by '16

NEW YORK -- The Obama administration unveiled its historic rules today setting a 35.5 mpg average for the U.S. auto industry by 2016, which the government said would cut fuel consumption by 40% and generate $130 billion in benefits. (Read more)
Source: Detroit Free Press

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NADA Statement: New Vehicle Fuel Economy Rules to Cost Consumers

WASHINGTON -- In response to the new model year 2012-16 automobile and light-truck fuel economy mandates, Ed Tonkin, chairman of the National Automobile Dealers Association (NADA) released the following statement... (Read more)
Source: NADAFrontPage.com

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Auto Sales May Reach Most Since 'Clunkers' on Toyota

U.S. auto sales may have run at the fastest pace this month since the 2009 “cash for clunkers” program as Toyota Motor Corp.’s incentives to counter global recalls spurred rivals to match the discounts. (Read more)
Source: Bloomberg

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GM's March Sales Rose 43% at Surviving Brands

General Motors Co. on Thursday said U.S. sales in March rose 43% at its four surviving vehicle brands, with crossover vehicles and cars providing a lift. (Read more)
Source: The Wall Street Journal

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Nissan Sees Fiscal 2010 U.S. Market Gain

NEW YORK -- Nissan Motor Co expects its U.S. market share to increase by half a percentage point in its upcoming fiscal year due to vehicle launches and increased marketing, its North American head said on Wednesday. (Read more)
Source: Reuters

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Hyundai Says First U.S. Hybrid to Have Cost, Efficiency Edge

Hyundai Motor Co., South Korea’s largest automaker, said its first U.S. hybrid will have cost and performance advantages over gasoline-electric models from Toyota Motor Corp. and Ford Motor Co. (Read more)
Source: Bloomberg

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Why It's Easier to Buy a Car Now
By Joseph B. White

Sweet Deals—0% Interest, No Down Payment—for Drivers With Good Credit
Car dealers, auto finance companies and credit market analysts are seeing a decided spring thaw in the auto finance market—especially for drivers with good credit. (Read more)
Source: The Wall Street Journal

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GM Heals as Toyota 'God-Like Status' Wanes, Lutz Says

General Motors Co. is poised to regain momentum as Toyota Motor Corp. suffers permanent damage to its reputation from worldwide recalls of more than 8 million vehicles, GM Vice Chairman Bob Lutz said.  (Read more)
Source: Bloomberg

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Dealers Should Be Wary of SBA-Related Scams

After receiving several complaints from small businesses about abusive practices and other scams, the SBA is warning small businesses to use caution if they are contacted by firms offering to help them apply for funds available through SBA programs. Dealers should use caution if they are approached by firms that... (Read more)
Source: SBA

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Click Here for More News from NADAFrontPage.com

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NADA 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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Quotable
 
"With tight family budgets and a shaky job outlook, consumers want to maximize their transportation dollars, not pay more for redundant rules and an unnecessary bureaucracy."

   
-- Ed Tonkin, NADA chairman, says new fuel economy rules will cost consumers too much, Detroit Free Press, April 1


"Definitely the squeeze has eased up. It hasn't gotten back to where it was two years ago, but it's really improved."

    -- Andy Koblenz, NADA vice president and general counsel, on the improving auto finance market, The Wall Street Journal, March 31


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
 
 
What About the Dealers?(CNBC)

 
Auto Dealers Forecast Higher Sales (CNNMoney.com)

 
Future of the American Auto Industry (Fox Business)


NADA University: 'We Build Champions'


NADA Launches New Online Magazine 

2010 Convention
 

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


 
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