For optimal viewing through your web browser or PDA, click here.

NADA.org
Monday, April 26, 2010 RSSSEND TO A FRIENDPRINT
nada.orgAdvocacyAffiliates | Convention | Jobs | Programs | Publications | Services | Training
Top 10 Stories
Auto Dealers Head to Senate to Fight Bill Regulating Lending
Financial Overhaul Bill Faces Showdown in Senate Vote Today
Obama Calls Auto Revival Encouraging, Urges Financial Overhaul
Chrysler Asks U.S. Court to Block New Colo. Dealer Reinstatement Law
(Colo.) Lawmakers Want to Hit Chrysler with Heavy Fines
Missouri Lawmakers OK Effort to Help Auto Dealers
Chrysler Expects 20 Percent Sales Boost in April
Ford May Report $1 Billion Profit on Higher Volumes, Prices
Toyota March Production Soars
Fiat-Chrysler's Bold U.S. Vision
Top 10 Stories
Auto Dealers Head to Senate to Fight Bill Regulating Lending

The nation's auto dealers head to the U.S. Senate Monday to play man-to-man defense to stop a bill that would for the first time put their lending business under a single federal watchdog. (Read more)
Source: Detroit Free Press

[back to top]

Financial Overhaul Bill Faces Showdown in Senate Vote Today

The Senate is set to hold a test vote today on a Democratic plan to overhaul regulation of Wall Street, a showdown with political risks for both sides. (Read more)
Source: Bloomberg

[back to top]

Obama Calls Auto Revival Encouraging, Urges Financial Overhaul

President Barack Obama said the auto industry’s revival, including General Motors Co.’s repayment of its government loans, is “encouraging” and urged passage of the financial-services overhaul to prevent future bailouts. (Read more)
Source: Bloomberg

[back to top]

Chrysler Asks U.S. Court to Block New Colo. Dealer Reinstatement Law

WASHINGTON -- Chrysler Group is asking the U.S. Bankruptcy Court to block a new Colorado dealer reinstatement law -- a move the company took against similar laws in four other states. (Read more)
Source: Automotive News

[back to top]

(Colo.) Lawmakers Want to Hit Chrysler with Heavy Fines

DENVER - State lawmakers hope a $25,000 per-day fine will force Chrysler Group LLC to comply with the state's new dealer restoration law. (Read more)
Source: KUSA-TV

[back to top]

Missouri Lawmakers OK Effort to Help Auto Dealers

Missouri lawmakers have given final approval to legislation designed to help motor vehicle dealers by changing the rules on how they work with automakers. (Read more)
Source: Bloomberg Businessweek

[back to top]

Chrysler Expects 20 Percent Sales Boost in April

DETROIT -- Chrysler Group is projecting about a 20 percent increase in U.S. sales for April compared with the same month last year, Chrysler spokeswoman Kathy Graham said (Thursday). (Read more)
Source: Automotive News

[back to top]

Ford May Report $1 Billion Profit on Higher Volumes, Prices

Ford Motor Co.’s earnings probably topped $1 billion, the first time since 2005 the automaker will have posted a net profit for four straight quarters, after Chief Executive Officer Alan Mulally cut back on discounting. (Read more)
Source: Bloomberg

[back to top]

Toyota March Production Soars

TOKYO — Toyota Motor Corp. nearly doubled its global production in March, as a low basis of comparison from last year canceled out the debilitating effects of world-wide vehicle recalls. (Read more)
Source: The Wall Street Journal

[back to top]

Fiat-Chrysler's Bold U.S. Vision

Stores will be a ‘World's Fair of Auto Brands'
Travel by time machine to a large Chrysler Group dealership in 2014, and you'll find radical changes. (Read more)
Source: Automotive News

[back to top]

 
Quotable
 
"We are so heavily regulated already. ... this will end up costing the consumers more money and will limit the universe of options available to them for auto loans."

    -- Ed Tonkin, NADA chairman, on proposed legislation that would for the first time put dealers' lending business under a single federal watchdog, Detroit Free Press, April 25

Video Highlights
 

NADA Chairman Ed Tonkin on the Brownback Amendment to Financial Overhaul Bill


NADA University: 'We Build Champions'


NADA Launches New Online Magazine 

NADA Marketplace 
 
 
Think Spring. Think Savings. Think Lenovo!

Spring into the new season with a new Lenovo laptop. Use eCoupon USXSPRINGSAVINGS and save up to $875 on select ThinkPad X series and ThinkPad T series laptops! Make your purchase complete by adding accessories. To see this promotion and all discounted products from Lenovo
, visit NADA's PC Purchase Program site (member log in required).



Save on the HP Compaq 6000 Pro Business

Empower your business with a new HP Compaq 6000 Pro Business PC. With auto sales continuing to improve it’s important that your "power PC" in your F&I department and business office have the resources to keep up with growing demand. And – just as in automotive retail, HP is offering you 0% financing when you purchase any PC. To learn more about these and other HP specials, visit NADA's PC Purchase Program site (member log in required).


Search Back Issues | Unsubscribe | Subscribe | Manage your subscription | email us
NADA For more information on NADA, visit www.nada.org or contact NADA, 8400 Westpark Drive, McLean, VA 22102. This email may contain an advertisement of NADA products and services. Any opinions or statements contained herein do not necessarily reflect the views of NADA. Factual errors are the responsibility of the listed publication. If you are a franchised new-car or -truck dealer and would like to become a member of NADA, please visit the Join NADA section of www.nada.org. Questions or comments concerning NADA Headlines content may be directed to media@nada.org.