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Top Stories
Record Sales for Recession-Proof Luxury Cars
Chrysler Will Make Buyers' Payments on New Cars
Consumer Borrowing Down Sharply in May
New GM on Steady Track to IPO as Old GM Fades Out
Chrysler Ends Production of Iconic PT Cruiser
Tesla Recruits Apple Store Exec for Retail Plan
Opinion: June's Tune: Better Than Last Year
Top Stories
Record Sales for Recession-Proof Luxury Cars

FORTUNE -- Americans may be contemplating deflation and a third depression, while Europe is watching to see if Portugal, Italy, and Spain follow Greece to the brink of default, but luxury car sales are hotter than a heat wave. (Read more)
Source: Fortune

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Chrysler Will Make Buyers' Payments on New Cars

AUBURN HILLS, Mich. -- Chrysler Group says it will make the first two months' payments on most new vehicles bought this month in a bid to boost sales after a weak June. (Read more)
Source: The Associated Press

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Consumer Borrowing Down Sharply in May

WASHINGTON -- Consumer borrowing fell again in May, more evidence that Americans remain jittery over their finances and the durability of the economic recovery. (Read more)
Source: The Associated Press

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New GM on Steady Track to IPO as Old GM Fades Out

DETROIT — This weekend, a year since General Motors' split into old GM and new GM, the new GM is barreling toward an IPO, while the old GM languishes in bankruptcy court. (Read more)
Source: USA TODAY

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Chrysler Ends Production of Iconic PT Cruiser

The last PT Cruiser, one of Chrysler's most successful and iconic vehicles, rolls off the assembly line in Mexico today. (Read more)
Source: The Detroit News

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Tesla Recruits Apple Store Exec for Retail Plan

Tesla Motors is looking for inspiration from The Gap and Apple retail stores to create new auto dealerships as it expands its market footprint worldwide. (Read more)
Source: Automotive News

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Opinion: June's Tune: Better Than Last Year

It was better than last year, but still far from good. That assessment can be held in type and hauled out every 30 days to describe sales of cars and light trucks in the United States. It was all too true again in June. (Read more)
Source: Automotive News

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Quotable
 
"In some cases, the automobile markets are recovering much faster than we expected. We aim to continue this upward trend in the second half of the year."

    -- Ian Robertson, head of BMW sales and marketing, on the luxury brand's improving sales, which rose 13% for the first six months worldwide, thanks in large part to growth in Asia, Fortune, July 8

Video Highlights
 

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Savings from HP on a ProBook 4425s Notebook

NADA members can buy HP’s ProBook 4425s notebook for only $619. Add a 20” LCD Monitor and space-saving stand for a total of $972. To see this promotion and all discounted products from HP, visit NADA's PC Purchase Program site (member log in required).


Hot Summer and Hot Savings from Lenovo

The ThinkPad Edge 14" laptop with Intel processor reduced from $984 is now only $591.89 using eCoupon USXSUMMERSAVINGS. NADA Members and their staff can also save an additional 5 percent off the award-winning ThinkPad T410, the Thin and light ThinkPad X201 and the New ThinkPad Edge 14. This offer ends July 31. To see this promotion and all discounted products from Lenovo, visit NADA's PC Purchase Program site (member log in required).


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