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Monday, July 12, 2010 RSSSEND TO A FRIENDPRINT
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Top Stories
Democrats Corral Votes on Bank Bill
Auto Safety Bill is Scaled Back in Face of Industry Opposition
Toyota's Toyoda Seeks to Rebuild Trust After Recalls
NADA Used Car Guide: Despite Month-Over-Month Softness, Overall Strength in Used Prices Continue
It's Official: Buyers Downsized
Car Dealers See How to Seal Deal with Secret Shopper Study
Dealers Wonder: Is Fiat Worth the Investment?
Top Stories
Democrats Corral Votes on Bank Bill

WASHINGTON — Final passage of sweeping legislation to overhaul the nation’s financial regulatory system is now a question of when — not if — according to Senate Democrats. (Read more)
Source: The New York Times

Editor’s note: Under the final conference report, all auto loans will come under the new consumer financial protection agency’s jurisdiction and all auto finance sources are covered by the financial reform bill. Auto dealers will continue to be regulated effectively by the Federal Trade Commission, Federal Reserve and state consumer protection agencies. For more information, visit www.nada.org/KeepCreditAffordable.com.

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Auto Safety Bill is Scaled Back in Face of Industry Opposition

The sweeping legislation that grew out of Toyota Motor Corp.'s sudden-acceleration crisis — heralded as the most important auto safety bill in a decade — has been scaled back significantly in the face of auto industry opposition. (Read more)
Source: Los Angeles Times

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Toyota's Toyoda Seeks to Rebuild Trust After Recalls

Toyota Motor Corp. is focused on restoring customer confidence as the world’s biggest automaker revamps quality control efforts following its worst recall crisis, President Akio Toyoda said. (Read more)
Source: Bloomberg

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NADA Used Car Guide: Despite Month-Over-Month Softness, Overall Strength in Used Prices Continue

McLEAN, Va. — While the overall state of used-vehicle pricing was still rather healthy, there were numerous month-over-month value declines across various segments during June, some more pronounced than others, according to NADA Used Car Guide. (Read more)
Source: AutoRemarketing

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It's Official: Buyers Downsized

As Americans emerge from recession, they are buying much different vehicles than they did before the crash: smaller, more fuel-efficient, less ostentatious. (Read more)
Source: Automotive News

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Car Dealers See How to Seal Deal with Secret Shopper Study

A host of mystery shoppers sent to critique dealerships across the country gave luxury brands such as Mercedes-Benz and Lexus high marks and put Ford and Lincoln above the industry average. The study of dealerships, to be released today, also found that fewer salespeople offer vehicle brochures that customers can take home. (Read more)
Source: Detroit Free Press

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Dealers Wonder: Is Fiat Worth the Investment?

If dealer Carl Galeana is offered a Fiat franchise, he has the perfect place to put it: in one of his two Detroit area Saturn dealerships or in a spare building he owns at his Chrysler-Dodge-Jeep store in Fort Myers, Fla. For those without empty spaces, the decision is a lot tougher -- especially since it's not yet clear what Chrysler is demanding. (Read more)
Source: Automotive News

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Quotable
 
"Used-car prices for the year still remain positive as 2010 has shown a continuation of the huge gains witnessed during 2009, albeit in milder form."

    -- Jonathan Banks, senior director of editorial and data services for NADA Used Car Guide, noting that while the overall state of used-vehicle pricing is still rather healthy, there were numerous month-over-month value declines in June, AutoRemarketing, July 12

Video Highlights
 

Charitable Foundation's Mallon on Dealers Giving Back (Comcast Newsmakers)
NADA Marketplace
 

NADA University: 'We Build Champions'

 

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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