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Top Stories
Critics Blast Study Feds Used to Justify Dealer Cuts
Closing Mercury Will Cost Ford Nearly $500 Million, CFO Says
Ford Asks Buyers to Pay More for Smaller Engine in New Explorer
Mass. 'Right to Repair' Bill Could Cause Ripples in Auto Shop Market
Next Big Battle in Washington: Bush's Tax Cuts
Audi RS5 to Arrive in U.S. in 2012
Chrysler CEO: Stock Move to Come in 2011
Opinion: Dealerships Are Important? Now We Know
Top Stories
Critics Blast Study Feds Used to Justify Dealer Cuts

Montana is the nation's fourth-largest state in land area and one of the least populated. It also has relatively few car dealerships. But this unusual market was the setting for the federal auto task force's research on dealership closings and their impact on local communities. A government watchdog criticized the study last week in its review of the terminations. (Read more)
Source: Automotive News

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Closing Mercury Will Cost Ford Nearly $500 Million, CFO Says

DETROIT -- Ford Motor Co. could spend nearly $500 million to shutter its Mercury brand, CFO Lewis Booth said. (Read more)
Source: Automotive News

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Ford Asks Buyers to Pay More for Smaller Engine in New Explorer

When Ford Motor Co. starts selling its re-engineered Explorer sport-utility vehicle, it will ask U.S. buyers to do something unusual: Pay more for less. (Read more)
Source: Bloomberg

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Mass. 'Right to Repair' Bill Could Cause Ripples in Auto Shop Market

WASHINGTON -- In a battle joined by dealers, unions, auto parts companies and repair shops, automakers are battling a bill that would require them to disclose all the diagnostic and software they provide to dealerships. (Read more)
Source: The Detroit News

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Next Big Battle in Washington: Bush's Tax Cuts

WASHINGTON — An epic fight is brewing over what Congress and President Obama should do about the expiring Bush tax cuts, with such substantial economic and political consequences that it could shape the fall elections and fiscal policy for years to come. (Read more)
Source: The New York Times

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Audi RS5 to Arrive in U.S. in 2012

NEW YORK -- Ending months of speculation, Audi’s North America chief executive, Johan de Nysschen, revealed on Friday that the German automaker would begin delivery of its RS5 to North American dealerships in early 2012. (Read more)
Source: The New York Times

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Chrysler CEO: Stock Move to Come in 2011

Chrysler will watch General Motors' stock sale closely but won't move forward with its own initial public offering until sometime in 2011, CEO Sergio Marchionne said Saturday. (Read more)
Source: Detroit Free Press

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Opinion: Dealerships Are Important? Now We Know

You just knew there would be a flap when a government watchdog criticized the Obama administration's role in pushing General Motors and Chrysler to whack more than 2,200 dealerships quickly. Clearly, somebody missed the point because everybody knows how important dealerships are when it comes to moving the factory's iron. Or they should know. (Read more)
Source: Automotive News

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Quotable
 
“We really want to make a statement that the old baggage on fuel economy with the Explorer is gone.”

    -- Jim Holland, chief engineer of the redesigned 2011 Ford Explorer, which features a small, 4-cylinder engine, Bloomberg, July 26

Video Highlights
 

Tonkin: Dealers Made the Difference on Financial Reform (NADA-TV)


TARP Inspector General Barofsky on Dealer Closures (MSNBC) 


NADA University: 'We Build Champions'

NADA Marketplace
 


Online Registration for 2011 Convention & Expo Now Open!

We are pleased and excited to announce that early registration and housing for the 2011 NADA Convention & Expo is officially open! Come join your peers in beautiful San Francisco, Feb. 5-7. We have so many new and exciting workshops, speakers and exhibitors we can’t wait to show you. Click here to register. For daily updates, find us on Facebook, Twitter, and LinkedIn!


 

Pay Only $499 for the HP Pro 3005

The HP Pro 3005 is designed to change with your business. Available ports, slots, and bays allow you to configure your PC to meet your needs today and then expand your capabilities when the time is right.  To see this promotion and all discounted products from HP, visit NADA's PC Purchase Program site (member log in required).


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