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Top Stories
Audi Sees Significant Earnings Increase
Group 1 Automotive Profit Beats Street Forecast
Chrysler's Product Plan: Tweaks, Then Tidal Wave
2011 Ford Explorer: Icon Drives Into New Era
Republicans and the U.S. Chamber Target New Tax-Reporting Rule in Health Law
GM Draws Washington Scrutiny Over Purchase of Subprime Lender
GM to Price Chevy Volt Extended Range Electric Car at About $40,000
Nissan Recalls 51,100 Hatchbacks Over Fuel Spills
Women Shoppers Give Chrysler Dealers a Pat on the Back
Top Stories
Audi Sees Significant Earnings Increase

MUNICH — Audi AG will report a "very significant" year-to-year rise in second-quarter earnings, fueled by stronger car sales, and plans to offer more concrete full-year sales guidance on Friday, the German luxury car maker's chief executive, Rupert Stadler, said late Monday. (Read more)
Source: The Wall Street Journal

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Group 1 Automotive Profit Beats Street Forecast

DETROIT -- Group 1 Automotive, the No. 4 U.S. dealership group, on Tuesday posted a second-quarter profit that beat Wall Street expectations as auto sales continued a slow rebound. (Read more)
Source: Reuters

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Chrysler's Product Plan: Tweaks, Then Tidal Wave

Chrysler Group's product renaissance is a drama in two acts. First, the company is breathing new life into its existing lineup. The critical second phase starts at the end of this year when the Fiat 500 minicar arrives, followed by a wave of Chrysler, Dodge, Jeep and Ram vehicles based on Fiat platforms. (Read more)
Source: Automotive News

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2011 Ford Explorer: Icon Drives Into New Era

There are three living icons at Ford Motor Co.: The Mustang, the F-150 and the Explorer. Perhaps that's why the debut of the 2011 Ford Explorer spanned nine cities, countless tweets and a nearly endless video run on Facebook. (Read more)
Source: The Detroit News

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Republicans and the U.S. Chamber Target New Tax-Reporting Rule in Health Law

Sen. Mike Johanns (R-Neb.) this week continued his push to eliminate a controversial tax-reporting provision of the new healthcare reform law, vowing to offer his repeal bill at every turn. (Read more)
Source: The Hill

Editor's Note: NADA earlier this month joined numerous other business organizations on a letter (attached) to Senator Johanns supporting his effort to repeal the new 1099 form requirement.

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GM Draws Washington Scrutiny Over Purchase of Subprime Lender

While GM plans to use its new lending arm to write auto leases and provide a “modest” boost in subprime loans, U.S. Senator Chuck Grassley asked the watchdog of the government’s bank-rescue program to investigate the purchase. (Read more)
Source: Bloomberg

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GM to Price Chevy Volt Extended Range Electric Car at About $40,000

General Motors Co. plans to sell its Chevrolet Volt electric car for about $40,000, according to several news reports. (Read more)
Source: Automotive News

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Nissan Recalls 51,100 Hatchbacks Over Fuel Spills

WASHINGTON -- Nissan is recalling 51,100 of its Cube hatchbacks in the United States and Canada because of possible problems with fuel spilling during rear end collisions. (Read more)
Source: The Associated Press

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Women Shoppers Give Chrysler Dealers a Pat on the Back

Women-Drivers.com ranked Jeep dealers No. 2 overall in its semi-annual report of Top Auto Brands as rated by women's dealership reviews. (Read more)
Source: Automotive News

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TARP Inspector General Barofsky on Dealer Closures
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Online Registration for 2011 Convention & Expo Now Open!

Early registration and housing for the 2011 NADA Convention & Expo is officially open! Join your peers in San Francisco, Feb. 5-7. There are many new and exciting workshops, speakers and exhibitors. 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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