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Top Stories
Opinion: Two Cheers for the Detroit Bailout
Auto Sales May Rise to Highest of Year on U.S. Closeout Deals
'Right to Repair' Bill Fails in Massachusetts
Chrysler Sues Over Letters of Intent
Opinion: Store Terminations Were Ill-Conceived; Time To Move On
Ford Completes Volvo Sale to Geely
Toyota's Jim Lentz to Address 2011 NADA Convention & Expo in San Francisco
Top Stories
Opinion: Two Cheers for the Detroit Bailout
By Paul Ingrassia

The president can take a bow for GM and Chrysler's revival, but that doesn't justify his overreach elsewhere.
Call it a summer surprise. President Barack Obama is touting the success of last year's unpopular auto-industry bailout by visiting a Ford factory in Chicago today after touring General Motors and Chrysler plants in Detroit Friday. (Read more)
Source: The Wall Street Journal

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Auto Sales May Rise to Highest of Year on U.S. Closeout Deals

U.S. auto sales probably rose to the highest level of 2010 last month as model-year closeout deals drew consumers back to showrooms. (Read more)
Source: Bloomberg

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'Right to Repair' Bill Fails in Massachusetts

The latest effort in a decade-long effort to require automakers to turn over diagnostic and software information to auto repair shops and others failed this weekend. The "Right to Repair" bill, which passed the Massachusetts state Senate on July 6, failed to win approval before the state House adjourned Saturday night. Automakers claimed the bill could help make it easier to make cheap replacement parts, and it could end up costing both dealers and automakers. A letter from state Rep. Marty Walsh last month noted that 75 percent of post repair work on automobiles is already performed by repair shops other than dealers. "The actual interests driving this legislation and its corresponding ad campaign are large, aftermarket parts companies looking to expand profits under the guise of consumer protection," said Walsh, D-Boston... (Read more)
Source: The Detroit News

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Chrysler Sues Over Letters of Intent

WASHINGTON -- Chrysler Group has gone to federal court in Michigan seeking legal support for conditions imposed in letters of intent sent to rejected dealers eligible for reinstatement after arbitration. (Read more)
Source: Automotive News

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Opinion: Store Terminations Were Ill-Conceived; Time To Move On

(Read more)
Source: Automotive News

Editor's note: Click here for NADA's Statement on the Treasury watchdog report that examined the auto task force's closures of General Motors and Chrysler dealerships.

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Ford Completes Volvo Sale to Geely

STOCKHOLM — Ford Motor Co. said Monday it has completed the sale of its Swedish Volvo Car unit and related assets to China's Zhejiang Geely Holding Group Co. (Read more)
Source: The Wall Street Journal

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Toyota's Jim Lentz to Address 2011 NADA Convention & Expo in San Francisco

Other speakers: Condoleezza Rice, Capt. Sullenberger and NADA's Tonkin and Wade
WASHINGTON – Jim Lentz, president and chief operating officer of Toyota Motor Sales U.S.A., will be the keynote industry speaker at the National Automobile Dealers Association Convention & Expo in San Francisco next February. (Read more)
Source: NADAFrontPage.com

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Quotable
 
"The president ... shouldn't cite Detroit's revival to justify gross economic overreach. Arrogance and hubris were what brought Detroit to disaster. The Obama administration shouldn't fall into the same trap."

   
-- Paul Ingrassia, a Pulitzer Prize-winning author and columnist, says many Americans see economic stimulus spending that doesn't distinguish between pork and productivity on issues, such as health care, financial regulation and reviving the economy, The Wall Street Journal, August 2
Video Highlights
 

TARP Inspector General Barofsky on Dealer Closures
(MSNBC) 


NADA University: 'We Build Champions'

NADA Marketplace
 


NADA DATA 2010 Now Available




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!


 
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** Mobile broadband requires separately purchased service contract. Check with provider for availability and coverage in your area.
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Lenovo Offers August Specials

NADA members and their staff can now save an additional 5 percent off the sale price of ThinkPad T510, ThinkPad L512 and ThinkPad Edge 15 and 10 percent off the sale price of the ThinkPad W510. Use eCoupon USXBACK2SCHOOL at checkout. This limited-time offer expires Aug. 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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