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Top Stories
US Auto Sales Rise in July, Thanks to Ads, Credit
July Sales: GM's Four Core Brands Up 25%, Ford Up 3%, Toyota Down 3%
Chrysler Group Posts 5% Sales Gain, Keeping Pace with Industry
Video: Tonkin Sees 'Remarkable' Sales Growth at Kia, Hyundai
Toyota Posts $2.2 Billion Profit as Car Sales Recover
Marchionne Will Speak at Chrysler Dealer Meeting for First Time
Ally Financial, the Former GMAC, Reports Net Profit for Second Straight Quarter
Top Stories
US Auto Sales Rise in July, Thanks to Ads, Credit

Summer promotions and easier credit lured shoppers back to car buying last month, a relief to an industry worried about June's sales slowdown. (Read more)
Source: The Associated Press

Editor’s note: The following is a statement from Paul Taylor, NADA chief economist, on July’s new vehicle sales: “Relatively modest fuel prices, better credit availability, restrained but persistent economic growth and stabilizing home values in most markets combined with end of model year incentives were factors that contributed to a sales increase in July.”

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July Sales: GM's Four Core Brands Up 25%, Ford Up 3%, Toyota Down 3%

General Motors' July sales of its four remaining brands shot up 25 percent last month compared with July of last year. (Read more)
Source: The Washington Post

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Chrysler Group Posts 5% Sales Gain, Keeping Pace with Industry

Chrysler Group sales were up 5% to 93,313 cars and truck in July, matching the overall industry pace, and year-to-date sales are up 11%. (Read more)
Source: USA TODAY

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Video: Tonkin Sees 'Remarkable' Sales Growth at Kia, Hyundai

Ed Tonkin, chairman of the National Automobile Dealers Association, talks with Bloomberg TV's Susan Li via satellite from Hong Kong about U.S. auto sales in July and the outlook for the market. Click here to watch the interview. (Read more)
Source: Bloomberg TV

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Toyota Posts $2.2 Billion Profit as Car Sales Recover

Toyota reported a quarterly profit of $2.2 billion, reversing from red ink a year earlier as the world's top automaker benefited from a global sales recovery that offset lingering doubts about the safety of its cars. (Read more)
Source: The Associated Press

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Marchionne Will Speak at Chrysler Dealer Meeting for First Time

DETROIT -- Chrysler Group CEO Sergio Marchionne plans to address dealers en masse for the first time since assuming control of the company after it emerged from bankruptcy in 2009, say Chrysler and dealer sources. (Read more)
Source: Automotive News

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Ally Financial, the Former GMAC, Reports Net Profit for Second Straight Quarter

Ally Financial Inc., formerly GMAC Inc., has strengthened its balance sheet with its second straight quarter of net profits and has an initial public offering within its sights for 2011. (Read more)
Source: Automotive News

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Quotable
 
"The industry recovery continues to be very modest but also continues to be in the right direction."

    -- Bob Carter, a Toyota Motor Corp. group vice president, The Associated Press, August 3
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!


 
Save 45% on the HP ProBook 4520s

Get the HP ProBook 4520s Notebook PC* for just $579 – instant savings of $491. (Search: WZ265UT)  Upgrade for just $170 more and get double the memory, a larger hard drive, built-in GOBI™ wireless broadband** and a free notebook case. (Search: WZ254UT). HP offers FREE online classes with the purchase. Visit HP’s Learning Center for available classes. To learn more about this offer, free U.S. ground shipping*** and other discounted HP products go to NADA's PC Purchase Program site (member log in required).

* Instant savings valid through 10/31/2010 or while supplies last. Limit three per customer. Pricing is subject to change without notice. (U.S. only)
** Mobile broadband requires separately purchased service contract. Check with provider for availability and coverage in your area.
*** All orders must be billed and shipped to a U.S. address. Some restrictions apply.


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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