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Top Stories
GM to End 2010 with 4,500 Dealers, More Than Planned
Whitacre Says 1,000 U.S. Dealerships Will Get Makeovers This Year
Obama: U.S. Autos to Rule Again
Treasury Official: We Aim to Simplify Auto Loan Forms for Consumers
GM's Whitacre: AmeriCredit Purchase Will Boost Auto Sales
GM at Work on IPO Filing but Not Ready Yet: CEO
Top Stories
GM to End 2010 with 4,500 Dealers, More Than Planned

Arbitration finishes with about 400 more outlets than planned
TRAVERSE CITY, Mich. -- General Motors Co. will end the year with a dealer network of 4,500 -- about 400 more than the company envisioned in bankruptcy, the automaker said Thursday. (Read more)
Source: The Detroit News

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Whitacre Says 1,000 U.S. Dealerships Will Get Makeovers This Year

TRAVERSE CITY, Mich. -- General Motors Co.'s U.S. dealers are in the midst of the largest dealership facilities makeover in the company's history, CEO Ed Whitacre told the CAR Management Briefing Seminars here (Thursday). (Read more)
Source: Automotive News

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Obama: U.S. Autos to Rule Again

President Barack Obama declared Thursday that the U.S. auto industry is not just rebounding from its problems but on its way to being No. 1 in the world again. (Read more)
Source: Detroit Free Press

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Treasury Official: We Aim to Simplify Auto Loan Forms for Consumers

WASHINGTON -- The Obama administration wants to simplify auto loan forms for consumers over the next few months, a U.S. Treasury Department official said today. (Read more)
Source: Automotive News

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GM's Whitacre: AmeriCredit Purchase Will Boost Auto Sales

TRAVERSE CITY, Mich. -- General Motors Co. Chairman and CEO Edward Whitacre Jr. said (Thursday) the automaker's $3.5 billion acquisition of AmeriCredit, a Texas-based subprime lender, will "substantially" increase the company's sales. (Read more)
Source: The Detroit News

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GM at Work on IPO Filing but Not Ready Yet: CEO

TRAVERSE CITY, Mich. -- General Motors Co has begun work on an initial public offering of stock that could be the largest ever for the U.S. market, the automaker's Chief Executive Ed Whitacre said on Thursday. (Read more)
Source: Reuters

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Quotable
 
"I am convinced that we're going to rebuild not only the auto industry but the economy better and stronger than before. And at its heart is going to be three powerful words: Made in America."

   
-- President Barack Obama declared at a Ford plant in Chicago on Thursday that the U.S. auto industry is rebounding from its problems and on its way to being No. 1 in the world again, Detroit Free Press, August 6


"We want the government out. Period. We don't want to be known as Government Motors."

   
-- General Motors Chairman and CEO Ed Whitacre, who's eager to get out from under government control, says the company expects to sell its stock in one swoop when it offers shares to the public later this year, The Associated Press, August 5

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% off the sale price of ThinkPad T510, ThinkPad L512 and ThinkPad Edge 15 and 10% off the sale price of the ThinkPad W510. Use eCoupon USXBACK2SCHOOL at checkout. This offer expires August 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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