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Wednesday, Aug. 11, 2010 RSSSEND TO A FRIENDPRINT
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Top Stories
Dealers Beg for Cars as Automakers' New Discipline Curbs Sales
U.S. Study Points to Driver Error in Many Toyota Crashes
GM Results to Show Gain Over First Quarter
GM Has a Lot Riding on Its Earnings Report
Chrysler Invites 600 Dealers to Apply for Fiat Franchises, Attend Aug. 30 Meeting
Honda to Fix Battery Software in 90,000 Civic Hybrids
Fed, Worried About Recovery, Will Buy US Debt
Top Stories
Dealers Beg for Cars as Automakers' New Discipline Curbs Sales

With Ford, General Motors Co. and Chrysler Group LLC kicking a decades-long habit of building more cars than customers want, dealers are howling that they can’t get enough models to drive sales back to pre-recession levels. (Read more)
Source: Bloomberg

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U.S. Study Points to Driver Error in Many Toyota Crashes

Five months into an investigation of safety issues involving Toyota Motor Corp. vehicles, U.S. safety officials have yet to identify any new defects beyond those reported by the car maker itself. (Read more)
Source: The Wall Street Journal

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GM Results to Show Gain Over First Quarter

General Motors Co is preparing to report second-quarter results that will show a substantial gain over the first quarter in a report it will use to bolster its bid to return to capital markets and pay back taxpayers, two people familiar with the matter said. GM will report second-quarter results on Thursday. (Read more)
Source: Reuters

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GM Has a Lot Riding on Its Earnings Report

This week’s mediocre financial showing by Chrysler should be more than offset by its cross-town rival, General Motors, at least if signals sent by two of its top executives are any indication. (Read more)
Source: MSNBC

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Chrysler Invites 600 Dealers to Apply for Fiat Franchises, Attend Aug. 30 Meeting

DETROIT -- Chrysler Group has invited roughly 600 dealers in 119 U.S. markets to apply for franchises to sell Fiat cars. Dealers who accept the invitation will attend a program called the Fiat Experience on Aug. 30 in Detroit. (Read more)
Source: Automotive News

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Honda to Fix Battery Software in 90,000 Civic Hybrids

Honda Motor Co., Japan’s second- biggest seller of gasoline-electric cars, will fix a software flaw in about 90,000 Civic Hybrids sold in the U.S. that can cause their batteries to wear out sooner than expected. (Read more)
Source: Bloomberg

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Fed, Worried About Recovery, Will Buy US Debt

WASHINGTON -- As recently as two months ago, the Federal Reserve sounded optimistic about the economic recovery. Now the central bank is taking a new step that shows it is clearly more worried, but economists say it probably won't help much. (Read more)
Source: The Associated Press

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Quotable
 
“I couldn’t sleep a year ago because I thought, ‘We have a year’s supply of these cars!’ And now I’m worried about our inventory again because we don’t have enough.”

     -- Beau Boeckmann, vice president of Galpin Ford in Los Angeles, the automaker’s top-selling U.S. store, Bloomberg, Aug. 11

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 NADA 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!

NADA Convention Hotels Are Filling Up Quickly

Online registration for the NADA convention is brisk! The Westin San Francisco Market Street hotel has already sold out and other hotels are filling up quickly. Sign up today and take advantage of the early registration rates before Sept. 10. Click here for registration and hotel information.


 
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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