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Top Stories
Detroit Goes From Gloom to Economic Bright Spot
GM IPO Seen as Victory for Obama on Auto Bailout
Whitacre Got a Bureaucratic Company to Move Quickly -- Now New Boss Akerson Needs to Create a Vision
Chrysler Dealer Meeting: Metal Detectors, Ban On Electronics
Suzuki Buys Out 50 Dealers
Mazda Recalls More Than 200,000 Mazda3, Mazda5 Models
Committed to Community: As Business Improves, Dealers Increase Their Giving
Top Stories
Detroit Goes From Gloom to Economic Bright Spot

DETROIT — After a dismal period of huge losses and deep cuts that culminated in the Obama administration’s bailout of General Motors and Chrysler, the gloom over the American auto industry is starting to lift. (Read more)
Source: The New York Times

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GM IPO Seen as Victory for Obama on Auto Bailout

WASHINGTON -- General Motors Co standing on its own again in the capital markets would be a victory for President Barack Obama as he begins to trumpet auto bailouts as a policy success ahead of the November elections. (Read more)
Source: Reuters

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Whitacre Got a Bureaucratic Company to Move Quickly -- Now New Boss Akerson Needs to Create a Vision

DETROIT -- Ed Whitacre's short tenure as CEO of General Motors Co. ended fast. And "fast" is what his tenure will be known for. Decide fast, he exhorted GM's executives. And at much of today's GM, speed rules. New CEO Daniel Akerson, 61, is expected to continue that tempo as he prepares to take the company public. (Read more)
Source: Automotive News

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Chrysler Dealer Meeting: Metal Detectors, Ban On Electronics

In September, Chrysler Group will be laying down the law when it comes to a big dealer meeting taking place in Orlando. The organization is preparing to share plans for future models and dealers have been told to leave all cell phones, video equipment and cameras in their hotel rooms. Metal detectors will also be used at the show’s entrance for a little extra security. (Read more)
Source: The Wall Street Journal

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Suzuki Buys Out 50 Dealers

Brand cuts low-volume dealerships, says no more cuts ahead
About 50 Suzuki dealers have accepted buyout offers from the company in the past five months as part of a plan to cut the brand's worst-performing stores. (Read more)
Source: Automotive News

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Mazda Recalls More Than 200,000 Mazda3, Mazda5 Models

MONTEREY, Calif. -- Mazda Motor Co. is recalling more than 200,000 Mazda3 and Mazda5 vehicles from the 2007-2009 model years because of faulty power-assist steering pumps and pipes. (Read more)
Source: Automotive News

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Committed to Community: As Business Improves, Dealers Increase Their Giving

Rejuvenated profits are good news for marching bands, kids' sports
Many dealers donate through the National Automobile Dealers Charitable Foundation. Since the National Automobile Dealers Association established the foundation in 1975, it has donated more than $10 million to educational, health care and emergency relief programs, says Bob Mallon, a former Ford dealer from Tacoma, Wash., and chairman of the foundation board. (Read more)
Source: Automotive News

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Quotable
 
"What's come out of this crisis is a realization that the interests of both sides are aligned."

    -- Harley Shaiken, a labor professor at the University of California, Berkeley, said of workers and management at General Motors and Chrysler, The New York Times, Aug. 13
Video Highlights
 

TARP Inspector General Barofsky on Dealer Closures
(MSNBC) 


NADA University: 'We Build Champions'

NADA Marketplace
 


NADA DATA 2010 Now Available




NADA Convention Hotel Rooms Are Selling Out!

Online registration for the NADA convention is brisk! The Westin Market Street and W hotels have already sold out. The Fairmont, InterContinental and Ritz-Carlton hotels are close to selling out and others 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. For daily updates, find us on Facebook, Twitter and LinkedIn!



 

Save 45%1 on the HP ProBook 4520s

Get the HP ProBook 4520s Notebook PC for just $579 – instant savings of $459. (Search: WZ265UT)  (T&C) Upgrade for just $170 more and get double the memory, a larger hard drive, built-in GOBI™ wireless broadband2 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 shipping3 and other discounted HP products go to NADA's PC Purchase Program site (member log in required).

1 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)

2 Mobile broadband requires separately purchased service contract. Check with provider for availability and coverage in your area.

3 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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