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Tuesday, Aug. 31, 2010 RSSSEND TO A FRIENDPRINT
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Top Stories
U.S. Wants Report Card for Cars
Chrysler Seeks Fiat Dealerships in 165 U.S. Locations at Launch
U.S. Auto Sales May Hit 28-Year Low in August as Discounts Flop
No Deal: Buyers Will See Fewer Discounts for Cars
Rise in Car Sales, Consumer Spending Questioned
Top Stories
U.S. Wants Report Card for Cars

System Would Rate Fuel Economy, Emissions; Industry Says Government Veers Into Issuing Opinions

WASHINGTON — The government proposed labeling each new passenger vehicle with a letter grade from A to D based on its fuel efficiency and emissions, part of a broader effort by the Obama administration to promote electric cars and other advanced-technology vehicles. (Read more)
Source: The Wall Street Journal

Editor's Note: NADA opposes changes that would: (1) confuse the buying public; (2) make vehicle purchasing decisions more difficult; or (3) treat certain automakers or fuel types unfairly. NADA also believes that the Department of Transportation and EPA should avoid label changes that could result in a difficult transition period or that would not be "backward compatible." (By “backward compatible,” we mean that fuel economy information should be useful to car buyers shopping between new vehicles of different model years, between new and used vehicles, or between used vehicles of different model years.)

During the 60-day public comment period for the proposal, NADA will likely oppose any proposed label design that would mandate a letter grade for a vehicle’s overall fuel economy and greenhouse gas emissions performance. Instead, NADA will concentrate on the proposal’s second option, which retains the current label’s focus on miles per gallon and annual fuel costs, while updating its overall design and adding new comparison information on fuel economy and vehicle emissions. NADA does not support a mandate for the display of upstream emissions information associated with electricity generation or fuel refining.

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Chrysler Seeks Fiat Dealerships in 165 U.S. Locations at Launch

DETROIT — Chrysler Group dealers who initially get Fiat franchises will be expected to start with small showrooms — 2,500-3,000 square feet — enough to display three or four cars. Such a small showroom will be sufficient to sell the Fiat 500 minicar, which will arrive in dealerships at the end of this year. (Read more)
Source: Automotive News

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U.S. Auto Sales May Hit 28-Year Low in August as Discounts Flop

U.S. auto sales in August probably were the slowest for the month in 28 years as model-year closeout deals failed to entice consumers concerned the economy is worsening and they may lose their jobs. (Read more)
Source: Bloomberg

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No Deal: Buyers Will See Fewer Discounts for Cars

DETROIT — For years, Americans shopping for cars were treated to all sorts of deals and incentives, especially at the end of summer. Think Cash for Clunkers, which paid up to $4,500, or promotions that offered employee discounts to everyone. Those days are over. (Read more)
Source: The Associated Press

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Rise in Car Sales, Consumer Spending Questioned

At first blush, a government report released Monday appeared to offer hope to the nation's struggling auto industry: New-car sales in July fueled an uptick in consumer spending, which had been wheezing for three straight months. But a closer look at those car sales raises questions about whether the auto market - and consumer spending as a whole - are indeed on an upward arc or whether they are just treading water. (Read more)
Source: The Washington Post

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Quotable
 
"The proposed letter grade falls short because it is imbued with school-yard memories of passing and failing."

    — Dave McCurdy, president of the Alliance of Automobile Manufacturers, on a new government proposal to label each new passenger vehicle with a letter grade from A to D based on its fuel efficiency and emissions, The Wall Street Journal, Aug. 30

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NADA University: 'We Build Champions'
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Experient, Inc. is the NADA Convention’s Official Housing Bureau; Beware of Imitators

Experient, Inc., through an arrangement with NADA, is the official housing bureau for the 2011 NADA Convention & Expo in San Francisco. If you’re planning to register for the convention and reserve a hotel room, visit NADAConventionandExpo.org. NADA has NOT authorized any other organization or company to make hotel reservations for the convention. Emails, phone calls or other communications from HDMC Group or any other third parties offering hotel reservations or other convention services in San Francisco are not authorized by NADA. For daily updates, find us on Facebook, Twitter and LinkedIn!



 

Save with HP’s Trade-in Program

It pays to trade – any product, any brand. Purchase a new HP product and get cash back – up to $100! NADA members can also save $76 on the HP Compaq 6005 Pro Ultra-Slim Desktop with additional memory. This desktop comes with a three-year warranty on parts, labor, and on-site service. To learn more about this offer and other discounted HP products go to NADA's PC Purchase Program site (member log in required).


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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