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Thursday, Sept. 9, 2010 RSSSEND TO A FRIENDPRINT
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Top Stories
Beige Book: Dealers Enjoy Fairly Strong Results
Ford Says 2010 Car Market May Expand as Much as 10%
Hyundai Unveils Its First Electric Car
New GM CEO Wants Automaker to Beat BMW
Chrysler Expands Lease Offers Under New Pact with U.S. Bank
NADA Guides' New iPhone Site Enables Car Shoppers to Find, Price Vehicles
'Early' Registration Discount for NADA Convention Ends in Two Days
Feature: Chrysler's Speed Merchant
Top Stories
Beige Book: Dealers Enjoy Fairly Strong Results

WASHINGTON — Reporting good news on the auto dealer front, the Federal Reserve said Wednesday in its latest Beige Book report that new-vehicle sales for the majority of its 12 districts were relatively steady or showed a modest uptick and that a positive outlook abounds. (Read more)
Source: AutoRemarketing

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Ford Says 2010 Car Market May Expand as Much as 10%

Ford Motor Co., the second-biggest U.S. carmaker, said the global automotive market will expand by 5 percent to 10 percent in 2010 as the worldwide economic recovery takes hold. (Read more)
Source: Bloomberg 

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Hyundai Unveils Its First Electric Car

Hyundai Motor, South Korea's No. 1 carmaker, unveiled its first pure electric car on Thursday, with a goal of commencing mass production of the vehicles in 2012. (Read more)
Source: Reuters 

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New GM CEO Wants Automaker to Beat BMW

Former telecommunications executive Daniel Akerson, in his first webcast to employees since taking over as CEO Sept. 1, said the company needs to go into "attack mode" to stay ahead of rivals, according to a worker who watched the speech on Wednesday. (Read more)
Source: The Associated Press

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Chrysler Expands Lease Offers Under New Pact with U.S. Bank

DETROIT — Chrysler Group has taken another step toward reviving its leasing business by signing an agreement to offer leasing through US Bank. Dealers now can offer customers two leasing options: U.S. Bank and Ally Financial. (Read more)
Source: Automotive News

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NADA Guides' New iPhone Site Enables Car Shoppers to Find, Price Vehicles

Users of the free iPhone site will be able to build and price new cars with options and research used-car pricing and information from a hand-held device, NADA Guides said. (Read more)
Source: Automotive News

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'Early' Registration Discount for NADA Convention Ends in Two Days

Housing is filling up quickly; Five hotels already sold out

Discounted “early” registration rates for the 2011 NADA Convention & Expo in San Francisco will be available only until midnight (central time), Friday, Sept. 10. After this date, advance/pre-registration rates will go into effect and increase $25 in each category. (Read more)
Source: NADAFrontPage.com

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Feature: Chrysler's Speed Merchant

At first glance Fiat-Chrysler CEO Sergio Marchionne could pass for a humanities teacher at a small liberal arts college. Initial impressions can be misleading. No bohemian, Marchionne, 58, collects fine Swiss watches and owns several Ferraris. And while his heart may be in academia, his head is ruled by business. (Read more)
Source: Fortune

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Quotable
 
"The only way to become a great company is to get better."

    — Daniel Akerson, General Motors Co.'s new CEO, urging employees Wednesday to "be on the attack" against rival auto companies, The Detroit News, Sept. 9


 
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Save 42% on HP Laptop

NADA members and staff can save $554 instantly on the HP ProBook 4520s Notebook PC (Energy Star®). This offer is available while supplies last. This special offer also includes the HP Prof Slip Case. Need a desktop? Save on the HP Compaq 500B Microtower for only $519. And the Compaq S2021 20-inch widescreen LCD monitor is only $130. To learn more about this offer and other discounted HP products go to NADA's PC Purchase Program site (member log in required).

September Specials from Lenovo

NADA members and their staff can save even more with Lenovo's September specials. Save on Essential laptops from Lenovo. Use eCoupon USXSEPTSAVINGS at checkout and save an additional 5 percent off the sale price of the T510 and Edge and 10 percent off the sale price of the W701. Think Savings. Think Lenovo. This offer expires Sept. 30. To learn more about this offer and others go to NADA's PC Purchase Program site (member log in required).


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