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Top Stories
Administration's Fuel Economy Announcement Raises NADA's Concern about Vehicle Affordability for Consumers
Paris Motor Show a Key Test for Detroit's Big 3
Fiat Picks Ally Financial for U.S. Dealer Loans
New-Model-Year Kickoff May Bruise Used-Car Prices
NADA Used Car Guide's Online Product Optimized for Smartphone
Saab CEO Sees Long Road Ahead to Win Back U.S. Buyers
Opinion: Why We Could Be Driving Fiestas
Top Stories
Administration's Fuel Economy Announcement Raises NADA's Concern about Vehicle Affordability for Consumers

WASHINGTON – In response to the Obama administration’s announcement today on setting new fuel economy mandates for the 2017-2025 Model Year, the National Automobile Dealers Association (NADA) issued the following statement:

“America’s franchised auto dealers have long supported fuel economy improvements.

“Less than five months ago, the administration issued the most expensive fuel economy mandates ever, estimated to cost industry and consumers over $50 billion. Now, before the ink has barely dried on those as yet unimplemented rules, the U.S. Department of Transportation, Environmental Protection Agency and the State of California have decided to launch a new and far more costly set of fuel economy mandates that would require light-duty cars and trucks to achieve up to 62 mpg on average by 2025. Why the rush? Apparently, California regulators are once again threatening the administration with an unworkable patchwork of state-by-state standards at the expense of one national standard premised on sound analysis.  

“For many Americans, the prospect of being priced out of the car market means being driven out of the job market, so a primary concern for our members is the affordability of basic transportation for Americans. Preventing further job loss, preserving consumer choice and affordability, and improving safety should be primary factors in setting any fuel economy standard.”
Source: NADAFrontPage.com 

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Paris Motor Show a Key Test for Detroit's Big 3

Detroit automakers hope to gain bigger share in Europe while testing brands for U.S.
Detroit's carmakers hope what plays in Paris, France, also sells in Paris, Texas. As the Paris Motor Show (kicked) off (Thursday) with a media preview, Ford Motor Co., General Motors Co. and Chrysler Group LLC will roll out a variety of vehicles, including some that will play important roles back home in North America. (Read more)
Source: The Detroit News

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Fiat Picks Ally Financial for U.S. Dealer Loans

Ally Financial has been chosen as the preferred financing company for the purchase of Fiat vehicles in the United States, Chrysler Group LLC announced (Thursday). (Read more)
Source: The Detroit News

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New-Model-Year Kickoff May Bruise Used-Car Prices

Beefed-up used-car values of late are expected to lose a little muscle, as the start of the '11 model year brings new cars to the center of the ring. Expect a slight depreciation in used-car values as the auto industry heads into the new-model year, says Jonathan Banks, executive automotive analyst with the NADA Used Car Guide. (Read more)
Source: WardsAuto.com

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NADA Used Car Guide's Online Product Optimized for Smartphone

"NADA Online," the premier 24/7 online product for valuations of used cars and trucks from NADA Used Car Guide, has been optimized to work on Smartphones, including iPhones, iPads, Androids and Palm Pre/Pixies, at no extra cost to subscribers. “This new feature gives dealers and auction-goers quick, easy and clear mobile access to all the key information they need to make well-informed buying and selling decisions on the go,” said Mike Stanton, vice president and chief operating officer of NADA Used Car Guide. (Read more)
Source: NADAFrontPage.com

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Saab CEO Sees Long Road Ahead to Win Back U.S. Buyers

PARIS -- Saab Automobile CEO Jan Ake Jonsson says it will take longer than anticipated to gain the hearts, minds and eventually the wallets of U.S. car buyers. (Read more)
Source: Automotive News

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Opinion: Why We Could Be Driving Fiestas
By Joseph B. White

The new Ford Fiesta is a perky subcompact four-cylinder car that with the right transmission option can get an impressive 40 miles to the gallon on the highway. It also might represent the future of the American car, particularly if California succeeds in its push to make cars two to three times more fuel efficient by 2025 than they were in 2009. (Read more)
Source: The Wall Street Journal

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Quotable
 
"America's franchised auto dealers have long supported fuel economy improvements. For many Americans, the prospect of being priced out of the car market means being driven out of the job market, so a primary concern for our members is the affordability of basic transportation for Americans."

   
-- NADA in response to the Obama administration’s announcement today on setting new fuel economy mandates for the 2017-2025 Model Year, NADAFrontPage.com, Oct. 1

 
UPCOMING SEMINARS

NADA University Seminars Coming to California
   - Advanced Parts & DMS Management (Oct. 11–15)
   - Advanced Service Management (Nov. 1–5)
   - Advanced Manage by the Numbers (Nov. 8–12)
 

NADA University Sponsors Executive Summit to Improve Online Sales & Marketing (Oct. 18-20)


Transitioning to New Model Privacy Notice
(Oct. 27)

The New Risk-Based Pricing Rule (Nov. 3)


NADA Convention

2011 Workshop Program Features New 'Online' Track

Among the 10 different tracks of workshops being offered at the 2011 NADA Convention & Expo is a new, rich “Online Presence” track featuring nine workshops that provide the nuts-and-bolts needed to address a gamut of Internet applications. Workshops will include top speakers from Google, DrivingSales, JD Power and Associates, AutoTrader, ActivEngage and more. The workshop program kicks off on Friday, Feb. 4, with sessions at 1:30 p.m. and 3:15 p.m.

For timely updates, find us on Facebook, Twitter and LinkedIn!


Used Car Guide



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NADA Urges Dealers to Participate in New Safe Driving Campaign

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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®). 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).


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NADA For more information on NADA, visit www.nada.org or contact NADA, 8400 Westpark Drive, McLean, VA 22102. This email may contain an advertisement of NADA products and services. Any opinions or statements contained herein do not necessarily reflect the views of NADA. Factual errors are the responsibility of the listed publication. If you are a franchised new-car or -truck dealer and would like to become a member of NADA, please visit the Join NADA section of www.nada.org. Questions or comments concerning NADA Headlines content may be directed to media@nada.org.