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Monday, Oct. 4, 2010 RSSSEND TO A FRIENDPRINT
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Top Stories
GM, Ford, Chrysler Report Jumps in September Auto Sales
Chrysler CEO Marchionne Says 'We're Coming Back'
In Shift, GM Now Pursues Partners
Federal Goal Is 47 to 62 MPG for Cars by 2025
GM Plans New SUVs Ahead of Fuel Goals
Will New Law Loosen Floorplan Lending? Banks Tight-Lipped
Opinion: The Difference Between Banks and Captives
Committed to Community: Alumni Make Donation to Parkersburg High School
Top Stories
GM, Ford, Chrysler Report Jumps in September Auto Sales

Sales in September 2009 had dropped sharply because of the end of the 'cash for clunkers' program.
The auto industry continued along its road to recovery from its worst year in nearly three decades as General Motors Co., Ford Motor Co. and Chrysler Group reported selling more vehicles in September than a year earlier. (Read more)
Source: Los Angeles Times

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Chrysler CEO Marchionne Says 'We're Coming Back'

Chrysler Group LLC Chief Executive Officer Sergio Marchionne said “we’re coming back” after the carmaker reported U.S. sales of more than 100,000 cars for a second month in September. (Read more)
Source: Bloomberg

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In Shift, GM Now Pursues Partners

PARIS — General Motors Co. has begun seeking out potential partnerships and tie-ups with other auto makers in hopes of cutting costs and sharing the burden of developing new technologies. (Read more)
Source: The Wall Street Journal (Subscription required)

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Federal Goal Is 47 to 62 MPG for Cars by 2025

Proposals draw cheers from environmentalists and condemnation from the auto industry.
The Obama Administration took new steps Friday toward fuel standards that would require cars to get 47 to 62 miles per gallon by the year 2025, a move that supports states with aggressive timetables for reducing auto emissions. (Read more)
Source: Los Angeles Times

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GM Plans New SUVs Ahead of Fuel Goals

As the U.S. government on Friday urged auto makers to offer car and light truck fleets that average up to 62 miles a gallon by 2025, government-owned auto maker General Motors Co. said it was speeding production of a new line of big SUVs. (Read more)
Source: The Wall Street Journal (Subscription required)

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Will New Law Loosen Floorplan Lending? Banks Tight-Lipped

If you build a better government floorplan financing program, will banks come? (Read more)
Source: Automotive News

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Opinion: The Difference Between Banks and Captives

The words “General Motors Financial Co. Inc.” ought to be music to the ears of beleaguered GM dealers. When GM completed the acquisition of AmeriCredit Corp. last week and changed its name, the automaker took another step on the road back to having a full-service captive finance company. (Read more)
Source: Automotive News

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Committed to Community: Alumni Make Donation to Parkersburg High School

Parkersburg High School will soon start getting a cash donation every three years, thanks to the gifts of some alumni. Tom and B.J. Hathaway of Superior Toyota, are among the newest (Ambassadors) of the National Automobile Dealers Charitable Foundation. (Read more)
Source: WTAP.com (Parkersburg, W.V.)

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Quotable
 
"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, EPA 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."

   
-- NADA, in response to the Obama administration's announcement Friday on setting new fuel economy mandates, Los Angeles Times, 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



Guides | Data | Integrated Solutions | Analysis


NADA Urges Dealers to Participate in New Safe Driving Campaign

Click here for free materials.


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)


Lenovo’s Laptop Discounts

NADA members and staff can take advantage of Lenovo's October specials. Use eCoupon USXOCTSAVINGS at checkout and save an additional 5% off the sale price of the ThinkPad L Series and the ThinkPad X Series. Save 10% off the sale price of the X Series Tablet. Think Savings. Think Lenovo. This offer expires Oct. 31. To learn more about this offer and other discounted Lenovo products go to NADA's PC Purchase Program site (member log in required)


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