For optimal viewing through your web browser or PDA, click here.

SPONSORED BY

NADA.org
Tuesday, Oct. 5, 2010 RSSSEND TO A FRIENDPRINT
nada.orgAdvocacyAffiliates | Convention | Jobs | Programs | Publications | Services | Training
Top Stories
Volkswagen Aims at Fast Lane in U.S.
'Stars on Cars' Ratings System Getting Tougher
Auto Dealers to Help Car Shoppers Understand Revised Safety Ratings
Opinion: 60 MPG by 2025? It's Going to be a Big Fight
Toyota Says 65% of Recall Repairs Are Completed
Ford Shows Flagship Lincoln in Overhaul
Opinion: For Good and Bad, Financial Overhaul Law to Affect Many
Top Stories
Volkswagen Aims at Fast Lane in U.S.

HERNDON, Va. — Volkswagen AG has one of the brashest goals in the auto industry—to dethrone Toyota Motor Corp. as the world's largest auto maker. Now, VW is gunning to reconquer lost ground here with a strategy it resisted for decades: tailoring its cars to mainstream American driving tastes. (Read more)
Source: The Wall Street Journal

[back to top]

'Stars on Cars' Ratings System Getting Tougher

WASHINGTON — The Transportation Department is outlining changes Tuesday to the government's 5-Star Safety Rating System that will make it more difficult for new cars and trucks to earn top scores. (Read more)
Source: The Associated Press

[back to top]

Auto Dealers to Help Car Shoppers Understand Revised Safety Ratings

New revisions to DOT’s New Car Assessment Program include side pole crash tests, use of different-sized test dummies, an Overall Ratings Score for frontal, side and rollover test results, and the listing of high-tech crash avoidance systems

WASHINGTON – In response to the federal government’s announcement today of new ratings for 2011 model year vehicles under its enhanced 5-Star Safety Ratings System, the National Automobile Dealers Association (NADA) issued the following statement: “We support the federal government’s efforts to enhance safety information to allow for more informed purchasing decisions by vehicle shoppers." To help avoid confusion at the point of sale, NADA will provide dealers with information on the following key points:

  1. New Car Assessment Program (NCAP) scores for model year (MY) 2011 may be lower than for previous models of the same vehicles, but that does not mean they are less safe.
  2. NCAP scores for MY 2011 and later vehicles should not be compared to those for previous model years.
  3. Overall Ratings Scores reflect a weighted average of the three crash test results. All new vehicles are subject to rigorous Federal Motor Vehicle Safety Standards.
  4. The NCAP label will not be updated until MY 2012. The best source of NCAP information is www.safercar.gov.
  5. Only 50 or so models are NCAP tested in a given model year. Test results are made public as they become available.
Source: NADAFrontPage.com

[back to top]

Opinion: 60 MPG by 2025? It's Going to be a Big Fight
By Jim Motavalli

The EPA and the Department of Transportation dropped the other shoe Friday, announcing a framework for long-range, much tougher fuel economy/greenhouse gas 2017-2025 standards for cars and trucks that build on the 35.5 mpg for 2016 announced just last May. Auto dealers called the new proposals a rush to judgment prodded by over-ambitious California regulators, but a coalition of environmental groups is already campaigning hard for a holy grail 60-mpg standard. (Read more)
Source: BNET

[back to top]

Toyota Says 65% of Recall Repairs Are Completed

DETROIT — Toyota said on Monday that the rate of complaints about sudden acceleration had fallen 80 percent since April and that dealers had repaired 3.7 million of the six million vehicles in the United States covered by its two biggest recalls. (Read more)
Source: The New York Times

[back to top]

Ford Shows Flagship Lincoln in Overhaul

DETROIT — Ford Motor Co is developing a flagship, large sedan that harkens back to the Continental as part of its effort to overhaul the lagging Lincoln brand, two dealers briefed on the plans said on Monday. (Read more)
Source: Reuters

[back to top]

Opinion: For Good and Bad, Financial Overhaul Law to Affect Many
By Jeremy J. Siegel

The Dodd-Frank financial overhaul law is designed to stabilize the economy and the financial system. But it's likely to affect individual investors for decades in ways both good and bad. (Read more)
Source: The Washington Post

[back to top]

 
Quotable
 
"Of lesser importance to financial stability is the creation of the much-ballyhooed Consumer Financial Protection Bureau. Consumer protection was really not an issue in the last crisis and, to be truthful, existing agencies had the power to issue most of the regulations assigned to this new bureau."

    -- Columnist Jeremy J. Siegel, a professor at the University of Pennsylvania's Wharton School, referring to the Dodd-Frank financial overhaul law, The Washington Post/Kiplinger's Personal Finance, Oct. 3


 
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)


Search Back Issues | Unsubscribe | Subscribe | Manage your subscription | email us
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.