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Wednesday, Oct. 13, 2010 RSSSEND TO A FRIENDPRINT
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Top Stories
The Confusing Shades of Green Cars
GM, Utilities Pledge Electric-Car Charge Stations
Fed Leans Toward New Aid to Economy
More Ethanol to Be Allowed in Cars
GM CEO Akerson and Treasury's Geithner Meet in New York
GM Extends IPO Deadline for Employees, Dealers, and Retirees
NADA University Unveils Key User Enhancements, Adds Dealership Operations Expert Jeff Sacks to Training Team
Top Stories
The Confusing Shades of Green Cars

The proliferation of green alternatives to the internal combustion engine will compel consumers and car dealers to have more in-depth conversations about the way different cars can be used, and what kind of car they truly need, says Sascha Simon, director of advanced product planning for Mercedes-Benz's U.S. operations. The trouble is, many consumers are confused about those choices. (Read more)
Source: The Wall Street Journal

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GM, Utilities Pledge Electric-Car Charge Stations

General Motors Co and two Michigan utilities on Tuesday pledged to install more than 5,300 charging stations in Michigan as part of an effort to speed the adoption of plug-in hybrids like the upcoming Chevy Volt. (Read more)
Source: Reuters

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Fed Leans Toward New Aid to Economy

Officials thought it unlikely the U.S. economy would fall into recession again, but several were concerned that growth would not be strong enough to reduce unemployment for some time. (Read more)
Source: The Wall Street Journal

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More Ethanol to Be Allowed in Cars

WASHINGTON — The Obama administration plans to allow higher levels of ethanol for gasoline used by newer cars, a step that would benefit corn growers but which has been strongly opposed by auto makers, livestock ranchers, oil refiners and some public-health advocates. (Read more)
Source: The Wall Street Journal

Editor’s note: NADA is concerned about the “backward compatibility” of E-15—that is, the degree to which E-15 might damage older cars and trucks when it is mistakenly pumped into them. The main issue for dealers and their service departments is the possibility of misdiagnosis and repair of vehicles resulting from the use of the wrong fuel.

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GM CEO Akerson and Treasury's Geithner Meet in New York

WASHINGTON — General Motors CEO Dan Akerson (on Tuesday) held an introductory private meeting with U.S. Treasury Secretary Timothy Geithner, said spokesmen for the government and the automaker. (Read more)
Source: Automotive News

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GM Extends IPO Deadline for Employees, Dealers, and Retirees

DETROIT — General Motors Co. said (Tuesday) it has extended the deadline for a program that allows employees and retirees to buy shares at the price of its initial public offering, expected in November. (Read more)
Source: Reuters

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NADA University Unveils Key User Enhancements, Adds Dealership Operations Expert Jeff Sacks to Training Team

McLEAN, Va. – NADA University, the new comprehensive education and training resource for auto dealers and their staffs, announces a series of major enhancements to its learning management system platform and opens access to all automotive industry professionals. (Read more)
Source: NADAFrontPage.com

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Quotable
 
"Most people are waiting for the silver bullet solution. In our mind, there is no silver bullet. You will have choices."

    -- Sascha Simon, director of advanced product planning for Mercedes-Benz's U.S. operations, on the proliferation of green alternatives to the internal combustion engine, The Wall Street Journal, Oct. 13


 
UPCOMING SEMINARS

NADA University's Executive Summit to Improve Online Sales & Marketing in Las Vegas (Oct. 18-20)

ADESA/NADA University Present "Free" 'Industry Insight' Series at ADESA Golden Gate in Tracy, Calif. (Oct. 21)

Webinar: Transitioning to New Model Privacy Notice (Oct. 27)

Advanced Service Management in Cerritos, Calif. (Nov. 1–5)  

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

NADA's 'Dealer Day' Conference at 2010 SEMA Show in Las Vegas (Nov. 3)

Advanced Manage by the Numbers in Cerritos, Calif. (Nov. 8–12)


NADA Convention

2011 Workshop Program Features New 'Online' Track

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Used Car Guide



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NADA Member Wins HP Mini Notebook

Congratulations to D. Ward Drennen, III, of Don Drennen Motor Co Inc. in Birmingham, Ala., the winner of NADA's drawing for an HP Mini Notebook for responding to an e-mail survey on how dealers can make the most of technology. To learn more about discounted HP products go to NADA's PC Purchase Program site (member log in required)

 
Lenovo's Laptop Discounts

NADA members can use eCoupon USXOCTSAVINGS at checkout and save an additional 5% off the sale price of the ThinkPad L Series and the ThinkPad X Series and 10% off the sale price of the X Series Tablet. 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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