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Tuesday, Nov. 2, 2010 RSSSEND TO A FRIENDPRINT
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Top Stories
U.S. Auto Sales May Reach Fastest Pace in 14 Months for October
Manufacturing Activity Surges in October
G.M. Said to Plan Cut in U.S. Stake by a Third
Virginia Dealer's Lead Narrows in Bid for Congress
Nissan Plans Three More Electric Vehicles for U.S.
Opinion: For EVs, Key Number is Price, Not Range
Ford Bets Big in Digital Marketing Departure
Top Stories
U.S. Auto Sales May Reach Fastest Pace in 14 Months for October

Industrywide deliveries, to be released tomorrow, may have reached an annual rate of 11.9 million vehicles last month, the average of nine analysts’ estimates compiled by Bloomberg. (Read more)
Source: Bloomberg

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Manufacturing Activity Surges in October

WASHINGTON -- Manufacturing activity expanded last month at the fastest pace since May, driven by demand in the United States and abroad for cars, computers and other goods. (Read more)
Source: The Associated Press

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G.M. Said to Plan Cut in U.S. Stake by a Third

General Motors will succeed in shrinking the federal government’s ownership stake to less than 50 percent in a $10.6 billion initial public offering later this month, people briefed on the matter said on Monday. (Read more)
Source: The New York Times 

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Virginia Dealer's Lead Narrows in Bid for Congress

WASHINGTON -- A Virginia dealer's bid for a congressional seat has lost ground and he is now in a dead heat in a recent poll, jeopardizing Republican hopes for a record six auto dealers in the House. (Read more)
Source: Automotive News

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Nissan Plans Three More Electric Vehicles for U.S.

Nissan Motor Co. plans to launch three all-electric vehicles in the United States in the next four years, in addition to the battery-powered Leaf: an electric Infiniti car, a small commercial van and a small urban car. (Read more)
Source: The Detroit News 

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Opinion: For EVs, Key Number is Price, Not Range

Companies that want to sell electric vehicles and plug-in hybrids spend a lot of time talking about range: 50 miles, 75 miles, 100 miles on a charge. Most likely, they're focusing on the wrong number. (Read more)
Source: Automotive News

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Ford Bets Big in Digital Marketing Departure

Forget the Super Bowl: Ford's marketing chief Jim Farley says he can get more for less on Facebook, Twitter and YouTube. (Read more)
Source: Reuters

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Quotable
 
"There appears to be a very good chance that this will be the best seasonally adjusted selling month of the year."

    -- Earl Hesterberg, CEO of Group 1, on how new-vehicle traffic and selling rates in October were better than expected, Bloomberg, Nov. 2

Video Highlights
 

NADA Chairman Ed Tonkin Speaks to the Automotive Press


NADA Convention Chairman Jack Caldwell: Registration Numbers Ahead of Last Year


 
UPCOMING SEMINARS

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

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

MarketINSIGHT Webinar on Social Media ROI (Nov. 16)

To register for NADA U training, sign in to NADA U, then go to the NADA U Store, select “Webinars & Seminars” under “Products,” and follow the ordering instructions.


NADA Convention

‘Aftermarket Zone’ at the NADA Convention Sells Out

The “Aftermarket Zone” at the 2011 NADA Convention & Expo in San Francisco has sold out. The “Aftermarket Zone,” which has doubled in size since debuting at the 2010 convention, will showcase 15 companies in more than 8,000 square feet of booth space. For more information, click here.


Used Car Guide



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