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Tuesday, Nov. 9, 2010 RSSSEND TO A FRIENDPRINT
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Top Stories
Advance Registration for the NADA Convention Up 14%
Chrysler CEO Says 'Successful Transformation' Is Under Way
Dealers Urged to Help Small Business Owners Reap Tax Benefits
GM Lays Off Mr. Goodwrench
Ford CEO's Vow: We'll Rebuild Lincoln Lineup
NADA AppraisalPRO Optimized for Smartphone
Dallas-Area Auto Dealerships Bolster Internet Sales Staffs Amid Boom in Online Business
Top Stories
Advance Registration for the NADA Convention Up 14%

Expo floor has sold out and 12 hotels are already completely booked

McLEAN, Va. – New-car and truck sales aren’t the only thing that’s surging this fall. The growing level of interest in the NADA Convention & Expo in San Francisco, Feb. 5 to 7, is another sign that the auto industry is making a comeback. (Read more)
Source: NADAFrontPage.com

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Chrysler CEO Says 'Successful Transformation' Is Under Way

Chrysler Group LLC, the U.S. automaker operated by Fiat SpA, has laid the “groundwork for a successful transformation,” the companies’ chief executive officer said (Monday). (Read more)
Source: Bloomberg

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Dealers Urged to Help Small Business Owners Reap Tax Benefits

Dealers are urged to let local small business owners know they can deduct taxes on new- and used-vehicle purchases. The maximum deduction for cars bought and placed in use before Dec. 31 is $11,060. After that, the cap drops to around $3,000. For more on how your sales staff can help customers understand these tax benefits, click here.
Source: NADAFrontPage.com

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GM Lays Off Mr. Goodwrench

NEW YORK -- General Motors has given the tall, hunky Mr. Goodwrench his walking papers, announcing it would drop the Goodwrench name on its dealership auto service and repair programs. Instead, in more traditional fashion, dealership service customers will be treated to Chevrolet, Buick, GMC or Cadillac Certified Service. (Read more)
Source: CNNMoney.com

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Ford CEO's Vow: We'll Rebuild Lincoln Lineup

Alan Mulally wears his heart on his sleeve. Well, sort of. He does wear the word "Ford" embroidered on the cuff of his white dress shirts. "My dream is you'll walk away and believe I'm about accelerating Henry Ford's original position," Mulally says. (Read more)
Source: Automotive News

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NADA AppraisalPRO Optimized for Smartphone

Enhancement is another step to increase access to NADA Used Car Guide products

McLEAN, Va. – NADA Used Car Guide announces that NADA AppraisalPRO® has been optimized to work on Smartphones, including iPhones, iPads, Androids and Palm Pre/Pixies, in another step to provide clear mobile access to its products. (Read more)
Source: NADAFrontPage.com

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Dallas-Area Auto Dealerships Bolster Internet Sales Staffs Amid Boom in Online Business

A few years ago, most dealerships' Internet sales departments were stuffed into gloomy backrooms so showroom space could be reserved for shiny new cars and trucks. But as consumers continue to text and tweet and Google, Internet sales are getting a lot more visibility and priority, competing equally at some dealerships with traditional salespeople prowling the showroom for "ups" – car-dealer lingo for walk-in customers. (Read more)
Source: Dallas Morning News

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Quotable
 
“Participation in the NADA convention is often a bellwether for the overall health of the auto industry."

    -- Jack Caldwell, chairman of NADA’s convention committee and Toyota-Scion dealer from Conway, Ark., on the surge in attendee and exhibitor registration for the 2011 convention, NADAFrontPage.com, Nov. 9


"The changes we are bringing about are beginning to enter into the DNA of the company."

   -- Sergio Marchionne, CEO of Chrysler and Fiat, addressing workers on the day the U.S. automaker raised its operating profit forecast for the year and said its net loss narrowed to $84 million in the third quarter, Bloomberg, Nov. 8

Video Highlights
 

NADA Chairman Ed Tonkin Speaks to the Automotive Press about Fuel Economy


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

NADA Convention
 


 


UPCOMING SEMINARS

"Managing Your Four Vital Cash Accounts" (Nov. 10)

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.


Used Car Guide

 
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