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Tuesday, Nov. 16, 2010 RSSSEND TO A FRIENDPRINT
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Top Stories
Auto Stocks Generating Investor Excitement
General Motors Said to Boost IPO Price By 14% as Demand Grows
Michigan Republicans May Fill Void as GM, Ford Allies
ATD: Cost is Critical Factor in GHG/Fuel Economy Rules
Federal Tax Credits Urged to Help Change U.S. Fleet Cars, Trucks to Electric
GM Dealers: Chevy Volt Production Has Started
Toyota Sees U.S. Auto Sales Up in 2011
The Secret to Year-End Car Buying
Opinion: U.S. Should Take Heart in Revival of Automakers
Top Stories
Auto Stocks Generating Investor Excitement

The spike is thought to be a result of growing optimism in the automotive sector, especially as rival General Motors plans to kick off a highly publicized initial public stock offering Thursday that is encouraging investors to take a fresh look at the industry. (Read more)
Source: Detroit Free Press 

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General Motors Said to Boost IPO Price By 14% as Demand Grows

General Motors Co. may sell shares in its initial public offering for as much as 14 percent more than originally planned, making it the second-largest U.S. IPO on record, according to four people familiar with the deal. (Read more)
Source: Bloomberg 

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Michigan Republicans May Fill Void as GM, Ford Allies

General Motors Co., Ford Motor Co. and Chrysler Group LLC may get relief from regulations such as higher fuel-economy standards as Michigan Republicans seek posts leading two U.S. House committees. (Read more)
Source: Bloomberg

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ATD: Cost is Critical Factor in GHG/Fuel Economy Rules

During the first regulatory hearing to gather public input on the federal government’s proposed greenhouse gas (GHG)/fuel economy standards for commercial trucks and buses, the chairman of the American Truck Dealers (ATD) stressed that cost will be the most critical factor in determining whether these rules succeed or fail in their intent. (Read more)
Source: FleetOwner

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Federal Tax Credits Urged to Help Change U.S. Fleet Cars, Trucks to Electric

WASHINGTON -- A group that wants to see electric vehicles instituted on a mass scale issued a report Monday saying Congress should provide tax credits and renewable energy bonds to repopulate the 16 million fleet cars and trucks in the U.S. with electric vehicles and spur the infrastructure needed to power them. (Read more)
Source: Detroit Free Press

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GM Dealers: Chevy Volt Production Has Started

Chevrolet Volt production for customers is underway at General Motors’ Detroit-Hamtramck plant, GM dealers told the Free Press, putting customers one step closer to receiving the first mass-marketed plug-in vehicle for the U.S. (Read more)
Source: Detroit Free Press

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Toyota Sees U.S. Auto Sales Up in 2011

Toyota Motor Corp sees U.S. new light vehicle sales rising as much as 13 percent next year, buoyed by several factors including a slight rise in sales of pickup trucks, a top Toyota U.S. executive said. (Read more)
Source: Reuters 

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The Secret to Year-End Car Buying

With dealers eager to move unsold inventory before the new model year, the end of the year is often the best time to negotiate a deal on a new car. "Holding that inventory is bad for your new car business," says Jonathan Banks, executive automotive analyst at NADA Used Car Guide, adding that buyers would often rather buy the cheaper 2010, especially if it's similar to a pricier 2011. (Read more)
Source: Smart Money

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Opinion: U.S. Should Take Heart in Revival of Automakers

It's early yet, but this corner of industrial America has a story to tell. If Detroit, beset with decades of accumulated bad habits, can break from its past, anyone can. (Read more)
Source: The Detroit News

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Quotable
 
"If Detroit, beset with decades of accumulated bad habits, can break from its past, anyone can."

    -- Daniel Howes, columnist for The Detroit News, in an opinion Tuesday on the revival of Detroit automakers

Video Highlights
 

NADA Chairman Ed Tonkin Raises Serious Questions about Latest CAFE Proposal


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

NADA Convention
 


 


A Dealer Guide to the Risk-Based Pricing Rule, the latest Driven management guide, is now available exclusively online through NADA University's Resource Toolbox. To download the guide and start preparing your dealership for compliance, sign in or sign up for NADA University, select Resource Toolbox, then "Driven." The guide can be found under "Legal/Regulatory."  


Used Car Guide

 
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Do You Have a Social Media Policy in Your Dealership?

Does your dealership staff use social media sites at work or at other times? Have they been provided written guidelines describing what is acceptable when visiting these sites? NADA has developed a sample guideline, Dealership Social Media Use Policy, that outlines acceptable activities for dealership staff. Click here to view the policy.


 

Save on HP’s Mini 5103

Need to stay connected to your dealership while you're away? At only $399, the HP Mini 5103 is a cost effective way to stay connected. It has a durable all-metal case and a 95 percent full-size, spill-resistant keyboard. Windows 7 and Microsoft® Office 2010 are preloaded. 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 PC Discounts

NADA members and their staff can save an additional 10 percent off the sale price of all ThinkPad T series and ThinkPad X series PCs by using eCoupon USX10TX1104 at checkout. This offer expires Nov. 30. 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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