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Top Stories
2011? Might be Better Than You Thought
Opinion: GM IPO Proves Bailout Served the Greater Good
A New Look in Detroit for the Newly Public G.M.
Dealers Can't Get Enough U.S. Cars
Electric vehicles Seen as Sliver of 2020 Market
Kia Motors to Sell New Vehicles on EBay Amid U.S. Expansion
Maryland Automobile Dealers Association Celebrates 100 Years
Top Stories
2011? Might be Better Than You Thought

After two years of wrestling with a weak market, the auto industry is suddenly expecting a much stronger 2011 and beyond. Fears of a double-dip recession have eased, and not-so-skittish shoppers are starting to buy because they want to, not just because they have to. (Read more)
Source: Automotive News

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Opinion: GM IPO Proves Bailout Served the Greater Good

Source: Automotive News 

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A New Look in Detroit for the Newly Public G.M.

DETROIT — It is out with the old and in with the new at General Motors as the federal government’s ownership stake in the company was cut in half this week. Even the automaker’s sign atop its corporate headquarters has gotten a makeover. (Read more)
Source: The New York Times 

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Dealers Can't Get Enough U.S. Cars

Local barons see need for ‘Big Three’ to boost production

Boston car baron Herb Chambers said he had to “beg, borrow and steal” recently to scrounge up 200 Cadillacs for his Danvers dealership. The “Big Three” U.S. automakers - General Motors, Ford and Chrysler - have downsized so much over the past year that manufacturers can’t keep up with today’s demand, Hub car dealers say. (Read more)
Source: Boston Herald

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Electric vehicles Seen as Sliver of 2020 Market

Automakers around the world are pouring money into developing a slate of hybrid, plug-in and electric vehicles, but pure EVs are expected to make up just a sliver of the global auto market in a decade's time. (Read more)
Source: Reuters 

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Kia Motors to Sell New Vehicles on EBay Amid U.S. Expansion

Kia Motors Corp. will begin selling new vehicles through EBay Inc. as South Korea’s second-largest automaker looks to increase brand recognition in the U.S. with the help of the second-most visited e-commerce site. (Read more)
Source: Bloomberg

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Maryland Automobile Dealers Association Celebrates 100 Years

ANNAPOLIS, Md. – Maryland Automobile Dealers Association recently celebrated its 100th Anniversary at a Black Tie event in Annapolis, Md. Guests enjoyed a fine dinner and dancing to celebrate the momentous occasion. (Read more)
Source: MADA

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Quotable
 
"With the public owning more shares than we own, I think it is fitting and proper ... that we tick back our engagement."

    -- Ron Bloom, Obama administration "car czar," who says the government will continue to shrink its role in the new GM as it sells more of its stock, The Detroit News, Nov. 20

Video Highlights
 

What UNICAP Victory Means to Dealers


NADA Chairman Ed Tonkin Raises Serious Questions about Latest CAFE Proposal


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

NADA Convention
 


 


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