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Top Stories
November Auto Sales Expected to Rise
Hyundai Motor November Sales Flat, Hit by Strike
Despite Its Unpopularity, 1099 Provision Remains Law
Auto Safety Bill to Get Push
G.M. to Hire 1,000 to Engineer More Electric Cars
DEAC Elects 2011 Officers
Soliciting Dealers: The Good, the Bad and Misleading
For Calif. Toyota Dealer, A Big Step at a Bad Time
Top Stories
November Auto Sales Expected to Rise

November auto sales are expected to rise significantly compared with the same month last year, as consumers regained confidence and traffic steadily increased throughout the month, peaking over Thanksgiving weekend. (Read more)
Source: Detroit Free Press 

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Hyundai Motor November Sales Flat, Hit by Strike

SEOUL - Hyundai Motor reported the worst November sales among South Korean automakers on Wednesday, as a prolonged strike at its biggest local production base hit output and sales of its best-selling subcompact car. (Read more)
Source: Reuters

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Despite Its Unpopularity, 1099 Provision Remains Law

On Monday, 92 senators in one capacity or another voted to overturn a wildly unpopular tax provision tucked into the health care law. Not 24 hours later, however, the measure, which requires businesses to report to the IRS on some purchases of $600 or more, remained on the books. (Read more)
Source: National Journal

Editor's Note: The votes on the amendments reflect that full repeal of the 1099 mandate has strong bipartisan support but procedural hurdles and suitable offsets continue to delay efforts to repeal the mandate, which goes into effect Jan. 1, 2012. (To see how your Senators voted on the Johanns amendment, click here. For the Baucus amendment, click here.) Dealers should continue to urge their Senators to repeal this burdensome mandate as tax paperwork and regulatory compliance are already major expenses for dealers.

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Auto Safety Bill to Get Push

WASHINGTON — A top Senate Democrat and the Obama administration's top auto safety official want Congress to approve a sweeping overhaul of the nation's auto safety regulations before lawmakers adjourn this year. (Read more)
Source: The Detroit News 

Editor’s Note: According to NADA's Legislative Office, the Motor Vehicle Safety bill as passed by the Senate Commerce Committee included a "problematic provision" mandating that dealerships certify if a used vehicle is subject to a recall and whether the recall work has been performed (sec. 310). NADA has argued that this mandate would impose tremendous compliance costs and liability exposure for dealers while posing an increased safety risk for consumers by pushing unremedied vehicles into the “unregulated” private used car market. NADA supported an amendment by Sen. John Thune, R-S.D., adopted in committee, that increases recall rates without impeding used car commerce. At this time, NADA will not object to the modified Senate vehicle safety bill to be considered on the Senate floor because we have received a commitment from the Committee that the unworkable Sec. 310 provision will not be included in the final bill.

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G.M. to Hire 1,000 to Engineer More Electric Cars

DETROIT — General Motors is adding 1,000 jobs in Michigan to develop more electric and hybrid vehicles similar to the Chevrolet Volt, which it officially introduced on Tuesday, the company said. (Read more)
Source: The New York Times

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DEAC Elects 2011 Officers

WASHINGTON – NADA’s Dealers Election Action Committee has elected the following officers: Jack Tulley, NADA director from New Hampshire was elected chairman; Gary Reynolds, NADA director from Connecticut (vice chairman); Jack Kain, NADA director from Kentucky (secretary-treasurer); and Bill Fox, NADA director from New York State (finance chairman). (Read more)
Source: Dealers Election Action Committee

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Soliciting Dealers: The Good, the Bad and Misleading

In the months preceding each NADA Convention & Expo, dealers receive numerous solicitations and ads from vendors and service providers. Some of the advertising is effective; some is annoying; and some contains misleading references to NADA. (Read more)
Source: NADA Legal Affairs

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For Calif. Toyota Dealer, A Big Step at a Bad Time

Retailer moves across town into bigger, costlier space but gets what he wanted

VALLEJO, Calif. -- File this under: "It seemed like a good idea at the time." (Read more)
Source: Automotive News

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Quotable
 
"With the mid-term election behind us and the economy indicating stability, if not mild acceleration, consumers are returning to showrooms even without an increase in incentive levels."

    -- Jeff Schuster, executive director of global forecasting at J.D. Power and Associates, on November auto sales, which are expected to rise significantly compared with the same month last year, The Associated Press, Dec. 1

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