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Top 5 Stories
U.S. Democrats Question Obama's Tax Deal
Obama, Republicans Tentatively Agree on Estate-Tax Plan Sought by Dealers
Tax Deal on the Line With Dems Steaming
More Subprime Car Shoppers Approved For Auto Loans in Third Quarter
Hyundai Weighs Adding Luxury Models, Separate Brand
Top 5 Stories
U.S. Democrats Question Obama's Tax Deal

WASHINGTON - President Barack Obama's plan to extend tax cuts for all Americans ran into trouble on Tuesday when his fellow Democrats questioned it and investors dumped U.S. Treasury bonds on fear that low taxes will dig a deeper hole in the budget deficit. (Read more)
Source: Reuters

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Obama, Republicans Tentatively Agree on Estate-Tax Plan Sought by Dealers

WASHINGTON -- In a victory for auto dealers and Senate Republican Whip Jon Kyl, President Obama and congressional Republicans agreed on a tentative tax-cut package that would head off a huge increase in the estate tax. (Read more)
Source: Automotive News

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Tax Deal on the Line With Dems Steaming

House Democrats continued fuming Tuesday night behind closed doors over President Obama’s tax-cut deal with Republicans, with several saying its estate tax provision is something they intend to aggressively attack—even if they can’t do much about other parts of the package. (Read more)
Source: National Journal

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More Subprime Car Shoppers Approved For Auto Loans in Third Quarter

Credit continues to loosen and more lenders are giving auto loans to shoppers with credit scores that are considered less than perfect. (Read more)
Source: AutoLoanDaily.com

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Hyundai Weighs Adding Luxury Models, Separate Brand

Hyundai Motor Co. may add two luxury models and create a luxury brand that would likely be called Genesis to compete directly with Toyota Motor Corp.'s Lexus and other upscale makes, Hyundai's top U.S. executive said. (Read more)
Source: The Wall Street Journal

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Quotable
 
"Many consumers want to buy a new car rather than maintain a high mileage car they are currently driving." 

    -- NADA Chief Economist Paul Taylor, referring to improving new-vehicle sales and the fact that the average age of cars and trucks in the U.S. is just over 10 years and driven 125,000 to 155,000 miles, The Associated Press, Dec. 7

Video Highlights
 

What UNICAP Victory Means to Dealers
NADA Convention
 


 


Upcoming Seminar:

MarketINSIGHT Webinar: New EPA Body Shop Regulations

Roy Crystal, environmental protection specialist at EPA Region I New England, will discuss the new EPA "6H rule," covering paint stripping and surface coating at auto body shops and other area sources on Thursday, Dec. 9 from 1 p.m. to 2:30 p.m. Click here to register.


NADA Guide Book

 
Providing the most reliable
and most comprehensive
used-vehicle values since 1933


Happy Holidays From Lenovo!

Invest in a Lenovo ThinkPad with rock-solid reliability. NADA members and their staff can now save up to 40 percent on select ThinkPads using eCoupon USXDECSAVINGS at checkout. This offer expires Dec. 31. To learn more about this offer and other discounted Lenovo products go to NADA's PC Purchase Program site (member log in required). Check the site often for weekly specials!

HP Has A Gift For You!

HP Compaq 6005 Pro Ultra-slim Desktop PC + LE2001w 20-Inch widescreen LCD Monitor is designed to deliver uncompromised results with energy efficiency features and high-end capabilities. This space-saving bundle starts at only $789 for NADA members and staff. To learn more about this offer and other discounted HP products visit NADA's PC Purchase Program site (member log in required).

 
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