For optimal viewing through your web browser or PDA, click here.

SPONSORED BY
 
NADA.org
Thursday, Dec. 16, 2010 RSSSEND TO A FRIENDPRINT
nada.orgAdvocacyAffiliates | Convention | Jobs | Programs | Publications | Services | Training
Top 5 Stories
NADA to Dealers: Urge House Members to Vote for Tax Compromise
Senate Approves Tax Cut Deal; House Dems Weigh Amending Estate Tax
Auto Research Group Says Mileage Mandate Will Cost Jobs
Global Auto Sales May Top 80 Million in 2012, J.D. Power Says
Nissan's First Electric Leaf in Tenn. on Dec. 21
Top 5 Stories
NADA to Dealers: Urge House Members to Vote for Tax Compromise

House vote expected today

In a legislative alert sent this morning, NADA's Legislative Affairs office urges dealers to contact their representatives immediately to ask them to vote in favor of the Senate tax bill without amendment. A vote is expected in the House later today. House members should specifically be asked to vote against an amendment to the estate tax provision introduced by Rep. Earl Pomeroy, D-N.D., which would jeopardize passage of the legislation, the alert states. Dealers should stress that the bill is necessary to spur economic growth and create jobs. Representatives can be reached through the Capitol switchboard at (202) 225-3121. Click here for the alert.
Source: NADA Legislative Affairs

[back to top]

Senate Approves Tax Cut Deal; House Dems Weigh Amending Estate Tax

A sweeping tax package negotiated by the White House and Republican leaders sailed through the Senate on a 81-19 vote and now awaits action by the House as early as Thursday. Prospects for House passage appeared to be brightening Wednesday after an initially poor reception, but House Democratic leaders said that liberals continue to insist on changes to the estate-tax provision in the bill. Outraged by the agreement to exempt individual estates worth as much as $5 million from taxation, senior Democrats said they would press to lower the threshold to $3.5 million. They also want to impose a stiffer tax on larger estates, by setting the rate at 45 percent rather than the 35 percent demanded by Republicans and agreed to by Obama.
Source: The Washington Post

[back to top]

Auto Research Group Says Mileage Mandate Will Cost Jobs

YPSILANTI, Mich. — A study by an auto industry research group said on Wednesday that requiring automakers to meet fuel economy standards of 60 miles per gallon by 2025 would decrease sales because cars and trucks would become more expensive, and could eliminate up to 1.3 million jobs nationwide. Such a requirement, which is under consideration by the Obama administration and supported by some environmental groups, could actually increase emissions if many people avoid buying new vehicles and hold on to less efficient ones longer, the group, the Center for Automotive Research, said. The worst case would be for the government to enact aggressive standards and for gasoline prices to remain low, Sean McAlinden, the group’s chief economist, said. “The higher the mandate and the lower the gasoline price, the lower the employment,” he said.
Source: The New York Times

[back to top]

Global Auto Sales May Top 80 Million in 2012, J.D. Power Says

Global automobile sales may exceed 80 million in 2012 and 118 million in 2020, said Jeff Schuster, director of forecasting for researcher J.D. Power and Associates. Worldwide deliveries will set a record of about 71.8 million this year, Schuster said today in slides for a conference in Ypsilanti, Michigan. The previous record was 70.3 million in 2007.
Source: Bloomberg

[back to top]

Nissan's First Electric Leaf in Tenn. on Dec. 21

NASHVILLE, Tenn. — Nissan executives say delivery of the first electric Leaf in Tennessee is set Dec. 21 at a dealership in Nashville. The car will be delivered to a Nashville-area customer at Action Nissan of Nashville and a reception will follow at Nissan Americas headquarters in Franklin.
Source: The Associated Press

[back to top]

 
Quotable
 
“Cars are consumer products, and the consumer is fickle. We have to satisfy consumer demand.”

    -- Mike Omotoso, senior manager of global powertrain forecasting at J. D. Power & Associates, on a study by the Center for Automotive Research, which found that requiring automakers to meet fuel economy standards of 60 miles per gallon by 2025 would decrease sales because cars and trucks would become more expensive The New York Times, Dec. 15

Video Highlights
 

What UNICAP Victory Means to Dealers
NADA Convention
 


 


  


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).

 
Search Back Issues | Unsubscribe | Subscribe | Manage your subscription | email us
NADA For more information on NADA, visit www.nada.org or contact NADA, 8400 Westpark Drive, McLean, VA 22102. This email may contain an advertisement of NADA products and services. Any opinions or statements contained herein do not necessarily reflect the views of NADA. Factual errors are the responsibility of the listed publication. If you are a franchised new-car or -truck dealer and would like to become a member of NADA, please visit the Join NADA section of www.nada.org. Questions or comments concerning NADA Headlines content may be directed to media@nada.org.