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Top 5 Stories
Jan US Auto Sales Seen Up Slightly Despite Weather
(NADA Convention) Lures Dealers from Around the Globe
SmartAuction Offers NADA Used Car Guide, Black Book Online
Wyoming Senator Seeks to Lasso E.P.A.
During Super Bowl, Whetting Appetites for Products to Come
Top 5 Stories
Jan US Auto Sales Seen Up Slightly Despite Weather

DETROIT — U.S. auto sales for January are expected to be up 15 percent or more despite the disruption of winter storms during the month, a result that would show the momentum of a sales recovery now a year-and-a-half old. Economists surveyed by Reuters forecast sales for the month of about 12.5 million vehicles on the annualized and seasonally adjusted basis tracked by the industry. Chris Hopson, an analyst with IHS Automotive, said he expected a sales rate near 12.4 million which he said would show a "measured momentum" in the industry's recovery as auto financing terms ease up for consumers. "Overall credit availability will help out and, hopefully, maintain some of this move forward we have seen in the sales rate," Hopson said.
Source: Reuters

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(NADA Convention) Lures Dealers from Around the Globe

In a hotel elevator or at a workshop at last year's auto dealer convention in Orlando, visitors may have encountered a distinguished-looking man wearing a name badge that read "Dmitry Gouline -- AvtoMir." If they overheard him speaking Russian into his cell phone or observed him taking notes in a script that looked far from English, they might have learned a little-known fact about the National Automobile Dealers Association convention: It's going international. Last year about 1,800 attendees -- about 10 percent of total attendance -- came from 32 countries other than the United States or Canada, NADA says. This year NADA expects foreign attendance to drop slightly, to about 1,700, because of a soft auto market in Europe and several other regions.
Source: Automotive News

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SmartAuction Offers NADA Used Car Guide, Black Book Online

DETROIT — Online auto remarketing channel SmartAuction has added two industry reference books to its vehicle-pricing arsenal. The NADA Used Car Guide, owned by the National Automobile Dealers Association, analyzes and publishes used-vehicle price data. Black Book, a division of the Hearst Business Media Corp., provides values for both new and used vehicles. “Many dealers on our Client Advisory Board have told us they also wanted the ability to view valuations on vehicles posted to the site,” Newman said in a statement (Monday). “We are pleased to launch that functionality today in a way that will be intuitive and seamless to the user.” SmartAuction is run by Ally Financial Inc.
Source: Automotive News

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Wyoming Senator Seeks to Lasso E.P.A.

Senator John Barrasso, Republican of Wyoming, introduced legislation on Monday to block the Environmental Protection Agency from taking any action to regulate greenhouse gases to address climate change. His broadly written bill is one of several assaults on the E.P.A.’s regulatory authority that will be coming from Republicans and coal-state Democrats in both houses of Congress in coming days. The Barrasso bill would overturn the agency’s 2009 finding that carbon dioxide and other greenhouse gases are harmful to public health and the environment. It would pre-empt any action by the E.P.A. to limit greenhouse gas emissions without specific Congressional authorization. “It’s time for the administration to face the facts: Americans rejected cap and trade because they know it means higher energy prices and lost jobs,” Mr. Barrasso said in a statement. “Washington agencies are now trying a backdoor approach to regulate our climate by abusing existing laws.”
Source: The New York Times

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During Super Bowl, Whetting Appetites for Products to Come

Remember when movie theaters called the trailers they showed “previews of coming attractions”? Many of the glitzy, big-budget commercials that are scheduled to run during Super Bowl XLV on Feb. 6 will offer previews of coming products and services. For instance, two commercials that Volkswagen of America plans for the game will offer sneak peeks at two models that are to make their debuts in the fall, the 2012 Passat and a redesigned version of the New Beetle (the New New Beetle?). A goal for the commercials is to “get consumers buzzing about the brand, and get dealers buzzing as well,” said Mike Sheldon, chief executive of the creative agency for Volkswagen of America, Deutsch L.A. “It’s a great way, early in the year, to kick things off.” 
Source: The New York Times

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Quotable
 
"The weather was a new factor for us but our sales were up."

    — Mark Whibbs, a Buick and GMC dealer in Pensacola, Florida, on winter storms that snarled showroom traffic in parts of the country in January, Reuters, Feb. 1

Video Highlights
 

90 Seconds with Fiat's Laura Soave (Automotive News)
Soave will be a featured speaker at NADA's Women Dealers' Breakfast Feb. 5 in San Francisco.


NADA Charitable Foundation Provides Canine Companion (NADA-TV)


What UNICAP Victory Means to Dealers (NADA-TV)

NADA Convention
 



 NADA Guide Book


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


PC Purchase Program

 

Don't miss the chance to save up to $590 on select Lenovo X & T series products (use eCoupon code USXFEBSAVINGS2011; offer expires February 28). Learn more about discounts on PCs, printers and servers at NADA's PC Purchase Program site (member log in required).

 
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