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Wednesday, June 22, 2011 RSSSEND TO A FRIENDPRINT
Top 5 Stories
Ford Exec Says June Auto Sales Could Top May Levels
NADA Issues State of the Auto Industry Report
GM to Close US Pickup Plants for 2 Weeks in July
Toyota to Offer Bigger Prius in U.S. in the Fall
Video: NADA Foundation Chairman Discusses Importance of Charitable Giving
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Top 5 Stories
Ford Exec Says June Auto Sales Could Top May Levels

June auto sales are on track to at least meet and perhaps exceed May levels, a top Ford Motor Co executive told reporters on Tuesday. The month is "off to a good start," said Mark Fields, who heads the No. 2 U.S. automaker's operations in North and South America. He said he expects the month to be "at least as good as May and maybe better."
Source: Reuters

Related Articles

  Ford's Fields Says Automaker Is 'Back on Track' on Quality (Bloomberg)

  Ford Continues Expanding Safety, Technology Features (The Detroit News)

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NADA Issues State of the Auto Industry Report

The financial performance of new-car and -truck dealerships improved in 2010, despite a slow economic recovery, says Paul Taylor, chief economist of the National Automobile Dealers Association (NADA), in the trade group's latest report on the state of the industry. New-car dealerships on average employed 50 people with an annual payroll of about $2.6 million in 2010, an increase from 2009, according to NADA DATA 2011, an analysis of the U.S. car and truck industry with an emphasis on auto retailing.
Source: NADAFrontPage.com

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GM to Close US Pickup Plants for 2 Weeks in July

General Motors Co. plans to close two U.S. pickup truck plants for two weeks in July at a time when pickup sales are starting to wane and trucks are stacking up on dealer lots. Aaron Bragman, an analyst for consulting firm IHS Automotive, said the shutdowns, scheduled for the weeks of July 4 and 11, are clearly designed to reduce inventory. "It's the right thing to do, and it's what they should have done for years, adjusting production to meet demand," he said.
Source: The Associated Press

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Toyota to Offer Bigger Prius in U.S. in the Fall

Toyota Motor Corp. will roll out the hybrid Prius' big brother this fall in the U.S. market. The Prius v is targeted at young families, with the "v" representing the versatility of increased interior room and cargo space. The Japanese automaker hopes to begin selling the vehicle in the U.S. in October, said Ed La Rocque, Toyota's U.S. marketing manager for advanced technology vehicles. U.S. sales of Prius vehicles could eventually rival those of Toyota's high-volume Camry and Corolla cars, La Rocque said at an event outside Detroit.
Source: Reuters

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Video: NADA Foundation Chairman Discusses Importance of Charitable Giving

Since its inception in 1975, the National Automobile Dealers Charitable Foundation has donated more than $10 million to various charities and relief efforts. Its chairman Bob Mallon recently appeared on the TV interview program “AutoFocus” with David Hyatt, NADA vice president of Public Affairs, to discuss the foundation’s most successful initiatives, including the Ambassadors Program, the Wounded Veterans Initiative of Canine Companions for Independence, Emergency Relief Fund and Joseph J. Sanchez Memorial Fund. “It’s really heartwarming to realize that we can be of assistance to people in such desperate need,” says Mallon. For more information about the foundation, click here.
Source: NADA-TV

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More articles

June 21, 2011 - Chrysler Gets Improved Marks from Consumer Reports

June 20, 2011 - Fuel Prices No Longer Trigger Hybrid Desire, Study Says

June 17, 2011 - Toyota Sees Full Production by Fall

June 16, 2011 - Honda Rolls Out New Incentive Policy

June 15, 2011 - Study: Fuel Rules to Hike Car Costs

 
Videos

 
NADA Foundation:
A Success Story
 
(AutoFocus)

 
Dealers 'Scramble'
for Used Cars

(AutoFocus)

 
Mercedes Enrolls in
NADA U
(NADA-TV)

Quotable
"The recovery has been fast. Today we are near normal production levels" in Japan.

    -- Nissan CEO Carlos Ghosn, who expects sales in the current fiscal year to be "significantly higher" than the previous 12 months despite the March 11 earthquake in Japan that damaged a Nissan engine factory and disrupted suppliers, Bloomberg, June 22

Marketplace
NADA U Webinar: "Service Advisor Training for Enhanced Customer Retention," June 29 at 1 p.m. EDT

HP's Built-in Connectivity at Your Fingertips

Lenovo's June Savings

Foundation News
Boston Dealer Creates 'Family Ambassadors of Distinction'

NADA Foundation Program Reaches 500th Ambassador

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