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Monday, Oct. 3, 2011 RSSSEND TO A FRIENDPRINT
Inside This Issue
Chrysler Says US Sales Jump 27 Pct in September
Sept. US Auto Sales Likely Rose
Issa Probes EPA's Role in Limiting Vehicles' Emissions
Kia Plans to Introduce Small EV by Year End
Here Are the New Models That Will Shake Up the Auto Industry
Haunted by the Recession, N.J. Auto Dealers Pile on the Perks
Click here for NADA's online newsroom at NADAFrontPage.com. .
Top Stories
Chrysler Says US Sales Jump 27 Pct in September

Chrysler says its U.S. sales jumped 27 percent in September on strong demand for its cars and SUVs. Chrysler sold 127,334 new vehicles, including 8,709 new Chrysler 200 sedans. Jeeps also did well. The automaker also sold 2,773 of its new Fiat 500 small car. Chrysler is among the first companies to report U.S. sales on Monday.
Source: The Associated Press

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Sept. US Auto Sales Likely Rose

U.S. auto sales likely rose in September as Japanese car inventories returned to pre-earthquake levels and carmakers offered more deals. Still, annual sales are expected to fall short of earlier expectations. Automakers release U.S. sales figures for September [today]. Analysts expected sales to increase around 10 percent from last September to more than 1 million cars and trucks. The sales pace is expected to be the strongest since before Japan's earthquake in March.
Source: The Associated Press

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Issa Probes EPA's Role in Limiting Vehicles' Emissions

The House Oversight Committee is expanding its probe of the Obama administration’s rules limiting greenhouse gas emissions from cars and light trucks, according to a letter it sent to the head of the Environmental Protection Agency. The investigation led by committee chairman Darrell Issa (R-Calif.) reflects the ongoing battle between House leaders and the administration over the extent to which EPA can address climate change without congressional input. In the 13-page letter committee sent Friday to EPA administrator Lisa P. Jackson, Issa suggested that by pressing ahead with regulations to curb greenhouse gas emissions from vehicles, Jackson “set in motion a series of events which have led inexorably to the expansion of power exercised by EPA. Not only has this expansion occurred without the express consent of Congress, but it also appears that EPA has successfully avoided scrutiny of its actions by the Judicial branch of government as well.” Issa sent a separate letter Friday to Transportation Secretary Ray LaHood questioning whether the National Highway Traffic Safety Administration also acted outside its authority by helping craft the rules.
Source: The Washington Post

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Kia Plans to Introduce Small EV by Year End

Hyundai Motor Group, the umbrella company that includes Hyundai Motor Co. and Kia Motors Corp., plans to launch a Kia-badged small electric vehicle by year end and follow with more EVs starting in 2014, the company said this week. The announcement did not say whether the new EVs eventually would be sold in the United States. Kia also plans to add a compact EV in the first half of 2014, while Hyundai plans to launch a compact EV in the second half of 2015, according to the announcement.
Source: Automotive News

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Here Are the New Models That Will Shake Up the Auto Industry

A handful of cars and crossover SUVs hitting the road over the next year or so could shake up the competitive balance among the world's top automakers. By the end of next year, these and other key vehicles may have rewritten the sales tables and changed how buyers think of some of the industry's leading brands. Here are the vehicles that could lead to an industry realignment, brand by brand.
Source: USA Today

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Haunted by the Recession, N.J. Auto Dealers Pile on the Perks

Customers who step into Honda of Toms River might be tempted to linger awhile, just for all the freebies. Inside, they’ll find a computer center and café, where they can gorge on gourmet coffee, soda and bagels. It’s all part of the family-run dealership’s effort to court and retain loyal customers, in the wake of a recession that knocked company sales off by as much as 40 percent during the worst months. "The car business is more retail and less car than it ever was," said [James Appleton, president of the New Jersey Coalition of Automotive Retailers.] "What dealers have realized is that keeping a customer and making them a customer for life is a lot cheaper than acquiring new customers year in and year out."
Source: The Star-Ledger (New Jersey)

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More articles

Sept. 30 - Toyota-Honda U.S. Rebound Brings Call of 'What Recession?'

Sept. 29 - Browning: VW Brand Now Profitable in U.S.

Sept. 28 - Deadline for US Auto Fuel Economy Proposal to Slip

Sept. 27 - NADA Joins Challenge to New NLRB Poster Mandate

Sept. 26 - U.S. Auto Sales Defy Economic Fears

 
Quotable
"What dealers have realized is that keeping a customer and making them a customer for life is a lot cheaper than acquiring new customers year in and year out."

    -- James Appleton, president of the New Jersey Coalition of Automotive Retailers, on dealers' efforts to court and retain loyal customers, The Star-Ledger, Oct. 2

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Chairman's Column
Economic Fears May be Rising, But New-Car Sales are Still Expected to Rise

Dodd-Frank Law Takes Effect with Implications for F&I Office

Convention News
Five Las Vegas Hotels Sold Out

Registration for the 2012 NADA-ATD Convention & Expo, Feb. 3-6, remains brisk. For the first time, both conventions will be held together. Top hotels in Las Vegas are filling up quickly. Click here to register.
Foundation News
NADA Foundation Ambassador Supports Reading Program in Michigan

NADA Foundation Program Reaches 500th Ambassador

Marketplace
Seats Available in Five Remaining Academy Classes of 2011

NADA 20 Groups for Fixed Ops Managers Meeting this Fall; Controllers/CFO Groups Now Forming

HP's Small but Mighty PC

More Savings from Lenovo

 
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