View Mobile Version | View Web Version

SPONSORED BY

NADA.org
Thursday, Dec. 22, 2011 FacebookTwitterFlickrRSSSEND TO A FRIENDPRINT
  
Inside this issue
Toyota Aims to Sell 8.48 Million Vehicles in 2012
Turnaround Specialist To Run Saab's U.S. Sales Unit
LaHood Opposes Ban on Hands-Free Calls Behind Wheel
Auto Lending Should Support Steady Sales Growth, TransUnion Says
Layaway Angels Land at Orange County Kmarts
Click here for more auto industry news at NADAFrontPage.com. .
Top Stories
Toyota Aims to Sell 8.48 Million Vehicles in 2012

Toyota is aiming for a comeback, targeting record global sales of 8.48 million vehicles in 2012 and an even bigger number in 2013, after being battered this year by the March disaster in Japan and flooding in Thailand. Toyota Motor Corp., Japan's top automaker, relinquished its title as the world's biggest in global vehicle sales for the first half of this year, sinking to No. 3 trailing U.S. rival General Motors Co. and Volkswagen AG of Germany. Toyota said the sales target for calendar 2012 is based on achieving 20 percent growth from its global sales this year and would be a record high for the company, underlining its turnaround ambitions.
Source: The Associated Press

[back to top]

Turnaround Specialist To Run Saab's U.S. Sales Unit

Saab Cars North America, the U.S. sales and distribution unit of Swedish car maker Saab Automobile AB, said [Wednesday] it has named an outside administrator to run the company as part of a plan to avoid immediate liquidation following its parent company’s bankruptcy filing Monday. During a telephone conference with reporters, the U.S. operation’s chief operating officer Tim Colbeck said the outside firm, McTevia & Associates, will attempt to resume the unit’s operations including warranty work and business with dealers that essentially stopped with the bankruptcy filing.
Source: The Wall Street Journal

[back to top]

LaHood Opposes Ban on Hands-Free Calls Behind Wheel

Transportation Secretary Ray LaHood said he did not support a call by the National Transportation Safety Board to bar drivers from making hands-free calls behind the wheel. "The problem is not hands-free," LaHood told reporters at the department's headquarters Wednesday. "That is not the big problem in America." Instead, LaHood is focusing on handheld calls. "Anybody that wants to join the chorus against distracted driving, welcome aboard," LaHood said. "If other people want to work on hands-free, so be it."
Source: The Detroit News

[back to top]

Auto Lending Should Support Steady Sales Growth, TransUnion Says

Auto financing should support slow and steady growth in sales through 2012, according to the TransUnion credit bureau. "It's not double-digit growth," said Peter Turek, automotive vice president in TransUnion's financial services business unit. "But it's growth." Chicago-based TransUnion said last week it expects auto delinquencies next year to remain at or near today's record low levels, and that's a green light for auto lending. Lenders have stayed conservative in approving loans even though the recession is over. All this year dealers have complained that approvals continue to be difficult, especially for subprime customers.
Source: Automotive News

[back to top]

Layaway Angels Land at Orange County Kmarts

Ever since a woman in Michigan made the news for walking into a Kmart Dec. 6 and paying off the layaway balance for a handful of strangers, others across the land have followed her lead, making it the biggest trend since gourmet food trucks. On Friday David Wilson saw a KTLA report on "Layaway Angels," went on the Internet and found a number for a Kmart on Harbor Boulevard in Costa Mesa. Wilson [who owns 16 car dealerships in Orange County] said he had been trying to figure out something special to get his wife Holly for her birthday. When he saw the TV report Friday morning, he knew he had found it. "I wrote (the amount of money he gave Kmart) on a piece of paper and tied a bow on it and told her happy birthday," he says. "She said it was the best birthday present she ever got."
Source: Orange County Register

Editor's note: To read Los Angeles TV station KTLA's story on Wilson, dealer principal of Wilson Automotive Group, click here. If you have a story about involvement in your community, send it to publicaffairs@nada.org.

[back to top]

More Articles


The NADA Story

The NADA story began in 1917 when 30 auto dealers traveled to the nation’s capital to convince Congress not to impose a luxury tax on the automobile. They successfully argued that the automobile is a necessity of American life, not a luxury. From that experience was born the National Automobile Dealers Association. Today, NADA represents nearly 16,000 new-car and -truck dealerships with 32,500 franchises, both domestic and international.

 
Quotable

"She said it was the best birthday present she ever got."

     -- David Wilson, dealer principal of Wilson Automotive Group, Orange, Calif., who gave nearly $16,000 to his local Kmart to pay off its layaway accounts as a gift to his wife Holly, Orange County Register, Dec. 20




NADA - National Automobile Dealers Association
Videos
 
 Wade: Make Your Plans Today to Attend the 2012 Convention (NADA-TV)

Ford's Czubay on Fuel Economy and Consumer Choice (AutoFocus)

NADA Used Car Guide December Guidelines Report (NADA UCG)

 More Videos

Chairman's Column
2012 Convention on Pace to Be Biggest Since 2008

Congress Members: 'Time Out' Needed on Fuel Economy Regulation

Study Takes a Look at ROI of Factory Image Programs

Convention news
myNADAplanner now available!

myNADAplanner is a free service that matches the business needs of attendees with exhibitors by selecting the best possible connections based on information provided at convention registration. Attendees can schedule meetings before, during and after the convention, search for products and create a personalized, printable floorplan map. Access to myNADAplanner is available to all registered attendees and exhibitors. Registration IDs sent in the registration/housing confirmation emails are required to access myNADAplanner. Click here for more info.



Exhibitor Update

Click here for the latest news on first-time exhibitors.

Foundation news
Cleveland Dealers Donate $120,000 to NADA Foundation Ambassador Program

ATD Chairman Urges Dealers to Learn More about Ambassador Program


NADA Foundation Ambassador Peter Blackstock Supports California School
Marketplace
New NADA Mobile App for iPhone and iPad

HP's Inventory Blowout

Lenovo's New December Deals

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 publicaffairs@nada.org .