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Inside this issue
New Car Dealers Rev Up for NADA Convention in Las Vegas
U.S. Auto Sales Seen Surging 6% in January
Chrysler Expected to Report First Annual Profit Since 1997
Dealers Want Saab North America Placed Into Chapter 11 Bankruptcy
NADA University Launches Dealership 'All-Stars' Program to Recognize Personnel Who Turn Ideas into Successful Practice
Broderick Reprises 'Bueller' in Honda Super Bowl Spot
Click here for more auto industry news at NADAFrontPage.com. .
Top Stories
New Car Dealers Rev Up for NADA Convention in Las Vegas

Expo floor sold out with 570 companies exhibiting at convention center

More than 20,000 new-car dealers, automaker executives and exhibitors – including 1,500 dealers from 36 countries – are expected to attend the NADA Convention & Expo in Las Vegas Feb. 3-6. New-car dealers will have an opportunity to meet face-to-face with top automaker executives at 26 franchise meetings to discuss their marketing plans, outlook for sales and product launches. More than 100 workshops sessions will be offered for dealers to learn ways to improve their business operations. New-car dealers can also shop the expo floor with more than 570 companies showcasing their latest products and services. Click here for some convention highlights.
Source: NADA Newsroom

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U.S. Auto Sales Seen Surging 6% in January

Martha Patterson started selling real estate in the 1990s and replaced her car every five or six years until the housing market collapsed. Then she kept her Volkswagen Passat GLS for a decade, until last June. Millions of consumers like Patterson, who traded her 2001 model for a new Chevrolet Malibu, deferred purchases to replace older vehicles. Light-vehicle sales in January, set for release tomorrow, may have run at a 13.4 million seasonally adjusted annual rate, the average estimate of 14 analysts surveyed by Bloomberg.
Source: Bloomberg

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Chrysler Expected to Report First Annual Profit Since 1997

When Chrysler reports fourth-quarter and full-year earnings on Wednesday, it likely will be cause for celebration. The company, which nearly collapsed two years ago, is expected to report its first annual net profit since 1997. Chrysler has already reported some results for the final three months of the year. U.S. sales rose nearly 36% to 359,703 cars and trucks. Global sales rose 22% for the year to 1.86 million cars and trucks. Sales in the U.S. — Chrysler's primary market — grew at an even faster pace of 26%. "They should have a good quarter," says Jim Hall, managing director of 2953 Analytics of Birmingham. "From a profitability standpoint, they smile every time a new Grand Cherokee hits the road."
Source: Detroit Free Press

Related article

 Honda Slashes Profit Outlook on Disasters, Sees Rebound (Reuters)

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Dealers Want Saab North America Placed Into Chapter 11 Bankruptcy

A group of 41 Saab U.S. dealers today asked a U.S. Bankruptcy Court to place Saab Cars North America into Chapter 11 bankruptcy protection. The lawyer representing Saab's U.S. dealers submitted the involuntary Chapter 11 petition in U.S. Bankruptcy Court in Wilmington, Del. "We filed a [Chapter] 11 just in case a white knight comes out of nowhere and buys Saab's parent" and would want to reorganize the North American operations, said Leonard Bellavia, the lawyer representing 162 of Saab's 188 U.S. dealers. The Chapter 11 allows Saab an opportunity to liquidate its assets, with direct supervision of the court and the dealers.
Source: Automotive News

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NADA University Launches Dealership 'All-Stars' Program to Recognize Personnel Who Turn Ideas into Successful Practice

Candidates encouraged to tell their stories by video, either self-made or shot at NADA U booth during NADA/ATD convention

NADA University has launched a new video series called “NADA U All-Stars” to recognize dealership personnel who have turned skills and ideas generated from NADA U programs into successful practice at their stores. Dealership professionals with a success story to share may tell their stories by submitting a “60-Second Success Story” self-made video or stopping by the NADA University booth in the main lobby of the Las Vegas Convention Center at the NADA/ATD Convention and Expo, starting this Friday, Feb. 3, through Monday, Feb. 6, where NADA staff will shoot the video on the spot. “Every day, dealerships are putting creative ideas into successful practice based on what they learned from NADA U programs, and we want to pay special tribute to those individuals who are taking charge and leading those efforts,” said John Lyboldt, NADA vice president of dealership operations.
Source: NADA Newsroom

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Broderick Reprises 'Bueller' in Honda Super Bowl Spot

Honda Motor Co. launched an extended version of its coming Super Bowl ad called “Matthew’s Day Off,” which is a spoof of the 1986 Matthew Broderick film, Ferris Bueller’s Day Off. Directed by Todd Philips of “The Hangover” fame, the two-minute, 25 second mini movie is really a commercial for the car maker’s 2012 CR-V compact SUV. But it also feels like a gift to anyone who was in high school or college in the mid-1980s. That’s no surprise because those are the folks, now middle-aged and shuttling families, who are the vehicle’s core customers.
Source: The Wall Street Journal

Related articles

 Toyota Makes Return to the Super Bowl (Automotive News)
 Acura Super Bowl Ad Taps Seinfeld, Leno, To Pitch NSX (The Wall Street Journal)

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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

"It's not a slam dunk. It's not just what we sell. It's what consumers will buy."

   
-- Sue Cischke, vice president for sustainability, environment and safety engineering at Ford Motor Co., who retires today, says requiring automakers to meet 54.5 miles per gallon by 2025 at a cost of an estimated $157 billion will be "very challenging," The Detroit News, Jan. 31  
      




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

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Chairman's Column
Three Reasons to be Optimistic about 2012 Sales

2012 Convention on Pace to Be Biggest Since 2008

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

Foundation news
NADA Charitable Foundation to Launch Road Safety Grant Program at Convention

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


ATD Chairman Urges Dealers to Learn More about Ambassador Program 
Marketplace
New NADA Mobile App for iPhone and iPad

HP's Inventory Blowout

Lenovo's New Year Deals

  
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