NADA

Looking for the hip and nifty at NADA

12:01 am U.S. ET | March 1
Dealers walking the exhibition floor at the National Automobile Dealers Association convention in Orlando were met by vendors offering new ways to cut costs, tap social media and monitor their business operations using a smart phone.... Read More »
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NADA CONVENTION

NADA sales forecast: 11.9 million this year

12:01 am U.S. ET | Feb. 22
Powered by the improving economy, U.S. sales of cars and light trucks likely will rise 14 percent this year to 11.9 million vehicles and will go higher next year, the chief economist of the National Automobile Dealers Association predicts.... Read More »
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NADA CONVENTION

Tonkin: NADA will be noticed

12:01 am U.S. ET | Feb. 22
Dealers who questioned whether the National Automobile Dealers Association adequately defended dealers' interests last year will see a lot more of the group in 2010, said Ed Tonkin, who became NADA chairman Feb. 15.... Read More »
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Sales

Whitacre: GM is on track for pre-June loan repayment

4:00 pm U.S. ET | March 10
General Motors Co. will pay back roughly $8 billion in debt to the United States and Canada before June, CEO Ed Whitacre said today. That repayment schedule would be quicker than the automaker has promised.... Read More »
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Dealers

Ralliart unit folds, but Mitsubishi will keep the name

2:17 pm U.S. ET | March 11
Mitsubishi will continue using the “Ralliart” brand name despite the demise of the Japanese racing parts company this week. Ralliart Inc., a wholly owned Japanese subsidiary of Mitsubishi Motors Corp.... Read More »
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Finance & Insurance

Customers' driver's licenses pose hidden threat to dealers

11:02 am U.S. ET | March 10
For a dealership, a customer's driver's license isn't just a driver's license any more. Based on lawsuits, it's "a $16,000 liability" lying next to the copy machine, says Doug Fusco, founder and CEO of DealerSafeGuardSolutions in McKinney, Texas.... Read More »
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Marketing

GM’s Suburban gets a free ride in ‘Crazy Heart’

12:35 pm U.S. ET | March 10
So how much did General Motors Co. pay to place a well-worn 1978 Chevrolet Suburban in a prime role in the hit film ‘Crazy Heart’? The truck was driven by leading man Jeff Bridges -- ironically, the voice of Hyundai commercials.... Read More »
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Remarketing

SmartAuction will handle used-car disputes

12:01 am U.S. ET | March 8
GMAC Financial Services now will arbitrate disputes for dealers who find previously undisclosed problems with vehicles they bought through GMAC's SmartAuction online remarketing channel -- no matter the seller.... Read More »
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Service & Parts
THE TOYOTA RECALL CRISIS

Toyota hands over 2006 dissident memo to U.S. panel

2:01 am U.S. ET | March 11
Toyota Motor Corp. said today it has handed over to a U.S. congressional committee a letter sent to its management by a splinter union in 2006 seeking reforms to improve safety after a recall crisis at the time. On Monday, Rep.... Read More »
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