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NADA Issues Statement in Response to Clarification by the Transportation Secretary on the Toyota Recall 

The following statement from NADA Chairman John McEleney is in response to the misstatement Feb.3 by Transportation Secretary Ray LaHood on the Toyota recall:

“We are pleased that the Transportation Secretary moved quickly to clarify his views on the Toyota recall. And we agree that the best advice for Toyota owners who are affected by the recall is to continue doing what they have been doing, and that is to rely on the recommendations of their dealer. From the dealer perspective, we are encouraged by the announcement that there is a fix. Toyota dealers will be working diligently to take care of the remedy as quickly as possible. Toyota has a long history of working closely with its dealers. This underscores the importance of having a strong dealer network in place to handle just such situations.”


NADA Launches Trucks for Haiti Campaign
Relief workers need light trucks immediately to help get food and medicine to earthquake victims

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Relief efforts for Haiti have ramped up following the creation of the Clinton Bush Haiti Fund. But delivery of food, water and medical supplies has been constrained by a lack of trucks to distribute supplies throughout the capital of Port-au-Prince and the communities around the country.

Speaking at the World Economic Conference on Jan. 28 in Davos, Switzerland, President Bill Clinton said Haiti needed 100 light trucks “yesterday.”

In response, NADA is calling on all dealers around the country to answer this urgent need for trucks to deliver food and medical supplies to earthquake victims in Haiti. Since the earthquake in Haiti, the needs are staggering. But this is one big way dealers can have a tremendously positive impact on Haiti’s relief efforts. “The road to recovery in Haiti is long, but America’s new car and truck dealers can make a difference,” said NADA Chairman John McEleney. Help us mobilize Trucks for Haiti and get critical supplies moving to where they are needed most. If you can make a tax-deductible contribution of a small truck, cargo truck or a light pick-up truck, e-mail trucks@clintonfoundation.orgClick here for the Motor Vehicle Bill of Sale/Donation Receipt form.


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NADA Issues Statement on the Toyota Recall

Toyota Motor Sales, U.S.A., Inc. announced on Jan. 26 that it would temporarily suspend production and sales of eight of its most popular models involved in the recall for sticking accelerator pedals.

In response, NADA issued the following statement: “Toyota is doing the right thing. The safety of the customer is of paramount concern. Toyota has a reputation for resolving problems quickly. We certainly hope that’s the case in this situation as well.

“This is creating a very difficult situation for dealers, in an already tough market. NADA is working with Toyota to identify a plan to help get dealers through this.

“For the consumer, Toyota has set up a toll-free number to answer customer’s questions. That number is 1-800-331-4331.”

Legal issues related to the Toyota recall
:

 Jan. 27 Safety-Related Defect Notice -- Memo to Toyota Dealers

 Jan. 28 Safety-Related Defect Notice -- Memo to NADA Members


NADA Convention Offers Nearly 100 Workshops
Focus on managing cash flow, inventory and service productivity

NADA Convention & Expo in Orlando, Feb. 13-15, couldn’t come at a better time to help dealers and their managers plan for the year ahead. It’s the perfect time for dealers to look for ways to improve their businesses and prepare for an economic rebound. “It’s been a tough year for everyone. Now it’s time to focus on the future, and that’s where the NADA convention comes in,” says John McEleney, NADA chairman. “We’ve got a strong lineup of expert speakers, 108 workshop sessions and 19 franchise meetings. We already have more than 460 companies exhibiting on the expo floor.” (
Read more ) On-site registration begins at 10 a.m., Friday, Feb. 12 in the Registration Concourse of the West Building, Orange County Convention Center. Click here for details .

Time Magazine's National Dealer of the Year to be Announced at NADA Convention in Orlando  

Forty-five new-car dealers from around the country have been nominated for the national Time Magazine Dealer of the Year Award. The award is presented by Time Magazine in partnership with Goodyear. This is the 41st annual Time award recognizing dealers who exhibit exceptional business performance combined with distinguished community service. It will be presented during the opening session of the NADA convention on Saturday, Feb 13 in Orlando, Fla. ( Read more )
 
Here are more NADA convention related stories:

 
'Aftermarket Zone' to Premier at NADA Convention & Expo
  NADA University Selects Industry-Leading Trainers to Kick off Activities at Convention in Orlando
  Auto Industry Focus Shifts to NADA Convention in Orlando Feb. 13-15
  For Auto Industry, All Roads Lead to Orlando (Orlando Sentinel)
 
AFSA's '10 Vehicle Finance Conference to Address Industry's Top Challenges
  Getting Ready for the Recovery: The 2010 NADA Convention and Expo (Dealer Marketing Magazine)
 
Strength In Numbers (Dealer Magazine)
  NADA University Set to Launch at Convention in February

 NADA Adds Convention Spiff (Automotive News)
 
Industry Leaders to Discuss the Future of Auto Retailing at NADA Convention
  NADA Enhances Convention Communications Through Social Networking



NADA Successful in Effort to Protect Auto Dealer Exclusion in House Financial Reform Bill

WASHINGTON -- Led by NADA's strong grassroots efforts, auto dealers would be exempt from oversight by a new Consumer Financial Protection Agency (CFPA) under a sweeping overhaul of the nation's financial regulatory system passed by the U.S. House of Representatives on Dec. 11, 2009. An amendment supported by NADA and sponsored by Rep. John Campbell, R-Calif., to exclude auto dealers from CFPA jurisdiction gained broad, bipartisan support, while a separate amendment that would have included auto dealers under the jurisdiction of CFPA was withdrawn by its sponsor, Rep. Mel Watt, D-N.C. The 1,279-page bill passed by a vote of 223-202.

“It is quite clear that Representatives on both sides of the aisle realized auto dealers were not part of the problem that caused the economic downturn,” says David Westcott, chairman of NADA’s Government Affairs Committee and a multifranchise dealer from North Carolina. “Dealer-assisted financing is already effectively and efficiently regulated at both the federal and state levels.” (
Read more)

Dealer Rights
NADA Supports a Single National Fuel Economy Standard
NADA Leads Effort for Full Disclosure of Totaled and Flooded Vehicles
GM Bankruptcy Information
Chrysler Bankruptcy Information


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Smaller Used-Vehicle Supply Boosts Wholesale Prices Every Month in 2009
Used-car shortage expected to ease in 2010

McLEAN, Va., Dec. 31, 2009 -- About 8 million fewer used cars and trucks entered the U.S. market over the past two years, resulting in higher used-vehicle prices every month in 2009, according to the latest AuctionNet data of wholesale transaction prices. AuctionNet is a joint partnership between the N.A.D.A. Official Used Car Guide and the National Auto Auction Association.

“There were several reasons for the decline in used-vehicle inventory: Dramatically lower new-car sales in 2008, as well as fewer trade-ins, off-lease vehicles, and rental-fleet vehicles in 2009,” says Paul Taylor, NADA chief economist. 
(Read more)

 
100 Trucks for Haiti
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NADA Chairman John McEleney discusses the need to attend the upcoming convention.

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 Last Year's NADA Convention in New Orleans (January 2009)
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