International Automakers, Dealers Join On First DC Summit
International Automakers, Dealers Join On First DC Summit The American International Automobile Dealers Association (AIADA) and the Association of International Automobile Manufacturers (AIAM) came together last week to hold their first two-day International Auto Industry Summit in Washington, D.C., featuring top executives from the wholesale and retail sectors of the international nameplates side of the […]
Read MoreThe Case for Sub-Prime Financing
The Case for Sub-Prime Financing With media coverage of sub-prime lending also heating up lately, NADA also issued the following talking points designed to help dealers respond to media inquiries about sub-prime financing: · Sub-prime financing has opened the door to car ownership for many people who otherwise couldn’t afford it. In some cases, that […]
Read MoreDealerships Did Nearly $50 Billion in Sub-prime New-Vehicle Loans
Dealerships Did Nearly $50 Billion in Sub-prime New-Vehicle Loans Auto dealerships initiated nearly $50 billion in sub-prime new-vehicle loans in 2006, according to real-time retail transaction data from the Power Information Network (PIN), a division of J.D. Power and Associates. Approximately 20 percent of the 9.6 million customers who leased or financed a new vehicle […]
Read MoreLatest in CAFE
Latest in CAFE Directly engaged in the CAFE debate, NADA and the American Truck Dealers (ATD) sent a letter on May 7 to each member of the Senate Commerce Committee, which was considering legislation to increase corporate average fuel economy (CAFE) standards for cars and light trucks, and for the first time, apply CAFE standards […]
Read MoreSave The Date
WANADA Kindred-Line Member Appreciation Reception [I]6:00 p.m.- 7:30 p.m., Thursday, June 7, 2007[/I] Congressional Country Club, 8500 River Road, Potomac, Maryland In appreciation of the support and invaluable resources provided to dealers by our kindred-line members, WANADA has scheduled the above reception to coincide with our regular board of directors meeting. This gathering will bring […]
Read More2007 Wanada Open
2007 WANADA Open Monday, June 4, Lansdowne Resort Can you image being left out of an extraordinary day of golf, or missing the annual fellowship that abounds over drinks, dinner and incredible prize drawings? Parish the thought, and be there Monday, June 4 for the 2007 WANADA Open rolling out once again at the spectacular […]
Read MoreThe Bobby Mitchell Hall of Fame Classic, July 8&9, 2007
[U]Get on Board Now for This Premier Summer Event[/U] The Bobby Mitchell Hall of Fame Classic, July 8&9 Sponsorship Opportunities Still Available, Auction Items Needed The Bobby Mitchell/Toyota Hall of Fame Classic sponsored by Washington Area Auto Dealers, at the Lansdowne Resort, July 8 & 9, is the big summer event for area dealers. Last […]
Read MoreStaying Ahead
Staying AheadÄ “Men are like wine – some turn to vinegar, but the best improve with age.” –Pope John XXIII
Read MoreBetter Than Ever, Get On Board Today! Five New Hall of Famers Join BMC July 7 & 8, Lansdowne Resort
[U]Better Than Ever, Get On Board Today![/U] Five New Hall of Famers Join BMC F.B.O. Leukemia /Lymphoma Research [I]July 7 & 8, Lansdowne Resort[/I] News Flash: 2007 Hall of Fame inductees Roger Wehrli of the St. Louis Cardinals and Charlie Sanders of the Detroit Lions will join fellow sports legends for the 17th anniversary of […]
Read MoreLoJack Helps Recover Land Rover Stolen in VA
LoJack Helps Recover Land Rover Stolen in VA LoJack Corporation reports that its Stolen Vehicle Recovery System was instrumental in assisting police recover a Land Rover that had been reported stolen in Virginia. A Newark, New Jersey police aviation unit received a signal from the LoJack-equipped Land Rover, and the helicopter tracked the LoJack signal […]
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