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FEBRUARY 2010 ISSUE
 
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NEWS

ADESA Miami
Grand Opening!!


ADESA Miami General Manager Frank Ormento (left) seen with
Insurance Auto Auctions General Manager Robby Knapp (right).


Hundreds of buyers and sellers attended the Grand Opening of ADESA Miami, along with Regional Executives. ADESA Miami’s sale runs every Tuesday at 3 p.m. Location: 12700 NW 42 Ave. Ph (786) 515-2500.

Over 900 Car Dealers Try To Get Businesses Back
DETROIT (AP) - Michael Wolf is taking a big gamble that he can convince an arbitrator to give him back his Chrysler-Jeep dealership.

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As Sales Grow, Car Dealers Seem To Be In A Comeback Mood
ANNISTON, Ala. (AP) - It looks to be a good year for Wade Dinsmore.

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General Motors Auctions A Corvette For Haiti Relief
DETROIT (AP) - General Motors Co. will donate 100 percent of the proceeds from the auction of a limited-edition 2008 Chevrolet Corvette to the American Red Cross for relief efforts in Haiti.

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GM To Sell Saab To Dutch Carmaker Spyker For $74M
DETROIT (AP) - Saab got a new life as General Motors Co. agreed to sell the Swedish car brand to the small Dutch luxury carmaker Spyker Cars NV.

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Inexpensive Car From India Could Cost $8,000 In US
DETROIT (AP) - The world’s cheapest car is being readied for sale in the U.S., but by the time India’s Tata Nano is retrofitted to meet emissions and safety standards, it won’t be that cheap.

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Hot New Cars Roll In Detroit: Small, Electric And Sporty
DETROIT (AP) - More than any auto show in recent memory, the new cars rolled out this week out at the Detroit auto show will redefine what we drive in the future.

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Toyota Halts US Sales Of Camry And Seven Other Models
TOKYO (AP) - The faulty gas pedals that prompted Toyota to suspend U.S. sales of eight of its most popular models including the Camry, America’s best-selling car are also in its vehicles sold in Europe, an official with the automaker said.

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Prius No. 1 In Japan Sales As Green Interest Grows
TOKYO (AP) - The Toyota Prius is so sought after in Japan it is the first gasoline-electric hybrid vehicle to top annual sales, with buyers willing to wait six months for deliveries of the curvaceous “green” car.

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Vital Signs Improving For Detroit’s Automakers

DETROIT (AP) - The vital signs are improving for America’s automakers.

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