plus 4, Sixth Annual 2010 NAIAS Automotive Education Day Training For An ... - The Auto Chanel

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plus 4, Sixth Annual 2010 NAIAS Automotive Education Day Training For An ... - The Auto Chanel


Sixth Annual 2010 NAIAS Automotive Education Day Training For An ... - The Auto Chanel

Posted: 23 Dec 2009 09:57 PM PST


New breakout sessions, one-on-one interviews stress the importance of a good education

DETROIT, Dec. 23 -- The automotive industry has a future that will demand a trained and prepared workforce. This is the primary focus of the next Automotive Education Day at the North American International Auto Show (NAIAS), Jan. 20, 2010, beginning at 7:30 a.m. at Cobo Center in Detroit.

Students in grades 9-12 and college level are invited to attend Automotive Education Day presented by State Farm Insurance, where those interested in future careers in the automotive industry will once again be offered an opportunity to receive training and valuable knowledge about an ever-changing workplace.

The sixth annual Automotive Education Day allows students to explore the many different career pathways available in all automotive fields through breakout sessions, lesson plans and one-on-one discussions with various participating representatives. This year, a scavenger hunt will be added to encourage students to participate and the first place winner will take home a Sony PlayStation 3.

"Automotive Education Day is a highlight for NAIAS each year," said Doug Fox, Chairman, 2010 NAIAS. "As the automotive industry in particular begins to move forward after some challenging times, it's even more imperative that students looking to break into this industry are better equipped and better prepared than in years past."

State Farm Insurance and the Detroit Auto Dealers Association (DADA) Education Foundation will be offering $100 bus grants to the first 100 buses registered. Schools will automatically be signed up for the grants just by registering for Automotive Education Day, and they will be awarded on a first come, first served basis, as the registration forms are received.

Thousands of students from a variety of schools throughout southeast Michigan, surrounding states and across the river in Windsor, Ontario, Canada, are expected to attend. The activities get under way promptly at 8:30 a.m. with opening remarks at Cobo Arena.

Tickets for Automotive Education Day are $12 per student and include a lunch ticket. One adult chaperone per 10 students is required. Online registration is available at www.naias.com/aed.htm. Registration deadline is Friday, January 8, 2010. School groups should arrive at 7:30 a.m. at Cobo Arena. Contact Lacey Lambert at llambert@dada.org with any questions.

About the North American International Auto Show

Entering its 22nd year as an international event, the NAIAS is among the most prestigious auto shows in the world, providing unparalleled access to the automotive products, people and ideas that matter most - up close and in one place. One of the largest media events in North America, the NAIAS is the only auto show in the United States to earn an annual distinguished sanction of the Organisation Internationale des Constructeurs d'Automobiles, the Paris-based alliance of automotive trade associations and manufacturers from around the world. The NAIAS Web site can be accessed at www.naias.com.

 Press Preview - Monday-Tuesday, January 11-12, 2010 Industry Preview - Wednesday-Thursday, January 13-14, 2010 Charity Preview - Friday, January 15, 2010 Public Show - Saturday-Sunday, January 16-24, 2010 

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Harbor Cars of Northwest Indiana Chooses Dealer HD for Automotive ... - PRLog (free press release)

Posted: 23 Dec 2009 04:35 PM PST

practices and other additional features.

With Dealer HD dealer web sites, customers have access to a variety of features, which assist in their online automotive shopping experience. Some of these features include Car Builder HD, full-motion video reviews, Vehicle History, automated manufacturer rebates and incentives, Car Finder HD and Live Chat. Harbor Cars, along with all other Dealer HD clients, will also benefit from Dealer HD services such as quarterly site updates and one, dedicated account manager for their account.

"We are excited to start work with the Harbor Cars Group," said Justin Duff, Dealer HD National Sales Director. "They are a great addition to our growing client list and we're looking forward to helping them enhance their online presence."

The Harbor Cars Group represents eight brands, three rooftops and six websites across northwest Indiana. They join the Dealer HD team leaving automotive web competitor, TheNetLab.

Dealer HD is an Automotive Website and Solutions Provider serving clients Nationwide. Located in the southern suburbs of Chicago, the Dealer HD team has over 100 years of combined automotive experience. Dealer HD provides customizable dealer web sites with a comprehensive admin tool that collects dealer leads, allows the quick and easy editing of website content, inventory modification and more. Dealer HD makes sure your dealer website is ready for mobile applications, social networking, and all future web innovations.

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Research and Markets: China Automotive Finance Industry Report - In ... - Yahoo Finance

Posted: 23 Dec 2009 06:01 PM PST

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/b9e344/china_automotive_f) has announced the addition of the "China Automotive Finance Industry Report, 2009" report to their offering.

Automotive finance refers to the financing activities in the production, distribution, purchase and consumption of automobiles. Automotive finance companies are the non-bank financial institutions approved by China Banking Regulatory Commission to provide automotive financial service to buyers and sellers of automobiles in China.

With the substantial increase of China's automobile sales volume, the established concept of buying automobiles by loans, and the development of Chinese automobile finance companies, automobile finance companies have provided more and more loans to consumers year by year. In 2009, China's automobile sales volume is expected to reach 13 million vehicles, the automobiles purchase through automotive finance companies will value RMB44.2 billion.

As of November 2009, ten automotive finance companies have been set up in China, of which 9 are foreign-invested companies or joint ventures, and Chery Huishang Bank Auto Finance Co., Ltd. is the only local one. In November 2009, Guangzhou Auto Group was awarded with automotive finance license. Now, it plans to establish an automotive finance company, which will provide financing service for Guangzhou Auto Group, Guangqi Toyota, Guangqi Honda and Guangqi Fiat Auto. This company is expected to be the 11th automotive finance company in China. In addition, JAC and Brilliance are also applying for setting up automotive finance companies.

The report cites the data mainly from China Automotive Industry Association, and the official websites of automotive finance companies. The report focuses on the development of China's auto loans and automotive finance companies, related policies and future development trends to explore the potentials of China's automotive finance market and grasp the future development direction of China automotive finance industry.

Key Topics Covered:

1. Automotive Finance 1.1 Concept 1.2 Main Functions and Effects

2 Development of International Automotive Finance 2.1 Development 2.2 Profit Models 2.3 Key International Automotive Finance Companies

3 Chinese Consumers' Purchasing Cars by Loans 3.1 Consumption Habits 3.2 Attitude 3.3 Factors

4 Development of China's Automotive Credit Market 4.1 Scale 4.2 Approval Process

5 Development Environment for China's Automotive Finance Industry 5.1 Development of China Automobile Industry 5.2 China's Automotive Finance System 5.3 China's Automotive Finance Policies 5.4 SWOT

6 Development of China Automotive Finance Industry 6.1 Development 6.2 Profit Models 6.3 Development of Chinese Automotive Finance Companies 6.4 Development Potentials

7 Major Automotive Finance Companies 7.1 Existing Automotive Finance Companies in China 7.2 Automotive Finance Companies to be Approved in China

8 Problems and Countermeasures in the Development of China's Automotive Finance 8.1 Problems 8.2 Countermeasures

9 Future Development Trends of China's Automotive Finance

Companies Mentioned:

  • First Automobile Finance Co., Ltd
  • General Motors Acceptance Corporation
  • Volkswagen Finance Company (China)
  • Toyota Motor Finance (China) Co., Ltd.
  • Ford Motor Credit Company (China)
  • Daimler - Chrysler Financial Corporation
  • Volvo Automotive Finance (China) Co., Ltd.
  • Dongfeng Peugeot Citroen Auto Finance Company
  • Fiat Auto Finance Co., Ltd.
  • Chery Huishang Bank Auto Finance Co., Ltd.
  • Guangqi Auto Finance Co., Ltd.
  • Orient Jianghuai Auto Finance Co., Ltd.
  • Brilliance Automotive Finance Co., Ltd.

For more information visit http://www.researchandmarkets.com/research/b9e344/china_automotive_f

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Regal Automotive's Bid Wins the Michael Holley Chevrolet Property - The Ledger

Posted: 23 Dec 2009 09:00 PM PST

Lakeland-based Regal Automotive Group announced Tuesday its purchase of the former Holley Chevrolet facility on Bartow Road.

Regal was the winning bidder on the 10.5-acre property and Chevrolet building, which was put on the market in June by owner Fifth Third Bank.

Terms of the deal were not disclosed.

Regal previously acquired the Chevrolet franchise rights and an adjacent Kia dealership in a $12 million June bankruptcy sale.

Regal owner Sal Campisi Jr. said the Chevy site will give the firm a South Lakeland presence to complement its multiline dealership on Lakeland Hills Boulevard.

"Some customers have given us feedback by saying, 'I wish you were a little closer,'" Campisi told The Ledger. He noted that Regal lost its Pontiac and Jeep franchises earlier this year in cutbacks by General Motors and Chrysler.

"With us losing Pontiac and Jeep, we thought it was maybe time to branch out and get another location to open up our business a little bit," Campisi said.

The Holley Chevrolet complex, which includes 58,000 square feet of facilities, also had attracted interest from the Polk County School Board. School officials considered the site for district offices, as well as parking space that would serve neighboring Lakeland High School.

Fred Murphy, assistant superintendent of facilities, said Tuesday he was under the impression that Fifth Third Bank planned to hold onto the property until the economy improved.

"I'm a little surprised to hear Campisi's got the property," Murphy said. He said the district offered an estimated $3 million bid on the dealership.

Campisi said Regal's offer exceeded the district's bid. Earlier this year, a broker involved with the sale estimated the liquidation value at $6.5 million.

Billy Herold, general manager of Bartow Chevrolet, said Regal made a smart move by acquiring the Holley property.

"It's a nice store and it will serve their customer base better. I always thought Lakeland was a great market, and I'm kinda glad to see them win it," Herold said. "It's only a 4- or 5-year-old store, so they're not going to outgrow it anytime soon."

Campisi plans to reopen the Chevrolet dealership in late January and said it will involve an intensive hiring effort.

Regal Automotive now owns two distinct dealership sites in Lakeland with five total franchises: Acura, Chevrolet, GMC, Honda and Kia. Campisi said the firm is averaging roughly $8 million in total monthly sales and is selling about 4,000 cars per year.

Former auto dealers in the Birmingham, Ala., area, the Campisi family moved to Lakeland in 1976 and purchased the Kurley Pontiac dealership. The auto group, headed by Sal Campisi, is now more than three decades old.

Michael Holley, the Chevy dealership's former namesake, is awaiting trial on charges he kept an estimated $440,000 that should have gone toward paying off as many as 50 car loans.

The Chevy dealership has been vacant since Holley's arrest in December 2008.

[ Kyle Kennedy can be reached at kyle.kennedy@theledger.com or 863-802-7584. Ledger reporter John Chambliss contributed to this report. ]

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SADIF Analytics releases new summary due diligence report for O Reilly ... - PR Inside

Posted: 23 Dec 2009 10:51 AM PST

2009-12-23 19:54:05 - SADIF-Investment Analytics has applied its StockMarks™ stock-rating system to O Reilly Automotive, Inc. and produced a report, rating the company's attractiveness to long-term investors.

Ilhavo, Portugal – 23/12/2009 – SADIF Investment Analytics, announces a new summary due diligence report covering O Reilly Automotive, Inc. (ORLY). The report uses SADIF's powerful StockMarks™ stock rating system and contains important analysis for any current or potential O Reilly Automotive, Inc. investor.

Report Summary: O Reilly Automotive, Inc. is a high quality company with a neutral outlook. O Reilly

Automotive, Inc. has strong business growth and is run by passable management. When compared to its closest peer, Advance Auto Parts, Inc., O Reilly Automotive, Inc. shows similar undervaluation and is more likely to outperform the market.

The 8-page report breaks down the Total StockMark into its three components – business, management and price, performing an in-depth analysis of O Reilly Automotive, Inc. for long-term investors.

The report has been distributed to Reuters, and forwarded to Yahoo Finance and FT.com. It is available under 'Analyst Reports' from these websites, from multiple professional platforms including Reuters Knowledge, TheMarkets.com, Thomson Research and Capital IQ or directly from SADIF-Investment Analytics at:
www.sadifanalytics.com/stockmarks/company.php?tickerr=ORLY&cod_c ..

About SADIF-Investment Analytics:
SADIF-Investment Analytics is an independent investment research company covering sixteen different markets and over 12,000 companies. The StockMarks™ system is based on proven investment principles and is designed to drive long-term shareholder returns.

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