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  • 22 Jun 2011 2:48 PM | Anonymous
    The financial performance of new-car and -truck dealerships improved in 2010, despite a slow economic recovery, says Paul Taylor, chief economist of the National Automobile Dealers Association (NADA), in the trade group's latest report on the state of the industry. New-car dealerships on average employed 50 people with an annual payroll of about $2.6 million in 2010, an increase from 2009, according to NADA DATA 2011, an analysis of the U.S. car and truck industry with an emphasis on auto retailing.

  • 17 Jun 2011 12:12 PM | Anonymous
    Did the Obama administration save the auto industry with a bailout only to burden it with excessive regulations? That's a very real possibility, according to an analysis by the Center for Automotive Research (CAR) of the impact of proposed new fuel economy standards. And the threat presented by what CAR calls "extreme mandates" will mainly be to middle-class Americans, who could lose the freedom to drive a car. At the least, many families will be priced out of the new car market, and will have to turn to used vehicles or hold onto their cars much longer. Regulators can't continue to pull ever-higher fuel economy numbers out of a hat and demand that automakers meet them, without regard to cost or the impact on jobs.
    Source: The Detroit News

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