Permanent display to honor RVDA legacy donors

(Dec. 3, 2012) -- “It’s fitting to recognize the generosity and foresight of these legacy donors as we launch this year’s fund raising drive,” said Pastore. “These original donors made the down payment on what is now the flagship educational institution for dealers and their staff. We owe a real debt of gratitude to these early supporters who believed in that vision.”

U.S. manufacturing contracts in November

(Dec. 3, 2012) -- Activity in the U.S. manufacturing sector declined in November, as evidenced by the ISM manufacturing index falling to 49.5 in the month from 51.7 in October. A reading below 50 indicates that the sector is generally contracting, said Jeffries. The falloff in activity comes after two months of expansion, and the November level of the index represents the worst reading since June 2009. Market expectations had been for a marginal decline in the measure to 51.5, he noted.