Canadian Automobile Dealers Association Chief Economist Fall Economic Update

OTTAWA, Sept. 2 /CNW/ -

WHO:	Canadian Automobile Dealers Association (CADA) Chief Economist Michael Hatch
WHAT:	CADA Chief Economist will hold a media teleconference to provide his fall economic update on the state of the retail automotive industry in Canada.
WHEN:	Friday, September 3^rd 2010 at 12:00 PM EDT
CALL IN:	[phone], Conference ID# 98449328
WHY:	Though growth has slowed in recent months, car sales remain very strong in Canada. This summer has seen monthly sales return to nearly pre-recession peaks. However car dealers - and all Canadian businesses - still face headwinds as unemployment refuses to return to pre-recession levels. Also, the inevitable withdrawal of fiscal stimulus in 2011 means consumers will have to do more to keep the economy growing beyond next year.

INTERVIEW OPPORTUNITIES:

Michael Hatch CADA Chief Economist

For further information:

or assistance in reaching interview subjects, please contact Michael Powell at 1-800-465-3054 or 613-230-2079.