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PricewaterhouseCoopers Names Tom Webb Sr. Manager in the Automotive Practice

3 March 1999

PricewaterhouseCoopers Names Tom Webb Sr. Manager in the Automotive Practice

    DETROIT, March 3 -- Tom Webb, most recently chief economist
for the National Automobile Dealers Association (NADA), has been named Senior
Manager in the automotive practice at PricewaterhouseCoopers, the world's
largest professional services organization.  The announcement was made today
by Herb Walter, partner-in-charge of the Financial Advisory Services practice
for the automotive sector at PricewaterhouseCoopers.
    "Tom brings more than 25 years' experience in analyzing the retail
automotive industry," said Mr. Walter.  "His focus on dealership issues,
operational practices and changing manufacturer/dealer relationships broadens
our capability to measure and analyze automotive retailing trends and
practices and to serve the full automotive supply chain, from raw materials to
manufacturer, to the retail transaction."
    Mr. Webb joins PricewaterhouseCoopers having served the NADA for more than
25 years.  NADA is the McLean, Va.-based trade organization that represents
19,500 automobile dealerships nationwide.
    Mr. Webb joined NADA in 1973 as a research analyst, moving up to chief
economist in 1986.  He served as chief liaison and spokesperson on economic
and market trends to the automotive community including the news media, state
and local dealer associations, and allied industries.
    He is a member of the Federal Reserve Bank of Chicago Economic Outlook
Panel and a panel member of the Federal Reserve Bank of Philadelphia's
Livingston Survey, and he holds memberships in Omicron Delta Epsilon, the
American Economic Association, the National Economists Club, the Automotive
Market Research Council and the National Association of Business Economists.
    Webb earned a bachelor's degree at the University of Wyoming in Laramie,
and attended graduate school at Georgetown University in Washington, D.C.
where he majored in economics with a specialization in industrial organization
and macro analysis.
    PricewaterhouseCoopers, the world's largest professional service
organization, helps clients build value, manage risk and improve their
performance.  Drawing on the talents of more than 146,000 people in 148
countries, PricewaterhouseCoopers provides a full range of business advisory
services to leading global, national and local companies and to public
institutions.  These services include audit, accounting and tax advice;
management, information technology and human resource consulting; financial
advisory services including mergers and acquisitions, business recovery,
project finance and litigation support; business process outsourcing services;
and legal services through a global network of affiliated law firms.
    PricewaterhouseCoopers refers to the U.S. firm of PricewaterhouseCoopers
LLP and other members of the worldwide PricewaterhouseCoopers organization.