Industry Leaders Convene for NADA/IHS Global Insight Automotive Forum Today in NYC
NEW YORK – Chrysler Group chief executive Sergio Marchionne kicked off a day-long automotive forum with a keynote address at the New York Marriott Marquis today in Manhattan.
“The forum is a rare opportunity for automakers, dealers and suppliers to come together in one location and share insights on where the auto industry is headed after nearly two years of turmoil,” said Ed Tonkin, chairman of the National Automobile Dealers Association (NADA) and a multifranchise dealer from Portland, Ore.
Tonkin is joining 25 other leaders from all sectors of the auto industry at Automotive Forum 2010, sponsored by NADA and IHS Global Insight and hosted by the New York International Auto Show.
The forum, called “Transformation of the U.S. Economy and the Auto Industry,” includes numerous presentations and panel discussions from automakers, suppliers, retailers and media.
Mike Jackson, AutoNation’s chief executive, moderated an automaker panel, which includes: James Lentz, president of Toyota Motor Sales, U.S.A.; Mark Barnes, chief operating officer, Volkswagen Group of America; John Mendel, executive vice president of American Honda Motor Co.; and Jim O’Donnell, president of BMW of North America
"In a complex industry like ours, the ... Automotive Forum presents a unique opportunity for industry experts to share many perspectives, insights and best practices," said Lentz. "Having faced a tough marketplace over the last few years, the auto industry will emerge stronger than before with a brighter future than its recent past."
Other speakers include: Susan Scarola, chief executive of DCH Auto Group; Earl Hesterberg, chief executive of Group 1 Automotive; and Nariman Behravesh, chief economist of IHS. Alex Taylor, senior editor of Fortune, will moderate a media panel discussion.
"I’m looking forward to hearing what participants have to say about the health of the overall auto market and the industry," said Joseph White, senior editor in the Wall Street Journal Washington Bureau, and a media panelist. "I expect there will be discussion about the federal role in the industry – both in terms of the GM and Chrysler bailouts, but also new regulatory pressures on fuel efficiency and safety."
Editor's Note: Look to NADAFrontPage.com for complete coverage of the forum.
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