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Friday, June 17, 2011 RSSSEND TO A FRIENDPRINT
Top 5 Stories
Toyota Sees Full Production by Fall
Editorial: Automakers Can't Bear Extreme Fuel Mandates
Fiat Tries Thinking Bigger for Car Design
2012 Detroit Auto Show to Have More Space, More Vehicle Intros
New Jersey GM Dealer to Be Featured in New National Geographic Show
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Top 5 Stories
Toyota Sees Full Production by Fall

Toyota Motor Corp. said its North American factories will return to full production by September, two to three months ahead of an earlier forecast and signaling it is near an end to the disruptions caused by the March 11 earthquake. Toyota on June 6 reached full production for eight of the 12 models it makes in North America, but shortages of made-in-Japan parts still are holding back assembly of the other four. They are the RAV4 and Lexus RX350 compact sport-utility vehicles, built in Ontario, Canada, and the Tundra and Tacoma pickups built in San Antonio, Texas.
Source: The Wall Street Journal

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Editorial: Automakers Can't Bear Extreme Fuel Mandates

Proposed CAFE standards risk driving car prices out of reach

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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Fiat Tries Thinking Bigger for Car Design

Two years to the month after Sergio Marchionne formed the auto industry’s biggest transatlantic alliance, Fiat is launching the first vehicle that has been created under its partnership with Chrysler. The Italian carmaker this week premiered the Freemont, a “crossover” or compact sport utility vehicle based on the Dodge Journey built by its US partner, and at nearly five metres long, the biggest vehicle in its range. The idea is that Fiat fills out Chrysler’s product offering with smaller cars, while Chrysler develops bigger vehicles like the Freemont for Fiat.
Source: Financial Times

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2012 Detroit Auto Show to Have More Space, More Vehicle Intros

The 2012 North American International Auto Show will have more exhibit space and more vehicle introductions than this year’s show, which drew 735,370 people to Cobo Center in Detroit. The show will also add a second full day of press conferences and vehicle unveilings, a change that should keep a few thousand business travelers patronizing local hotels and restaurants longer. “The automakers have a lot to talk about this year,” [show chairman Bill Perkins] said. “We'll have more vehicle introductions.”
Source: Detroit Free Press

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New Jersey GM Dealer to Be Featured in New National Geographic Show

You can’t blame it all on the economy. That’s one of the three messages that Grant Cardone hopes car dealers will take away from watching him help turnaround the business of one of their brethren in the premiere episode of the new show Turnaround King, which is set to begin at 9 p.m. EDT Sunday on the National Geographic Channel. Cardone — who is also an auto industry sales/management trainer and NADA University Partner trainer — spoke with Auto Remarketing on Thursday afternoon about the show’s first episode. In the second section of the two-part debut episode of the unscripted reality show, Cardone is in Keyport, N.J., to work with Straub Buick GMC.
Source: Auto Remarketing

Editor's note: NADA members can access sales training programs by all of the NADA U Partner trainers, including Cardone, at www.NADAUniversity.com.

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More articles

June 16, 2011 - Honda Rolls Out New Incentive Policy

June 15, 2011 - Study: Fuel Rules to Hike Car Costs

June 14, 2011 - Honda Forecasts Profit to Drop 63% After Earthquake Disrupts Production

June 13, 2011 - Ally Partners with TIME on Prestigious Dealer of the Year Honor

June 10, 2011 - GM Expands Chevrolet Volt Orders to All 50 States, Lowers Price

 
Videos

 
Relief for Dealership Employees (NADA-TV)

 
Mercedes Enrolls in
NADA U
(NADA-TV)

 
Dealers 'Scramble'
for Used Cars

(AutoFocus)

Quotable
"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."

    -- The Detroit News, in an editorial arguing the Obama administration's "extreme" fuel-economy mandates will price many middle-class families out of the new-car market, June 16

Marketplace
Free Webinar: “Boost Your Revenue in Today's Transparent Used Car Market,” June 21 at 12 p.m. EDT 

Dealer Executive Education at Babson College August 2011 Class Forming Now

HP's Built-in Connectivity at Your Fingertips

Lenovo's June Savings

Foundation News
Boston Dealer Creates 'Family Ambassadors of Distinction'

NADA Foundation Program Reaches 500th Ambassador

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