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Monday, July 18, 2011 RSSSEND TO A FRIENDPRINT
Inside This Issue
Automaker Ads to Protest Obama 56 m.p.g. Goal
Industry, Calif. Clash Over ZEV Plan
The Hard-Charging Chrysler/Fiat Leader Will Relinquish Some Authority to Regional Chiefs
Cordray, Not Warren, to Lead CFPB
Chrysler Also Backs Ban on Handheld Phone Use While Driving
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Top 5 Stories
Automaker Ads to Protest Obama 56 m.p.g. Goal

Automakers are launching a new radio ad campaign in Michigan and six other states Tuesday, accusing the Obama administration of threatening the industry's recovery by seeking a 56-m.p.g. fuel economy target by 2025. The ads warn consumers of fewer choices, higher prices and potential job losses. Gloria Bergquist, vice president of the Alliance of Automobile Manufacturers, said the group hopes to "start a discussion about the critical role of consumers" with the ads. White House spokesman Matt Lehrich said the administration would engage all parties as it worked to "develop a standard that will save families money and keep the jobs of the future here."
Source: Detroit Free Press

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Industry, Calif. Clash Over ZEV Plan

Dispute centers on alt-fuel vehicle sales

Automakers and California regulators are locking horns over the state's plan to increase sales of alternative-fuel vehicles, making it one of the most contentious issues in talks on 2017-25 federal fuel economy standards. The California plan, if adopted this year, would require automakers to meet sharply higher requirements for sales or pay fines. Nine other states, including New York, New Jersey, Massachusetts and Maryland, also follow California's ZEV rules. Automakers want California to abandon its program of requirements for electric vehicles, hybrids and hydrogen fuel-cell cars. Under the program being considered, sales of alternative-fuel vehicles would account for 5.5 percent of all new-car sales in 2018 and 14 percent in 2025. By 2050, all new-car sales would have to be alternative-fuel vehicles.
Source: Automotive News

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The Hard-Charging Chrysler/Fiat Leader Will Relinquish Some Authority to Regional Chiefs

TURIN, Italy -- Sergio Marchionne, who personally holds almost all authority at Fiat and Chrysler through an astonishing 50 direct reports, is preparing a new management structure that would delegate some authority to regional managers. He spent the past weekend working here on the final touches of the plan that would operate Chrysler and Fiat as a more unified company, sources say. Marchionne plans to announce a unified structure "pretty quickly," he told reporters in Zurich last week after a speech at the Swiss-American Chamber of Commerce. He is expected to announce the 25 executives who will steer Fiat and Chrysler on July 26 in Belo Horizonte, Brazil, where the Fiat board will meet to approve the company's quarterly results.
Source: Automotive News

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Cordray, Not Warren, to Lead CFPB

President Obama has selected former Ohio Attorney General Richard Cordray to lead the embattled Consumer Financial Protection Bureau. Cordray, 52, currently serves as the director of enforcement for the Bureau, and has been among names discussed for the position, although he has largely been absent from the public rumor mill surrounding the nomination in recent weeks. Republicans responded to the announcement about Cordray with a reminder that they intend to oppose “any nominee, regardless of party affiliation” unless the White House made a slew of changes to the agency. In a May 5 letter to Obama, 44 Republicans said that no nominee would be confirmed unless there were structural reforms in place to make the agency more “transparent” and “accountable to the American people.”
Source: Politico

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Chrysler Also Backs Ban on Handheld Phone Use While Driving

Chrysler is the second U.S. automaker to back a nationwide ban on the use of handheld phones and other mobile devices while driving. Chrysler joined Ford today in endorsing the Safe Drivers Act of 2011, introduced by Rep. Carolyn McCarthy, D-N.Y. The bill would order the federal government to wrestle all the states into banning handheld use of phones, except in emergencies. The stick: States that don't go along could lose up to a quarter of their federal transportation funding.
Source: USA Today

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More articles

July 15, 2011 - White House Offers Auto Makers Concession to Win Mileage Support

July 14, 2011 - Auto Dealers Add Shine to Showrooms to Create Buyer 'Experience'

July 13, 2011 - House Panel Votes to Bar EPA, California Tailpipe Rules

July 12, 2011 - Dealers Put More Muscle into F&I Training

July 11, 2011 - Federal Agencies Release Final Credit Score Disclosures Rules

 
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Convention News
Online Registration for 2012 Convention Opens July 25

Registration for the 2012 NADA and ATD Convention and Expo, Feb. 3-6 in Las Vegas, will open online July 25 at 9 a.m. EDT. The 2012 convention will mark the first time the NADA and ATD conventions will be held together. Dealers are urged to register early to take advantage of early-bird pricing and reduced hotel rates. Click here to register.

Foundation News
NADA's Bruce Kelleher and Wife Honored as 'Family Ambassadors of Distinction'

Boston Dealer Creates 'Family Ambassadors of Distinction'


NADA Foundation Program Reaches 500th Ambassador
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