View Mobile Version | View Web Version

SPONSORED BY
Advertisement
NADA.org
Tuesday, July 19, 2011 RSSSEND TO A FRIENDPRINT
Inside This Issue
Auto Makers, White House Spar on Fuel-Economy Goal
Fleet Fades; 1st-Half Gains Were from Retail
GM Will Invest $328M to Retool Flint Truck Plant
Toyota to Build New Hybrid in Iwate in 2012
Study: Safety System Can Prevent Low-Speed Crashes
Click here for NADA's online newsroom at NADAFrontPage.com. .
Top 5 Stories
Auto Makers, White House Spar on Fuel-Economy Goal

The Obama administration and auto industry are deeply divided over whether future advancements in battery technology can support a proposal to roughly double fuel economy to 56 miles on a gallon of gasoline by 2025. [U.S. Department of Energy Secretary Steven Chu], who toured auto-battery supplier A123 Systems Inc., said there is a "50-50" chance that by 2021 auto companies will be able to produce a $20,000 battery-powered car that goes 300 miles on a single charge, reflecting a belief that battery costs will fall precipitously within the next decade. Auto makers technically could build vehicles to meet the 56 mpg target now, but those vehicles would be too small and costly and would lack the necessary safety features to be commercially viable, said Alan Taub, GM's vice president of global research and development. He said the administration's technical assessment appears to count some of the same technological advancements twice, overestimating the potential for improvement.
Source: The Wall Street Journal

[back to top]

Fleet Fades; 1st-Half Gains Were from Retail

With fleet sales easing again in June, major players in the U.S. light-vehicle market got virtually all their first-half growth on the retail side. Retail sales by the seven largest automakers rose 8 percent in June, to 707,000 units, slightly outperforming the overall market. But fleet volume fell 1 percent to 193,800. In the first half, fleet gains contributed only 9,000 of the nearly 600,000 additional sales racked up by General Motors, Ford Motor Co., Toyota Motor Sales U.S.A., Chrysler Group, American Honda Motor Co., Hyundai-Kia Automotive Group and Nissan Motor America.
Source: Automotive News

[back to top]

GM Will Invest $328M to Retool Flint Truck Plant

General Motors Co. confirmed Monday that it will invest $328 million to ready its Flint [Mich.] Assembly Plant to build the next-generation of Chevrolet and GMC pickup trucks. The investment will add or save about 150 jobs at the 2,100-worker factory, which builds full size and heavy duty trucks, including GM's top seller, the Chevy Silverado, and the GMC Sierra. The jobs are in addition to 750 being created or preserved when GM adds a third shift at the plant next month to meet growing demand for its heavy-duty pickups.
Source: The Detroit News

[back to top]

Toyota to Build New Hybrid in Iwate in 2012

Toyota Motor Corp. said Tuesday that despite the strength of the yen against the dollar, it will start domestic production by next year of a new compact hybrid vehicle, some of which will be exported overseas. The auto maker did not specify the model name, but company officials indicated it could be a hybrid version of the Yaris subcompact expected to debut in Europe next year, or the so-called Prius C, which will be introduced in the U.S. market in 2012. "It's a global small car" that will be exported from Japan and sold domestically, said Keiji Nakashima, a managing director at Central Motor Co., another Tohoku-based Toyota affiliate.
Source: The Wall Street Journal

[back to top]

Study: Safety System Can Prevent Low-Speed Crashes

Technology may be providing a cure for that bane of commuting drivers, the rear-end collision in bumper-to-bumper traffic, according to an auto insurance industry-funded study released Tuesday. The study by the Highway Loss Data Institute found that 2010 Volvo XC60s outfitted with a standard collision avoidance feature called City Safety are far less likely to be involved in low-speed, front-to-rear crashes than other mid-sized SUVs without the system. "This is our first real-world look at an advanced crash avoidance technology, and the findings are encouraging," Adrian Lund, president of institute, said.
Source: The Associated Press

[back to top]

More articles

July 18, 2011 - Automaker Ads to Protest Obama 56 m.p.g. Goal

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

 
Videos

 
Dealers in Good
Position to Sell

(AutoFocus)

 
NADA Foundation:
A Success Story
 
(AutoFocus)

Quotable
"The technology to make these vehicles exists, but can we make them robust, and can we drive the cost down?"

   
-- Alan Taub, GM's vice president of global research and development, explaining that auto makers could technically build vehicles to meet a 56 mpg target now, but those vehicles would be too small and costly, The Wall Street Journal, July 19
Marketplace
HP's Built-in Connectivity at Your Fingertips

July Specials from Lenovo

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
Search Back Issues | Unsubscribe | Subscribe | Manage your subscription | email us
NADA For more information on NADA, visit www.nada.org or contact NADA, 8400 Westpark Drive, McLean, VA 22102. This email may contain an advertisement of NADA products and services. Any opinions or statements contained herein do not necessarily reflect the views of NADA. Factual errors are the responsibility of the listed publication. If you are a franchised new-car or -truck dealer and would like to become a member of NADA, please visit the Join NADA section of www.nada.org. Questions or comments concerning NADA Headlines content may be directed to media@nada.org.