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Thursday, Oct. 13, 2011 RSSSEND TO A FRIENDPRINT
 
Inside This Issue
House GOP: Did Automakers Really Support Tougher Fuel Standards?
King: A Better Ford Deal Unlikely
Easier Credit, Leasing Boost U.S. Sales Outlook
Hyundai Outdoes Itself in U.S.
Booster Seats Are Better Than Ever, a New Report Finds
Seven Automakers Agree to EV Charging-System Standard
Why Is My Car Telling Me To Get Coffee?
Click here for NADA's online newsroom at NADAFrontPage.com. .
Top Stories
House GOP: Did Automakers Really Support Tougher Fuel Standards?

Top administration officials defended President Obama's fuel-efficiency regulations and the auto industry's support for those rules in the face of GOP skepticism at a House oversight hearing on Wednesday. [House Oversight and Government Reform Chairman Darrell Issa, R-Calif.,] claims the administration contrived the fuel-economy standards in secrecy and coerced auto manufacturers to go along with them. House Subcommittee on Regulatory Affairs, Stimulus Oversight and Government Spending Chairman Jim Jordan, R-Ohio, asked Jeremy Anwyl, CEO of auto sales website Edmunds.com, why auto manufacturers supported the administration's fuel-efficiency standards if-as Anwyl argued-people are not buying the most fuel-efficient cars in volumes needed to meet the new standard. Anwyl testified that automakers were afraid that if they didn't agree to federal standards, they would have to comply with state-by-state fuel-economy regulations, which would be even more difficult.
Source: National Journal (Subscription required)

Editors note: Congress preempts all states—including California—from regulating fuel economy under the CAFE law. California regulators are currently threatening to implement their completely different fuel economy regime for MY 2017 - 2025 if the Obama administration, in California’s estimation, does not raise the standard high enough. President Obama, fulfilling a campaign promise, allowed the EPA to reconsider and grant California a waiver under the Clean Air Act, which puts California in a position to enforce its own fuel economy regime.

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King: A Better Ford Deal Unlikely

UAW president warns workers against rejecting new contract

United Auto Workers President Bob King fears that if the tentative agreement reached with Ford Motor Co. — by far the richest for workers of the deals reached with Detroit's Big Three automakers — is not ratified, a subsequent deal may not be as attractive. King, however, said he thinks workers will approve the Ford agreement. "If the union doesn't ratify and we had to go back to the table, it could very well be a much more difficult economic situation," King said Wednesday following a press conference to announce a tentative four-year labor agreement with Chrysler Group LLC.
Source: The Detroit News

Related articles

  Opinion: Everyone Wins in Chrysler Deal (The Detroit News)
  Graphic: Comparing the UAW Contracts at Ford, GM, and Chrysler (Detroit Free Press)

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Easier Credit, Leasing Boost U.S. Sales Outlook

Greater credit availability is the biggest single factor why U.S. light-vehicle sales for 2011 should be around 1 million units higher than last year, the top forecaster for J.D. Power and Associates said last week. Other positive factors for 2011 include the return of leasing and fewer customers with negative equity, said Jeff Schuster at the Auto Industry Hot Topics Conference here hosted by J.D. Power and Standard & Poor's Ratings Services. The publicly traded dealership groups all report they are having an easier time getting customers financed, although it has taken longer for the market for subprime auto loans to recover.
Source: Automotive News

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Hyundai Outdoes Itself in U.S.

The head of Hyundai Motor Co.'s U.S. operations said the company's sales this year to individual consumers through Oct. 10 exceeded the total for all of 2010. John Krafcik, chief executive of the Korean auto maker's U.S. arm, said demand for Hyundai vehicles remains strong despite downbeat forecasts for U.S. economic growth. "We're 89 days ahead of schedule," in beating last year's retail sales, Mr. Krafcik said. Retail sales of Hyundai vehicles in the U.S. are up about 33% to 450,050 vehicles, company officials said.
Source: The Wall Street Journal 

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Booster Seats Are Better Than Ever, a New Report Finds

Parents hoping to make a safe choice when shopping for a booster seat for their children are in luck. There are more top-rated seats than ever, according to new ratings of more than 80 children’s booster seats released on Thursday by the Insurance Institute for Highway Safety, a nonprofit group financed by the insurance industry. A record 31 booster seats have been designated Best Bets by the institute, indicating that they correctly position a vehicle’s safety belt on a typical 4 to 8 year-old child in almost any car, minivan, or SUV.
Source: Forbes

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Seven Automakers Agree to EV Charging-System Standard

Audi AG, BMW AG, Daimler AG, Ford Motor Co., General Motors Co., Porsche AG and Volkswagen AG have agreed to support an international standardized approach to charge electric vehicles in Europe and the United States. The agreement will allow electric vehicles made by those manufacturers to share the same fast-charging stations. No Asian automakers are part of the agreement.
Source: Automotive News

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Why Is My Car Telling Me To Get Coffee?
By Sharon Silke Carty

I'm not sure what made me decide to send my 11-year-old to camp 4 ½ hours away, but it seemed like a good idea at the time. But about halfway home, she dozed off. It got a little quiet, and I cocked my head to the left. I didn't feel sleepy, but about ten minutes later I noticed something on the dashboard: A coffee cup and the message, "Time For A Rest?" Huh? Is it telling me there is a Starbucks at the next rest-area? Actually, my car is looking out for me.
Source: AOL Autos

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More articles

Oct. 12 - Enviro Who Named Himself After Earth to Blast Obama's CAFE Standards

Oct. 11 - House to Hold Hearing on 54.5 MPG Plan

Oct. 7 - Toyota Warns Parts Makers to Slash Prices or Be Replaced

Oct. 6 - Ford, GM May Qualify for Higher Credit Ratings

Oct. 5 - Auto Makers Now Import Jobs

 
Quotable
"I wonder how much consumer comments will actually be taken into consideration when a deal has already been announced."

   
-- Rep. Ann Marie Buerkle, R-N.Y., one of several lawmakers questioning the deal reached this summer to raise fuel economy standards for light duty vehicles to an average of 54.5 mpg by 2025, E&E Publishing, Oct. 13
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