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Monday, Nov. 14, 2011 FacebookTwitterFlickrRSSSEND TO A FRIENDPRINT
Inside This Issue
Big Crowd Heading for NADA Parley
Nissan, Honda Resume Some Production in Thailand After Floods
GM Suspending Cruze Output for Week as Japan Rivals Rebound
BMW's New U.S. Boss Wants to Build a Bridge to Dealers
Hyundai Hopes Super Bowl Ads Boost Brand Image
Ally Financial Salutes 2012 TIME Dealer of Year Nominees
Click here for more auto industry news at NADAFrontPage.com. .
Top Stories
Big Crowd Heading for NADA Parley

Here's a positive economic indicator for the auto industry: Scheduled attendance for the National Automobile Dealers Association convention in Las Vegas in February is on track to surpass 20,000 for the first time since 2008. Back then, 23,901 people showed up for the big do in San Francisco. Chrysler CEO Sergio Marchionne will speak. For the first time, NADA's affiliate, the American Truck Dealers, will hold its annual convention at the same time and place.
Source: Automotive News

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Nissan, Honda Resume Some Production in Thailand After Floods

Nissan Motor Co. ... resumed some production in Thailand after parts supply recovered following the Southeast Asian nation’s worst floods in almost 70 years. Nissan, which closed its factory in Samut Prakan on Oct. 14, began limited production at the plant today, the Yokohama-based company said on its website. Honda Motor Co. ... restarted production of “some motorcycle and power products” in Thailand today, the Tokyo-based company said in a statement. Honda and Toyota Motor Corp., Japan’s largest carmaker, withdrew full-year profit forecasts after the floods disrupted supply chains in Thailand, a regional automaking hub. Toyota has said it expects to resume production in the Southeast Asian country Nov. 21 and that operations in Japan should “almost fully recover” within the same week.
Source: Bloomberg

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GM Suspending Cruze Output for Week as Japan Rivals Rebound

General Motors Co. will suspend production at its factory that assembles Chevrolet Cruze compact cars for one week to avoid oversupply of the model as Japanese rivals’ inventories rebound. The Lordstown, Ohio, plant will stop output for the week of Nov. 28, Chris Lee, a spokesman for the Detroit-based automaker, said in a phone interview. United Auto Workers Local 1714, which represents the plant’s hourly workers, cited competitors’ inventories recovering from the March earthquake and tsunami in Japan as a reason for the shutdown in a message to members on its website. “We don’t want to overproduce,” GM’s Lee said in a phone interview. “Those days are gone from a GM standpoint. We’re just keeping it in control and we’ll ramp it back up and be prepared for a strong start after the first of the year.”
Source: Bloomberg

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BMW's New U.S. Boss Wants to Build a Bridge to Dealers

Having spent years running dealerships and even working as a car salesman, Ludwig Willisch, BMW of North America's new CEO, figures he can repair BMW's bruised relations with its U.S. retailers. Willisch, who has been in the job since Oct. 1, says he wants to have "the most satisfied customers and to be the most motivated team" in the luxury car segment. To get there, BMW must include dealers in its decisions. "It is not us and them," he says. "It should be us -- everyone." Willisch ... replaced Jim O'Donnell, the feisty Scot who retired last summer. O'Donnell led BMW of North America through the recession. To cut costs he slashed lease volume, reduced incentive spending and cut the warranty labor reimbursement. He also lowered the base dealer margin and made dealer bonuses harder to earn. The changes angered dealers who complained about a lack of communication with the factory. BMW has ranked near the bottom in the National Automobile Dealers Association's Dealer Attitude Survey in recent years.
Source: Automotive News

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Hyundai Hopes Super Bowl Ads Boost Brand Image

Hyundai Motor Co. is hoping that five television spots before and during the Feb. 5 Super Bowl game will help to bolster its rising brand recognition and continue big sales gains from the past few years. North American CEO John Krafcik says the fast-growing brand is working on a 60-second spot that will run right before kickoff, plus two ads on the pregame show and two during the first and third quarters of the game. Last year Super Bowl ads cost companies about $3 million for 30 seconds. Hyundai's sales are so strong that it's having trouble supplying cars and crossovers to its dealers, Krafcik said. It has raised the annual output at its Montgomery, Ala., factory to around 330,000 this year, and will produce more cars in North America in 2012, he said.
Source: The Associated Press

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Ally Financial Salutes 2012 TIME Dealer of Year Nominees

Company launches digital hub to celebrate dealer community involvement
Ally Financial salutes 50 extraordinary dealers who have been named today as final nominees for the 2012 TIME Dealer of the Year honor. Ally is the exclusive sponsor of TIME Dealer of the Year. As part of its support for the program, Ally will make charitable contributions to local community causes on behalf of all 50 nominated dealers across the United States. In addition, the 2012 national winner will receive a $10,000 contribution for a nonprofit organization of their choice. To celebrate the valuable contributions of all dealers across the United States, Ally has also launched a digital hub (allybizhero.com) featuring engaging content celebrating auto dealers and their philanthropic achievements. The program, heading into its 43rd year, is one of the automobile industry’s most prestigious awards for new car dealers and is produced in cooperation with the National Automobile Dealers Association. The winner will be announced at the NADA Convention and Expo in Las Vegas on Feb. 4. Click here for the list of nominees.
Source: Ally Financial

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The NADA Story

The NADA story began in 1917 when 30 auto dealers traveled to the nation’s capital to convince Congress not to impose a luxury tax on the automobile. They successfully argued that the automobile is a necessity of American life, not a luxury. From that experience was born the National Automobile Dealers Association. Today, NADA represents nearly 16,000 new-car and -truck dealerships with 32,500 franchises, both domestic and international.

 
Quotable

"It gives me goosebumps."

   
-- John Krafcik, Hyundai’s president and CEO, referring to the possibilities of airing a 60-second commercial before the kickoff of Super Bowl XLVI on Sunday, Feb. 5, Detroit Free Press, Nov. 11

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Videos


 Economic Report from NADA Chief Economist Paul Taylor
(AutoFocus)

Ford's Czubay on Fuel Economy and Consumer Choice  (AutoFocus)

NADA Used Car Guide October Market Update (AutoFocus)

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Chairman's Column
Study Takes a Look at ROI of Factory Image Programs

Economic Fears May be Rising, But New-Car Sales are Still Expected to Rise

Dodd-Frank Law Takes Effect with Implications for F&I Office

Convention News
Learn 'The Art of Leadership' with Author and Playwright John Powers

For the first time, best-selling author and playwright Dr. John Powers will speak at the 2012 NADA-ATD Convention & Expo in Las Vegas. He will discuss how listening is critical to strong leadership during the workshop "Walk Softly So You Can Listen: The Art of Leadership" on Sunday, Feb. 5 from 2:15 to 3:30 p.m. For an advance look at Powers' presentation, register for the NADA University Learning Hub webinar "Wrong Customers are Still Customers" on Wednesday, Jan. 18, from 1-3 p.m. EDT. Las Vegas hotel rooms are filling up fast. Click here to register for the convention today.

Exhibitor Spotlight: Duro-Last Roofing, Inc.

Duro-Last Roofing manufactures a custom-prefabricated, reinforced, thermoplastic single-ply roofing system that is ideal for commercial, industrial, flat or low-sloped applications. Visit Duro-Last Roofing in booth 3877 at the 2012 NADA-ATD Convention & Expo.

Foundation News
Iraq War Veteran, Disabled Child Receive Canine Companions from the NADA Foundation

NADA Foundation: Ambassador Supports American Red Cross


NADA Foundation: Ambassador Supports Reading Program in Michigan
Marketplace
New NADA Mobile App for iPhone and iPad

Special NADA Pricing on Sleek HP Powerhouse PC

Holiday Savings from Lenovo
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