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Wednesday, Nov. 16, 2011 FacebookTwitterFlickrRSSSEND TO A FRIENDPRINT
Inside This Issue
White House to Reveal Proposed 2017-25 Fuel Economy Rules
General Motors Sees November Auto Sales Accelerating to 14 Million Pace
Toyota President Pumps Up Dealers
Cadillac Aims Flagship XTS at Imports, Traditional Buyers
2013 Ford Escape: America's Best-Selling SUV Gets a Makeover
NADA Foundation Ambassador Peter Blackstock Supports California School
Click here for more auto industry news at NADAFrontPage.com. .
Top Stories
White House to Reveal Proposed 2017-25 Fuel Economy Rules

The Obama administration [today] will unveil proposed new rules to hike fuel economy regulations for the 2017-25 model years that nearly double requirements to 54.5 mpg. The proposal is expected to match the outlines of a preliminary deal reached with most major automakers in July. The biggest issue in the proposed rules will be the government's cost-benefit analysis — how much the government estimates it will add to the cost of new vehicles and the impact on future auto sales and jobs. Automakers, environmentalists and the public will have months to make comments and urge changes to the proposal before it becomes final, a move expected by the end of July.
Source: The Detroit News

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General Motors Sees November Auto Sales Accelerating to 14 Million Pace

Industrywide U.S. auto sales may accelerate this month to a seasonally adjusted annual rate of about 14 million, the best pace this year, a General Motors Co. executive said [Tuesday]. “We’re expecting to get close to that 14 million” rate, Don Johnson, vice president of U.S. sales, said today at a Barclays Capital investor conference in New York. Industry sales may be “flat to slightly up” in the U.S. next year, Johnson said. “Talk of a double-dip recession appears to be receding,” he said. “We need improvement in the labor market to support consumer spending. The European debt crisis remains a concern.”
Source: Bloomberg 

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Toyota President Pumps Up Dealers

Toyota Motor Corp. President Akio Toyoda told a gathering of dealers in Los Vegas that the automaker would keep growing sustainably by making even better and cleaner cars. Toyoda, grandson of the Japanese automaker's founder, made the remarks at the Toyota World Convention, held roughly every four years since 1984, the company said in a statement. "Growth means changing in step with changes in society," Toyoda said. "Only by promoting change can sustainable growth be created. Toyota can achieve sustainable growth if we can continue making better cars for people."
Source: The Detroit News

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Cadillac Aims Flagship XTS at Imports, Traditional Buyers

General Motors today unveiled the Cadillac XTS, a roomy and technology-laden full-sized luxury sedan that GM hopes will lure import buyers while still appealing to traditional Cadillac buyers. The 2013 XTS, debuting at the Los Angeles Auto Show, will replace the recently discontinued DTS and STS sedans to become Cadillac's flagship sedan when it goes on sale in the spring. The XTS "represents a new formula for luxury, driven by technology," Don Butler, vice president of Cadillac marketing, said in a statement. "XTS showcases the evolution of our art and science philosophy, merging the best technical ideas with the continued refinement of Cadillac design."
Source: Automotive News (subscription required)

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2013 Ford Escape: America's Best-Selling SUV Gets a Makeover

The best-selling SUV in the U.S. is getting a makeover: Ford is introducing a dramatically redesigned version of its Escape small sport utility on Wednesday at the Los Angeles Auto Show. The new Escape discards the squared-off silhouette that has been standard for SUVs in the past. Instead, the sleeker look features an arcing roof line that echoes the design of a major competitor, the Honda CR-V (which is also getting a makeover of its own). Though full EPA gas mileage ratings aren't yet available, Ford engineers say the Ecoboost engines, coupled with the better aerodynamics of the new sleeker shape, could add up to 5 MPG in highway driving, taking the vehicle to 33 MPG.
Source: CBS News

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NADA Foundation Ambassador Peter Blackstock Supports California School

From fundraising and serving as a board trustee to supporting school building projects, Peter E. Blackstock knows the importance of providing children with opportunities to succeed. After becoming an Ambassador of the National Automobile Dealers Charitable Foundation in 2003, Blackstock chose the Stevenson School in Northern California as his beneficiary. It’s where his daughter graduated. “What I liked about the school is that they really understand the needs of the kids, and so there’s a lot of individual work,” said Blackstock, a Pebble Beach resident since 1981 and owner of Victory Toyota and Lexus Monterey Peninsula in Seaside, Calif. Joseph E. Wandke, president of the Stevenson School, said Blackstock has “been a tremendous asset to the school” and has maintained close ties to the school even long after his daughter graduated. “His support of the school is substantial. He’s made significant financial contributions,” Wandke said. For more information about the program or to become an Ambassador, contact the NADA Foundation at (703) 821-7102 or foundation@nada.org.
Source: NADA Newsroom

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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

"Talk of a double-dip recession appears to be receding. We need improvement in the labor market to support consumer spending."

    -- Don Johnson, GM vice president of U.S. sales, predicting industrywide U.S. auto sales may accelerate this month to a seasonally adjusted annual rate of about 14 million, Bloomberg, Nov. 15

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Convention News
Learn 'The Art of Leadership' with John Powers

John Powers, a best-selling author and playwright, will present "Walk Softly So You Can Listen: The Art of Leadership" on Feb. 5, from 2:15 to 3:30 p.m. at the 2012 NADA-ATD Convention & Expo in Las Vegas. (For an advance look at Powers' presentation, register for the NADA University Learning Hub webinar "Wrong Customers are Still Customers" on 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 expo.

Foundation News
NADA Foundation Ambassador Peter Blackstock Supports California School

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


NADA Foundation: Ambassador Supports American Red Cross
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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