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Friday, Nov. 18, 2011 FacebookTwitterFlickrRSSSEND TO A FRIENDPRINT
 
Inside this issue
2012 Annual Fuel Economy Guide Now Available
New CAFE Standards Will Cost Jobs and Vehicle Sales
Auto Sales Rate May be 14 Million by Mid-2012: Study
Toyota Mulls Deeper Supplier, Dealer Ties to Counter Strong Yen
General Motors to Test Chinese Plug-in Vehicle Market With Volt
2012 Honda Civic Natural Gas Wins Green Car of the Year
Turning Up the Pressure to Keep Gas in the Game
Click here for more auto industry news at NADAFrontPage.com. .
Top Stories
2012 Annual Fuel Economy Guide Now Available

By law, dealers must provide the Guide upon request

The U.S. Department of Energy and the Environmental Protection Agency have just released the 2012 Fuel Economy Guide. The Guide provides detailed fuel economy numbers for MY 2012 light-duty vehicles, along with estimated annual fuel costs and other information for prospective purchasers. Dealers must display a copy of the Guide and provide copies to customers upon request. 

There are a number of options available for dealers to comply:

  • This month, EPA/DOE is electronically distributing the Guide to dealers for printing as needed.
  • Dealers can download the Guide, save it and print it as necessary.
  • Dealers can also order hard copies of the Guide by clicking here, by calling DOE’s Information Center at (877) 337-3463 between 9 a.m. and 7 p.m. EST or by using a form to order copies by mail. Hard copies will be mailed, free of charge, in December 2011.

Click here for the EPA/DOE letter to dealers detailing how to make the Guide available to customers.
Source: NADA Regulatory Affairs

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New CAFE Standards Will Cost Jobs and Vehicle Sales

The proposed CAFE standards released Wednesday by the Obama administration will cost American jobs, push new cars and trucks out of the price range of many working families, seriously endanger the capabilities of work trucks and hurt the auto industry nationwide, according to House Republican Conference Secretary John Carter (R-Texas). "A $3,000 per vehicle cost increase will drive many low-income consumers out of the new car market and cost auto industry jobs," says Carter. Carter, co-author of the Austria-Carter amendment to this year's Interior/Environment Appropriations bill, largely blames the regulatory overreach on the administration's refusal to comply with current law on agency jurisdiction over CAFE standards. "NHTSA is the only agency authorized under law to regulate CAFE standards," says Carter, "and the intrusion of EPA and the state of California has rendered a totally unreasonable, unachievable and unacceptable regulatory result."
Source: U.S. Rep. John Carter

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Auto Sales Rate May be 14 Million by Mid-2012: Study

U.S. auto sales may have their strongest month of 2011 in November, spurred by consumers' growing need to replace aging cars and trucks and a wider selection on dealer lots, according to a study released on Thursday. If current sales trends persist, automakers are poised to sell vehicles at an annual pace of more than 14 million by the second half of 2012, according to a forecast by J.D. Power and Associates and LMC Automotive. "The improving performance of the past three months suggests that the current momentum, primarily driven by replacement demand and improvements in vehicle availability, is not an aberration," said John Humphrey, senior vice president of global automotive operations at J.D. Power.
Source: Reuters

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Toyota Mulls Deeper Supplier, Dealer Ties to Counter Strong Yen

Toyota Motor Corp. may strengthen ties with its suppliers and dealers to offset the stronger yen, but it is unlikely to buy companies outright, Toyota President Akio Toyoda said on Thursday. "We are not good at acquiring companies. We are bad at doing that," Toyoda said when asked whether the strong yen could trigger a change in the company's acquisition strategy. Instead, Toyota is more likely to enter partnerships similar to one it entered earlier this year with Ford Motor Co. to build hybrid trucks and SUVs, and develop phone, navigation and entertainment systems, Lentz said. That deal will allow Toyota to tackle an area of vehicle technology where it has lagged.
Source: Automotive News

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General Motors to Test Chinese Plug-in Vehicle Market With Volt

General Motors Co. will introduce its Chevrolet Volt plug-in hybrid car in China at an auto show on Nov. 21, and dealers will begin taking orders for the model “shortly,” the automaker said. GM will be first among the world’s largest automakers to sell a plug-in car in China, where rivals including Daimler AG and Nissan Motor Co. also plan to introduce similar models. Electric-car sales in China are forecast to exceed those in the U.S. by 2020, helped by government subsidies and investment as the Asian nation, the world’s largest polluter, seeks to cut emissions, according to the Boston Consulting Group.
Source: Bloomberg

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2012 Honda Civic Natural Gas Wins Green Car of the Year

The 2012 Honda Civic Natural Gas was named the Green Car of the Year on Thursday at a ceremony at the Los Angeles Auto Show. The Civic beat out a diverse field of finalists: the Ford Focus Electric, Mitsubishi i, Toyota Prius V and VW Passat with a diesel engine. The finalists, in conjunction with new models and concept cars shown by other automakers, represent virtually the full spectrum of green technology available on the market today. Michael Accavitti, vice president of marketing for American Honda Motor Co., said of the honor, "This, to Honda, is everything." "Environmental awareness is right in our wheelhouse," he said.
Source: The Detroit News

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Turning Up the Pressure to Keep Gas in the Game

It should come as no surprise when the headlines coursing out of news conferences during this week’s press previews of the Los Angeles auto show turn out to be strongly flavored with terms like hybrid and electric. Hybrids, plug-in hybrids and battery-electric vehicles are only part of the solution to raising the efficiency of the nation’s vehicle fleet, however. That is especially true at smaller automakers like Mazda, which has no hybrid system of its own and says it has no plans to bring hybrids or electric vehicles to the United States.
Source: The New York Times

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More Articles


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
"The improving performance of the past three months suggests that the current momentum, primarily driven by replacement demand and improvements in vehicle availability, is not an aberration."

    -- John Humphrey, senior vice president of global automotive operations at J.D. Power and Associates, Reuters, Nov. 17

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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. EST.) 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.

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