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Inside this issue
Chrysler, GM, Nissan Post Strong Sales Gains
Some Auto Dealers Find Green in Black Friday
Big 3 Face Challenges as European Crisis Unfolds
BMW, Toyota Announce Diesel, Green Technology Tie-Up
Honda Goes Cute with 'Micro Commuter Concept'
Click here for more auto industry news at NADAFrontPage.com. .
Top Stories
Chrysler, GM, Nissan Post Strong Sales Gains

Chrysler Group LLC, Nissan Motor Co. and General Motors Co. posted strong U.S. sales for November, building on earlier gains at the three, and pointing toward a strong auto-industry finish to the year. On Thursday, Chrysler said its U.S. sales rose 45% while Nissan’s sales rose 19% and General Motors’s sales were up nearly 7% over the same month a year ago. Chrysler, the No. 3 U.S. auto maker continues to report strong demand for its Jeep sport utility vehicles and Dodge Ram pickup trucks in a post-bankruptcy revival. GM, meanwhile, reported a 6.9% increase, also boosted by strong demand for its pickup trucks. The largest U.S. auto maker said its truck sales climbed 25% and passenger cars rose 1%, both from a year ago.
Source: The Wall Street Journal

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Some Auto Dealers Find Green in Black Friday

The long weekend that starts with Black Friday is the time traditional retailers kick off the start of the holiday season by making big bucks from bargain-hunting consumers. And car dealers apparently earned a piece of the action this year, too. “It was very successful,” Chris Huston, general sales manager for Andy Mohr Ford in Plainfield, Ind., said of his dealership’s Black Friday turnout. Huston said the store sold a total of 40 new and used vehicles on Friday -- a dozen of them by 9 a.m. He said that was at least double the pace of a typical Friday.
Source: Automotive News

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Big 3 Face Challenges as European Crisis Unfolds

Recent U.S. restructurings may help carmakers gain at rivals' expense

The economic crisis that threatens to tear apart the eurozone is becoming the biggest challenge to Detroit's automakers. But it may also be a golden opportunity. In many ways, Europe is where the United States was three years ago: in the middle of its worst economic crisis in generations. Here, the Detroit Three used that crisis to close factories, cut tens of thousands of jobs and negotiate game-changing contracts with the United Auto Workers that helped narrow their competitiveness gap with the foreign-owned plants operating in the United States. Now the American automakers hope the crisis in the eurozone will allow them to do the same thing in a region that has resisted restructuring for years.
Source: The Detroit News

Editor’s note: NADA Chief Economist Paul Taylor says the central interest of both Europe and the United States are served by Europe avoiding a recession over the next year, and enhancing the stability of its banking system that it operates throughout the world. “An economic recession in Europe could reduce its share of smaller, light-vehicle production,” he said. “A recession could also result in fewer sales of European cars in Europe.” Taylor added that small, inexpensive car and truck production will be migrating from Western European countries with or without a European recession. For example, Volkswagen is currently establishing alternative production facilities in China and in North America. “For U.S. dealers operating franchises that have factories in North America and Asia, concern about a European recession is less,” he said.

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BMW, Toyota Announce Diesel, Green Technology Tie-Up

BMW and Toyota Motor Corp. said they will work together on green car technologies including the joint development of lithium-ion batteries. BMW will also supply diesel engines to Toyota in Europe as part of the tie-up. The two automakers today signed a memorandum of understanding at the Tokyo auto show for a mid- to long-term collaboration on next-generation environment-friendly technologies. They agreed on joint research in lithium-ion battery technologies for electric and hybrid cars and said they will identify and discuss other possible collaborative projects.
Source: Automotive News

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Honda Goes Cute with 'Micro Commuter Concept'

Honda was determined not to be left behind when it came to the cute factor at this year's Tokyo Motor Show. One of the chief ways was to introduce its "micro commuter concept," a small electric car that proclaims a chirpy "hello" in script below the windshield. Inside the cockpit is a small electric minibike. "This vehicle will offer the joy of a new type of communications between people and mobility and an exterior that the owner can enjoy customizing more casually." Honda says in its announcement.
Source: USA Today

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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
"We are seeing a broad spectrum of customers return to the market."

   
-- Don Johnson, GM's U.S. sales chief, referring to the uptick in auto sales in November, The Associated Press, Dec. 1


 


NADA - National Automobile Dealers Association
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)

 More Videos

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
Exhibit Space at 2012 NADA Convention and Expo Sold Out

"Booth space for exhibitors is busting at the seams, which is another indicator the auto industry is showing signs of recovery,” says Steve Pitt, NADA vice president of conventions and expositions. For an advance look at the exhibitor list, attendees are encouraged to log on to “myNADAplanner,” an online tool that connect buyers and sellers on the expo floor. It also lists the “show specials” that will be available on the expo floor. To register for the convention, visit www.nadaconventionandexpo.org.



Exhibitor Update

Click here for the latest news on first-time exhibitors.

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

Black Friday Door Buster from HP

Lenovo's Black Friday Doorbuster
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