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Wednesday, Dec. 7, 2011 FacebookTwitterFlickrRSSSEND TO A FRIENDPRINT
  
Inside this issue
GM Near Possible Volt Battery Fix, Sources Say
Saab Heading for Bankruptcy
The Return of the Dodge Dart
Honda Hopes New Diesel Will Give VW 'Sleepless Nights'
Lexus: Made in America?
Click here for more auto industry news at NADAFrontPage.com. .
Top Stories
GM Near Possible Volt Battery Fix, Sources Say

General Motors is closing in on a package of proposed fixes for the Chevrolet Volt battery pack that engineers believe would eliminate the risk of a fire being triggered days after a crash, two people with knowledge of the situation told Reuters [Tuesday]. The proposed repairs under consideration would involve laminating circuitry in the Volt's 400-pound battery pack, reinforcing the case surrounding the lithium-ion battery and better protecting the coolant system from leaks in a severe crash, the sources said. GM engineers are expected to update senior management by the end of the week on what could be a relatively low-cost way to fix the more than 6,000 Volts now on U.S. roads, one of the sources said.
Source: Automotive News

Related articles

  House Panel to Probe Volt (The Detroit News)
  LaHood: Chevy Volt is Safe Despite Battery Fires (The Associated Press)

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Saab Heading for Bankruptcy

The administrator responsible for restructuring stricken Swedish car maker Saab Automobile AB is seeking to end the reorganization process, potentially paving the way for creditors to put the 64-year-old brand into bankruptcy, Saab's owner Swedish Automobile NV said Wednesday. In his application to the court, the administrator, Guy Lofalk, said that the car maker lacks sufficient funds to continue the reorganization.
Source: The Wall Street Journal

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The Return of the Dodge Dart

Dodge reached back into its history books to revive the name Dart for a compact sedan that symbolizes the future of Chrysler and Fiat. On Tuesday, Dodge said the 2013 Dodge Dart, which will be unveiled next month at the North American International Auto Show, will not be a reinterpretation of the original Dart. The aerodynamic look is intended to appeal more to younger buyers than the Dodge Caliber crossover that the Dart replaces. "From what we have seen from the teaser pictures, it looks smoking hot," said Aaron Bragman, automotive analyst for IHS Automotive.
Source: Detroit Free Press

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Honda Hopes New Diesel Will Give VW 'Sleepless Nights'

Honda thinks it finally has a diesel that will make its European rivals a little nervous. Using comparable Volkswagen Group powertrains as a benchmark, Honda says it has created a new 120-hp 1.6-liter diesel that offers 300 newton meters of torque while emitting less than 100 grams per kilometer of CO2. When asked whether he hopes the new powerplant will put pressure on VW, Honda engineer Junji Yamano said through an interpreter: "It is good if they have some sleepless nights because we have had sleepless nights" trying to develop a diesel that can compete against VW's. The engine, which will be made at Honda's factory in Swindon, England, will debut at the Paris auto show in autumn 2012 and appear first in the new ninth-generation Civic in early 2013.
Source: Automotive News

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Lexus: Made in America?

As Toyota Motor Corp. readies its new Lexus GS luxury car for export to the U.S. in early 2012, the company's chief executive is raising the possibility that more Toyota production will move outside Japan. The strong yen, which has risen 9% in the past six months alone, is making the economics of building cars -- especially compacts -- in Japanese factories increasingly difficult. "I'm sitting on the fence," said Mark Templin, head of Toyota's Lexus brand in the U.S. "This is a complex decision that would come from Japan. But we could build more Lexuses here."
Source: Fortune

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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

"From what we have seen from the teaser pictures, it looks smoking hot."

    -- Aaron Bragman, automotive analyst for IHS Automotive, on the 2013 Dodge Dart, which will be unveiled next month at the North American International Auto Show, Detroit Free Press, Dec. 6


 


NADA - National Automobile Dealers Association
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Chairman's Column
2012 Convention on Pace to Be Biggest Since 2008

Congress Members: 'Time Out' Needed on Fuel Economy Regulation

Study Takes a Look at ROI of Factory Image Programs

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

HP's Inventory Blowout

Lenovo's New December Deals

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