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Wednesday, Dec. 28, 2011 FacebookTwitterFlickrRSSSEND TO A FRIENDPRINT
  
Inside this issue
Feds Investigating 80,000 Older Ford, GM Vehicles for Rust Issues
Ford Fusion on Track for Record Sales Year
BMW, Mercedes Duel in U.S.
Audi Will Beef Up Global Work Force, Spending on New Products
The World's Most Popular Cars: Some New Faces
Click here for more auto industry news at NADAFrontPage.com. .
Top Stories
Feds Investigating 80,000 Older Ford, GM Vehicles for Rust Issues

The National Highway Traffic Safety Administration said Tuesday it has opened investigations into rust issues on older vans and minivans built by General Motors Co. and Ford Motor Co. The NHTSA said in documents posted on its website that it had opened preliminary investigations into 17,165 2003 Chevrolet Express vans over fuel leaks and into 63,000 2004 Ford Freestar and Mercury Monterey minivans over severe corrosion in rear wheel wells. The NHTSA didn't identify any crashes or injuries in connection with either investigation.
Source: The Detroit News

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Ford Fusion on Track for Record Sales Year

In a couple of weeks, Ford will be showing off a new Fusion midsize sedan. One analyst who got a sneak peak told us it's a stunner. But even as it gets ready for the new one, the existing Fusion is apparently on its way to its best sales year ever. [Sales this year are] expected to be close to 240,000 making 2011 [the] best sales year yet. Fusion introduced a hybrid version for the 2010 model year, achieving a rating of 41 mile a gallon in city driving.
Source: USA Today

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BMW, Mercedes Duel in U.S.

BMW AG and Mercedes-Benz are locked in an expensive race for bragging rights as this year's top-selling luxury car in the U.S. market, and customers are benefiting. The two German luxury-car brands this year have zoomed past Toyota Motor Corp.'s Lexus division, which has reigned as America's top-selling luxury auto maker since 2000, and are running neck and neck to grab the U.S. crown.
Source: The Wall Street Journal (Subscription required) 

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Audi Will Beef Up Global Work Force, Spending on New Products

Audi AG plans to continue increasing its work force globally in 2012 and will step up its annual pace of spending on new products and technologies to 2.6 billion euros (or about $3.40 billion) over the next five years, the company said in a release [Tuesday]. Audi also said [Tuesday] it plans to hire 1,200 “specialists” next year to increase expertise in lightweight materials and electric technology. Volkswagen AG, Audi’s parent company, has made surpassing Toyota Motor Corp. and General Motors Co. as the world’s best-selling automaker a primary goal.
Source: Automotive News

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The World's Most Popular Cars: Some New Faces

An earthquake and tsunami, record floods, a strengthening yen — Japanese automakers endured it all in 2011, making it a year that most of them would rather forget. Toyota Motor's worldwide sales fell a projected 6 percent and the company slipped from its spot as the world's largest automaker. Yet despite all the disruptions to production and the currency squeeze that made its vehicles more expensive outside Japan, Toyota's trusty-but-bland Corolla once again was the world's best-selling car. Competitors pounced on the Japanese makers' troubles. Volkswagen of Germany and Korean carmakers Hyundai Motor and Kia Motors all surged ahead in the global sales race.
Source: Forbes

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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

"Mercedes-Benz is going on the attack."

    -- Wolfgang Bernhard, Daimler board member for manufacturing and procurement, referring to the automaker's plan to boost production by 13 percent next year to more than 1.4 million passenger vehicles, Automotive News, Dec. 27
  




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Chairman's Column
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Foundation news
Cleveland Dealers Donate $120,000 to NADA Foundation Ambassador Program

ATD Chairman Urges Dealers to Learn More about Ambassador Program


NADA Foundation Ambassador Peter Blackstock Supports California School
Marketplace
New NADA Mobile App for iPhone and iPad

HP's Inventory Blowout

Lenovo's New December Deals

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