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Tuesday, Jan. 3, 2012 FacebookTwitterFlickrRSSSEND TO A FRIENDPRINT
  
Inside this issue
U.S. Auto Dealers Have Best December in 5 Years
A Year of Solid Gains, and an Outlook for More Ahead
Surprising Safety and Fuel Efficiency Innovations to Watch Out for This Year
Woman Takes Honda to Small-Claims Court Over Gas Mileage
Opinion: Overcharged
Click here for more auto industry news at NADAFrontPage.com. .
Top Stories
U.S. Auto Dealers Have Best December in 5 Years

U.S. consumers, who are more confident than they have been in eight months, were lured to auto showrooms by holiday discounts and may have pushed car sales to the second fastest pace in more than two years. “From Thanksgiving on, they’ve been very aggressive,” Bob Tasca, whose family owns Ford, Lincoln, Mazda and Volvo dealerships in Rhode Island and Massachusetts, said of automaker discounts. “We’ve had the best deals of the year.” Light-vehicle sales in December, set for release tomorrow, may have run at a 13.4 million seasonally adjusted annual rate, the average estimate of 13 analysts surveyed by Bloomberg, up from the 12.4 million pace a year earlier.
Source: Bloomberg

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A Year of Solid Gains, and an Outlook for More Ahead

DERAILED by a crushing earthquake and tsunami in March, Japanese carmakers will no doubt be glad to put 2011 behind them. Yet most other auto companies managed to shrug off the year’s economic aftershocks, though the effects of supplier outages and the summer’s floods in Thailand were felt worldwide. Still, as December waned, carmakers were on pace — for the second year in a row — to add more than one million sales in the United States.
Source: The New York Times

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Surprising Safety and Fuel Efficiency Innovations to Watch Out for This Year

A host of new features you may never have heard of -- and certainly didn't expect to see in mainstream cars and trucks -- will be commonplace by the end of 2012. New technologies and safety and fuel economy concerns have accelerated automakers' innovation into hyperdrive. Here's some of what to watch for in 2012 and at the North American International Auto Show in a couple of weeks.
Source: Detroit Free Press

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Woman Takes Honda to Small-Claims Court Over Gas Mileage

A woman unhappy about a proposed settlement of five class-action cases against Honda that allege false advertising when it comes to the gas mileage of the Honda Civic hybrid is taking her case to small-claims court [today] -- and the results could prove costly to Honda. Heather Peters is the leader of a big social-media campaign aimed at getting Honda owners to reject the proposed settlement of the class actions. Her side has created a website, and gone to YouTube and Twitter, to try to head off the settlements that would give owners of 2002 to 2009 Civic hybrids a proposed $100 to $200 while lawyers would get $8.5 million, according to the group. She alleges her Civic hybrid never achieved its rated gas mileage.
Source: USA Today

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Opinion: Overcharged

Evidence is mounting that President Obama was overly optimistic to pledge that there would be 1 million EVs on the road by 2015. Electric cars are not likely to form a significant part of the solution to America’s dependence on foreign oil, or to global warming, in the near future. They simply pose too many issues of price and practicality to attract a large segment of the car-buying public. More prosaic fuel-economy innovations such as conventional hybrids, clean-diesel cars and advanced gasoline engines all show much more promise than electrics.
Source: The Washington Post

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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

"With inventory up, business is good."

   
-- Rene Isip, who owns a Honda dealership in Katy, Texas, and a Toyota dealership in Lewisville, Texas, Bloomberg, Jan. 3




NADA - National Automobile Dealers Association
Videos
 
 Wade: Make Your Plans Today to Attend the 2012 Convention (NADA-TV)

Ford's Czubay on Fuel Economy and Consumer Choice (AutoFocus)

NADA Used Car Guide December Guidelines Report (NADA UCG)

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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
myNADAplanner now available!

myNADAplanner is a free service that matches the business needs of attendees with exhibitors by selecting the best possible connections based on information provided at convention registration. Attendees can schedule meetings before, during and after the convention, search for products and create a personalized, printable floorplan map. Access to myNADAplanner is available to all registered attendees and exhibitors. Registration IDs sent in the registration/housing confirmation emails are required to access myNADAplanner. Click here for more info.



Exhibitor Update

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

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 Year Deals


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