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Inside this issue
Global Carmakers Target U.S. Market
How Two Japanese Giants Plan to Get Their Mojo Back
Volkswagen Unveils Hybrid Version of Top-Selling Jetta at Detroit Auto Show
Wanted or Not: Alternative-Fuel Cars Flood Auto Show
Smart Unveils Pint-Sized Pickup
Click here for more auto industry news at NADAFrontPage.com. .
Top Stories
Global Carmakers Target U.S. Market

Two years into its slow recovery, the U.S. auto market is emerging as one of the most promising for global automakers, which rolled out new models and innovative technologies on Monday to increase their share of sales. Forecasters expect U.S. auto sales — bolstered by signs of economic growth, increasing consumer confidence and pent-up demand — to grow this year as much as 10 percent, to up to 15 million cars and light trucks. The outlook, however, could darken depending on what happens in Europe.
Source: The Detroit News

Related articles

 Daimler Eyes 2012 Sales Growth Of More Than 4% (The Wall Street Journal)
Porsche Wants to Double Global Sales in Six Years (Automotive News)
 Honda Predicts 25% U.S. Sales Gain in '12 (Automotive News)

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How Two Japanese Giants Plan to Get Their Mojo Back

One got bulky. One got boring. Now, Toyota and Honda are talking about the ways they plan to recapture buyers and market share lost due to challenges from every direction. For Honda, the tactic is a big burst of new products, long needed for a reliable brand that suffered body blows in 2011, first from Japan’s earthquake and tsunami, which disrupted production there, and then floods in Thailand that interrupted flows of parts. Toyota is banking on the success of new and restyled vehicles, including the Camry, Camry Hybrid, and Prius V, which will be joined this year by a plug-in hybrid Prius, set to be shown on Tuesday in Detroit.
Source: Forbes

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Volkswagen Unveils Hybrid Version of Top-Selling Jetta at Detroit Auto Show

Volkswagen AG on Monday showed off a new hybrid version of its Jetta sedan, designed with the U.S. market in mind and offering an estimated combined 45 mpg. The hybrid Jetta, which will go on sale in North America before the end of the year, is a key part of Volkswagen’s plan to boost its U.S. sales, company officials told reporters at the North American International Auto Show press days in Detroit. The new Jetta is the German automaker’s second hybrid model. It already makes a hybrid version of its Touareg SUV.
Source: The Associated Press

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Wanted or Not: Alternative-Fuel Cars Flood Auto Show

In the race to claim ever-higher fuel-economy numbers and keep up with government regulations, automakers are rolling out hybrids and electric cars aplenty at this week’s Detroit auto show. If only buyers were arriving as fast as the cars. Analysts do not expect the segment to grow significantly this year: the combination of gas prices below $4 a gallon and higher upfront costs for the cars is not attracting consumers.
Source: The New York Times

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Smart Unveils Pint-Sized Pickup

America is about to meet a pint-sized pickup. Calling it the perfect vehicle for an urban society, Smart on Monday unveiled the "for-us," its tiny take on the classic U.S. pickup truck. Smart, a division of Germany's Daimler AG, said the concept vehicle is so small that it could fit in the bed of a traditional pickup and be barely noticed.
Source: The Associated Press

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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

“I think we’ve all learned our lessons.”

    -- James Lentz, president of Toyota’s North American operations, whose company’s once sterling image was battered by millions of recalls the past few years, as well as the same Japanese woes that hurt Honda, Forbes, Jan. 9




NADA - National Automobile Dealers Association
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Chairman's Column
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Convention news
Registration Soars for Upcoming NADA Convention and Expo

Registration for the 2012 NADA Convention & Expo next month in Las Vegas is expected to pass the totals of the last three years. Exhibit space is sold out with more than 500 companies occupying nearly 500,000 square feet. Eight hotels are sold out and the remaining six hotels are filling up fast. Advance registration rates will end on Jan. 27, so don’t delay. Click here to register today.


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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