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Inside this issue
GM Back on Top in Global Sales Race
NADA Mobile App Reaches 10,000 Downloads
Small Cars Test Ford Resolve
Hybrids in U.S. Lose Appeal to Gas-Efficiency
Fiat Wants Fresh Start in North America This Year
High-Tech Gadgets Woo Young Buyers
Click here for more auto industry news at NADAFrontPage.com. .
Top Stories
GM Back on Top in Global Sales Race

General Motors is poised to once again be No. 1 in global auto sales, after three years out of the top spot. It's a comeback that will be official when final 2011 sales figures are reported in the coming weeks. GM CEO Dan Akerson downplayed the significance of the title when speaking with reporters at the Detroit auto show Monday. "I don't think we've set the goal to be the largest manufacturer in the world. I think the lead is going to trade off," said Akerson. "I wouldn't count Toyota or any of our competitors out. But we're having a good run now. I'm very pleased by our product."
Source: CNNMoney.com

Related article

 G.M. Looks to Luxury Cars for Higher Profit (The New York Times)

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NADA Mobile App Reaches 10,000 Downloads

Earlier this week, NADA's mobile app reached its first milestone after being downloaded by 10,000 iPhone and iPad users. Launched in October, the NADA mobile app provides the latest news and videos from NADA Headlines and a listing of all upcoming events, such as the annual NADA Convention & Expo and a schedule of workshops and webinars from NADA University. It also features a comprehensive contact list for NADA products and member services, and links to other NADA apps. "The new mobile app makes it easier to stay connected with NADA on the go, anywhere at any time," said Doug Knust, a new-car dealer in South Dakota who chairs NADA's Information Technology Committee. "So it comes as no surprise that it's been so popular among dealers, who are typically very busy people. We're encouraged by the app's early success and know it will continue to be of value to NADA members in the future." To download the NADA Mobile App on either Apple device, visit the App Store.
Source: NADA Newsroom

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Small Cars Test Ford Resolve

Inventory Climbs on Dealer Lots Amid High-Price Strategy; Will It Curb Output or Discount Sales?

In the next few months, Ford Motor Co. must confront a burgeoning supply of its small cars now piling up on dealer lots. Slowing production would allow Ford to maintain the high prices it has been getting for the Fiesta and Focus. On the other hand, production cutbacks would reduce the revenue generated by its small-car plants. Jim Farley, Ford's global marketing chief, insists there is no need to cut Fiesta production. Bill Willis, owner of Willis Ford in Smyrna, Del., agreed: "I haven't noticed the inventory being a big problem yet." He added, "I think we can maintain our pricing because we have a high-quality product."
Source: The Wall Street Journal

Related article

 Ford Gives Big Push to Lincoln (The Detroit News)

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Hybrids in U.S. Lose Appeal to Gas-Efficiency

It’s a sign of the times when Cadillac is staking its comeback on a compact car that boasts fuel economy approaching 40 mpg. Cadillac’s ATS sedan is one example of how carmakers at the Detroit auto show are putting new emphasis on small, powerful models with more fuel-efficient engines as sport-utility vehicles and even hybrids take a back seat. “The advantages of hybrids are getting harder to justify,” said Scott Corwin, a vice president with consulting firm Booz & Co. in New York. “It’s the cost differential. Consumers are rational and they understand the cost of ownership.”
Source: Bloomberg

Related article

 GM to Decide in June Whether Volt Has Legs (The Wall Street Journal)

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Fiat Wants Fresh Start in North America This Year

Fiat hopes to start fresh in North America after a disappointing first year. The Italian brand sold fewer than 25,000 Fiat 500 subcompacts in the U.S. and Canada in 2011, only halfway to its goal of 50,000. Its network of new dealers was slow to get up and running. "We set ourselves up for the fall. We really did," [Sergio Marchionne, the chief executive of Fiat SpA and its partner, Chrysler Group] said during an interview at the Detroit auto show. "And then people are saying, 'What's the future of Fiat?' Well, the future of Fiat was exactly the same future that we had in mind when we launched the 500."
Source: The Associated Press

Related article

 Fiat Eying Partner Before Chrysler IPO (Reuters)

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High-Tech Gadgets Woo Young Buyers

The car CD player is going to die. Many young buyers will never play a CD in a vehicle — ever. The world inside a car has dramatically changed, according to all of the evidence on the floor of Cobo Center during the 2012 North American International Auto Show. Part entertainment and part information, infotainment systems have taken center stage with many carmakers, and they're packed with more electronics than a spaceship (and often are just as complicated).
Source: The Detroit News

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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

“Some people come in and say, 'The Volt is fantastic but for my needs the Cruze is better.'"

    -- Chris Perry, Chevrolet's vice president of U.S. marketing, on consumers' unwillingness to pay the premium for hybrid models, which has put new emphasis on small, powerful models with more fuel-efficient engines, Bloomberg, Jan. 10




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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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