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Inside this issue
Obama: 'The American Auto Industry is Back'
GM's Akerson Defends Volt before House Committee
Toyota Global Sales Forecast Rises on Green Demand
Ford Puts Brand Identity Back on Track
Glitzy Vegas, Gritty Detroit Have Much in Common
Click here for more auto industry news at NADAFrontPage.com. .
Top Stories
Obama: 'The American Auto Industry is Back'

President Barack Obama on Tuesday night called on Congress to take steps to make the U.S. economy more fair, including asking many wealthier Americans and companies that send jobs overseas to pay more in taxes. He singled out the turnaround of Detroit's Big Three automakers and the $85 billion federal bailout, saying "with a million jobs at stake, I refused to let" the auto industry die. "Today, General Motors is back on top as the world's No. 1 automaker. Chrysler has grown faster in the U.S. than any major car company. Ford is investing billions in U.S. plants and factories," Obama said. "We bet on American workers. We bet on American ingenuity. And tonight, the American auto industry is back."
Source: The Detroit News

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GM's Akerson Defends Volt before House Committee

General Motors CEO Dan Akerson -- facing a House panel today -- stressed the Chevrolet Volt is safe and isn't a fire risk, despite a recently closed federal safety probe into a June fire involving the plug-in car after a crash test. In testimony before the House Oversight and Government Reform Committee, Akerson said GM and U.S. regulators tried several times to replicate the initial fire and only once, under conditions unlikely to occur in real-world driving, did the test produce a second blaze. "For all the loose talk about fires, we are here today because test by regulators resulted in a fire under lab conditions that no driver would experience," said Akerson.
Source: Automotive News

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Toyota Global Sales Forecast Rises on Green Demand

Toyota raised its global sales target for this year to 8.58 million vehicles, up 21 percent from the previous year, as incentives for ecological cars lift demand in Japan. Even with the improved forecasts, Toyota is unlikely to be back as the world's top automaker. Last year, General Motors Co. regained that spot, selling 9.03 million vehicles, the crown it had for seven decades before losing it to Toyota in 2008. Auto industry analysts predict a tight race this year between GM, Volkswagen AG of Germany, Toyota and the joint venture between Nissan Motor Co. and Renault SA.
Source: The Associated Press

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Ford Puts Brand Identity Back on Track

The Ford Fusion will be back for the 2013 NASCAR season and for the first time in years it looks like the production car it is based on. The Ford Racing team worked with the automaker's Design Center on the 2013 NASCAR Fusion, which closely resembles the 2013 Fusion unveiled this month at the North American International Auto Show. Ford was the first to show its handiwork at an event Tuesday at the Charlotte Motor Speedway. Designers were engaged for the first time since the '70s, and they provided the sleek new look, said Andy Slankard, Ford Racing NASCAR operations manager. "Only designers could do that, not a bunch of engineers or race car guys," he said.
Source: Detroit Free Press

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Glitzy Vegas, Gritty Detroit Have Much in Common

The National Automobile Dealers Assn. last held its annual convention in Las Vegas in 2007, which ended up as a fairly decent sales year for the car industry, with 16.1 million deliveries. It’s a good bet the mood of the Las Vegas convention this Feb. 3-6 will reflect an industry that is on the upswing. This year’s convention registration is up nearly 30%, NADA says. The expo floor is sold out. The trade group estimates total attendance to top 20,000 participants. “There’s positive momentum in the auto industry right now,” says NADA spokesman Charles Cyrill. “We witnessed it firsthand in Detroit at the North American International Auto Show in January. It is carrying over to the NADA convention in Las Vegas.”
Source: WardsAuto.com

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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

"Today, General Motors is back on top as the world's No. 1 automaker. Chrysler has grown faster in the U.S. than any major car company. Ford is investing billions in U.S. plants and factories."

    -- President Barack Obama, in his State of the Union address Tuesday, The Detroit News, Jan. 25 
    




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Chairman's Column
Three Reasons to be Optimistic about 2012 Sales

2012 Convention on Pace to Be Biggest Since 2008

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

Convention news
Advance Registration Rates End Friday

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Exhibitor Update

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

Foundation news
NADA Charitable Foundation to Launch Road Safety Grant Program at Convention

Cleveland Dealers Donate $120,000 to NADA Foundation Ambassador Program


ATD Chairman Urges Dealers to Learn More about Ambassador Program 
Marketplace
New NADA Mobile App for iPhone and iPad

HP's Inventory Blowout

Lenovo's New Year Deals

 
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