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Inside this issue
NADA Chief: Fuel Rules Will Shrink Market
Car Dealers See Sunshine in Their Busier Showrooms
Chicago Auto Show: Road Looks Smoother for Auto Industry
When Cars Meet Politics, a Clash
Opinion: Nobody Has Clout Like NADA's
Click here for more auto industry news at NADAFrontPage.com. .
Top Stories
NADA Chief: Fuel Rules Will Shrink Market

The proposal to increase federal fuel economy standards to 54.5 mpg by 2025 threatens to price millions of consumers out of the market, the 2012 chairman of the National Automobile Dealers Association said. NADA is pushing back with tough questions about the proposal, Chairman Bill Underriner said in his address to dealers during the closing session of the convention. If fewer customers can afford new cars, it will hurt sales and dealership profits and defeat the objective of improving fuel efficiency, said Underriner, a Billings, Mont., dealer with Buick, Honda, Hyundai and Volvo franchises. "If government policy is going to shrink our customer base, shouldn't we be concerned?" he said. "NADA is concerned. NADA is fighting this fight because we want the days of empty showrooms to be long gone."
Source: Automotive News

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Car Dealers See Sunshine in Their Busier Showrooms

Their ranks have thinned over the past three years, but a renewed sense of optimism has appeared in the showrooms of the nation’s battered car dealers. The number of U.S. dealerships, almost 25,000 two decades ago, has been declining steadily ... But those that did survive are likely to see healthier bottom lines going forward, said Paul Taylor, chief economist for the National Automobile Dealers Association. “We do expect there will be some restoration of [dealership] brands that are doing well,” Mr. Taylor said. “But the net population of dealers is likely to be flat to down. New-car dealerships will apply to move to new locations to be more efficient to the population,” he said.
Source: The Washington Times

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Chicago Auto Show: Road Looks Smoother for Auto Industry

What will 2012 bring for the auto industry? Are consumers confident that the economy is going to do well, their jobs are secure, and they can make the mortgage or rent payment with money left for a car? Paul Taylor, chief economist for the National Automobile Dealers Association, predicts sales of 13.9 million for 2012. Taylor insists that the aging vehicle population, easier credit and aggressive incentives from manufacturers will keep things rolling. Most analysts join Taylor in citing an aging vehicle population for continued gains.
Source: Chicago Tribune

Related article

NADA's U.S. Sales Forecast is 'Toward the Top of the Heap' (Automotive News)

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When Cars Meet Politics, a Clash

“Good morning to you all,” Chrysler’s chief executive, Sergio Marchionne, began as he made a surprise appearance last Sunday morning before 700 Chrysler dealers at the annual meeting of the National Automobile Dealers Association. “Although it wasn’t planned, I decided to stay overnight here in Las Vegas to greet you personally.” But there was another reason, he said: to show the dealers a preview of a commercial that would be broadcast that evening during halftime of the Super Bowl. It was the first time anyone had seen the video outside a closely guarded circle. Then the dealers rose and started applauding, an ovation that went on for several minutes.
Source: The New York Times

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Opinion: Nobody Has Clout Like NADA's
By Keith Crain

Click here for the full commentary.
Source: Automotive News

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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. For more information, visit www.nada.org.

 
Quotable
"NADA is fighting this fight because we want the days of empty showrooms to be long gone." 

   
-- NADA Chairman Bill Underriner, on why the association is questioning the federal government's proposal to increase fuel economy standards to 54.5 mpg by 2025, Automotive News, Feb. 13




NADA - National Automobile Dealers Association

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