View Mobile Version | View Web Version

SPONSORED BY

NADA.org
Wednesday, April 18, 2012 FacebookTwitterFlickrRSSSEND TO A FRIENDPRINT
nada.orgAdvocacyAffiliates | Convention | Jobs | Programs | Publications | Services | Training
Inside this issue
Detroit, Facing Stiff Competition, Goes Into Reverse
Court Blocks NLRB's Union Poster Rule with Emergency Injunction
Key Maker of Auto Resin May Be Out Until Winter
Jaguar Land Rover IPO Seen as Jackpot as Valuation Soars
Why Millions Won't Be Able to Afford Cars in the Future
Young People with Autism Staff Dealership Cafes
Click here for more auto industry news at NADAFrontPage.com. .
Top Stories
Detroit, Facing Stiff Competition, Goes Into Reverse

In 2011, the big automotive story was Detroit‘s comeback. With their financial crisis behind them, General Motors, Ford and Chrysler grabbed a bigger share of the American market, and, at least for a time, could claim to be the country’s Big Three again. But in 2012, Detroit has shifted into reverse.
Source: Forbes

[back to top]

Court Blocks NLRB's Union Poster Rule with Emergency Injunction

A federal court on Tuesday blocked the National Labor Relations Board (NLRB) from issuing a rule that would require employers to post notices explaining workers’ collective bargaining rights. The U.S. Court of Appeals for the District of Columbia Circuit ordered that an emergency injunction on the rule be granted, pending appeal. The poster rule was set to go into effect on April 30, but will now be delayed until the appeal is decided.
Source: The Hill

Editor's note: This court victory was strongly supported by NADA. The Coalition for a Democratic Workplace, of which NADA is a member, brought this challenge to the new NLRB “employee rights” poster requirement. For more information on the poster, click here. To view the injunction, click here.

[back to top]

Key Maker of Auto Resin May Be Out Until Winter

As auto companies and their suppliers met in suburban Detroit to discuss options amid a shortage of a key resin that threatens global auto production, owners of the German chemical plant where an explosion led to the shortage said it will be at least three months before it can return to normal production.
Source: Reuters

[back to top]

Jaguar Land Rover IPO Seen as Jackpot as Valuation Soars

When Tata Motors Ltd. bought Jaguar and Land Rover in 2008 for $2.5 billion from Ford Motor Co. investors greeted the announcement by selling its stock. Those who held on may be sitting on a jackpot. The two British luxury car brands are worth $14 billion, according to the average estimate of three analysts surveyed by Bloomberg News, more than Fiat SpA or Suzuki Motor Corp.
Source: Bloomberg

[back to top]

Why Millions Won't Be Able to Afford Cars in the Future

By 2025, the government will require an average fuel economy of 54.5 m.p.g. for cars and trucks sold in the U.S. To meet that requirement, automakers must focus on more efficient, technologically sophisticated cars that cost more upfront to build — and whose costs are ultimately passed along to consumers. How much more will these cars cost? And how many Americans will be priced out of owning a car as a result? These subjects are up for debate, and there’s no shortage of projections. Recently, USA Today, the Detroit News and others have cited data released by the National Automobile Dealers Association (NADA), but they’re reporting a wide range of forecasts as to how much new-car prices are expected to increase.
Source: TIME.com

[back to top]

Young People with Autism Staff Dealership Cafes

Cappuccino bars have become standard fixtures at luxury-car dealerships, but there’s something special about the coffee cafes at three Asbury Automotive Group stores. Young adults with milder forms of autism staff those stands. The community-outreach program touches many people, from customers to dealership employees to the young workers and their parents. “It’s one of the things I’m most proud of,” Asbury CEO Craig Monaghan tells WardsAuto.
Source: WardsAuto

[back to top]

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

 
Quotable
"We thought we were helping to change their lives, but really, they have changed ours."

   
-- Chris Dastou, general manager at Nalley Lexus-Roswell in Georgia, describing how the dealership café is staffed by young adults with autism, WardsAuto, April 18


 

NADA - National Automobile Dealers Association

Videos

 Industry Consultant Glenn Mercer Provides Results of Facilities Study (NADA-TV)

 
More Videos
Chairman's Column
NADA: Factory-Mandated Dealership Renovation Programs Must Be Fair, Reasonable and Flexible
Foundation News
Kansas Auto Dealer Creates Scholarship Fund through NADA Foundation's Ambassador Program
Marketplace
NADA Mobile App for iPhone and iPad

Save More Than 30% on an HP Bundle


Lenovo's April Showers of PC Values

Search Back Issues | Unsubscribe | Subscribe | Manage your subscription | email us
NADA For more information on NADA, visit www.nada.org or contact NADA, 8400 Westpark Drive, McLean, VA 22102. This email may contain an advertisement of NADA products and services. Any opinions or statements contained herein do not necessarily reflect the views of NADA. Factual errors are the responsibility of the listed publication. If you are a franchised new-car or -truck dealer and would like to become a member of NADA, please visit the Join NADA section of www.nada.org. Questions or comments concerning NADA Headlines content may be directed to publicaffairs@nada.org .