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Inside this issue
J.D. Power, LMC Lift 2012 Auto Sales Forecast
In Reversal, Ford Brags It Has Smallest Engines in the Industry
Consumer Perception of Chrysler on Rise, Firm Finds
NADA University Issues Call for Workshop Proposals for the 2013 NADA and ATD Conventions
Alfa Nears Return to U.S. With 4C Sports Car Registration
Automakers Unveil New Models at Beijing Show
Flying Car Aims to Take Wing in the Commercial Market
Click here for more auto industry news at NADAFrontPage.com. .
Top Stories
J.D. Power, LMC Lift 2012 Auto Sales Forecast

U.S. auto sales could hit 14.3 million this year, up 12 percent from 2011 levels, helped by the increased need for American consumers to replace their older gas guzzlers, industry consultants J.D. Power and LMC Automotive said on Thursday. J.D. Power and LMC also predicted that light vehicle sales in April would be a little more than 1.1 million in April, up 11 percent from the same month a year earlier.
Source: Reuters

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In Reversal, Ford Brags It Has Smallest Engines in the Industry

In a once unthinkable turnabout, Ford Motor Co. is bragging about how it now makes some of the smallest car engines in the industry. This is coming from a company that once made its money selling big, powerful trucks, SUVs and the Mustang muscle car. [Alan Mulally, Ford’s chief executive,] said that Ford's strategy of making powerful but smaller engines is part of the automaker's goal to "increase the fuel efficiency every year forever.” Ford has focused on small turbocharged engines, which it calls its EcoBoost line.
Source: Los Angeles Times

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Consumer Perception of Chrysler on Rise, Firm Finds

Consumer perception of Chrysler is on the rise in the wake of a new marketing campaign, its improving sales and recent positive media coverage of the company, according to YouGov's BrandIndex. The index is based on consumers' responses to the question: Have you heard anything about Company X in the last two weeks? If yes, was it positive or negative?
Source: Detroit Free Press

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NADA University Issues Call for Workshop Proposals for the 2013 NADA and ATD Conventions

NADA University is seeking proposals for cutting-edge workshops on both car and truck industry topics for next year’s NADA and ATD conventions, which will once again be held simultaneously. The NADA-ATD Convention and Expo will be held Feb. 8-11, in Orlando, Fla. All workshop sessions will be held at the Orange County Convention Center. “Our goal is to create a balanced educational workshop program at both conventions that will provide attendees with the information, tools and strategies they need to succeed in a competitive market,” said John Lyboldt, NADA vice president of dealership operations. “We expect another strong and diverse workshop program at next year’s conventions.” To submit a workshop proposal for the NADA convention, including a two-minute video clip covering the main focus of your session, click here for instructions; and to submit a workshop proposal for the ATD convention, click here for instructions.
Source: NADA Newsroom

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Alfa Nears Return to U.S. With 4C Sports Car Registration

Fiat SpA's Alfa Romeo division took a step closer to its return to the U.S. after registering the brand of its 4C compact sports car, the unit’s first model targeted for sale in the country in almost 20 years. The 4C is part of a revamp of Alfa Romeo that will include the new Giulia sedan, which will be based on the Dodge Dart platform of Fiat-controlled Chrysler Group LLC for a lineup developed and made in the U.S. starting in 2014, according to a person familiar with the matter.
Source: Bloomberg

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Automakers Unveil New Models at Beijing Show

Automakers are bringing SUVs and luxury sedans designed for Chinese buyers to China's biggest auto show this year as they scramble to keep sales growing amid a slump in this giant market's once-explosive demand. China passed the United States in 2009 in number of vehicles sold, and sales last year totaled 18.5 million vehicles.
Source: The Associated Press

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Flying Car Aims to Take Wing in the Commercial Market

The history of the flying-car genre is fraught with flops, but Terrafugia Inc. hopes its Transition model is safe and simple enough for today's consumers. The Jetsons had one, and Fred MacMurray flew one in "Flubber." Novelist Ian Fleming included one in his children's book "Chitty Chitty Bang Bang." James Bond's nemesis Francisco Scaramanga used one as a getaway vehicle in the film "The Man With the Golden Gun." Now, a Massachusetts company hopes to commercially market a flying car — although "driving plane" might be a more accurate description.
Source: Los Angeles Times

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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
"You can pull out of your garage, fill up with 91 octane at a gas station, drive to the nearest airport, unfold your wings, perform a preflight check and take off."

   
-- Terrafugia Chief Executive Carl Dietrich, referring to his company's plan to commercially market a flying car, Los Angeles Times, April 19


 

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