View Mobile Version | View Web Version

SPONSORED BY
Advertisement
NADA.org
May 23, 2012 FacebookTwitterFlickrRSSSEND TO A FRIENDPRINT
nada.orgAdvocacyAffiliates | Convention | Jobs | Programs | Publications | Services | Training
Inside this issue
Ford Upgraded, Reclaims Blue Oval
Moody's: GM on Track to Investment-Grade Rating
Chrysler's U.S. Sales Gains Driven by Better Vehicles, Management
Autoworkers Pushed to Limit as Many Plants Max Out
Toyota's Cumulative Hybrid Sales Hit 4 Million
Mazda, Fiat to Work Together on Small Convertible
Mobile Devices Encourage Dealership Shoppers to Stay Put
Click here for more auto industry news at NADAFrontPage.com. .
Top Stories
Ford Upgraded, Reclaims Blue Oval

At Ford Motor Co.'s Glass House in Dearborn Tuesday afternoon, Executive Chairman Bill Ford Jr. announced to employees over the fire-drill loudspeaker that the automaker had reached a milestone six years in the making: The Blue Oval was theirs again.
Source: The Detroit News

Related Article

[back to top]

Moody's: GM on Track to Investment-Grade Rating

Moody's Investors Service Tuesday reaffirmed General Motors Co.'s Ba1 rating and expects the automaker to reach investment-grade rating within 12 months. "GM's credit quality continues to improve and the company remains on track to regain an investment-grade credit rating over the course of the next 12 months," Bruce Clark, Moody's lead analyst for North America, said in a statement.
Source: The Detroit News

[back to top]

Chrysler's U.S. Sales Gains Driven by Better Vehicles, Management

Chrysler Chairman and CEO Sergio Marchionne deliberately kept expectations low at the beginning of this year. Aside from the low-volume SRT Viper, there would be only one all-new major vehicle introduction: the Dodge Dart. Even so, Chrysler's U.S. sales through April have increased by a third -- nearly triple the industry average. Less than three years ago, dealers questioned an ambitious five-year plan laid out by Marchionne to save Chrysler. Now, dealers from northern Illinois to suburban Philadelphia to rural Georgia gush about the chief executive.
Source: Detroit Free Press

[back to top]

Autoworkers Pushed to Limit as Many Plants Max Out

Automakers are pushing factories and workers to the limit to try to meet burgeoning demand for new vehicles. Some plants are adding third work shifts. Others are piling on worker overtime and six-day weeks. And Ford Motor and Chrysler Group are cutting out or reducing the annual two-week July shutdown at several plants this summer to add thousands of vehicles to their output.
Source: USA Today

[back to top]

Toyota's Cumulative Hybrid Sales Hit 4 Million

Toyota Motor Corp. has sold 4 million hybrid vehicles since 1997 when it introduced its first gas-electric car in Japan. Toyota currently sells 18 hybrid models in 80 countries, amounting this year to 15 percent of its global vehicle sales, the company said Tuesday.
Source: The Detroit News

[back to top]

Mazda, Fiat to Work Together on Small Convertible

Mazda Motor Corp. and Fiat SpA are working together on developing and manufacturing a roadster, or two-seater convertible, although the automakers will come up with different, distinctly styled models.
Source: The Associated Press

[back to top]

Mobile Devices Encourage Dealership Shoppers to Stay Put

Many dealers are using mobile devices to keep customers at their store, rather than go elsewhere to do online shopping research, says Alex Vetter, Cars.com’s senior vice president-advertising. More dealers are arming their staffers with devices such as iPad computer tablets in an effort to enhance the selling process – and encourage the customer to stay put.
Source: WardsAuto

[back to top]

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
"The Ford Blue Oval is back where it belongs."

   
-- Ford Motor Co. Executive Chairman Bill Ford and CEO Alan Mulally, in an email sent to Ford employees Tuesday, referring to the decision by Moody's Investors Service to raise its credit rating to investment grade, The Detroit News, May 22


 

NADA - National Automobile Dealers Association

Videos

 AutoFocus: NADA Chairman Bill Underriner Discusses New Alliance with J.D. Power That Focuses on the Security of Dealer Data


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

 More Videos
Chairman's Column
Facility Upgrades: 'Your Voice Is Being Heard'
Foundation News
It's a Family Affair for Delaware Dealer's Annual Giving from the NADA Foundation's Ambassador Program
Marketplace
NADA Mobile App for iPhone and iPad

Save More Than 30% on an HP Bundle


May Brings Big Savings from Lenovo
AdvertisementAdvertisement 
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 .