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Inside this issue
Dealers to Testify before Congress in Support of Bill to Eliminate Obsolete Insurance Loss Data Booklet in Dealerships
U.S. Market Share: As New Car Sales Keep Rising, Nearly All Competitors Lifted
Ford Can't Keep Up with Auto Demand
Chrysler Aims to Crack Small-Car Market by Reviving Dodge Dart
Toyota Tsunami Recovery to Be Seen in 93% U.S. Sales Gain
VW Plans to Add Midsize SUV to Lineup, Executive Says
How I Went from Art School to GM's Senior Cadillac Designer by Age 28
Click here for more auto industry news at NADAFrontPage.com. .
Top Stories
Dealers to Testify before Congress in Support of Bill to Eliminate Obsolete Insurance Loss Data Booklet in Dealerships

Multi-franchise auto dealer Jack Fitzgerald and U.S. Rep. Mike Kelly, R-Pa., a Chevrolet dealer, will testify at a congressional hearing on June 1 urging members of a House Energy and Commerce Subcommittee to support H.R. 5859. This bill repeals a mandate that requires auto dealers to provide a rarely used booklet on insurance loss data to their customers. Since 1991, the government has mailed these reports to new-car dealerships across the country. Fitzgerald, owner of Fitzgerald Auto Mall, with dealerships in Florida, Maryland and Pennsylvania, will tell members of the House subcommittee that consumers do not use the booklet and those few who do find it of little value. Rep. Kelly, in his testimony, is expected to say that his dealership sales staff advises their customers to contact their insurance agent to obtain accurate insurance information. The National Automobile Dealers Association found that 96 percent of the dealers it surveyed said that none of their customers has ever asked to see the information. The NADA-supported legislation was introduced by Reps. Gregg Harper, R-Miss., and Bill Owens, D-N.Y.
Source: NADA Legislative Affairs


Editor’s note:
Click here for information on the hearing and for details to view it live online.

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U.S. Market Share: As New Car Sales Keep Rising, Nearly All Competitors Lifted

General Motors and Ford say they've learned from the recent past that they'd rather be consistently profitable than extra popular by boosting sales through costly incentives and special financing deals. Today, more Americans are buying cars than the auto industry expected and some companies, including Volkswagen, Nissan and Toyota, have pledged to win more of the market.
Source: Detroit Free Press

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Ford Can't Keep Up with Auto Demand

Ford Motor Co. President and Chief Executive Alan Mulally says his company can't build enough vehicles to meet demand. Mulally said Wednesday Ford will continue boosting production this year, acknowledging that crimps in the parts supply chain are among the challenges that will prevent it from making as many cars and trucks as it wants — at least in the short run.
Source: The Detroit News

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Chrysler Aims to Crack Small-Car Market by Reviving Dodge Dart

Three years after their shotgun marriage, Chrysler and Fiat are rolling out a new car that combines Chrysler's legacy with Fiat's Italian design roots. The Dodge Dart, a reinterpretation of the 1960s' nameplate, needs to hit the bull's-eye if Chrysler is to have any chance of regaining a toehold in the competitive compact car market long dominated by import brands such as the Toyota Corolla and Honda Civic.
Source: Los Angeles Times

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Toyota Tsunami Recovery to Be Seen in 93% U.S. Sales Gain

Toyota Motor Corp. is coming back strong in the U.S. This time, Ernie Boch Jr. sees it lasting. A year ago, as the company was recovering from record recalls, Toyota was like a woozy heavyweight boxer just returning to his feet, said Boch, a dealer 30 minutes outside Boston. Then, Japan’s earthquake and tsunami hit in March 2011, halting vehicle assembly and leading to shortages from May through August.
Source: Bloomberg

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VW Plans to Add Midsize SUV to Lineup, Executive Says

Volkswagen AG, Europe’s largest carmaker, plans to add a midsize sport-utility vehicle to its U.S. lineup, the chief executive officer of its unit in the country said. “There’s a great opportunity for us for a midsize SUV in the U.S.” that would be positioned between the smaller Tiguan and larger Touareg SUVs, Volkswagen of America CEO Jonathan Browning told reporters at an Automotive Press Association event in Detroit.
Source: Bloomberg

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How I Went from Art School to GM's Senior Cadillac Designer by Age 28
By Christine Park, senior designer for Cadillac

Growing up in Cupertino, California, which is best known as the home of Apple, I was surrounded by an aura of optimism that comes from the infinite possibilities technology and the dot-com era brought. Being exposed to this tech culture allowed me to realize at an early age the impact of innovation and thinking outside the box.
Source: Forbes.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. For more information, visit www.nada.org.

 
Quotable
"Small cars are the single largest hole in our lineup."

   
-- Reid Bigland, who has the dual titles of chief executive of Dodge and U.S. sales chief of Chrysler, referring to the rollout of the Dodge Dart, Los Angeles Times, May 30 


 

NADA - National Automobile Dealers Association

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