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Inside this issue
Romney Vows Quick U.S. Exit from GM
Auto Workers Urged to Oppose Japan's Entry into Trade Talks
Johan de Nysschen Leaves Audi for Infiniti
Keeping an Eye on F&I
Ford Updates F-150 for 2013: A Gamble on High-Tech?
Auto Industry Speeds Toward Driverless Cars
Courting Sales
Click here for more auto industry news at NADAFrontPage.com. .
Top Stories
Romney Vows Quick U.S. Exit from GM

Republican Mitt Romney believes President Barack Obama is holding on to the government's stake in General Motors to avoid an embarrassing financial loss before the election, and says he'd sell the stock quickly if he wins the White House.
Source: The Detroit News

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Auto Workers Urged to Oppose Japan's Entry into Trade Talks

The United Auto Workers union and Ford Motor Co. urged the automaker's more than 40,000 hourly workers to oppose Japan's entry into free-trade talks.
Source: The Detroit News

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Johan de Nysschen Leaves Audi for Infiniti

Johan de Nysschen, a 19-year Audi veteran, has left the luxury unit of Volkswagen to become a senior vice president of Nissan Motor Co. and take charge of the company’s Infiniti unit.
Source: The Wall Street Journal

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Keeping an Eye on F&I

When Mirt Ramey went to Target in 1999 and spent $3,400 on video cameras and recorders for Red McCombs Automotive in San Antonio, she didn't realize what powerful tools they would become.
Source: Automotive News

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Ford Updates F-150 for 2013: A Gamble on High-Tech?

Ford is tweaking the F-150 outside and adding new technology inside for 2013. The automaker is trying a new grille outside and the MyFord Touch control system inside to give the 2013 F-150 a fresh look.
Source: USA Today

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Auto Industry Speeds Toward Driverless Cars

In the not-so-distant future, drivers may be able to take their hands off the steering wheel to eat, send text messages or check Facebook without risking an accident.
Source: The Detroit News

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Courting Sales

Former NBA star Karl Malone sells Toyotas the way he played basketball: With passion and flair

For former professional basketball star Karl Malone, selling Toyotas amounts to selling ... well, Karl Malone. His Karl Malone Toyota in suburban Salt Lake City is installing a 100-foot sign that will tower above a nearby freeway and feature three Jumbotron-like screens for promotions.
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

"They tell you at rookie camp that your basketball career is going to end some day and you have to prepare for life after that. I'm telling you the car business, done right, is something you can do the rest of your life and pass it on to your kids."

   
-- Karl Malone, former professional basketball player with the Utah Jazz, is the majority owner of Karl Malone Toyota in Salt Lake City, Automotive News, June 4


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