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Inside this issue
Congress Mulls What to Do With Those Dusty Insurance Booklets
Chrysler to Invest $198M in Detroit Mack Avenue Plant
Ford Sees Supplier Flaw at Root of 2013 Escape Recall
Ford Expects Lower 2Q Profit on Growing Losses
Survey: Motorists Plan To Drive Their Cars Into the Ground
The Next Generation Of Connectivity Will Link Your Car To Your Home And The Outside World
A Ford Dealer and a Dog's Best Pal
Click here for more auto industry news at NADAFrontPage.com. .
Top Stories
Congress Mulls What to Do With Those Dusty Insurance Booklets

U.S. regulators pull together data on insurance costs for all makes and models of cars, SUVs, light trucks and vans and compile it into a report made available to retailers. Each year, dealerships are required to reproduce the info and have it handy in case a customer asks for it, which by the Department of Transportation's own admission, they rarely do. That could soon change. Today, the House passed legislation that would repeal a federal mandate requiring dealerships to keep these insurance booklets available or risk a $1,000 fine. Of course, the National Automobile Dealers Association has strongly backed the legislation, along with a number of other dealer trade groups. In a survey this summer, NADA polled 800 new car dealers on the issue and found that 96 percent said they've never had a customer ask for the insurance booklet.
Source: Automotive News

Editor's note: The elimination of the 'Relative Collision Insurance Cost Information' booklet requirement is just one way NADA is working to reduce mandates and potential fines that dealerships face.

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Chrysler to Invest $198M in Detroit Mack Avenue Plant

Chrysler Group LLC is considering investing nearly $198 million at its Mack Avenue I Engine Plant in Detroit, a move that could create as many as 250 jobs at the factory. That would more than double the number of hourly jobs at the plant, which now employees 144 workers. The Auburn Hills-based automaker said it would use that money to add production of its Pentastar engine.
Source: The Detroit News

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Ford Sees Supplier Flaw at Root of 2013 Escape Recall

Ford Motor Co, which recalled about 11,500 Escape sport utility vehicles last week because of a fire risk, is pointing to a manufacturing flaw in fuel lines supplied by part maker TI Automotive for the problem.
Source: Reuters

Related Story:

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Ford Expects Lower 2Q Profit on Growing Losses

Ford Motor Co. has already warned that its second-quarter profit will fall below last year's $2.4 billion because of trouble outside North America. On Wednesday, investors will see the extent of the damage — and find out if Ford expects the bad news to continue in the second half.
Source: Detroit Free Press

Related Story:

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Survey: Motorists Plan To Drive Their Cars Into the Ground

Remember when people used to buy new cars every three years or so? Those days are largely over in part because of difficult economic conditions. However, many drivers say they will continue to hold onto their cars longer even if the economy improves.
Source: The Wall Street Journal

Related Story:

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The Next Generation Of Connectivity Will Link Your Car To Your Home And The Outside World

“Connectivity” is the big buzzword these days among automakers looking to attract a new generation of younger and tech-savvy buyers by integrating smartphone functionality into their vehicles. To that end, many of today's cars feature the ability to enable hands-free calling and digital song downloading from a smartphone, with some now able to access Internet radio services and read aloud text messages, Twitter “tweets” and Facebook updates via a synthesized voice.
Source: Forbes

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A Ford Dealer and a Dog's Best Pal

Finding homes for animals, cars in Hawaii

Mike McKenna, 79, has been a U.S. Marine, race track operator, drag racer, newspaper publisher, restaurateur, car dealer and animal lover. He has retired from most of his business activities, but the bearded, cigar-chomping McKenna reckons he'll never stop selling cars or loving animals. On a typical day, customers who visit Mike McKenna's Windward Ford in Kailua -- 12 miles east of Honolulu on Oahu's famously spectacular windward shore -- are guaranteed to be greeted by some animals around the place.
Source: Automotive News

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Quotable
"We're looking for other ways to reduce regulatory burdens on dealers."

   
-- NADA Chairman Bill Underriner, referring to the House of Representatives repeal of a federal mandate that requires dealers to provide car buyers with a booklet comparing vehicle insurance repair costs, NADAFrontPage.com, July 24




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