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Inside this issue
Auto Competition to Heat Up, NADA Says
Auto Caucus to Tackle Safety, Energy Issues
How to Watch Out for Previously Wrecked Used Cars
Toyota Considers Moving Some Lexus Production to U.S.
Honda Nears 100% Local Sourcing in North America
Why Auto Quality Ratings Don't Mean as Much
GM Turns to MTV to Reach New Employees
Click here for more auto industry news at NADAFrontPage.com. .
Top Stories
Auto Competition to Heat Up, NADA Says

Expect an auto industry shootout for the rest of the year as the competition gets serious, says Paul Taylor, chief economist for the National Automobile Dealers Association. “There will be knock-down, drag-out competition, because all of the auto makers have good inventories, except for a couple with bottlenecks,” he said at the Center for Automotive Research's Management Briefing Seminars.
Source: WardsAuto

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Auto Caucus to Tackle Safety, Energy Issues

Gov. Rick Snyder said Wednesday that a new national auto caucus of governors may first tackle issues concerning safety, developing a national energy policy and setting regulations for autonomous or self-driving vehicles. Snyder, who addressed hundreds of people at the Center for Automotive Research's annual Management Briefing Seminars and spoke at a luncheon before the CAR Automotive Communities Partnership, said the National Governors Auto Caucus will look to the auto industry to establish priorities.
Source: The Detroit News

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How to Watch Out for Previously Wrecked Used Cars

Getting a used car's history report isn't the safeguard many think it is against buying a car that was wrecked and rebuilt. Without a thorough inspection by an independent mechanic, it's almost impossible to tell, consumer experts say. Dealers say they get duped, too. They were involved in the push for a 2009 law that requires insurance companies to share their data on totaled vehicles with a new Justice Department database, the National Motor Vehicle Title Information System. The National Automobile Dealers Association pushed for the database because "Dealers don't want rebuilt wrecks on their lots," says NADA spokesman Bailey Wood. He says the database will "permanently red-flag severely damaged" vehicles.
Source: USA Today

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Toyota Considers Moving Some Lexus Production to U.S.

Toyota Motor Corp. is considering moving some production of its Lexus luxury brand to the United States because of the strength of the Japanese yen, the automaker's head of U.S. sales said yesterday. A likely candidate would be shifting production of the Lexus ES sedan from Japan to the United States, the executive, Jim Lentz, said.
Source: Automotive News

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Honda Nears 100% Local Sourcing in North America

Honda is on course to nearly match the Detroit Three auto makers in the percentage of cars and light trucks it sells in North America that are produced locally. That number steadily has risen since Honda delivered its first North American-made car in the U.S. in 1983, a WardsAuto analysis finds. This year, the Japanese auto maker's plants in the region are expected to account for 89% of the company's local sales and climb to more than 90% in 2013.
Source: WardsAuto

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Why Auto Quality Ratings Don't Mean as Much

Telling a good car from a bad one is not as easy as it used to be. But that does not mean each one is necessarily as good as the rest. “None of them are really awful anymore,” Jim Hall, managing director of the consulting firm 2953 Analytics, said at the 2012 Management Briefing Seminars on Wednesday. “It's not like you're going to get it and the fender's going to fall off in a year." As the quality gap between the best and worst vehicles keeps narrowing, Hall and other analysts said consumers are more often basing their purchase decisions on harder-to-measure factors such as customer service, marketing effectiveness and the user-friendliness of in-car connectivity features.
Source: Automotive News

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GM Turns to MTV to Reach New Employees

As it tries to attract new employees for the years to come, General Motors has gone to one of the youth market's biggest global watering holes -- MTV. GM has been advertising itself on the cable TV music channel to show young people its potential as an innovative employer.
Source: Automotive News

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Quotable
"There will be knock-down, drag-out competition, because all of the auto makers have good inventories, except for a couple with bottlenecks."

   
-- Paul Taylor, NADA chief economist, referring to the end of dealer inventory shortages, WardsAuto, August 7


 




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