View Mobile Version | View Web Version

SPONSORED BY
 
NADA.org
August 10, 2012 FacebookTwitterFlickrRSSSEND TO A FRIENDPRINT
nada.orgAdvocacyAffiliates | Convention | Jobs | Programs | Publications | Services | Training
Inside this issue
GM CEO Says Old Culture Still Hinders Change
GM's Akerson Decries Media Leaks, Tells Workers to Act with Integrity
Report Shows Bitter Fuel Rules Talks
Video: NADA Remains Bullish on Used-Vehicle Market
Nissan Expects to Add 9,000 Jobs in Americas in Next 3 Years, Hiring Now Locally
China Auto Sales Growth Slows Again in July
Toyota Chief's Big Fear: Gen Y 'Lukewarm' About Cars
Self-Driving Cars on Horizon, But How Soon?
Click here for more auto industry news at NADAFrontPage.com. .
Top Stories
GM CEO Says Old Culture Still Hinders Change

A frustrated but upbeat General Motors CEO told employees that he's working to wipe out fiefdoms that remain in the company and bring its culture into the 21st Century. Chief Executive Dan Akerson told workers during a meeting Thursday that GM has made progress in shrinking its bureaucracy, but he urged them to be leaders and to fix problems rather than wait to be told what to do.
Source: The Associated Press

[back to top]

GM's Akerson Decries Media Leaks, Tells Workers to Act with Integrity

General Motors Co. Chairman and CEO Dan Akerson exhorted GM employees Thursday to be loyal to their company, and said those unwilling to play by the rules "ought to work somewhere else. It's unfortunate when those among us don't live up to those standards," Akerson said during a scheduled meeting and conference call with employees Thursday.
Source: The Detroit News

[back to top]

Report Shows Bitter Fuel Rules Talks

Committee calls White House negotiations with automakers over efficiency 'reckless'

While the White House kept the deal to hike fuel efficiency to 54.5 miles per gallon by 2025 largely off the public radar, the issue roiled bureaucrats and automakers, according to documents obtained by the Detroit News.
Source: The Detroit News

[back to top]

Video: NADA Remains Bullish on Used-Vehicle Market

Despite the debt crisis in Europe and the volatility of a presidential election year, the National Automobile Dealers Association remains bullish on both the new- and used-vehicle markets. “New-vehicle sales were incredibly strong in July, surpassing a 14-million unit pace once again,” said Jonathan Banks, senior analyst with the NADA Used Car Guide, in an interview on AutoFocus with David Hyatt. “Used-vehicle prices, which have been declining from record-high levels, are still historically strong. NADA still remains very bullish on used-vehicle prices.” Click here to view the AutoFocus interview.
Source: NADAFrontPage.com

[back to top]

Nissan Expects to Add 9,000 Jobs in Americas in Next 3 Years, Hiring Now Locally

Nissan Motor Co. plans to continue to grow its market share and over the next three years will invest $5.2 billion and create 9,000 jobs in the U.S., Mexico and Brazil.
Source: The Detroit News

Related Story:

[back to top]

China Auto Sales Growth Slows Again in July

Chinese demand for automobiles slowed further in July from the previous two months as an economic slowdown and weak consumer confidence weighed on sales. Sales in China's auto market grew sharply in 2009 and 2010, but growth began to slow significantly last year and is continuing into this year. Truck sales also plunged due to the slowing domestic economy and weak foreign trade.
Source: Reuters

Related Story:

[back to top]

Toyota Chief's Big Fear: Gen Y 'Lukewarm' About Cars

Toyota's biggest challenges? The automaker's sales chief in the U.S. says getting underwhelmed Gen Y youth excited about cars is at the top of the list. They can't be ignored, given their sheer numbers. These young buyers make up 80 million in the U.S. Yet "they seem lukewarm, at best, about cars," says Jim Lentz, chief executive of Toyota Motor Sales, due to a struggling economy, high unemployment, gas prices and crippling college debt and a love of less expensive gadgets such as smartphones and iPads.
Source: USA Today

[back to top]

Self-Driving Cars on Horizon, But How Soon?

The day when self-driven cars dominate the road, a longtime science-fiction fantasy, may not be far off, a new report says.
Source: Automotive News

[back to top]

More Articles
 
Quotable
"We've done a pretty damn good job."

   
-- Dan Akerson, CEO of GM, referring to the company surpassing Wall Street estimates for second-quarter earnings, The Detroit News, August 10


 




NADA Data 2012

Videos

 Video: NADA Remains Bullish on Used-Vehicle Market (AutoFocus) 

 
 Registration for 2013 NADA Convention and Expo in Orlando is Now Open


 NADA Creates Task Force to Address Concerns on Facility Upgrades and Stair-Step Pricing Programs (AutoFocus)

 More Videos

Chairman's Column
New NADA Task Force Sets Vigorous Agenda on Facility Image and Stair-Step Incentives
Foundation News
Tennessee Auto Dealer Establishes Family Legacy of Giving through NADA Foundation
Marketplace
NADA Mobile App for iPhone and iPad

Save More Than 30% on an HP Bundle


July Savings from Lenovo
 
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 .