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Inside this issue
Big Management Shake-up On the Horizon at GM
U.S. Auto Efficiency Rules Coming Soon: DOT
Consumers Make Car Payments a Priority
Many Makers Battle For Bigger Slice of Midsize Sedan Market
Nissan Snags Consumer Reports' Testing Chief
Ford Tops U.S. Rivals in Turbocharged Engines
Jaguar Taps 'Mad Men' Star, Playboy or XJL Ultimate
Click here for more auto industry news at NADAFrontPage.com. .
Top Stories
Big Management Shake-up On the Horizon at GM

General Motors appears to be heading toward a major reorganization, according to a number of sources, one that Chairman and CEO Dan Akerson apparently hopes will shift the automaker to a more global focus — and help it eliminate the sort of “fiefdoms” that have long stymied its efforts to become more efficient and competitive.
Source: MSNBC

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U.S. Auto Efficiency Rules Coming Soon: DOT

The U.S. government said on Wednesday it plans to complete rules "soon" that significantly boost automobile efficiency, despite calls from some Republicans for further evaluation of the regulations. The Obama administration had planned to finalize standards last week that would require companies to reach an average fuel efficiency across their U.S. fleets of 54.5 miles per gallon by 2025, but the release of the regulations was delayed. Some Republican lawmakers, led by House Oversight Committee Chairman Darrell Issa, have raised concerns about the fuel economy proposal that was crafted after months of negotiations between the Obama administration and auto makers. The process used to arrive at these new efficiency targets was flawed, lacked transparency and failed to adequately assess how the new rules would affect safety and vehicles costs, Issa and committee colleagues Jim Jordan and Mike Kelly said on Tuesday.
Source: Reuters

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Consumers Make Car Payments a Priority

More people are making an effort to pay their auto loan ahead of other debt, credit bureau TransUnion says. Nationally, auto loan delinquencies of 60 days or greater -- those that are most likely to be written off -- hit a record low in the second quarter of 2012, for the second quarter in a row, TransUnion said this week.
Source: Automotive News

Related Story:

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Many Makers Battle For Bigger Slice of Midsize Sedan Market

The battle for the heart of the U.S. car market is shifting into overdrive. “[The midsize sedan] will no longer have one or two cars that dominate,” said Al Castignetti, Nissan’s U.S. sales chief. “It will have a lot of competition and it will have competition from companies that it never had before." Few vehicles are as important to a car maker’s lineup as midsize sedans.
Source: The Wall Street Journal

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Nissan Snags Consumer Reports' Testing Chief

Nissan has hired Consumer Reports' testing chief David Champion as its executive adviser for competitive assessment and quality. Champion, over the last 15 years, has become known for his sharp, no-holds-barred evaluations of new cars and trucks as they come on the market.
Source: Detroit Free Press

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Ford Tops U.S. Rivals in Turbocharged Engines

Automaker on track for 800,000 turbo models in 2013

Ford's popular EcoBoost engines have made the Dearborn automaker the leader in North American turbocharged engine production. Ford is producing nearly twice as many vehicles with turbocharged engines as its domestic rivals, General Motors Co. and Chrysler Group LLC.
Source: The Detroit News

Related Story:

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Jaguar Taps 'Mad Men' Star, Playboy or XJL Ultimate

Say what you will about Jaguar luxury cars, you have to admit the automaker sure knows how to throw an exclusive party. The premium British brand took over an estate near the Pebble Beach golf resort, ground zero of Concours d'Elegance and all the car events there in the past week. Then it co-sponsored its soirée with Playboy, guaranteeing the place would be well stocked with arm candy for the invited superwealthy. To top it off, Jag added a few surprise guests, including actors Adrian Brody and Christina Hendricks.
Source: USA Today

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Quotable
"Consumers are doing a good job handling their obligations."

   
-- Peter Turek, automotive vice president for TransUnion's financial services business unit, referring to record low of auto loan delinquencies, Automotive News, August 22


 




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