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Inside this issue
New Standards May Change How Cars Are Made
Average Fuel Economy of New Models Sold Rose in August
Volkswagen Cuts 2012 Vehicles Sales Outlook
Ford Expands Offerings for Europe
New OnStar Chief Taking GM Vehicles Wireless
James Bond's Aston Martin May Fetch $239,000 in Charity Auction
Executive Power Steering: How U.S. Presidents Altered The Course Of The Auto Industry
Click here for more auto industry news at NADAFrontPage.com. .
Top Stories
New Standards May Change How Cars Are Made

New fuel efficiency regulations will double the fuel economy of cars by 2025. The new regulations were generally well-received by car manufacturers. Still, they acknowledge that it could be difficult and costly to achieve the new standards and they may change the way cars are manufactured.
Source: Talk of the Nation, NPR

Editor’s note: The guests on Thursday’s show were NADA Vice Chairman Dave Westcott, a new-car dealer in North Carolina; Joseph White, senior editor, The Wall Street Journal; and Daniel Sperling, engineer and co-author of Two Billion Cars.

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Average Fuel Economy of New Models Sold Rose in August

The average fuel economy of new vehicles sold in the United States in August rose for the first time in five months, University of Michigan researchers say. Vehicles sold in August had an average fuel economy of 23.8 mpg, according to a report by the university's Transportation Research Institute.
Source: Automotive News

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Volkswagen Cuts 2012 Vehicles Sales Outlook

German carmaker Volkswagen has cut its expectations for full-year sales by 300,000 vehicles, spooked by the stubbornly weak European economy, German daily Handelsblatt reported on Friday.
Source: Reuters

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Ford Expands Offerings for Europe

Even during the American auto industry's collapse three years ago, the Ford Motor Company kept investing heavily in new products for the future. Now Ford is gambling the same strategy will work in Europe, where economic conditions are deteriorating and car sales are at their lowest point in 15 years. The company on Thursday said it would introduce several new or refreshed models to bolster its struggling European division.
Source: The New York Times

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New OnStar Chief Taking GM Vehicles Wireless

OnStar, General Motors' telematics division in the coming months arguably will take its best shot at growing its business beyond its staple suite of safety and security services by becoming a vehicle platform for wireless connectivity.
Source: WardsAuto

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James Bond's Aston Martin May Fetch $239,000 in Charity Auction

A 2008 Aston Martin six-liter V12 used by Daniel Craig in “Quantum of Solace” is among 40 lots of James Bond memorabilia to go under the hammer at a charity auction. “The Aston Martin DBS plays a dramatic role in the opening sequence of the film, in which Bond skillfully navigates winding roads,” Christie’s International said in an e-mailed release. The car is expected to fetch as much as 150,000 pounds ($239,000) [at an invitation-only charity event at Christie’s South Kensington on Oct. 5].
Source: Bloomberg

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Executive Power Steering: How U.S. Presidents Altered The Course Of The Auto Industry

It should come as no surprise that both sides of the contentious U.S. presidential race are headed into overtime playing political football with the auto industry. This is, of course, nothing new. For better or worse, presidential politics and influence have been inexorably entwined with the car business virtually since the first horseless carriage displaced a horse and buggy.
Source: Forbes

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Quotable
"Just like in the U.S., we are going to invest in the worst of times because it will allow us to grow.”
 
   
-- Alan Mulally, Ford CEO, said in an interview from Amsterdam where Ford announced its product plans at an event attended by 2,500 of its European dealers, The New York Times, Sept. 6


 




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Six NADA Convention Hotels in Orlando Sold Out; Early-Bird Registration Ends Sept. 14 

Six out of 21 hotels reserved for the NADA Convention and Expo, Feb. 8-11, in Orlando, Fla., have sold out. They include the Westin, Hilton, Peabody, Embassy Suites, JW Marriott and Ritz-Carlton. The Rosen Center is nearly sold out. NADA members (dealers and managers) are encouraged to register by Sept. 14 to take advantage of early-bird registration rates (a $100 savings from the onsite rate) and book the hotel of choice. To register, visit www.nadaconventionandexpo.com.
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