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Inside this issue
Last Chance for Convention Early-Bird Discount
Mulally Could Stay at Ford as Nonexecutive Chairman, Report Says
Canadian Auto Workers Union Proposes Lower Starting Wages
Midsize Cars, CUVs to Lead Product Turnover Through 2015
Ford Lays Off the Rare Earths
Cars Won't Fly, But They'll Amaze
San Francisco Auto Dealers Team on New Trade Group to Promote Economic Growth in City
Click here for more auto industry news at NADAFrontPage.com. .
Top Stories
Last Chance for Convention Early-Bird Discount

New-car dealers and their managers planning to attend the NADA Convention and Expo in Orlando, Fla., in February are encouraged to register by today, Sept. 14, to take advantage of early-bird registration rates—a $100 discount off the onsite rate. “Dealers should also register in advance to book the hotel rooms of their choice,” said Mark Scarpelli, chairman of NADA’s convention committee. “With several conferences running at the same time in Orlando next February, hotel rooms will fill up quickly.” Six out of 21 NADA convention hotels have already sold out. The 96th annual NADA convention will be held at the Orange County Convention Center from Feb. 8-11, 2013. The American Truck Dealers (ATD) Convention and Expo will once again run concurrently with NADA. To register for the NADA convention, including hotel reservations with discounted rates, visit www.nadaconventionandexpo.org.
Source: NADAFrontPage.com

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Mulally Could Stay at Ford as Nonexecutive Chairman, Report Says

No announcement on succession planned after board adjourns

Ford Motor Co.'s board of directors is considering keeping CEO Alan Mulally involved with the automaker, after his retirement, as the board's nonexecutive chairman, a person familiar with the matter told Reuters. The board, which concluded a regularly scheduled meeting [Thursday], is laying the groundwork to promote Mark Fields, the head of Ford's North and South American operations, to COO, said the source, echoing press reports from earlier this week.
Source: Reuters

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Canadian Auto Workers Union Proposes Lower Starting Wages

Proposal would help carmakers, but cost savings may be limited

The Canadian Auto Workers union has proposed lower introductory wages for new employees, a proposal that if accepted would benefit Detroit's Big Three but fall short of the cost savings previously negotiated with the United Auto Workers. CAW secretary-treasurer Peter Kennedy said Thursday the union has proposed wages for newly hired workers to start at less than the current $24 an hour in an effort to stay competitive with United Auto Workers wages. The pay cut proposal amount is not known.
Source: The Detroit News

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Midsize Cars, CUVs to Lead Product Turnover Through 2015

A boost in U.S. new-vehicle sales, including models undergoing major redesigns, will come from midsize cars and cross/utility vehicles over the next three years. Indeed, nearly 60% of the volume will result from the two segments in 2013, WardsAuto analysis finds.
Source: WardsAuto

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Ford Lays Off the Rare Earths

Ford Motor Co. says it's cutting its consumption of rare earths used in its hybrid and electric cars by 500,000 pounds a year, and saving hundreds of dollars per car in the process. The savings result from a switch to using lithium-ion batteries in its hybrid and electric cars, such as the Fusion hybrid and new C-Max hybrid.
Source: The Wall Street Journal

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Cars Won't Fly, But They'll Amaze

Don't get your hopes up for seeing swarms of flying cars in 30 years, cautions Bill Ford, executive chairman of Ford Motor and one of the leading visionaries in the auto industry. But he sees developments in the future of ground transportation over the next three decades that will be just as exciting: a world in which cars will run on electricity, hydrogen or other energy alternatives and will be interconnected with smartphones in ways that make getting from one place to another more efficient and safer than ever.
Source: USA Today

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San Francisco Auto Dealers Team on New Trade Group to Promote Economic Growth in City

Auto dealers in San Francisco have come together to form a new trade group, with the goal of using their economic powers for the good of their city. The new trade group, called the San Francisco Auto Jobs Alliance, aims to preserve the city's automotive heritage, and promote job creation and economic growth, the group announced on Thursday.
Source: Auto Remarketing

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Quotable
"Dealers should register for the NADA convention in advance and book the hotel rooms of their choice. With several conferences running at the same time in Orlando next February, hotel rooms will fill up quickly."
 
   
-- Mark Scarpelli, chairman of NADA’s convention committee, encouraging dealers to take advantage of the early-bird registration discount, which ends today, NADAFrontPage.com, Sept. 12


 


 

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NADA Convention
Early-Bird Registration Ends Today, Sept. 14

NADA members (dealers and managers) are encouraged to register by today, Sept. 14. to take advantage of early-bird registration rates (a $100 savings from the onsite rate) and book the hotel of choice. 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. To register, visit www.nadaconventionandexpo.com.
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