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Inside this issue
Why It Matters: China's Auto Parts Industry
CAW, Ford OK Deal; GM, Chrysler Talks Extended
GM: We Didn't Ask U.S. to Sell Shares
Why the 2013 Ford Fusion is Ford's Most Important New Vehicle
Video: Local Car Dealer is Suing CarFax
VW and Toyota Want Owners to Tout Their Brands
Click here for more auto industry news at NADAFrontPage.com. .
Top Stories
Why It Matters: China's Auto Parts Industry

The United States, China and other governments see the auto industry as an important source of higher-paid jobs and export revenue. The 2008 global crisis fueled complaints in the West that Chinese policies on a wide range of industries might be wiping out jobs abroad.
Source: Associated Press

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CAW, Ford OK Deal; GM, Chrysler Talks Extended

Pact cuts labor costs for new hires, calls for 600 new jobs

Ford Motor Co. and the Canadian Auto Workers reached a tentative agreement on a new four-year contract Monday, but negotiations between the union and the other two Detroit automakers are continuing despite the midnight deadline.
Source: The Detroit News

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GM: We Didn't Ask U.S. to Sell Shares

The U.S. government will sell its stake in General Motors eventually, but the company has not asked the Treasury Department to sell soon, a source familiar with the discussions said. The Wall Street Journal reported Monday that the Treasury Department rejected a GM request earlier this year to offload its remaining stake through a combination of a new public offering and GM share buybacks. But a source familiar with the discussions told the Free Press that GM has not made such a proposal.
Source: Detroit Free Press

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Why the 2013 Ford Fusion is Ford's Most Important New Vehicle

Today, Ford executives are fanned out across the country for the launch of the most important car in its lineup: the 2013 Ford Fusion, which goes on sale this fall. "There is no more important segment in the U.S. market," said Michael Robinet, managing director of IHS Automotive Consulting in Northville.
Source: Detroit Free Press

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Video: Local Car Dealer is Suing CarFax

If you've ever bought a used car, chances are you've purchased a CarFax, a vehicle history report many consumers rely on to make sure the car is in good condition. But a local car dealership is now suing CarFax saying their reports aren't always accurate.
Source: CBS12 (West Palm Beach, Fla.)

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VW and Toyota Want Owners to Tout Their Brands

Two automakers are hoping owners and fans will beat the drums for their brands. Volkswagen of America and Toyota Motor Sales USA are tapping into social media to encourage owners to share positive experiences about their brands. While owner testimonial ads are nothing new, the two carmakers are pushing the online social media blitz via national television commercials.
Source: Forbes

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Quotable
"To be successful, you have to have a strong midsize car or you can pack up your tent and go home."
 
   
-- Michael Robinet, managing director of IHS Automotive Consulting, commenting on the importance of automakers offering a vehicle in the midsize segment, Detroit Free Press, Sept. 18

 


 

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