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Inside this issue
Ford CEO Says He Has No Plans to Retire From Company
GM, Chrysler Pacts Likely to Fit Ford Mold
Lightweight Materials to Influence M.P.G., Auto Industry Leaders Say
All-Wheel Drive Goes From Novelty to Necessity
Chrysler Dealers Eager to Sell 2013 SRT Viper
China Rises to Challenge of Building a Good-Enough Car
Florida Dealership Celebrates Arrival of 2013 Accord With Local High School Contest
Click here for more auto industry news at NADAFrontPage.com. .
Top Stories
Ford CEO Says He Has No Plans to Retire From Company

Ford Motor Co. Chief Executive Officer Alan Mulally said [Tuesday] he has no plans to retire from the second-biggest U.S. automaker. Mulally has won acclaim for saving the automaker without a federal bailout or bankruptcy. The CEO has declined to say when he will retire or who will replace him.
Source: Bloomberg

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GM, Chrysler Pacts Likely to Fit Ford Mold

The Canadian Auto Workers' decision to extend contract talks with General Motors Co. and Chrysler Group LLC may have reduced the likelihood of a strike, but analysts say the two automakers are unlikely to win more favorable terms from the union than those it already negotiated with Ford Motor Co. While the CAW has historically been more prone to strike when talks snag, labor consultant Art Schwartz says the union recognizes that GM and Chrysler need time to study the terms of Monday's tentative agreement with Ford.
Source: The Detroit News

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Lightweight Materials to Influence M.P.G., Auto Industry Leaders Say

Hybrids and electric vehicles get media attention, but boring factors such as lighter materials will play a bigger role in helping automakers achieve new federal fuel economy standards, industry leaders said Tuesday at a conference in Dearborn. Each company must attain an average new vehicle fuel economy of 54.5 m.p.g. by 2025, with some exceptions. But the experts said electric vehicles won't play a big role in helping the industry meet the CAFE standards.
Source: Detroit Free Press

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All-Wheel Drive Goes From Novelty to Necessity

The safety advantages may be debatable, but promises of improved performance tempt luxury-car buyers

All four wheels are powering the next step in the evolution of the luxury-car business: the rise of all-wheel drive. The epitome of a high-performance, luxury sedan for many consumers has long been a car with a big six- or eight-cylinder engine driving the rear wheels. Now, cars that send power to all four wheels are gaining traction, accounting for half or more of luxury-car sales in the colder parts of the U.S. and as much as 15% of sales even in snow-free states, up from single-digit shares in the past. Many industry executives say all-wheel drive is now a must-have technology for the U.S. market.
Source: The Wall Street Journal

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Chrysler Dealers Eager to Sell 2013 SRT Viper

As Chrysler prepares to launch the new Viper, only about 100 to 150 of more than 2,300 U.S. dealers will be approved to sell it, said Ralph Gilles, CEO of the SRT brand. Dealers are receiving letters this week that outline how they can qualify to sell the car that will have an 8.4-liter V10 engine with 640 horsepower. While the car will sell in low volumes, most dealers are eager to get their hands on it.
Source: Detroit Free Press

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China Rises to Challenge of Building a Good-Enough Car

China keeps getting better at making cars. One reason: It is getting better at cutting corners. ... paring back on crash tests — along with skimping on frills, simplifying designs, using less expensive materials and, in a departure for the industry, outsourcing most design and engineering work — is having a profound effect on the cost bases of China's dozens of carmakers.
Source: The New York Times

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Florida Dealership Celebrates Arrival of 2013 Accord With Local High School Contest

Celebrating the release of the Honda 2013 Accord, one Florida dealership is holding a contest for two local high schools. AutoWay Honda revealed it will be hosting the “AutoWay Honda 2013 Accord Challenge” this coming Saturday.
Source: Auto Remarketing

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Quotable
"Please don’t write me off yet. I mean, I love it here." 

   
-- Alan Mulally, CEO of Ford, commenting on recent rumors of his plans to retire, Bloomberg, Sept. 18


 


 

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