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Inside this issue
House Bill Asks Impact of Auto Fuel Standards
GM Claims 'Breakthrough' Will Make Vehicles Lighter, Help Gas Mileage
Toyota to Add 21 Models to Hybrid Lineup
Lincoln: No Holdback, More Cash (Maybe)
Canadian Auto Workers Ratify Ford, Wait For Chrysler
Volvo Cars CEO Jacoby On Sick Leave After Suffering Mild Stroke
Alfa Romeo Plots Return to America
Is It a Car? Is It a Boat? Well, Yes.
Click here for more auto industry news at NADAFrontPage.com. .
Top Stories
House Bill Asks Impact of Auto Fuel Standards

The U.S. House passed an energy bill Friday that would require the Obama administration to assess the impact of new 2017-2025 fuel efficiency standards on employment and auto safety. Rep. Mike Kelly, R-Pa., an auto dealer, introduced an amendment that would require the Transportation Department to submit a report to Congress estimating the economic impact of the new Corporate Average Fuel Economy standards and how the bill would affect highway safety. The House approved the amendment on a 242-168 vote, but the Senate isn't likely to take up the House measure until after the November presidential election. Kelly's amendment would require DOT to assess "the total number of jobs that will be lost due to decreased demand" and "the number of additional fatalities and injuries that will be caused by the rule."
Source: The Detroit News

Editor's note: NADA is concerned about the effect on consumers due to a $3,000 price increase on cars and trucks when the fuel economy mandates are fully implemented. NADA supports Rep. Kelly's amendment, and thanks those members of Congress who voted for it. To see how members of Congress voted, click here.

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GM Claims 'Breakthrough' Will Make Vehicles Lighter, Help Gas Mileage

General Motors plans to accelerate the replacement of steel with aluminum after researchers achieved what the company described as a "breakthrough" in welding technology. GM hopes the technological advancement will boost fuel economy by making its vehicles lighter. Aluminum is lighter than steel, making it an enticing alternative when it is not too expensive. But several hurdles remain for aluminum, including production challenges.
Source: Detroit Free Press

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Toyota to Add 21 Models to Hybrid Lineup

Toyota Motor Corp. put its weight behind its hybrid strategy Monday, announcing a plan to roll out a number of new models powered by electric-gas engines over the next few years and predicting robust sales. "We plan to launch 21 new or full-model-change hybrids" by the end of 2015, Takeshi Uchiyamada, Toyota's vice chairman and R&D head, said at a press conference.
Source: The Wall Street Journal

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Lincoln: No Holdback, More Cash (Maybe)

Lincoln is radically revising the way it pays dealers as it seeks to reassert itself in the premium segment. No longer will Lincoln dealers get an automatic payment, known as a holdback, of 2 percent of a vehicle's sticker price, paid to dealers quarterly. Instead, dealers can get more than that -- but only if they meet new standards designed to boost sales of off-lease, certified-used Lincolns and improve the online sales and vehicle-delivery processes.
Source: Automotive News

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Canadian Auto Workers Ratify Ford, Wait For Chrysler

And then there was one: Chrysler. Ford's workers in Canada have ratified a new labor agreement. General Motors also struck a deal and its workers take a vote this week. That leaves Chrysler, which is yet to present a proposal to the union. Ford workers voted 82% in favor of their new national contract. Production workers voted 81% yes; skilled workers 87% and office workers were 100% in agreement, according to results released late Sunday afternoon after a weekend of voting.
Source: USA Today

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Volvo Cars CEO Jacoby On Sick Leave After Suffering Mild Stroke

Volvo Car Corp. Chief Executive Officer Stefan Jacoby said he will be out on sick leave for about a month after suffering a “mild” stroke. Jacoby, 54, is under medical supervision and has started the recovery process after suffering the stroke last week, the Swedish carmaker said in a statement on its website yesterday.
Source: Bloomberg

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Alfa Romeo Plots Return to America

Fiat's Marchionne, leaning on Chrysler, hopes for splashy U.S. debut, followed by entry into China

For the past three years, Sergio Marchionne has used the assets and resources of Italy's Fiat SpA to turnaround Chrysler Group LLC. Now, he's doing the reverse—employing Chrysler engineers, plants and dealers to help Fiat become a true global auto maker and break into the markets driving the future growth and profits in the auto industry. Mr. Marchionne, the chief executive of Fiat and Chrysler, is hoping a big splash by Alfa in the U.S. market will serve as a springboard for China and other global markets, and help spur a surge in overseas sales to offset losses stemming from Fiat's exposure to Europe.
Source: The Wall Street Journal

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Is It a Car? Is It a Boat? Well, Yes.

The quest to mass produce a successful amphibious automobile has been going on since Volkswagen first rolled its Schwimmwagen into the water more than 70 years ago during World War II. The vehicle, used by the German army, cruised on land and in water, where the wheels acted as rudders and a three-blade propeller pushed the vehicle along. Trouble was, the cars took a long time to build and had a life span of only six weeks. The amphibious car remains elusive, hindered by regulatory red tape, start-up costs and the inescapable question as to why such a car is even needed. Gibbs Technologies, based in Nuneaton, England, is the only major company now making a serious push into the amphibious car.
Source: The Wall Street Journal

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More Articles

 

 
Quotable
"You simply slip into the water, drive across the water and come out on the other side."

   
-- Neil Jenkins, Gibbs Technologies chairman, referring to the amphibious automobile as a transportation option, The Wall Street Journal, Sept. 24


 


 

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