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Inside this issue
Marchionne Takes Volkswagen Rivalry to U.S. with Special Rebates
GM China November Sales Increase 9.7% on Buick, Chevrolet
Ford Hybrids Fall Short of Fuel Claims: Consumer Reports
2013 Fuel Economy Guide Now Available
FTC Proposes Limited Changes to Used Car Rule
FTC Revises Spanish Translation of the Buyers Guide
Chevrolet And Disney Re-Open Souped-Up Test Track at Epcot
Click here for more auto industry news at NADAFrontPage.com. .
Top Stories
Marchionne Takes Volkswagen Rivalry to U.S. with Special Rebates

Fiat SpA Chief Executive Officer Sergio Marchionne, who was re-elected Friday to head Europe's main carmaking lobby group, is taking his rivalry with Volkswagen AG in their home region overseas. Marchionne, who also runs Chrysler Group LLC, is offering $1,000 rebates to current VW owners in the U.S., where VW is much smaller, to buy a Fiat or Chrysler vehicle.
Source: Bloomberg

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GM China November Sales Increase 9.7% on Buick, Chevrolet

General Motors Co. (GM), the biggest foreign automaker in China, reported November sales in the country increased 9.7 percent on demand for its Buick and Chevrolet cars .... China sales climbed to 260,018 units in November, led by a 17 percent increase in Buick sales, the Detroit-based automaker said in a statement on its website.
Source: Bloomberg

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Ford Hybrids Fall Short of Fuel Claims: Consumer Reports

Ford Motor Co's C-Max and Fusion hybrids fell about 20 percent short of its fuel economy claims, Consumer Reports magazine said after running tests on both models. The influential magazine said the Fusion hybrid delivered 39 miles per gallon both on the highway and in city driving, while the C-Max hit a combined 37 miles per gallon. Both models were expected to achieve about 47 miles per gallon, according to estimates from Ford and the Environmental Protection Agency.
Source: Reuters

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2013 Fuel Economy Guide Now Available

By law, dealers must provide the guide upon request

The U.S. Department of Energy and the Environmental Protection Agency have just released the 2013 Fuel Economy Guide. The guide provides detailed fuel economy numbers for MY 2013 light-duty vehicles, along with estimated annual fuel costs and other information for prospective purchasers. Dealers must display a copy of the Guide and provide copies to customers upon request.

You can order hard copies of the guide here; by calling DOE's Information Center at 800.254.6735 between 9 a.m. and 7 p.m. EDT; or by using the attached form to order copies by mail. If ordered, hard copies will be mailed, free of charge, this month.

Click here for an EPA/DOE letter detailing how to make the Guide available to customers.
Source: NADA Regulatory Affairs

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FTC Proposes Limited Changes to Used Car Rule

The Federal Trade Commission (FTC) announced proposed changes to the FTC Used Car Rule “Buyers Guide” that dealers place on used cars they offer for sale. Consistent with comments filed by NADA, the FTC is proposing only limited changes to the rule, declining to include disclosures relating to vehicle history, prior use or title history, or to impose a dealer inspection requirement among the proposed changes. The FTC's proposed rule includes:
• adding a statement to the Buyers Guide informing consumers that they can seek vehicle history information at an FTC Web site,
• adding a statement in Spanish to the Buyers Guide directing Spanish-speaking consumers to ask for a copy of the Buyers Guide in Spanish, if they desire,
• adding catalytic converters and airbags to the “List of Systems” on the back of the Buyers Guide,
• placing boxes on the back of the Buyers Guide where dealers will have the option to indicate whether (1) the manufacturer's warranty still applies, (2) the manufacturer's used vehicle warranty -- such as a manufacturer's certified used car warranty -- applies or (3) some other used vehicle warranty applies.
Source: NADA Regulatory Affairs

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FTC Revises Spanish Translation of the Buyers Guide

The FTC issued a final rule that makes technical corrections and revises the Spanish translation of the Buyers Guide. The Used Car Rule currently requires dealers to use Spanish-language versions of the Buyers Guide and to make related contract disclosures in Spanish when they conduct sales in Spanish. The revised Spanish-language version will take effect on February 11, 2013, but dealers may use any remaining stocks of existing Spanish Buyers Guides. The revised Spanish form can be found here
Source: NADA Regulatory Affairs

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Chevrolet And Disney Re-Open Souped-Up Test Track at Epcot

General Motors loved co-branding Test Track, one of the most popular attractions at Disney's Epcot Center in Orlando. But the company wanted to get more bang for its marketing buck. So GM and Walt Disney have “re-imagineered” the attraction as Test Track Presented by Chevrolet, re-outfitted it with strong Chevy product and technology messaging, and re-opened it to the public.
Source: Forbes

Editor's note: The 2013 NADA Convention and Expo will be held in Orlando, Fla., Feb. 8-11. To register, click here.

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More Articles
 
Quotable
"You look at the Disney guest and the Chevrolet customer and it seemed like the ride is an absolute equalizer for them." 

   
--  Grace Morgan, director of auto shows, exhibits and experiential marketing for GM, commenting on the automaker's redesigned Epcot test track that recently re-opened to the public, Forbes, Dec. 7



 


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  Video: NADA Analyst, Jonathan Banks, on Flood Damaged Car Claims (Fox Business)

 
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