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Inside this issue
Video: New NADA President Discusses Priorities and Issues Facing Dealers
GM Forecasts Global Profits Rising 'Modestly' This Year
Europe Bets U.S. Auto Demand to Stay High
Toyota's Lentz Vows to Keep Camry's Lead Over Accord, Fusion
Ford F-150 Atlas Concept Gives Hint of Truck's Future Design
Panel Sees Autonomous Driving, in Select Situations, By 2025
Bling is the Thing at Detroit Auto Show
Click here for more auto industry news at NADAFrontPage.com. .
Top Stories
Video: New NADA President Discusses Priorities and Issues Facing Dealers

Peter Welch, the new president of the National Automobile Dealers Association (effective Feb. 1), discusses his upcoming role and the challenges facing dealers during an in-studio interview on NADA’s AutoFocus with David Hyatt. Welch, whose experience in the new-car business ranges from lawyer to legislative advocate and most recently, president and chief executive officer of the California New Car Dealers Association, said he was “thrilled” and “honored” when he received the call that he had been selected.
Source: NADA Public Affairs

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GM Forecasts Global Profits Rising 'Modestly' This Year

General Motors Co., on the verge of reporting a 12th straight quarterly profit, forecast 2013 profit rising “modestly” as it starts selling a revamped Chevrolet Silverado pickup and other new models around the world. GM, which hadn't given profit forecasts since before its 2009 U.S.-financed bankruptcy, said earnings before interest and taxes should rise this year. GM rose 0.9 percent to $30.60 in New York [Tuesday] before GM issued the forecast, the highest level in 18 months. “This is going to be a big year for us,” Chief Financial Officer Dan Ammann told analysts in a webcast briefing yesterday.
Source: Bloomberg

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Europe Bets U.S. Auto Demand to Stay High

Europe's auto makers are betting much of their fortunes this year on the promise of steady U.S. demand for new cars, raising the stakes for U.S. and Asian car makers as the European auto market remains in free fall and even China's once red-hot sales cool.
Source: The Wall Street Journal

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Toyota's Lentz Vows to Keep Camry's Lead Over Accord, Fusion

Toyota Motor Corp.'s Camry, the best-selling car in the U.S. for 11 straight years, will keep its lead in 2013 over competing midsize sedans from Honda Motor Co. and Ford Motor Co., Toyota's U.S. sales chief said. Deliveries of Camry, redesigned in late 2011, rose 31 percent last year to 404,886, the highest in four years. Sales will increase in 2013 if U.S. auto demand rises at the same pace of recent months, Jim Lentz said in an interview yesterday at the North American International Auto Show in Detroit. “It will remain No. 1, and I still think there's possibility for growth in the segment,” Lentz said. “There's plenty of room for Honda to grow into it, for Ford to grow into it, and for us to maintain our volumes as well.”
Source: Bloomberg

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Ford F-150 Atlas Concept Gives Hint of Truck's Future Design

Ford Motor Co. is striking back at crosstown rivals General Motors and Chrysler with a prototype F-150 intended to defend its crown as America's favorite truck. Called the Atlas, the concept truck unveiled Tuesday is a preview of the 2015 model year F-150 that is expected to go on sale in 2014. GM's updated Sierra and Silverado will be on the market this summer, and the Ram 1500, the North American Truck of the Year this week, already is on dealer lots.
Source: The Detroit News

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Panel Sees Autonomous Driving, in Select Situations, By 2025

Autonomous driving in some situations will be a reality by 2025 but a fleet of fully autonomous cars on American roads is unlikely, a panel of auto industry executives said at the Automotive News World Congress. Helmut Matschi, member of the executive board of supplier Continental AG, said autonomous driving systems will be able to take over for drivers when the driver wants to do something other than drive by 2025. “This is really for certain situations. It's not like there is no interaction at all,” Matschi said during the panel discussion today. Ludwig Willisch, CEO of BMW North America, said automated driving technologies will likely enter the market before 2025, but a fully-autonomous vehicle along the lines of Google's driverless car "goes too far."
Source: Automotive News

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Bling is the Thing at Detroit Auto Show

Headlights, grilles and other doodads are stepping up and popping out on cars. Car bling is proliferating, from daytime running lights that go up the hood of the new Cadillac ATS, to a wide, bold grille on the Ford Fusion, to engraving within the lamps of the new Corvette and Ford Transit. It is inexpensive but distinctive, providing automotive eye candy that can even boost gas mileage or improve safety. Bling isn't new, but advancements in technology and design are allowing automakers to do more of it and move it from luxury cars into the mainstream.
Source: Associated Press

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More Articles
 
Quotable
"Lighting ... has replaced chrome as the jewelry on the car."

   
-- David Hulick, global marketing director of solid state lighting at Osram Automotive, commenting on the new lighting trends on display at the Detroit auto show, Associated Press, Jan. 15
 

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