View Mobile Version | View Web Version

SPONSORED BY
 
NADA.org
February 19, 2013 FacebookTwitterFlickrRSSSEND TO A FRIENDPRINT
nada.orgAdvocacyAffiliates | Convention | Jobs | Programs | Publications | Services | Training
Inside this issue
NADA's Agenda: Cut Red Tape, Watch Washington
A Look at the Dealership of 2025
The Giddy Sales Forecast: Full Speed Ahead!
Ford Leads Drop as European Auto Sales Decline to Record
Michigan Considers Self-Driving Car Tests
Click here for more auto industry news at NADAFrontPage.com. .
Top Stories
NADA's Agenda: Cut Red Tape, Watch Washington

New chief Westcott will monitor impact of legislation

The new chairman of the National Automobile Dealers Association will keep a close eye on how new health care and lending laws are implemented and also wants NADA to find ways to cut red tape affecting dealerships, he said during his inaugural speech. David Westcott, 66, who sells Buick, GMC and Suzuki vehicles at a single store in Burlington, N.C., said NADA will advocate for dealers on major legislative proposals, such as the tax-code talks expected on Capitol Hill this year. The group also will keep an eye on the impact of lending laws passed in 2010, even though the association persuaded Congress to exempt most new-car dealerships from the reach of the new Consumer Financial Protection Bureau, Westcott said at the closing session of last week's annual convention.
Source: Automotive News

Related Story:

[back to top]

A Look at the Dealership of 2025

What will the ideal new-car dealership of 2025 look like and how will it operate? Much different from the dealership of today, according to the National Automobile Dealers Association's phase two facility study. The report says the ideal store of the future will sell more vehicles from the same-sized showroom -- a generic box that can be adapted at minimal expense to changing manufacturer standards, maintain a satellite service center and downtown demonstrator outlet to give customers more choice in how to shop for and repair their vehicles, move support functions off-site to lower-cost property. Study author Glenn Mercer and NADA leaders say the change is necessary. Dealerships built today cost more than they're worth and can't be easily modified when automakers dictate new designs. Dealers and manufacturers must be more creative and flexible with their approach to facility projects, particularly as the cost of acquiring land and construction soars.
Source: Automotive News

Related Story:

[back to top]

The Giddy Sales Forecast: Full Speed Ahead!

Predictions add up to a 15.8 million year

All that giddy optimism in the air at the National Automobile Dealers Association convention was remarkable and appeared genuine. That's because, one by one, automakers have followed up their bold talk with big sales projections for 2013. Tote up companies' predictions of their own anticipated volume, and you get almost 15.8 million units this year, 300,000 more than even the most buoyant industrywide forecast. There are plenty of reasons to feel good about 2013. NADA chief economist Paul Taylor, who forecasts a 15.4 million year, says sales will be supported by pent-up demand, credit availability, a shortage of used-vehicles, improving home values, declining unemployment and the skirting of the fiscal cliff. Also, a glut of new products in high-volume segments is arriving. And the used-vehicle fleet is the oldest in history. The average car on the road is 11 years old.
Source: Automotive News

Related Story:

[back to top]

Ford Leads Drop as European Auto Sales Decline to Record

European Union car sales fell to the lowest level for a January, with Ford Motor Co. and PSA Peugeot Citroen posting the biggest drops, as economic contractions in the southern part of the region widened to Germany and France. Registrations dropped 8.7 percent to 885,159 vehicles last month from 969,219 cars a year earlier, the Brussels-based European Automobile Manufacturers' Association, or ACEA, said in a statement. The figure was the lowest start to the year since the group began tracking sales in 1990, it said. Carmakers are struggling to end losses in Europe that Fiat SpA Chief Executive Officer Sergio Marchionne has estimated at an industrywide 5 billion euros ($6.68 billion) in 2012. Ford, whose Europewide sales fell 26 percent in January, and Peugeot are among manufacturers in the region planning a combined 30,000 job cuts and five plant shutdowns.
Source: Bloomberg

[back to top]

Michigan Considers Self-Driving Car Tests

Snyder wants state to be leader for emerging automated technology

Sometime soon, that person in the car next to you may not actually be doing the driving. That's because bipartisan legislation on a fast track through the Michigan Statehouse would allow testing of self-driving cars on public roads. In his State of the State address last month, Gov. Rick Snyder called for Michigan to join California, Florida and Nevada in allowing self-driving vehicle research on the state's streets and highways. The Senate Transportation Committee had a hearing last week on a bill that would allow just that. It plans another hearing next week, with a vote planned before the end of February.
Source: The Detroit News

[back to top]

More Articles
 
Quotable
"Last year was a breakout year for us. As we roll into this year, that same momentum is going to continue."

   
-- Jim Lentz, CEO of Toyota Motor Sales, commenting on 2013 sales predictions, Automotive News, Feb. 18


  

Videos

Video: NADA 2012 Year in Review (NADA-TV)

 
 Video: NADA President Peter Welch Discusses Priorities and Concerns Facing Dealers (NADA-TV)

 More Videos

Sponsored by AdvertisementAdvertisement

Foundation News
ADESA Auction Raises $26,000 for Canine Companions Wounded Veterans Initiative
Register Today for Auto Forum in NYC March 26
 
Search Back Issues | Unsubscribe | Subscribe | Manage your subscription | email us
NADA For more information on NADA, visit www.nada.org or contact NADA, 8400 Westpark Drive, McLean, VA 22102. This email may contain an advertisement of NADA products and services. Any opinions or statements contained herein do not necessarily reflect the views of NADA. Factual errors are the responsibility of the listed publication. If you are a franchised new-car or -truck dealer and would like to become a member of NADA, please visit the Join NADA section of www.nada.org. Questions or comments concerning NADA Headlines content may be directed to publicaffairs@nada.org .