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Inside this issue
Kia is On a Roll in the U.S.: 18 Consecutive Years of Market Share Gains
GM Said to Target Up to 20% Growth for Volt Cars in 2013
C-Max Delivers On Ford Game Plan: Take A Bite Out Of Prius
Dealers Must Display New FMLA Poster by March 8
U.S. Rep. Gary Peters to Co-Chair House Automotive Caucus
Chrysler to Announce Investment in Kokomo Plants
Can You Still Buy A Decent New Car for $15,000?
Dealers Wire the Repair Shop
Dick Hannah Dealerships Give Away Jeep, Help Raise Funds for Children's Cancer Association
Click here for more auto industry news at NADAFrontPage.com. .
Top Stories
Kia is On a Roll in the U.S.: 18 Consecutive Years of Market Share Gains

It scarcely seems possible, but Kia said recently that at the end of 2012 Kia had 18 consecutive years of market share growth in the United States. “Ah, that's my favorite slide,” said Tom Loveless, executive vice president of sales, during a recent press presentation, when he got to the market share streak. That streak goes back to Kia's U.S. debut, in 1994.
Source: Forbes

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GM Said to Target Up to 20% Growth for Volt Cars in 2013

General Motors Co. is planning to build as many as 36,000 Chevrolet Volts and other plug-in hybrids for worldwide delivery this year, 20 percent more than in 2012, two people familiar with the effort said. GM is planning to build 1,500 to 3,000 of the fuel- efficient vehicles a month, said the people, who didn't want to be identified because the target isn't public. Chief Executive Officer Dan Akerson has struggled to compete against more successful alternative-power vehicles such as Toyota Motor Corp.'s Prius. The CEO originally touted the Volt's gasoline-and-electric system as the technology of the future and forecast global Volt sales of 60,000 in 2012, before settling for half that amount.
Source: Bloomberg

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C-Max Delivers On Ford Game Plan: Take A Bite Out Of Prius

Ford's new C-Max hybrids are achieving the corporate aim of eating into the dominance of Toyota Prius in the segment, so Ford is doubling down with an extension of the popular TV-advertising campaign that launched the vehicle. Ford's share of the U.S. hybrid market grew by nearly 9 percentage points between December 2011 and December 2012, mostly from the October launch of C-Max, the company said, while Toyota's share of hybrids dropped by 8 percentage points even though last year was the first complete year on the market for the company's expanded line of Prius models. Additionally, initial sales data show that C-Max is stealing hybrid sales away from other brands at an impressive clip: Its conquest rate is about 64 percent, with Prius and the Honda CR-V ranking as the top nameplates abandoned by customers in favor of C-Max.
Source: Forbes

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Dealers Must Display New FMLA Poster by March 8

By March 8, 2013, all dealers covered under the Family Medical Leave Act (FMLA) — those with 50 or more employees — must display a new version of the FMLA poster, which can be downloaded here. The newest version of this poster incorporates changes addressing military family and caregiver leave. Click here for more information on the final rule. NADA's A Dealer Guide to the Family and Medical Leave Act (L.33) will be updated later this year to reflect these new changes. If you have questions, email Regulatory Affairs at regulatoryaffairs@nada.org.
Source: NADA Regulatory Affairs

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U.S. Rep. Gary Peters to Co-Chair House Automotive Caucus

A Michigan member of Congress, Rep. Gary Peters, will co-chair the 46-member House Automotive Caucus. "I'm proud to co-chair the bipartisan House Auto Caucus because if we're going to continue growing the greater Detroit region, we must continue working together to strengthen our auto manufacturing sector," Peters said. Caucus co-chair John Campbell, R-Calif., said the auto industry is a big part of the U.S. economy. Started in 1983, the bipartisan group works to advance policies that will help the U.S. auto industry grow and create jobs.
Source: The Detroit News

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Chrysler to Announce Investment in Kokomo Plants

Chrysler will announce 1,250 new jobs and a major investment Thursday at transmission and metal casting factories in the Kokomo, Indiana, area. CEO Sergio Marchionne will confirm that the plans include an investment of $162 million and the creation 850 jobs at a former Getrag Transmission plant in nearby Tipton. Another 400 jobs will be created at three other factories. The company is investing millions in the Kokomo area to build fuel-efficient eight- and nine-speed automatic transmissions.
Source: Associated Press

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Can You Still Buy A Decent New Car for $15,000?

While $30,000 may seem to be the base price for a decent car these days, there are still new vehicles available for half that amount. Reader's Digest magazine released a list of its top cars for less than $15,000. As fuel economy becomes more important for many drivers, the idea of driving small cars has become more appealing to many drivers. The magazine divided its picks into categories including designs that attract bargain hunters, high-tech drivers and sports-car fans. Click here to view a list of the winners.
Source: The Wall Street Journal

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Dealers Wire the Repair Shop

As car dealers try to overhaul their sales practices to get in step with web-savvy customers, they're also looking at new ways to use technology to speed customers through the repair shop, too. AutoNation, Inc., the nation's biggest auto retailer, is experimenting with equipping service personnel with tablet devices and software that will allow them to meet a customer at the car and offer a menu of repairs based on data about the car's history. The company is testing the new system at stores near its Ft. Lauderdale, Fla. headquarters. AutoNation's goal is to have representatives meet customers in the service lane, instead of having them leave the car and stand at a desk, says Alan McLaren, senior vice president for customer care.
Source: The Wall Street Journal

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Dick Hannah Dealerships Give Away Jeep, Help Raise Funds for Children's Cancer Association

Dick Hannah Dealerships gave away a brand-new car this month, as part of an annual project to give back to the community. For the eighth year running, Dick Hannah Dealerships participated in the Valentine's Day for CCA event held to raise money for children diagnosed with cancer and to benefit the Children's Cancer Association. As part of that event, the company awarded a car to the winner of the Keys to Our Heart raffle. Disabled veteran Christopher Stauty of Oregon won the raffle, and was offered his pick of eight brand new vehicles. Stauty chose the 2013 Jeep Patriot, and his family picked up their new car at Dick Hannah Chrysler-Jeep-Dodge on Feb. 20. Working in partnership with local media outlets to conduct the event, Dick Hannah Dealerships' employees also volunteered to staff the CCA phone bank on Valentine's Day to help with incoming phone donations.
Source: Auto Remarketing

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Quotable
"A strong, growing and competitive auto industry will spur major job creation and lead this nation out of recession."

    -- John Campbell, co-chair of the 46-member House Automotive Caucus, commenting on the impact of the auto industry on the economy, The Detroit News, Feb. 28


  

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