View Mobile Version | View Web Version

NADA.org
April 30, 2013 FacebookTwitterFlickrRSSSEND TO A FRIENDPRINT
nada.orgAdvocacyAffiliates | Convention | Jobs | Programs | Publications | Services | Training
Inside this issue
Dealers Try to Strengthen Franchise Laws
Detroit Three Zombie Slayers All Gained U.S. Market Share
Chrysler 1Q Profit Falls 65 pct. as Shipments Drop
Anthony Foxx: Can He Fix Bridges, Roads and Runways?
GM Execs Face Detroit Students in Paper Sailboat Competition
Click here for more auto industry news at NADAFrontPage.com. .
Top Stories
Dealers Try to Strengthen Franchise Laws

Colorado bill draws fire from manufacturers

Dealers and automakers are slugging it out in some state legislatures over state franchise laws. Several state dealer associations are trying to beef up existing laws. Dealers and association leaders say enforcement of franchise protections has long been a problem, and it's a growing source of frustration. Some say automakers incorrectly interpret the laws to their advantage, and they feel betrayed after aiding struggling manufacturers during the recession. Dealer advocates say the problems -- which include disputes over warranty audits and whether new stores encroach on existing dealership territory -- routinely cost dealerships thousands of dollars and competitive advantages. The battle is quickly coming to a head in Colorado after the introduction of a bill this month. The Alliance of Automobile Manufacturers vigorously opposes the legislation. The Colorado bill would ensure that all franchise protections previously passed would apply to all dealership sales and service agreements, regardless of when agreements were last updated, said Tim Jackson, president of the Colorado Automobile Dealers Association.
Source: Automotive News

[back to top]

Detroit Three Zombie Slayers All Gained U.S. Market Share

For the first time in two decades, General Motors Co., Ford Motor Co. and Chrysler Group LLC pulled off a sweep in the first three months of a year, with all three gaining U.S. market share in 2013’s first quarter. The momentum likely built in April versus Toyota Motor Corp. and Honda Motor Co., according to a survey of analysts by Bloomberg News. The average estimates of analysts are that the U.S. carmakers will post bigger sales gains than Toyota and Honda for this month.
Source: Bloomberg

[back to top]

Chrysler 1Q Profit Falls 65 pct. as Shipments Drop

Three Chrysler factories were slow to switch from old models to new ones, and that helped dramatically reduce the company's first-quarter profit. The Auburn Hills, Mich., automaker said Tuesday that its net profit fell 65 percent from January through March, mainly because production didn't keep pace with sales.
Source: The Associated Press

Related Story:

[back to top]

Anthony Foxx: Can He Fix Bridges, Roads and Runways?

President Barack Obama [Monday] urged Congress to waste no time confirming Charlotte, N.C., Mayor Anthony Foxx, his nominee to succeed Ray LaHood as transportation secretary. Foxx, the president said, will push ahead with plans to repair and revitalize the nation's roads, bridges and other infrastructure as part of a strategy to strengthen the economy in part by adding jobs, and by improving commerce through stronger, more efficient transportation networks. Obama said Foxx's experience turning around Charlotte and improving its transportation outlook help make him a good candidate for the job.
Source: The Wall Street Journal

Related Story:

[back to top]

GM Execs Face Detroit Students in Paper Sailboat Competition

Crouched on the floor of a Detroit classroom, 9-year-old Laylah Baker waves her hands in the air, cheering on her carefully crafted paper sailboat as it glides across a sea made of square tiles. A blue scrunchie keeps her hair in place while she sits shoulder to shoulder with one of the most powerful engineers in the auto industry, Mary Barra, General Motors' senior vice president for global product development. They each grasp a plastic fan and aim it toward the sailboats. The competition: Whose vessel sails the farthest and straightest? Barra's sailboat prevails. But this was Round 2 of the competition, part of the Society of Automotive Engineers International's “A World In Motion” program, which promotes science, technology, engineering and math to kids. But the point of the competition wasn't about the competition itself. It was to show students that engineering can be fun.
Source: Detroit Free Press

[back to top]

More Articles
 
Quotable
"This goes on all over the country where these big companies absolutely disrespect state law and then they dare their dealers to bring a lawsuit."

   
-- Jim Fleming, president of the Connecticut Automotive Retailers Association, referring to attempts by some automakers to circumvent state franchise laws, Automotive News, April 29
Videos

 Video: NADA Executive Analyst Jonathan Banks Predicts Strong Auto Sales in 2013 (NADAFrontPage.com)


 Automotive Forum 2013: Industry Leaders Convene in NYC (NADA-TV)

 More Videos

Chairman's Column
CFPB Issue, Support for Franchised Dealer Network among Topics Discussed at Auto Forum
NADA University
MarketINSIGHT Webinars

(All webinars begin at 1 p.m. ET. Click webinar title to register.)

- May 1: Prospect Your Way to Greatness

- May 8: Facilities Study Results You Need to Know

- May 15: Twenty-two Minutes to Driving Traffic!

- May 22: Multiply & Conquer With Multichannel Marketing

- May 29: Create a Task-Based Accounting Office
NADA Foundation News
Virginia Auto Dealer Honors Family and Employees through NADA Foundation
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 .