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Inside this issue
Ford's Mulally Not Leaving Company, Board Director Says
U.S. to Help China Crack Down on Vehicle Emissions
Toyota Moves Closer to Wireless Charging
Honda Offers Dealers Incentives to Spur Sales
NADA Unveils Online Tool to Search Dealership Workforce Study Database
Nelson Mandela was 'A Real Fanatic' for Cars
Click here for more auto industry news at NADAFrontPage.com. .
Top Stories
Ford's Mulally Not Leaving Company, Board Director Says

Ford Motor Co. Chief Executive Officer Alan Mulally will stay at the automaker through 2014, Director Edsel Ford II said today, reiterating the company's timetable. Mulally said he loves serving the automaker. Mulally, considered one of the leading candidates to take the CEO job at Microsoft Corp. when Steve Ballmer steps down, said in a Bloomberg Television interview that he preferred to talk about the sporty new Mustang, rather than the software company or his commitment to stay at Ford through next year. “There is no change to the plan,” he said. He didn't address the timing when asked about Edsel Ford's comments. Edsel Ford earlier said that Mulally “is staying through the end of 2014 and that's all I know.”
Source: Bloomberg
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U.S. to Help China Crack Down on Vehicle Emissions

The United States will help China implement stricter emission standards for vehicles in a bid to help the world's biggest carbon emitter tackle rampant air pollution, the White House said [Thursday]. The announcement was one of several made at the conclusion of Vice President Joe Biden's visit to China, where he met with President Xi Jinping and other senior Chinese officials to discuss ways to strengthen economic ties between the countries in addition to the escalating geopolitical tensions in the East China Sea. Under the new agreement, the United States pledged to give China technical assistance to implement a new round of vehicle emissions standards, known as China VI, which would require cars to have filters that capture particulate matter that contributes to heavy smog. "These standards, when implemented, will have significant air quality and climate benefits and reduce vehicle fuel use," according to a White House fact sheet.
Source: Reuters
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Toyota Moves Closer to Wireless Charging

Toyota Motor Corp. is a step closer to offering wireless charging for its electrified vehicles. The Japanese automaker has signed an agreement to license the intellectual property of WiTricity Corp., a company specializing in wireless power transfer. WiTricity, of Watertown, Mass., was founded in 2007 to commercialize a wireless charging system developed by Massachusetts Institute of Technology physicists. Instead of plugging in vehicles, drivers need only to park over small -- 19.7 inches by 19.7 inches -- magnetic resonance charging pads that can sit above ground, or be embedded in parking surfaces. Another resonator, about 8 inches by 8 inches, is attached under the vehicle. WiTricity CEO Eric Giler said the system is appealing because the resonator on the vehicle can be built “extremely small” and fitted into whatever space is available. He predicts that 2016 model vehicles will be the first to have wireless charging components installed.
Source: Automotive News

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Honda Offers Dealers Incentives to Spur Sales

U.S. dealers could get $3,000 for every vehicle they sell above their December 2012 total

Honda Motor Co., hoping to bounce back from a weak showing in November sales, is offering U.S. dealers significant cash incentives to pump up their new-car business in the final month of the year. Honda told dealers on Wednesday it would pay bonuses of $3,000 for every vehicle they sell above their December 2012 sales total, according to dealers briefed by the company. Retailers can use the extra money to drop prices on new vehicles or finance other incentives to persuade customers to buy. Auto makers often offer similar bonuses to their dealers, but Honda's new program is noteworthy because the Japanese company typically offers much less in sales incentives than its competitors.
Source: The Wall Street Journal
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NADA Unveils Online Tool to Search Dealership Workforce Study Database

NADA has unveiled an online tool that allows users to search the entire 2013 and 2012 NADA Dealership Workforce Study database. The new product, called the NADA Dealership Workforce Study Compensation and Tenure Search Tool, provides dealers, OEMs and anyone interested with answers to their questions about national, regional and state data from the database, which represents 680,000 payroll records from nearly 5,000 dealerships. For example, a dealer can find out the total turnover for all service positions in neighboring states by using the tool. “The word ‘groundbreaking’ is often overused when it comes to new products, but this one truly earns that description,” said Kenneth C. Vance, chairman of NADA's Dealership Operations Committee, and a new-car dealer in Eau Claire, Wis. “It's the only online product available that provides access to detailed dealership compensation and tenure data right at your fingertips to let you see how you size up against the competition in the compensation and retention arenas.”
Source: NADAFrontPage.com
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Nelson Mandela was 'A Real Fanatic' for Cars

As the world mourns the passing of Nelson Mandela, his human side as well as his accomplishments are being celebrated. And when it comes to his joys in life, one of them turns out to be an appreciation for cars. Especially in his early days as a lawyer, before joining the African National Congress in the struggle against the apartheid government of South Africa, Mandela had an eye for great cars. It's all made very clear the in the film Mandela: Long Walk to Freedom, which just came to theaters, directed by Justin Chadwick. "Mandela loved these cars. He was a real fanatic as a young man," says Chadwick. "If you knew Mandela as a young man you knew he had a love of fine clothes, tailoring and these great vehicles."
Source: USA Today
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More Articles
 
Quotable
"[Nelson] Mandela loved these cars. He was a real fanatic as a young man."  

   
-- Justin Chadwick, director of the recent film on Nelson Mandela, commenting on his love of cars, USA Today, Dec. 5
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