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Inside this issue
Bill to Reduce Paperwork at Auto Dealerships Advances in House
I Don't Have To Show You Any Stinking Badges
Ford Board to Press Mulally on Future Plans, Report Says
Commentary: Countdown to the 2014 NADA Convention & Expo
Michigan Could Add 100,000 Jobs as Auto Technologies Hub, Study Says
GM Exodus Would Put Australian Auto Industry Near Extinction
Ford Offers Hot Wheels Toys for Big Boys
Click here for more auto industry news at NADAFrontPage.com. .
Top Stories
Bill to Reduce Paperwork at Auto Dealerships Advances in House

The House Energy and Commerce Committee on Wednesday approved by voice vote a bipartisan bill, H.R. 724, which would eliminate some red tape required by the Environmental Protection Agency when buying a new car or truck. The bill would repeal a 1977 mandate, which requires dealers to certify that a vehicle complies with the Clean Air Act. (This form is required to be presented by the dealer to the purchaser of a new vehicle even though all vehicles must comply with the Clean Air Act before being sold in the United States. Additionally, a Clean Air Act certification sticker can be found under the hood of most vehicles, or in the owner's manual, making an additional certification by the dealer redundant.) The legislation now goes to the floor of the House for consideration.
Source: NADAFrontPage.com
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I Don't Have To Show You Any Stinking Badges

In the December edition of Driving Your Success, a monthly newsletter produced by McLean, Va.-based Charapp & Weiss, LLP, dealer attorney Michael G. Charapp in his article, “I Don’t Have To Show You Any Stinking Badges,” provides a detailed account of the Consumer Financial Protection Bureau’s “war on the dealer finance reserve system.” Click here for the full article.
Source: Charapp & Weiss, LLP

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Ford Board to Press Mulally on Future Plans, Report Says

Ford Motor Co.'s board of directors plans to press CEO Alan Mulally as soon as today for a decision on his future, as speculation intensifies that he may be offered the CEO post at Microsoft Corp. Mulally, 68, is one of a handful of candidates still in contention for the Microsoft role, according to several sources close to the technology giant, and he has not directly denied having interest in the job. That has begun to vex some on Ford's board, two sources told Reuters this week, and the issue will be discussed when the board meets in the Detroit area. Mulally is a board member. The sources said that directors intended to raise the issue with him this week or next. "It's drowning out the rest of the story," said one source close to Ford's board. "People don't write about Mustang, they don't write about earnings, they write about Mulally." That has led to frustration and a desire for clarity, the source said.
Source: Reuters
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Commentary: Countdown to the 2014 NADA Convention & Expo
By David Westcott / NADA Chairman

The auto industry is accelerating, and dealers and their managers can stay ahead of the competition by attending the 2014 NADA Convention & Expo in New Orleans from January 24-27. There are 174 workshop sessions presented by 100 industry experts, and nearly half of the presenters are new to the convention program. There are also 25 franchise meetings scheduled for dealers to meet with their respective manufacturer executives. This is a prime opportunity to discuss marketing plans, sales outlooks and product launches. And as always, there will be plenty of networking events and opportunities to meet with execs and shop for products and services from nearly 600 exhibitors on the expo floor, including six automakers: Ford, General Motors, Chrysler, Toyota, Mitsubishi and Kia. This is the 10th NADA convention in New Orleans since 1973. The city is tough and resilient, just like our industry, and it matches the energy and festivity of our convention. For more information or to register, visit www.nadaconvention.org. We look forward to seeing you in the Big Easy.
Source: NADAFrontPage.com
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Michigan Could Add 100,000 Jobs as Auto Technologies Hub, Study Says

Michigan is poised to gain up to 100,000 new jobs from advanced mobility technologies in the auto industry — but only if the state acts now to meet competitive threats from other U.S. regions and emerging nations, plus established automotive powers Germany and Japan. That's the thrust of a new report issued today by Business Leaders for Michigan and to be discussed Thursday in Ann Arbor at a meeting of auto industry, academic and Michigan economic development officials. BLM developed the strategy in partnership with McKinsey and the Center for Automotive Research. “There's a lot of growth potential in the way the industry is evolving,” said BLM President Doug Rothwell, referring to the explosion in the amount of software and lightweight materials needed for the connected, more fuel-efficient cars and trucks of the next 20 years. The value of embedded software in vehicles could top $12 billion globally by 2025, up from around $2 billion today, according to the new study.
Source: Detroit Free Press
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GM Exodus Would Put Australian Auto Industry Near Extinction

Toyota cites 'unprecedented pressure' to produce cars

Australia's century-old automotive industry is stepping closer to extinction after General Motors Co. joined Ford Motor Co. in deciding to stop making cars in the country. Seven months after Ford announced it would pull out, GM said Tuesday its Holden unit will cease production in 2017. That prompted Toyota Motor Corp. to say the move will place “unprecedented pressure” on parts makers and questioned the merits of remaining in the country. An appreciating local currency and falling import tariffs have driven down sales of Australian-made cars by almost half since 2007.
Source: Bloomberg
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Ford Offers Hot Wheels Toys for Big Boys

So, when you were a kid, did you get up Christmas morning hoping to find a bunch of new Hot Wheels toy cars under the tree? Or better yet, a complete Hot Wheels race track set? Well, then imagine what it might be like to wake up and find the 2014 Hot Wheels Transit Connect Van and Rip Rod in your driveway. Sorry, that's not likely to happen, but a toy-sized version of the tandem will be available from Hot Wheels-maker Mattel, Inc. in time for Christmas shopping next fall. In the meantime, the grown-up toy tandem likely will be stopping at various auto show venues after its recent debut at the Specialty Equipment Market Association (SEMA) Show in Las Vegas, where it was part of “Vandemonium,” a display that showcased the 2014 Ford Transit Connect Van's potential for customization.
Source: The Detroit News
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Quotable
"America's franchised auto dealers commend the leadership of Reps. Bob Latta (R-Ohio) and Gary Peters (D-Mich.) for their bipartisan efforts to repeal this unnecessary government form."

   --- NADA Chairman David Westcott, commenting on bill H.R. 724, which will eliminate red tape during the car buying process, NADAFrontPage.com, Dec. 11

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