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Inside this issue
Senate Committee Passes Bill to Cut Outdated Paperwork Mandate at Auto Dealerships
NADA Issues Sample Contract Addendum for Dealer Technology Providers
NADA Chairman Rates Hillary's Speech
U.S. Senator from Montana Visits Honda Dealership
Ford Says Its Car Exports From U.S. Up 50% Since 2009
Why Would Anyone Want Fisker? In a Word: Patents
Fortune Names GM CEO Mary Barra as Most Powerful Woman in Business
Click here for more auto industry news at NADAFrontPage.com. .
Top Stories
Senate Committee Passes Bill to Cut Outdated Paperwork Mandate at Auto Dealerships

A U.S. Senate committee on Thursday approved by voice vote H.R. 724, a bipartisan, NADA-supported bill that eliminates some red tape required by the Environmental Protection Agency when a new car or truck is sold.

The legislation, which passed the Senate Environment and Public Works Committee, now goes to the floor of the Senate for consideration. H.R. 724, which has no known opposition, was passed by the House of Representatives early last month by a wide margin of 405 to 0.

The bill would repeal a 1977 mandate, which requires dealers to certify that a vehicle complies with the Clean Air Act. A dealer is required to present this form 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.
Source: NADA Legislative Affairs

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NADA Issues Sample Contract Addendum for Dealer Technology Providers

During its annual convention last week, the National Automobile Dealers Association issued additional guidance for dealers to help them protect and secure their data. It follows guidance NADA released this past August and includes a sample contract addendum that dealers can issue to their technology vendors, particularly those that require access to the dealership’s data. “The issue today is dealers have all this sensitive data, but to do business, they really have to share it or allow folks to have access to it in some way or form,” said Bradley Miller, associate director of NADA legal and regulatory affairs. “By necessity, it’s going a lot of places. The problem is the very complicated set of rules with respect to how you can share this information and it’s not easy to do.” NADA is encouraging dealers to review the new materials with legal counsel, and, “if applicable, to present the addendum to service provider vendors for signature.”
Source: F&I and Showroom/NADA

Editor's note: NADA's Sample Service Provider Data Access Addendum is available for download as a Word document at www.nada.org/dealerdata.

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NADA Chairman Rates Hillary's Speech

The way some people had been carping in the past months, I almost expected to see audience members throwing rotten tomatoes at Hillary Clinton during her keynote speech at the National Automobile Dealers Assn. convention. Critics had turned red when the trade group announced the former First Lady, U.S. Senator and Secretary of State would address its annual convention in New Orleans. Clinton critics predicted NADA conventioneers, who lean Republican, would: a) boycott the Democrat's speech, b) attend but walk out, or c) show up and sit on their hands. Instead, she got a standing ovation before and after her address. There are a couple of reasons for that. First, the warm reception had to do with the nature of most dealers. They're typically polite people. This time was no different. I didn't see a tomato, ripe or rotten, in the house. Second, Clinton gave a good speech. She hit high notes. She connected with her audience, noting husband Bill had a dealer uncle and Bill's best boyhood friend, Mac McLarty who served as his White House Chief of Staff, now runs a 25-store dealership group based in Little Rock, AK.

New NADA Chairman Forrest McConnell III gave Clinton straight As for her convention appearance. “She was phenomenal,” he tells me. “She was engaging, and the audience felt that. She tailored the speech to a dealer audience.” McConnell did a top-rate job himself in delivering his convention inauguration. He admires certain motivational speakers and tried to emulate them in his speech. “I'm not scared of crowds, so it was fun,” he says. “Since I was 14, I always loved speeches.”
Source: WardsAuto
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U.S. Senator from Montana Visits Honda Dealership



Former NADA Chairman Bill Underriner (left) meets with U.S. Sen. Max Baucus (right) during a recent visit to Underriner's Honda dealership in Billings, Mont.

Former NADA Chairman Bill Underriner hosted U.S. Sen. Max Baucus (D-Mont.) at his Honda dealership in Billings, Mont., last week. The purpose of the visit was to thank Sen. Baucus for his longstanding work on behalf of Montana residents. Several local elected officials were also in attendance for the visit. Underriner and his wife, Mary, have been longtime friends of Sen. Baucus and have frequently visited and consulted with him on issues important to franchised auto dealers. Sen. Baucus has been serving in the U.S. Senate since 1978 and was recently nominated by President Obama to become the U.S. Ambassador to China. On Thursday, his nomination was formally approved by the U.S. Senate by a vote of 96-0.

If you are interested in hosting your member of Congress at your dealership, contact NADA Director of Grassroots Advocacy, Patrick Calpin, at (202) 547-5500 or pcalpin@nada.org.
Source: NADA Legislative Affairs
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Ford Says Its Car Exports From U.S. Up 50% Since 2009

Ford Motor Co. said strong trade partnerships are needed to maintain the company's U.S. exports that have grown 50 percent since 2009, when auto-industry sales reached a 27-year low. Ford, the second-biggest U.S. automaker, is the nation’s largest exporter of vehicles, Joe Hinrichs, Ford's president of the Americas, said in prepared comments for a speech he planned to make at the Chicago Auto Show. While Ford shipped more than 370,000 vehicles out of the U.S. last year, and more than 30,000 Edge and Explorer sport-utility vehicles produced in North America were sold to customers in China, automakers will have to adapt as the gaps in labor, material and energy costs narrow between the world's two biggest vehicle markets, he said. “One of the big questions that manufacturers are trying to answer right now is whether growth can be sustained both in the U.S. and in China as these two key markets begin to look more alike,” Hinrichs said. “What do we need to change if the U.S. and China are going to avoid repeating the sins of previous growth cycles -- when overcapacity and the loss of cost competitiveness doomed the automotive industry to long down cycles?” Trade agreements, such as the Trans-Pacific Partnership, or TPP, that prevent currency manipulation, which he called “the major barrier of the 21st century,” are a crucial step.
Source: Bloomberg
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Why Would Anyone Want Fisker? In a Word: Patents

Two Chinese-backed companies are locked in a bidding war, culminating next week, to take over bankrupt U.S. carmaker Fisker Automotive Holdings Inc. The prize is a dozen-and-a-half patents and a possible toehold in U.S. and Chinese markets. The rest is a harder sell. Fisker hasn't made a vehicle since 2012. Its $103,000 plug-in hybrid sports sedan, the Karma, was called a “basket case” by Consumer Reports. The company, which lost $139 million in U.S. taxpayer money, was labeled a “loser” by Republican Mitt Romney during 2012 U.S. presidential debates. Its most visible asset is a derelict former General Motors factory that Fisker never used. China's Wanxiang Group emerged in December as a suitor for Fisker, challenging Hybrid Tech Holdings LLC, a Chinese-backed firm that had been jockeying to take over the bankrupt automaker. The rivals' interest prompted a bankruptcy judge to set a Feb. 12 auction for Fisker's assets. “It's not about the manufacturing,” said Steven Szakaly, the National Automobile Dealers Association's chief economist. “It's about the intellectual property.”
Source: Bloomberg
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Fortune Names GM CEO Mary Barra as Most Powerful Woman in Business

General Motors CEO Mary Barra is the most powerful woman in business in the world, according to Fortune magazine. The honor comes three weeks after the company's former product development chief became the first female CEO of a major automaker. “The editors weighed many of the same factors historically used to measure executive power: the size and importance of the business, its health and direction, and the arc of the leader's career,” Fortune executive editor Stephanie Mehta said. “The editors placed emphasis on the international nature of the executive's operation and her standing in the worldwide business community.” On Fortune's list of the 50 most powerful women in business, IBM CEO Ginni Rommetty was No. 2, followed by PepsiCo CEO Indra Nooyi.
Source: Detroit Free Press

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