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Inside this issue
Obama to Meet with Ford Exec, Other Business Leaders
VW's Tony Cervone to Rejoin GM as Head of Global Communications
Hinrichs Wants Better Quality, Smooth Launches
Toyota Developing Chips to Boost Hybrid Efficiency Up to 10%
Register Now for NADA University's 'Turn Service Customer into Sales' Webinar
Greater Cleveland Auto Dealers Launch Program to Hire Apprentice Auto Techs
Click here for more auto industry news at NADAFrontPage.com. .
Top Stories
Obama to Meet with Ford Exec, Other Business Leaders

President Barack Obama will meet with business leaders, including from Ford Motor Co., at the White House on Tuesday to tout firms that are making new investments and adding jobs in the United States. The White House said Obama, Commerce Secretary Penny Pritzker, senior adviser Valerie Jarrett, and National Economic Council Director Jeff Zients will host a roundtable with 10 companies that are investing billions of dollars in the United States. Most of the executives attending are CEOs or regional chiefs of the firms.
Source: The Detroit News
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VW's Tony Cervone to Rejoin GM as Head of Global Communications

General Motors, in the thick of a recall crisis that prompted a $35 million fine from the U.S. government last week, said [Monday] that it rehired public-relations executive Tony Cervone, who served as one of GM's top spokesmen as the company veered toward bankruptcy. Cervone, 51, was named senior vice president, global communications, succeeding Selim Bingol, who left GM in April. Cervone had been executive vice president for corporate communications at Volkswagen Group of America in suburban Washington, a position he had held since 2011.
Source: Automotive News

Editor's note: For more information on the GM recall, go to www.gmignitionupdate.com or www.safercar.gov.

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Hinrichs Wants Better Quality, Smooth Launches

Joe Hinrichs, Ford Motor Co.'s president of the Americas, is a young man with a big load on his shoulders. Ford is launching 16 new vehicles in North America this year, which Ford says is the busiest and most ambitious launch schedule in its history. As a guy who grew up in Ford's manufacturing system, Hinrichs has made it his job to make sure Ford improves its recently spotty launch record and restores Ford's quality numbers to what he believes is their rightful place near the top of the pack.
Source: Automotive News

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Toyota Developing Chips to Boost Hybrid Efficiency Up to 10%

Toyota Motor Corp., aiming to extend its lead in hybrid technology, has developed a new semiconductor it says can boost fuel efficiency in hybrid cars such as the Prius by up to 10 percent. The world's biggest maker of gasoline-electric cars said it has already achieved a 5 percent improvement in fuel efficiency in test vehicles and aims to commercialize the technology around 2020.
Source: Automotive News
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Register Now for NADA University's 'Turn Service Customer into Sales' Webinar

NADA University's upcoming "Turn Service Customer into Sales" webinar will discuss how to use "Proven Process Technology" with your current DMS and CRM to identify trade triggers, prepare customized presentation packets, and schedule proper follow-up. The webinar will be held by TEGA Technologies, LLC's William Hamlin at 1 p.m. ET on Wednesday, May 21. Click here to register.
Source: NADA University Online
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Greater Cleveland Auto Dealers Launch Program to Hire Apprentice Auto Techs

Dealership employees and their children can also apply for $125,000 in college scholarships this year

The Greater Cleveland Automobile Dealers Association has announced a new grant program for dealers aimed at turning apprentice service technicians into long-term employees. The grant is available to dealerships that hire apprentice techs from accredited post-secondary schools and technical colleges. GCADA, through its Auto Dealer Educational Assistance Foundation, will reimburse participating dealerships for two month's pay. “A small investment can go a long way in protecting our service industry for years to come,” says Louis A. Vitantonio, GCADA president. "By helping our member dealers hire and groom apprentices, we're also building the next generation of auto technicians who are so valuable to our industry." In addition to the grant program, GCADA will provide 50 college scholarships worth $2,500 each this year to dealership employees or their children.
Source: GCADA
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Quotable

"More and more companies are choosing to bring jobs to the United States. These investments strengthen our economy."

    -- National Economic Council Director Jeff Zients, commenting on President Barack Obama meeting with companies, including Ford, that are making new investments and adding jobs in the United States, The Detroit News, May 20

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NADA University Webinars
All webinars will be held at 1 p.m. ET unless otherwise noted. 

-- May 21: Turn Service Customers into Sales

-- May 28: RO Cycle Time for Trucks

NADA Foundation News
NADA Foundation Seeks to Increase Charitable Giving through Ambassadors Program
 
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