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Inside this issue
GM's New Manufacturing Strategy Helps Breathe New Life into Tennessee Town
Last Chance to Register for Today's NADA Webinar: 'Avoid Hidden Tax Triggers When Selling/Restructuring'
Michigan Approves $4 Million Tax Incentive for Toyota
Ford: Aluminum-Bodied F-150 Says 'Boldness, Toughness and Efficiency'
Kia to Unveil Plans for Assembly Plant in Mexico, Sources Say
New No. 1 Reason Women Buy from Dealership
Ford's Quick Lane Brand Buys Naming Rights to Detroit Bowl Game
Click here for more auto industry news at NADAFrontPage.com. .
Top Stories
GM's New Manufacturing Strategy Helps Breathe New Life into Tennessee Town

General Motors Co.'s Spring Hill complex is on a path that may lead to a doubled workforce and become a vision of GM's manufacturing future. The town and its namesake auto plant, 35 miles south of Nashville, were home to Saturn manufacturing for more than a decade before GM stopped assembly operations for nearly three years following its bankruptcy. It became a metaphor for GM's overreach, its fall and now its resurgence. The factory, designed to be flexible enough to build most any vehicle in GM's lineup, was promised $350 million in investment, 1,800 additional or retained jobs and two new vehicles. Wednesday, GM is expected to further sweeten the deal. At an event attended by the governor and other officials, GM is expected to announce additional investment and jobs.
Source: The Detroit News
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Last Chance to Register for Today's NADA Webinar: 'Avoid Hidden Tax Triggers When Selling/Restructuring'

NADA University Online will host the webinar "Avoid Hidden Tax Triggers When Selling/Restructuring" today, Aug. 27, at 1 p.m. ET. The free webinar will teach participants how tax timing differences can affect a dealership sale, the true costs of tax deferrals on individual owners and the company, and the net tax effect for both the buyer and seller. Click here to register.
Source: NADA University Online
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Michigan Approves $4 Million Tax Incentive for Toyota

Auto maker to relocate 250 employees to engineering and testing campus near Ann Arbor

Toyota Motor Corp.'s U.S. consolidation is moving forward as the state of Michigan approved a $4 million tax incentive for the Japanese auto maker to relocate 250 people from its Erlanger, Ky., manufacturing headquarters to the company's Ann Arbor-area technical center. Toyota is investing $32.5 million in a new office building in York Township, located a few miles south of Ann Arbor, on Toyota's 690-acre engineering and testing campus. Toyota already has 1,100 people in offices near Ann Arbor, mostly engineers and designers. The 250 new employees are connected to purchasing and will broaden the role of the campus. They aren't expected to move until 2016.
Source: The Wall Street Journal
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Ford: Aluminum-Bodied F-150 Says 'Boldness, Toughness and Efficiency'

Ford Motor Co. says its new aluminum-bodied F-150 pickup may be its most aerodynamic yet. Engineers spent two years designing every detail of the new truck's exterior to strike a balance between sleek and strong. Designers cycled through four full-size clay models before settling on a design that includes wind-cutting details from the front grille and door handles to the rear tailgate. “This truck needed to say boldness, toughness and efficiency,” said Brad Richards, exterior design manager for the F-150. “We not only wanted to make this truck the toughest F-150 we've ever done, but we also wanted to make it as efficient as it could be as well. This was a serious challenge.” Ultimately, the improved aerodynamics will result in “significantly better” fuel economy, Richards said, although Ford has not yet released mileage numbers.
Source: The Detroit News
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Kia to Unveil Plans for Assembly Plant in Mexico, Sources Say

Kia Motors Corp. will announce plans Wednesday to construct an assembly plant in Mexico, its first in the country, according to two sources with knowledge of the matter. A senior automotive industry source in Mexico City told Automotive News that Kia will unveil plans to build an assembly plant in the Monterrey area of northern Mexico at a news conference hosted by Mexico President Enrique Peña Nieto on Wednesday morning. The announcement will be made at the offices of Mexico's economy ministry, the person said. Another source briefed on the plans said the plant is scheduled to begin operating in 2016.
Source: Automotive News
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New No. 1 Reason Women Buy from Dealership

According to Women-Drivers.com, the trustworthiness of a sales adviser has always been more influential on a female car shopper's purchase decision than the price of a car. However, a different attribute has become more important than trustworthiness. The site shared with Auto Remarketing that the most important factor in car-buying for women is now respect. A recent report from the company, assembled directly from reviews by women car buyers, indicates that respect outranks trust, which is now the second-most important factor. Click here for the five attributes of a salesperson that are most influential on female shoppers' buying decisions.
Source: Auto Remarketing
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Ford's Quick Lane Brand Buys Naming Rights to Detroit Bowl Game

The new college football bowl game at Detroit’s Ford Field will be called the Quick Lane Bowl, named after Ford Motor Co.'s  chain of more than 700 auto service outlets at Ford and Lincoln dealerships. Members of the Ford family also own the Lions, organizers of the bowl. Financial terms of the multiyear title sponsorship were not disclosed. The game will air at 4:30 p.m. Dec. 26 on ESPN.
Source: Crain's Detroit Business
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Quotable

"This truck needed to say boldness, toughness and efficiency."

   
-- Brad Richards, exterior design manager for the F-150 at Ford, commenting on the new aluminum-bodied pickup, The Detroit News, Aug. 26

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