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Inside this issue
NADA: New-Car Sales to Rise to 16.94 Million in 2015
Tensions at Toyota Ahead of Big Move
GM Extends Ignition Compensation Deadline to Jan. 31
Lincoln Dealers Sign Up to Offer Exclusive Black Label Series
Flagships, Cute Utes to Headline L.A. Show
Click here for more auto industry news at NADAFrontPage.com. .
Top Stories
NADA: New-Car Sales to Rise to 16.94 Million in 2015

The National Automobile Dealers Association forecasts 16.94 million new cars and light trucks will be purchased or leased in the United States in 2015. “Rising employment and wages, continued low interest rates and lower gasoline prices all signal an increase in new light-vehicle sales in 2015,” NADA Chief Economist Steven Szakaly said today at a press briefing ahead of the NADA / J.D. Power Western Automotive Conference in Los Angeles. “The economy will continue to build on the solid growth established in 2014, and we also expect the fundamental conditions to improve in the year ahead,” he added. “Gross domestic product will grow at 3.1 percent in 2015, with the potential for growth to exceed our forecast.” Click here for the full 2015 forecast.
Source: NADA Public Affairs
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Tensions at Toyota Ahead of Big Move

Who'll go? Who'll stay? Who knows?

For Toyota and its workers, the road to Texas is paved with uncertainties. As the automaker prepares to consolidate its far-flung engineering, sales, marketing, finance and corporate operations into a new North American headquarters near Dallas over the next few years, it's wrestling with a knotty set of challenges: retaining enough of its employees to ensure a smooth transition, realigning job functions across various divisions and keeping up morale as anxious workers await word on their new job descriptions and pay scales.
Source: Automotive News

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GM Extends Ignition Compensation Deadline to Jan. 31

The administrator of the General Motors ignition switch compensation program said late Sunday the fund would extend the deadline for submitting claims until Jan. 31, 2015, because the Detroit automaker is sending notices to 850,000 owners this week. The Detroit automaker said it supported the move. "We agreed with Ken Feinberg's recommendation to extend the compensation program deadline. Our goal with the program has been to reach every eligible person impacted," GM spokesman Jim Cain said late Sunday.
Source: The Detroit News
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Lincoln Dealers Sign Up to Offer Exclusive Black Label Series

Lincoln has signed up 32 dealers in six states for its new Black Label luxury subfranchise. Lincoln announced the Black Label series last year in an effort to set a new standard for luxury vehicles and customer service within the brand. The 32 dealerships account for about half of Lincoln sales in the six states: New York, New Jersey, California, Florida, Texas and Michigan. Black Label will go national next year. There are 200 Lincoln stores in the six states, which represent 65 percent of U.S. luxury vehicle sales, according to Andrew Frick, Lincoln marketing manager. The first Black Label vehicles are being manufactured now and will appear in dealerships in late December or early January.
Source: Automotive News
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Flagships, Cute Utes to Headline L.A. Show

Call it an exercise in extremes. Pint-size crossovers and extra-large luxury sedans will share the spotlight at the Los Angeles Auto Show, as Mercedes-Benz revives the Maybach name with a top-of-the-line sedan, Audi unveils a concept for a future flagship and Honda and Mazda roll out crossovers slotted beneath the Honda CR-V and the Mazda CX-5. Click here for a look at the global debuts expected in Los Angeles.
Source: Automotive News

Editor's note: The NADA/J.D. Power Western Automotive Conference will be held in Los Angeles tomorrow, Nov. 18, preceding press days at the Los Angeles Auto Show. For more information or to register, click here.

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Quotable
"The economy will continue to build on the solid growth established in 2014, and we also expect the fundamental conditions to improve in the year ahead."

   
-- NADA Chief Economist Steven Szakaly, commenting on his 2015 new-car sales forecast, NADAFrontPage.com, Nov. 17

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