View Mobile Version | View Web Version

SPONSORED BY

 
NADA.org
January 12, 2015 FacebookTwitterFlickrRSSSEND TO A FRIENDPRINT
nada.orgAdvocacyAffiliates | Convention | Jobs | Programs | Publications | Services | Training
Inside this issue
Big Gains, Big Vehicles and a Big Finish
Industry Tensions on Display at Auto Show
LaNeve May Light a Fire Under Ford
Volvo Mulls U.S. Plant; Chinese-Made 'Strategic Flagship' May Be Exported to U.S., Report Says
Dealers Plan to Amp Up Digital-Marketing Efforts
Click here for more auto industry news at NADAFrontPage.com. .
Top Stories
Big Gains, Big Vehicles and a Big Finish

Automakers sold more cars and trucks to U.S. buyers in the last two months than in any other November and December in history. Now entering its sixth consecutive year of growth, the market could top 17 million units for the first time since 2001. If that weren't enough, an improving economy, plunging gasoline prices and easy credit are encouraging consumers to buy bigger, pricier, more lucrative vehicles. The three most popular vehicles of 2014 were all pickups -- a segment with transaction prices averaging more than $44,000. The last time a sedan didn't make the top three was 2003. "This is going to be a really healthy 17 million," said Jesse Toprak, chief analyst for Cars.com. "There's substance behind the growth this time, and there's not a bubble. It's real demand."
Source: Automotive News
Share: LinkedIn Twitter Facebook

[back to top]

Industry Tensions on Display at Auto Show

The next-generation hybrid-electric Chevrolet Volt and Ford's gas-saving aluminum F-150 truck on display this week at the North American International Auto Show don't have much in common, save this: They're staking positions that figured fuel prices would be far higher than they are. Six years into an economic expansion expected to push car and truck sales to nearly the 17 million-unit mark this year, declining gas prices are confounding assumptions underpinning the industrywide push for greater fuel efficiency to satisfy tougher federal regulations. Instead, gas is selling below $2 a gallon in much of the country. Still, industry heavyweights from Detroit to Germany and Japan show no sign yet that they are rethinking their product strategies because the gasoline prices in the United States are at their lowest point since 2009. They must reckon with existing rules and future targets.
Source: The Detroit News
Share: LinkedIn Twitter Facebook

[back to top]

LaNeve May Light a Fire Under Ford

'Hard hitter' at the plate after market share loss

Ford Motor Co.'s installation of former General Motors executive Mark LaNeve as its new U.S. sales and marketing chief shows that the automaker plans to get more aggressive after missing out on the gains that most of its competitors enjoyed last year, its market share dropping to a six-year low. LaNeve may bring more of an old-school, move-the-metal approach to Ford than it had under his predecessor, John Felice, who Ford said is retiring after a 30-year career. At the old GM, LaNeve couldn't halt a downward slide that had decades of momentum behind it, but it wasn't for lack of effort. "He's a hard hitter, he's competitive, and I think he'll want to move the numbers," said Jim Seavitt, owner of Village Ford dealership in Dearborn, Mich. "We've got great product, but sometimes you've got to get market share -- you've got to go after it."
Source: Automotive News
Share: LinkedIn Twitter Facebook

[back to top]

Volvo Mulls U.S. Plant; Chinese-Made 'Strategic Flagship' May Be Exported to U.S., Report Says

Volvo Car Corp. is considering building a U.S. assembly plant and also may export a "strategic flagship" sedan made in China to the U.S., people familiar with the Chinese-owned automaker’s plans told Reuters. The strategic flagship car would be in addition to the S60L midsize sedan, which CEO Hakan Samuelsson confirmed in September would be coming to the U.S. in 2015. Samuelsson had signaled those plans to export China-made cars to the U.S. for several months. A year ago, he said it could be done "fairly quickly." The moves would be significant for the auto industry and Volvo’s parent, Zhejiang Geely Holding Group Co.
Source: Reuters
Share: LinkedIn Twitter Facebook

[back to top]

Dealers Plan to Amp Up Digital-Marketing Efforts

In a WardsAuto Q&A, National Automobile Dealers Association Chief Economist Steve Szakaly talks about integrated digital marketing and a healthy economy, yet he voices concerns that gasoline-price volatility could return. Click here for the full Q&A.
Source: WardsAuto
Share: LinkedIn Twitter Facebook

[back to top]

More Articles
 
Quotable

"As we look into 2015, economic indicators remain robust and the fundamentals are poised for a continuation of the momentum we saw in the latter part of 2014."

   --- Emily Kolinski Morris, chief economist for Ford, commenting on 2015 sales predictions, Automotive News, Jan. 12

Sponsored by


NADA Market Beat
November Light-Vehicle Sales: SAAR Exceeds 17 Million for Second Time in 2014




Chairman's Message
New Study Discredits CFPB’s Fair Credit Testing Method
Videos

Get the Facts: Warranty Work, Safety Recalls and Service


Get the Facts: Local Economic Benefits of the Dealer Franchise System  


Get the Facts: The Benefits of Price Competition  


Get the Facts: Why Dealer Franchise Laws?  


Get the Facts: The Benefits of Franchised Auto Dealers

Sponsored by

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

-- Feb. 4: How to Know if Your BDC is Truly Effective

-- Feb. 11: Build Brand Trust with a Teen Driving Safety Program

-- Feb. 18: Tune-Up: A Better Breed of Digital Marketing Metrics

NADA Foundation News
Hollins University Receives Grant from the NADA Foundation

Bradshaw and Family Support Local Organizations through the NADA Charitable Foundation


 
Search Back Issues | Unsubscribe | Subscribe | Manage your subscription | email us
NADA For more information on NADA, visit www.nada.org or contact NADA, 8400 Westpark Drive, McLean, VA 22102. This email may contain an advertisement of NADA products and services. Any opinions or statements contained herein do not necessarily reflect the views of NADA. Factual errors are the responsibility of the listed publication. If you are a franchised new-car or -truck dealer and would like to become a member of NADA, please visit the Join NADA section of www.nada.org. Questions or comments concerning NADA Headlines content may be directed to publicaffairs@nada.org .