View Mobile Version | View Web Version

SPONSORED BY

 
NADA.org
January 13, 2015 FacebookTwitterFlickrRSSSEND TO A FRIENDPRINT
nada.orgAdvocacyAffiliates | Convention | Jobs | Programs | Publications | Services | Training
Inside this issue
Lawmakers at Auto Show Welcome Industry's Resurgence
VW to Add Up to 100 U.S. Dealers by 2018
Fiat Chrysler Wants to Collaborate with Other Automakers on New Vehicles, Marchionne Says
GM Gets 141 More Claims for Faulty Ignition Switch Compensation
NHTSA's Chief Urges Automakers to Be Proactive on Recalls
Automakers Push the Limits
Click here for more auto industry news at NADAFrontPage.com. .
Top Stories
Lawmakers at Auto Show Welcome Industry's Resurgence

U.S. Sen. Gary Peters said he's impressed with the technology on display at Cobo Center for the auto show and expects it will also help make cars safer. "These are just cutting-edge vehicles," Peters, of Bloomfield Township [Mich.], said Monday while touring the North American International Auto Show in downtown Detroit. "Best-in-class vehicles that are being made here in Michigan or in the United States, and so I'm very, very proud of what I'm seeing." U.S. auto industry sales reached 16.5 million last year, the highest since 2006, and executives are already predicting another big year.
Source: Detroit Free Press
Share: LinkedIn Twitter Facebook

[back to top]

VW to Add Up to 100 U.S. Dealers by 2018

Volkswagen of America said Monday it plans to add up to 100 dealers by 2018 in the United States as it vows to boost sales by another 200,000 vehicles. The German automaker has 651 U.S. dealers and wants more, especially in the Midwest. VW announced it is adding two new SUVs to its lineup by 2017 — including an all-new seven-seat, three-row midsize SUV next year and a new Tiguan in 2017 with a longer wheelbase. On Monday, VW showed a new Cross Coupe GTE five-seater.
Source: The Detroit News
Share: LinkedIn Twitter Facebook

[back to top]

Fiat Chrysler Wants to Collaborate with Other Automakers on New Vehicles, Marchionne Says

Fiat Chrysler Automobiles CEO Sergio Marchionne said his company is in talks with other automakers to share the costs of developing new vehicles and technology, particularly to cut CO2 emissions. Marchionne deflected questions at the Detroit auto show on whether FCA was in merger talks, but said that automakers' relatively low stock values reflect investor perceptions that car companies are wasting capital producing their own versions of commoditized technologies, such as the hardware for four-cylinder engines.
Source: Reuters

Related Story:


Share: LinkedIn Twitter Facebook

[back to top]

GM Gets 141 More Claims for Faulty Ignition Switch Compensation

General Motors received 141 additional claims for compensation for ignition switch defects in its cars in the past week, bringing the total to 2,710, according to the official administering the compensation program. Through Friday, GM had received 303 claims for deaths, 202 for catastrophic injuries and 2,205 for less-serious injuries that required hospitalization, according to the report from lawyer Kenneth Feinberg, hired by GM to administer the program. The number of claims found eligible for compensation rose to 112 from 100, according to the report.
Source: Reuters

Related Story:


Share: LinkedIn Twitter Facebook

[back to top]

NHTSA's Chief Urges Automakers to Be Proactive on Recalls

The nation’s new auto-safety regulator arrived at the Detroit Auto Show [Monday] to reiterate his tougher approach to U.S. industry oversight and tell executives to be proactive on rooting out potential safety defects. The National Highway Traffic Safety Administration will be fixing the defect-detection and recall system, Mark Rosekind told reporters after his first meeting with car industry executives since taking over as head of the agency last month. He said such improvements will naturally produce more recalls. Automakers recalled more than 60 million U.S. cars and trucks last year, more than double the previous record set in 2004, and NHTSA levied more than $126 million in fines. The industry will be even under more scrutiny this year than in 2014, Rosekind said.
Source: Bloomberg

Related Story:


Share: LinkedIn Twitter Facebook

[back to top]

Automakers Push the Limits

Buoyed by growing sales, automakers introduced vehicles approaching technological extremes at the North American International Auto Show on Monday, from 600-horsepower muscle cars to the electric Bolt that Chevrolet says will travel 200 miles on a single charge. Also introduced were new convertibles and more than a dozen new SUVs and trucks. Automakers are collectively pledging to spend tens of billions of dollars over the next five years on new vehicles — especially crossovers and electric cars — to meet both consumer demand for bigger vehicles and government demands for increased fuel efficiency.
Source: The Detroit News
Share: LinkedIn Twitter Facebook

[back to top]

More Articles
 
Quotable

"Consumer confidence and consumption are gaining further traction, car sales regained levels we haven’t seen since 2006 and we expect further solid momentum also in 2015."

   --- Daimler CEO Dieter Zetsche, discussing the U.S. auto industry rebound during the Detroit auto show, Automotive News, Jan. 13

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 .