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January 20, 2015 FacebookTwitterFlickrRSSSEND TO A FRIENDPRINT
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Inside this issue
New-Car Dealers Donate $50,000 to Food Bank in San Francisco
Jeb Bush to Keynote NADA Convention in San Francisco
Obama to Tout Auto Turnaround in Annual Speech
GM Gets 108 More Claims for Faulty Ignition Switch Compensation
2015 Ford Mustang Goes Global Today
Click here for more auto industry news at NADAFrontPage.com. .
Top Stories
New-Car Dealers Donate $50,000 to Food Bank in San Francisco

The return to San Francisco marks the 16th time the NADA Convention & Expo has been held in the city since 1949.

Thousands of the nation’s new-car and -truck dealers will convene in San Francisco this week for the NADA Convention & Expo. The weeklong activities kicked off today with a visit to the San Francisco-Marin Food Bank. Executives from NADA and its charitable foundation toured the food bank, presented a $50,000 gift and rolled up their sleeves for volunteer work.
 
“The generous donation from NADA shows its commitment not only to addressing hunger, but also to partnering with local organizations to make an impact,” said Paul Ash, executive director of the SF-Marin Food Bank. “We’re delighted to be the recipient of NADA’s philanthropy and will be able to generate more than 150,000 meals to feed the hungry of San Francisco and Marin.”
 
The city of San Francisco has hosted the NADA convention 16 times since 1949. “San Francisco is, without a doubt, one of the most unique cities in the world. The landmarks are historic. The people are wonderful. And the food is incredible. But not everyone is fortunate to get enough to eat,” said NADA Chairman Forrest McConnell. “You can’t really love a city unless you give back to it. NADA is privileged to support the food bank’s work toward hunger-free communities.”
 
The NADA convention, which runs from Thursday, Jan. 22, to Sunday, Jan. 25, is expected to attract more than 23,000 attendees from across the global automotive industry. For more information, visit www.nadaconvention.org.
Source: NADA

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Jeb Bush to Keynote NADA Convention in San Francisco

Jay Leno, Beck Weathers and NADA Chairman Forrest McConnell and incoming Chairman Bill Fox to deliver remarks

San Francisco will host the 2015 NADA Convention & Expo at the Moscone Center from Thursday, Jan. 22, to Sunday, Jan. 25. The keynote speakers include former Florida Governor Jeb Bush and 2014 NADA Chairman Forrest McConnell on Friday, Jan. 23; Jay Leno and 2015 NADA Vice Chairman Bill Fox on Saturday, Jan. 24; and inspirational speaker Beck Weathers on Sunday, Jan. 25. "Jeb Bush is a visionary leader and successful governor. We are delighted to have him keynote NADA's convention this year, and we hope to learn a bit more about his future ambitions," said McConnell.

"With a speaker lineup that includes Jeb Bush, Jay Leno and Beck Weathers, as well as the dealer-manufacturer meetings, exposition and workshops, you can see why the NADA convention is considered the Automotive Industry Event of the Year," added McConnell, a Honda/Acura dealer in Montgomery, Ala. Last year's event included a highly-covered keynote speech by former U.S. Secretary of State Hillary Clinton.
Source: NADA Public Affairs
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Obama to Tout Auto Turnaround in Annual Speech

President Barack Obama will use his sixth State of the Union address Tuesday to tout the resurgent auto industry. Obama, who has been marking the end of the six-year, $85 billion auto bailout, invited a worker from Warren at Chrysler’s Jefferson North assembly plant to attend the speech. Last year, Obama repeatedly mentioned the auto rebound, but didn’t talk about the government’s exit from General Motors Co. in December 2013 or even mention the automaker by name. Instead, he spoke about the need to boost fuel efficiency of medium- and heavy-duty trucks and called on Congress to spur the use of natural gas in vehicles.
Source: The Detroit News
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GM Gets 108 More Claims for Faulty Ignition Switch Compensation

General Motors has received 108 claims for compensation for ignition switch defects in its cars in the past week, bringing the total to 2,818, according to the official administering the compensation program. Through Friday, GM received 311 claims for death, 207 for catastrophic injuries and 2,300 for less-serious injuries requiring 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 121 from 112, according to the report.
Source: Reuters
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2015 Ford Mustang Goes Global Today

The Mustang is officially global. Starting today, Ford is exporting the pony car from the plant in Flat Rock, Mich., to markets around the world. Taking the 2015 model worldwide only furthers Ford's status as a top U.S. exporter of vehicles. It has been tracking ahead of General Motors and Fiat Chrysler Automobiles in recent years. After 50 years as a North America-only car, the new Mustang was designed and engineered for customers in more than 100 markets, with the first shipments headed to Asia. European customers can get prices and place orders starting today. The first deliveries will arrive midyear.
Source: Detroit Free Press
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Quotable

"NADA is privileged to support the food bank’s work toward hunger-free communities."

   --- NADA Chairman Forrest McConnell, commenting on NADA's $50,000 donation to the San Francisco-Marin Food Bank, NADAFrontPage.com, Jan. 20

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