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Inside this issue
Fiat Chrysler CEO Defends Jeep Safety
Ford Recalls over 220,000 Vehicles in North America for Three Issues
Store Tweaks Sales, F&I Strategy for Gen Y
Automakers Race to Double the Driving Range of Affordable Electric Cars
Big Show for the 'Big Apple'
Click here for more auto industry news at NADAFrontPage.com. .
Top Stories
Fiat Chrysler CEO Defends Jeep Safety

Fiat Chrysler Automobiles NV CEO Sergio Marchionne defended the safety of millions of Jeep SUVs recalled for possible gas tank fires, as a Georgia jury hears the case of a 4-year-old boy killed in a Jeep fire. In a 171-page January deposition obtained by The Detroit News, Marchionne said the automaker firmly believes the older Jeep SUVs with gas tanks located behind the rear axle are no more susceptible to fires than other SUVs.
Source: The Detroit News

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Ford Recalls over 220,000 Vehicles in North America for Three Issues

Ford Motor Co. said on Wednesday it is recalling more than 220,000 vehicles in North America for potential issues with door handles, vacuum pump relays and sensors. The No. 2 U.S. automaker said it is recalling 212,911 Ford Explorer SUVs and Ford Police Interceptor utility vehicles from model years 2011 to 2013 because a spring that controls the interior door handle may become loose and cause the door to become unlatched in a side-impact crash, increasing the risk of injury.
Source: Reuters

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Store Tweaks Sales, F&I Strategy for Gen Y

Transparency and speed help boost profits, reputation

Dealership managers Austin Salinas and Chris Gottselig know how to sell to Gen Y. That's because they fall into that category themselves. The two developed a speedier, more transparent vehicle sales and finance process at Friendly Ford of Crosby, near Houston, that's boosting the store's profits and reputation.
Source: Automotive News

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Automakers Race to Double the Driving Range of Affordable Electric Cars

Global automakers are readying a new generation of mass-market electric cars with more than double the driving range of today's Nissan Leaf, betting that technical breakthroughs by big battery suppliers such as LG Chem Ltd will jump-start demand and pull them abreast of Tesla Motors Inc. At least four major automakers - General Motors Co, Ford Motor Co, Nissan Motor Co Ltd and Volkswagen AG - plan to race Tesla to be first to field affordable electric vehicles that will travel up to 200 miles (322 km) between charges.
Source: Reuters

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Big Show for the 'Big Apple'

Major debuts dominate 2015 New York auto show

As the 2015 New York International Auto Show prepares to open its doors, automakers are planning the largest ever lineup of new vehicle debuts in the show’s 115-year history to wow the press and public. In addition to the excitement of the 60-plus new car and truck intros, the show is hosting a wide range of important industry events attracting auto executives and members of the media from around the world. The sold-out NADA/J.D. Power Automotive Forum, hosted by the auto show, will kick things off on Tuesday, March 31. The full-day Automotive Forum includes a panel session with legendary investor Warren Buffett along with Larry Van Tuyl from Berkshire Hathaway Automotive. The show includes two days of back-to-back press conferences (April 1 and 2), World Car Awards, Nielsen’s TV Advertising Awards and the Gala Preview charity event. The public show dates are April 3-12. Click here for Show News.
Source: NYIAS

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Quotable

"The main thing I look at is time. When I purchase something, I want to be in and out as quickly as possible. We adapted that philosophy to a car dealership."

    -- Chris Gottselig, finance director at Friendly Ford of Crosby, near Houston, commenting on the dealership's new Gen Y-friendly sales and F&I process, Automotive News, March 25

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