View Mobile Version | View Web Version

SPONSORED BY
 
NADA.org
May 26, 2015 FacebookTwitterFlickrRSSSEND TO A FRIENDPRINT
nada.orgAdvocacyAffiliates | Convention | Jobs | Programs | Publications | Services | Training

Inside this issue
GM Likely to Face Criminal Charges Over Ignition Switches
NHTSA's Rosekind is Cracking Down on U.S. Auto Industry
Dealers, Consumers Drive Digital Car Buying Revolution
Audi Expects In-Car Electronics to Become as Valuable as Horsepower
Auto Industry's $23 Billion Investment in Mexico May Face Snarls at Ports
The 2015 Indianapolis 500 By The Numbers
Click here for more auto industry news at NADAFrontPage.com. .
Top Stories
GM Likely to Face Criminal Charges Over Ignition Switches

Federal prosecutors still need to discuss issues with auto maker, including size of potential fine

Federal prosecutors are likely to bring criminal charges against General Motors Co. over an ignition-switch defect linked to more than 100 deaths, but they still have to hash out key issues with GM including whether the auto maker will need to plead guilty and how big a fine it will have to pay, people familiar with the matter said.
Source: The Wall Street Journal
Share: LinkedIn Twitter Facebook

[back to top]

NHTSA's Rosekind is Cracking Down on U.S. Auto Industry

There's a new sheriff in town -- and he's cracking down on the U.S. auto industry. When Mark Rosekind was sworn December as the new administrator of of the National Highway Traffic Safety Administration, the agency faced frequent criticism for its weak response to multiple safety crises. NHTSA was belittled on Capitol Hill during hearings over the General Motors ignition switch crisis last year and blamed for not taking aggressive action in 2009 when Toyota's sudden acceleration problems surfaced. And in 2013, the agency was openly challenged by Fiat Chrysler Automobiles on its initial call for recall of 2.6 million Jeep SUVs. FCA later agreed to a lesser recall. But this past week, Rosekind's NHTSA unleashed a stunning display of force.
Source: Detroit Free Press

Related Story:


Share: LinkedIn Twitter Facebook

[back to top]

Dealers, Consumers Drive Digital Car Buying Revolution

A friendly smile, firm handshake and cars on the lot are no longer enough for dealers to be successful. New mobile apps, websites and other ways for customers to find information while purchasing a vehicle have revolutionized the car-buying process for consumers as well as dealers. They've led to better-educated consumers, more transparent dealers and a new way of buying cars. Laurence Dixon, National Automobile Dealers Association Used Car Guide senior analyst, said the evolution and data transparency has created efficiencies across the board. "They can't get away from a consumer walking into their showroom with pricing on either their trade-in or the used vehicle they're looking to buy," he said. "That helps to reduce the friction." Reducing that friction leads back to what dealers have done for the past century: sell cars and create relationships.
Source: The Detroit News
Share: LinkedIn Twitter Facebook

[back to top]

Audi Expects In-Car Electronics to Become as Valuable as Horsepower

Audi AG expects that electronics and digital features will become just as important as sheer horsepower for global automakers as they brace for a fundamental industry shift and new competitors and potential allies emerge. “By 2020, 50 percent of value creation will be based on apps, software, electronic systems and digital services,” and opportunities are “endless,” Luca de Meo, Audi’s sales chief, said Sunday in the text of a speech prepared for the Consumer Electronics Show in Shanghai. “This will totally change our industry and our offering.”
Source: Bloomberg
Share: LinkedIn Twitter Facebook

[back to top]

Auto Industry's $23 Billion Investment in Mexico May Face Snarls at Ports

Carmakers from Nissan Motor Co. to Mazda Motor Corp. are churning out record numbers of vehicles in Mexico destined for consumers abroad. But some executives are worried that the factory hum will slow in coming years as exports get bogged down by congestion at the nation’s ports. The government has targeted 70 billion pesos ($4.6 billion) for port infrastructure through 2018, including building four new terminals in Veracruz. Some automakers are skeptical that the goal will be met or will be enough to handle the more than 5 million vehicles Mexico expects to produce annually by 2020 -- a 56 percent increase from the country’s 2014 output.
Source: Bloomberg
Share: LinkedIn Twitter Facebook

[back to top]

The 2015 Indianapolis 500 By The Numbers

The Indianapolis 500 is one of the most quintessentially American events on the annual sporting calendar, converging 300K visitors to the city’s storied Motor Speedway and gluing million pairs of eyeballs to television sets globally. We watch for many reasons. Many invariably tune in for the potential excitement of fiery wrecks and pit crew brawls. But then there are others who root for favorite driver or are mesmerized by the poetry of pit stops and the sheer engineering brilliance fueling cars that reach an excess of 225 mph.
Source: WalletHub
Share: LinkedIn Twitter Facebook

[back to top]

More Articles
 
Quotable

"Never before in nearly 130 years of automotive history has our industry changed as fast and as completely as now: How we engineer our cars, how we produce them, how we present a new model, where we sell it, who we sell our cars to and who we work with in the future."

    -- Audi CEO Rupert Stadler, commenting on the impact of electronics and digital features in cars, Bloomberg, May 26

Sponsored by

NADA Market Beat
CUVs Account for 28.6% Market Share, Up 1.7% in April
Chairman's Message
Congress Won’t Preserve Consumer Discounts Without Your Help
Videos

Warren Buffett and Larry Van Tuyl Interview
(NADA-TV)


Q&A: Warren Buffett, Larry Van Tuyl
(NADA-TV)


Buffett & Van Tuyl: Tesla Not a Threat (CNBC)



Get the Facts: The Benefits of Franchised Auto Dealers


NADA Foundation: On the Go(Pro) with Canine Companions

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

-- May 27: Gain Traffic and Sales by Making TV Ads Work Harder

-- June 3: Resolving the High Cost of Disengagement


Sponsored by

 

NADA Foundation News
Pacific Lutheran University Receives NADA Foundation Grants
 
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 .