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Inside this issue
Slowing Global Growth May Push Auto Mergers, AlixPartners Says
Senators: No More Money for NHTSA Without Reforms
Register Now for Today's 'Winning with the Next Generation' Webinar
New Truck Rule Does Little for Natural Gas Industry
Ford Enters Car-Sharing, Electric Bike Markets in Mobility Push
Chevrolet Uses Emojis to Promote 2016 Cruze Reveal
Click here for more auto industry news at NADAFrontPage.com. .
Top Stories
Slowing Global Growth May Push Auto Mergers, AlixPartners Says

A slowing automotive market worldwide combined with the costs of adapting to changes such as connected cars and self-driving vehicles may push automakers to merge or form more joint ventures, AlixPartners LLP said. Global auto sales will rise at a 2.6 percent annual rate during the next seven years, down from 3.1 percent from 2007 through 2014, the Southfield, Michigan-based advisory firm said in a study released Tuesday. The companies also will have to deal with the changing technologies. “Significant, and incremental, investments will be required, likely coming at the same time growth is slowing,” AlixPartners said.
Source: Bloomberg

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Senators: No More Money for NHTSA Without Reforms

A Senate panel harshly criticized federal auto safety regulators for failing to do more to address safety issues, with several members suggesting they will not give the agency more money until it makes sweeping reforms. Senators from both parties said at a Commerce Committee hearing Tuesday that a scathing Transportation Department Inspector General’s Office report shows the National Highway Traffic Safety Administration has systemic challenges.
Source: The Detroit News
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Register Now for Today's 'Winning with the Next Generation' Webinar

NADA University Online will host the webinar "Winning with the Next Generation" today, June 24 at 1 p.m. ET. The free webinar, presented by Matt Hurst from Dealertrack, will discuss how to use technology to win next generation buyers. Attendees will learn ways to overcome telecommuting and urbanization as challenges to the business through implementing creative strategies to reach tomorrow's customers.  Click here to register.
Source: NADA University Online
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New Truck Rule Does Little for Natural Gas Industry

Despite early praise from natural gas leaders, there seems to be little for the industry to gain from DOT's new proposal for regulating truck fuel usage. Pro Energy's Eric Wolff explains that "when it comes to electric power, the EPA sings the praises of natural gas as a clean air hero, especially in contrast with coal-based generation, which provided the backbone of the power sector for so long. But when it comes to big rigs and buses, the government's life-cycle analysis revealed that natural gas vehicles' greenhouse gas profile was little better than the most modern diesel equipment. ... Proponents of natural gas may have expected that the rule would follow the lead of its predecessor, the 2011 phase 1 heavy duty engines rule, which created 'a small balanced incentive for natural gas use,' as the EPA and DOT wrote in the phase 2 proposal. But the agencies don't expect the new rule to strengthen demand for natural gas vehicles."
Source: Politico
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Ford Enters Car-Sharing, Electric Bike Markets in Mobility Push

Ford Motor Co. is getting into the car-sharing and electric bike businesses as part of CEO Mark Fields’ effort to transform the automaker into a more holistic provider of transportation options. The company late Tuesday announced a pilot car-sharing program that invites 26,000 Ford Motor Credit Co. customers in six U.S. cities and London to offer their vehicles for short-term rentals. It also unveiled a new battery-powered bike aimed at urban commuters. The bike folds and can be recharged while being stored inside any Ford vehicle.
Source: Automotive News

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Chevrolet Uses Emojis to Promote 2016 Cruze Reveal

Heart, smiley face, thumbs-up: Chevrolet turns to emojis for 2016 Cruze media advisory.

Chevrolet's media relations department decided to have a little fun with the press release they sent out Monday, heralding the 2016 Chevy Cruze reveal. The media advisory was written with emojis and challenged recipients to decipher it before the so-called decoder was released. Ironically, emojis were invented in Japan, a country better known for challenging the U.S. car market since the 1980s.
Source: Detroit Free Press
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Quotable
"My great-grandfather helped put the world on wheels so everyone could enjoy the benefits of mobility. Our vision today is to expand that same thinking using advanced technology and new business models, and addressing the mobility challenges people face around the world."

    -- Ford Executive Chairman Bill Ford, commenting on the automaker entering the car-sharing and electric bike markets, Automotive News, June 23

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