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Inside this issue
Las Vegas to Host NADA Convention Every Other Year
Senate Begins Debate on Highway Bill, Setting Up Weekend Session
Michigan Dealer Hosts Member of Congress
GM Bullish on North America After Q2 Beat
Wariness as Auto Industry Eyes Mexico for Growth
Mitsubishi to End U.S. Vehicle Output, Report Says
Automakers Should Deploy Mobile Ads Earlier in Purchase Cycle, Facebook Study Finds
Honda Unveils Accord with CarPlay and Android Auto at New R&D Lab
Donation to Help CPR Training
Top Stories
Las Vegas to Host NADA Convention Every Other Year

Attendee registration and housing opens in October with an early-bird discount of $100.

NADA’s board of directors announced that the NADA and ATD Convention and Expo will be held in Las Vegas every two years instead of once every four years, but recognizes the shift in dates may pose scheduling conflicts during the transition years.
   
“Las Vegas is an extremely popular destination for the top-tier conventions and trade shows, and these events are booked many years in advance,” said NADA President Peter Welch. “In order for NADA to move the convention to Las Vegas every other year, we had to change the dates from our traditional January-February timing for the 2016, 2018 and 2022 shows so that we could secure our desired timeframe in the long term.”

For starters, the 2016 NADA and ATD conventions will be held in Las Vegas from Thursday, March 31, though Sunday, April 3.
 
For planning purposes, here are the upcoming NADA and ATD convention dates: 

• 2016 Las Vegas: March 31 – April 3
• 2017 New Orleans: January 26-29 (NADA’s 100th Anniversary Celebration)
• 2018 Las Vegas: March 22-25
• 2019 San Francisco: January 24-27
• 2020 Las Vegas: February 14-17
• 2021 New Orleans: January 21-24
• 2022 Las Vegas: March 10-13

Attendee registration and housing for the “Automotive Industry Event of the Year” will open in early October with an early-bird discount of $100. Information on the keynote speakers, workshops and companies exhibiting in the expo hall will be available soon. For more information, visit www.nadaconvention.org.
Source: NADA Convention and Expo
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Senate Begins Debate on Highway Bill, Setting Up Weekend Session

The Senate on Friday formally started debate on Senate Majority Leader Mitch McConnell’s six-year highway bill, setting up a weekend session and putting the chamber on a collision course with the House. Senators voted to proceed to the bill negotiated by McConnell and Sen. Barbara Boxer (D-Calif.) in a 51-26 vote that split both parties. McConnell wants to quickly wrap up work on the legislation by Wednesday so that it can be sent to the House, which is scheduled to begin its August recess at the end of next week.

House Republicans prefer a five-month extension of highway spending already approved by the lower chamber. Majority Leader Kevin McCarthy (R-Calif.) has said the Senate bill “won’t fly” in the House.

McConnell is expected to allow a vote on an amendment to the measure that would reauthorize the Export-Import Bank. This amendment will make the package even more controversial in the House, where a sizeable number of conservatives do not want to see the bank resurrected after its charter expired at the end of last month.

The Senate majority leader is also expected to offer an amendment to repeal ObamaCare on Friday. McConnell will file cloture on the amendment, as well as a separate amendment from Sen. Mark Kirk (R-Ill.), setting up likely votes on Sunday.
Source: The Hill

Editor’s note: Sen. Richard Blumenthal (D-Conn.) has threatened to offer an amendment to prohibit dealers from selling, or even wholesaling, a used vehicle under open recall. The amendment may come to the Senate floor for a vote as part of the transportation bill. Amendments to the transportation bill on the Senate floor are still being finalized.

The "Blumenthal amendment" is flawed because it would give consumers less options when buying or trading-in a vehicle. Additionally, by devaluing trade-ins and not similarly regulating private sales, frustrated vehicle owners will resort to selling their vehicles in the private market, where the consumer has almost no safety or consumer protections, making it even less likely the vehicles will get fixed.

Dealers and their customers are urged to call their Senators at 202.224.3121 and ask them to oppose the anti-consumer Blumenthal amendment during the transportation bill debate. Contact information for the Senate offices is also available at www.senate.gov. Click here for NADA's issue brief on vehicle recall legislation and click here for talking points opposing the Blumenthal amendment.

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Michigan Dealer Hosts Member of Congress


(Left to right) Terry Burns, executive vice president, Michigan Automobile Dealers Association; U.S. Rep. Tim Walberg (R-Mich.); and Wes Lutz, dealer principal, Extreme Dodge Chrysler Jeep RAM tour the dealership.

Congressman Tim Walberg (R-Mich.) visited Extreme Dodge Chrysler Jeep and RAM in Jackson, Mich., earlier this week. The visit was hosted by Wes Lutz, NADA director for Michigan. Congressman Walberg is currently serving in his fourth term in Congress from the 7th Congressional district of Michigan, which includes the central and southeastern areas of the state.

During the visit, Rep. Walberg had the opportunity to tour the dealership, meet employees and learn more about federal legislative issues impacting franchised auto dealers, including auto finance, tax reform and potential changes to how auto recalls are administered. In particular, Lutz thanked Congressman Walberg for his strong support of H.R. 1737, a bill in Congress to repeal the Consumer Financial Protection Bureau’s (CFPB) guidance on indirect auto lending, which would eliminate a dealer’s ability to “meet or beat” a competitor’s finance rate.

As part of the visit, Lutz invited his staff along with employees from nearby dealerships in Jackson to a barbeque lunch with Rep. Walberg. “I was thrilled to host Congressman Walberg in Jackson. I’ve come to know him and can testify to the value of building a long-term relationship," Lutz said. "When I visit with members of Congress, they become better informed on how their decisions in Washington affect franchised dealers like me back home. I strongly encourage NADA members to learn more about how to engage their elected officials and host them at their dealership." 


Rep. Walberg (left) meets with dealership service technicians during his visit.

In August, Congress will be in recess and legislators will travel their states/districts to meet with constituents. This provides an excellent opportunity for dealers to meet with members of Congress and begin to build a long-term relationship. If you are interested in hosting a member of Congress at your dealership, please contact NADA Director of Grassroots Advocacy, Patrick Calpin, at pcalpin@nada.org or 202.547.5500. Click here for more information.
Source: NADA Legislative Affairs
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GM Bullish on North America After Q2 Beat

General Motors CFO Chuck Stevens said Thursday demand for new vehicles remains strong in North America after the automaker reported a profit beat but fell short revenue estimates. Shares were up more than 7 percent in premarket trading on the New York Stock Exchange. "I think the North American results speak for themselves," he told CNBC's "Squawk Box." "We're very optimistic for the rest of the year for continued strength in North America." GM's North American operations generated nearly all of its operating profit, doubling profits to $2.8 billion on margins of 10.5 percent, which the company said were a record for any quarter since it emerged from bankruptcy in 2009.
Source: CNBC

Related Story:


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Wariness as Auto Industry Eyes Mexico for Growth

The unlikely comeback of the American auto industry has generated tens of thousands of new jobs at Fiat Chrysler, Ford and General Motors. But as the United Automobile Workers union enters talks on new contracts with the Detroit car companies, perhaps its biggest worry is losing vehicle production to lower-wage nations like Mexico. The rapid growth of the Mexican auto industry has been a growing source of concern for the union, particularly because many of the products built south of the border are destined to be sold in American showrooms. Auto plants in Mexico are on track to export about 70 percent of their production this year to the United States, according to the Mexican Automobile Industry Association trade group. And automakers are stepping up their investments further to take better advantage of cheaper labor costs and Mexico’s attractive trade environment, made possible by pacts like the North American Free Trade Agreement.
Source: The New York Times
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Mitsubishi to End U.S. Vehicle Output, Report Says

Mitsubishi Motors Corp., faced with an expiring union contract at its only plant in North America, declined to comment Thursday on a report that it planned to end auto production in the United States. Japan's Nikkei news service said the move to cease production at Mitsubishi's factory in Normal, Ill., is part of a strategic shift to the growing Asian market. The company has "no statement," said a spokesperson for Mitsubishi Motors North America. A source familiar with the company's strategy said:  "We have no plans to stop selling. We are concentrating on enhancing our selling in the United States."
Source: Reuters
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Automakers Should Deploy Mobile Ads Earlier in Purchase Cycle, Facebook Study Finds

Consumers are bombarded with the most digital car ads in the month before purchasing a vehicle even though many have already narrowed their choices down to one or two models by then, according to a new Facebook-commissioned study by Ipsos MediaCT. Facebook says the finding shows that automakers need to reach potential buyers in the digital realm, particularly on mobile devices, earlier in the purchase cycle.
Source: Automotive News
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Honda Unveils Accord with CarPlay and Android Auto at New R&D Lab

Honda is joining other big automakers such as Ford and BMW in shoring up its research and development beachhead in Silicon Valley. Beyond providing new digs for some 100 engineers, Honda announced Thursday a new program aimed at seducing high-tech entrepreneurs. Honda Xcelerator will provide funding and know-how to developers working on auto-related tech. “Silicon Valley is the hub, it’s the bleeding edge, and we want to be working in a fully collaborative mode with entrepreneurs and other companies with visions that share our own,” says Frank Paluch, president of Honda R&D Americas.
Source: USA Today
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Donation to Help CPR Training

Four CPR training mannequins were donated to the Danville Life Saving Crew’s Danville Area Training Center on Wednesday. The Virginia Auto Dealers Association, in partnership with the National Automobile Dealers Charitable Foundation, donated the four Laerdal Resusci Anne CPR Training mannequins. Last year the Danville Area Training Center taught CPR to more than 1,000 and will teach more than 1,200 this year.
Source: GoDanriver.com (Danville, Va.)
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Quotable
"I think the North American results speak for themselves. We're very optimistic for the rest of the year for continued strength in North America."

   
-- General Motors CFO Chuck Stevens, commenting on strong demand for new vehicles in the U.S., CNBC, July 23

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