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November 3, 2015 FacebookTwitterFlickrRSSSEND TO A FRIENDPRINT
Inside this issue
Audi's Scott Keogh and Toyota's Bill Fay to Keynote AutoConference LA on Nov. 17
Porsche, More Audi Models Pulled into VW Emissions Scandal
Fordís October Sales Up 13.4 Percent; FCA Up 15 Percent
Ford's New Promotion Revs Up Enthusiasm, Concerns
BMW Sees `Fierce' Competition Holding Back 2015 Profit Gains
U.S. to Include Rear-Crash Avoidance Systems in Ratings
Nissan Test Car Drives Itself Safely, Recognizes Pedestrians
Top Stories
Audi's Scott Keogh and Toyota's Bill Fay to Keynote AutoConference LA on Nov. 17

Toyota’s Bill Fay and Audi’s Scott Keogh are the industry keynote speakers at AutoConference LA, which is presented by NADA and J.D. Power. The half-day conference begins at 12 p.m. PST on Tuesday, Nov. 17 at the JW Marriott at L.A. LIVE. It precedes press days at the Los Angeles Auto Show and for the first time will be held in conjunction with the Connected Car Expo.

Fay, Toyota division group vice president and general manager at Toyota Motor Sales U.S.A., will discuss the future of mobility. Keogh, president of Audi of America, will discuss the era of disruption and rapid technological advancement in the auto industry, which Audi views as an opportunity rather than a threat.



Steven Szakaly, NADA chief economist, will provide an economic overview and sales forecast for 2016 and discuss the shift in consumer demographics from baby boomers to millennials and its impact on the market. He will also discuss the findings of an NADA-commissioned McKinsey & Company study that can serve as a guide for dealers and automakers to achieve greater collaboration in improving online retailing performance and customer satisfaction in the digital age.

The conference also includes John Humphrey, senior vice president of the global automotive practice at J.D. Power, who will provide key insights into trends impacting the U.S. and California auto markets.

Alexi Venneri, CEO of Digital Air Strike, will highlight the growing impact of social media on the car shopping experience; AutoNation’s Marc Cannon and Famous Rhodes will discuss the dealership group’s online car buying website, AutoNation Express; and Steve Lind, president of Kelley Blue Book, will participate in a panel session on consumer expectations in online retailing.

Other speakers include Bill Fox, NADA chairman; Bob Smith, executive director of the Greater Los Angeles Auto Dealers Association; Finbarr O’Neill, J.D. Power president; and Peter Welch, NADA president.

For more information or to register, visit www.autoconferencela.com.
Source: NADA / J.D. Power

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Porsche, More Audi Models Pulled into VW Emissions Scandal

The Environmental Protection Agency on Monday issued a second notice of violation against Volkswagen, and this time included Porsche and Audi models. Monday's announcement adds more vehicles to the list of affected cars, including the 2014 VW Touareg, the 2015 Porsche Cayenne and the 2016 Audi A6 Quattro, A7 Quattro, A8, A8L and Q5. The EPA said the German automaker installed software designed to defeat emissions tests on 2014 to 2016 vehicles with 3-liter, six-cylinder diesel engines. In September, the automaker acknowledged rigging emissions tests for four-cylinder diesel engines. The new notice marks the first time a Porsche model has been implicated in the scandal.
Source: CNBC

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Fordís October Sales Up 13.4 Percent; FCA Up 15 Percent

Detroit’s three automakers all posted double-digit October sales gains as customers flocked to showrooms to buy SUVs and trucks. General Motors Co. on Tuesday reported a 15.9 percent sales gain compared to October 2014. Fiat Chrysler Automobiles sales increased 15 percent. Ford Motor Co. sales rose 13.4 percent.
Source: The Detroit News
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Ford's New Promotion Revs Up Enthusiasm, Concerns

As sales promotions go, Ford's new "Friends & Neighbors" offer is not just another deal. Instead, it's one of the biggest incentive programs an automaker has rolled out since before the recession. That's why it's sparking such mixed reactions. On one hand, Ford dealers are excited that the discount will spark strong demand and year-end sales. On the flip side, some analysts are wondering if the move will push automakers to repeat mistakes they made 10 years ago, when they cut prices so dramatically that it destroyed their profitability.
Source: CNBC
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BMW Sees `Fierce' Competition Holding Back 2015 Profit Gains

BMW AG cautioned that “fierce” competition and higher spending levels will hold back profit gains this year, as aging models caused profitability to slide in the third quarter. Slowing sales growth in China and pressure from rivals such as Mercedes-Benz are putting the world’s biggest maker of luxury cars on the backfoot. The company stuck to a goal of achieving a fifth consecutive year of record profit, but said growth will slow as costs to remain competitive climb. BMW is locked in a battle maintain the lead in global luxury-car sales over Daimler AG’s Mercedes and Volkswagen AG’s Audi.
Source: Bloomberg

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U.S. to Include Rear-Crash Avoidance Systems in Ratings

The National Highway Traffic Safety Administration said Monday it will add automatic emergency braking to its five-star rating system starting in the 2018 model year — after first proposing the change in January. The change comes after many major automakers agreed in September to voluntarily work together with NHTSA toward making the rear crash avoidance technology standard in future vehicles. The systems can prevent rear-end crashes or reduce the impact speed of those crashes by automatically applying the brakes.
Source: The Detroit News
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Nissan Test Car Drives Itself Safely, Recognizes Pedestrians

Being a passenger in a self-driving car is similar to being driven around by a very cautious person, maybe your grandmother. Requiring neither hands on the steering wheel nor a foot on the gas pedal or brakes, the Nissan Motor Co. car making its way on Japanese public roads is instead packed with radars, lasers, cameras and computer chips. Nissan's "intelligent driving" feature is smart enough to navigate intersections without lane markers. It also brakes safely to a stop without crashing into the vehicle in front, and it knows the difference between a red light and a tail-lamp.
Source: Associated Press
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Quotable
"October was a huge month for the industry, smashing expectations and continuing its hot streak."

   -- Bill Fay, group vice president and general manager for the Toyota, commenting on strong auto sales in October, The Detroit News, Nov. 3

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