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Inside this issue
Automakers' December Surge Seen Wrapping Record U.S. Sales Year
Hyundai Motor, Kia Motors Both Miss 2015 Auto Sales Targets
FCA Announces Separation of Ferrari Business From Its Group
High-End Vehicles and Crossovers Will Take Center Stage
Ford Announces Expansion of SYNC Connectivity System
Greater New York Auto Dealers Focus Attention on Vocational Education at 10th Anniversary of Training Center
Top Stories
Automakers' December Surge Seen Wrapping Record U.S. Sales Year

Armed with year-end promotions and five weekends to deploy them, automakers put a strong finish on what will probably be a record sales year in the U.S. The biggest U.S. and Asian automakers will all report December gains of at least 10 percent on Tuesday, spurring the industry to an annualized selling rate of 18 million when adjusted for seasonal trends -- a record for the month -- according to analysts’ projections in a Bloomberg survey. That would secure a full-year total of 17.5 million car and light truck sales, breaking the record of 17.4 million set in 2000. Low gasoline prices, available credit, rising discounts and a strengthening job market spurred far more transactions than had been anticipated when the year began.
Source: Bloomberg
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Hyundai Motor, Kia Motors Both Miss 2015 Auto Sales Targets

South Korea's Hyundai Motor Co said on Monday that its 2015 global vehicle sales were unchanged from the previous year at 4.96 million vehicles, leaving it short of its sales goal of 5.05 million for the 12 months. Hyundai's affiliate Kia Motors Corp said its 2015 sales were also nearly unchanged at 3.05 million vehicles, leaving it missing its target of 3.15 million. The companies, together the world's fifth-largest automaker by sales, earlier said they sold a combined 8.01 million vehicles last year, without providing an exact breakdown of how many vehicles each of the pair sold.
Source: Reuters

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FCA Announces Separation of Ferrari Business From Its Group

Fiat Chrysler Automobiles NV (FCA) and Ferrari NV revealed on Sunday that the Ferrari business was separated from the FCA group as of the same day. Accordingly, FCA shareholders will receive one Ferrari common share for every 10 FCA common shares held and holders of FCA mandatory convertible securities (MCS) will receive 0.77369 Ferrari common shares for each MCS unit of USD100 in notional amount. The company also said that the outstanding Ferrari common shares after the separation is 188,923,499, while the issued common shares in the capital of Ferrari are 193,923,499.
Source: Bloomberg
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High-End Vehicles and Crossovers Will Take Center Stage

Auto shows used to have their niches. Detroit was the show for pickups. New York was for luxury cars, especially chauffeur-worthy ones. Los Angeles and Tokyo highlighted green technologies. No more. This year, the Detroit auto show's focus will be on luxury vehicles and crossovers. BMW and Mercedes-Benz pull the wraps off multiple vehicles. Porsche, Lexus, Infiniti, Volvo, Audi, Lincoln and Hyundai's new Genesis brand join the luxury parade. GMC, BMW and perhaps Audi will unveil new or redesigned crossovers. As for pickups, the sole production pickup officially scheduled for a global debut in Detroit is the redesigned Honda Ridgeline.
Source: Automotive News
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Ford Announces Expansion of SYNC Connectivity System

Automotive company Ford Motor Company announced on Monday that it has expanded its SYNC connectivity system, with the addition of Apple CarPlay, Android Auto, 4G LTE and several new AppLink apps enabling consumers to stay connected behind the wheel and even when they are away from their cars. According to Ford, SYNC allows customers to bring the smartphone technology they're comfortable with into a vehicle and use it without hassle. Ford, which offers its communications and entertainment technology SYNC, has reportedly over 15 million SYNC-equipped vehicles on roads around the world currently, with over 43 million expected by 2020.
Source: Bloomberg
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Greater New York Auto Dealers Focus Attention on Vocational Education at 10th Anniversary of Training Center

Re-training veterans and high school students receive scholarships

With the focus on the thousands of young men and women from diverse backgrounds who have trained, qualified and entered into high-paying skilled jobs in local area dealerships, last week the Greater New York Automobile Dealers Association marked the 10th Anniversary of the opening of the Center for Automotive Education and Training in Whitestone, N.Y. The event included guest speakers who attended the training center, as well as legislators and industry representatives. More than 250 people attended the event. Since opening in 2005, the training center has hosted more than 80,000 visitors, including 36,780 dealership employees, and held 2,503 seminars, events and launches.
Source: GNYADA
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-- Bob Carter, Toyota's top U.S. sales executive, commenting on the future of the U.S. auto market, Bloomberg, Jan. 4

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