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October 7, 2016 FacebookTwitterFlickrRSSSEND TO A FRIENDPRINT
Inside this issue
Mark Fields Joins NADA Convention Speaker Lineup in New Orleans
WardsAuto: NADA Chairman: Tesla Model Wouldn’t Add Up for Most Automakers
The Detroit Bureau: Dealers Keep New Car Prices Down, NADA Chair Says
Auto Remarketing: NADA Chair Asks 4 Questions about Policies Impacting Financing & More
New Hampshire Dealers Seem Happy with VW Compensation Package
Top Stories
Mark Fields Joins NADA Convention Speaker Lineup in New Orleans

Mark Fields, president and CEO of Ford Motor Company, will sit down with NADA Chairman Jeff Carlson for a fireside chat during the opening general session of the 2017 NADA Convention and Expo in New Orleans on Friday, January 27.

Under his leadership, Ford is expanding its business model to be both an auto and a mobility company. It committed to growing and investing in its core business, and is aggressively pursuing emerging opportunities to be a leader in connectivity, mobility, autonomous vehicles, the customer experience and data and analytics.

Other speakers at the NADA convention – which runs from Thursday, January 26, to Sunday, January 29 – include Carlson and NADA Vice Chairman Mark Scarpelli, and New York Times best-selling authors, comedian Jim Gaffigan and inspirational speaker Amy Purdy. Additional speakers will be announced in the coming weeks.

NADA, founded in 1917, will kick off yearlong events commemorating its 100-year anniversary with NADA 100 Carnival, which will be held at Mardi Gras World on Thursday, January 26. The Carnival will feature top New Orleans cuisine and musical entertainment from Foreigner, Cowboy Mouth and jazz favorites.

Admission is complimentary for NADA and ATD members, international affiliates and registered spouses and relatives. Non-members dealers, managers and international affiliate registration categories are required to purchase a ticket, which can be purchased during the online registration process. Due to limited space, Allied Industry registrants are not eligible to purchase a ticket.

The four-day NADA convention includes dealer franchise meetings, workshops, a sold out Expo and numerous networking events.

NADA member dealers and managers who register online by Jan. 20, 2017, will receive a $75 advance registration discount from the onsite rate. Hotel rooms are filling up quickly. Twenty-one hotels in NADA’s convention block have already sold out. To register, visit  
Source: NADA

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WardsAuto: NADA Chairman: Tesla Model Wouldn’t Add Up for Most Automakers

If Tesla were to win its battle in Michigan and a handful of other recalcitrant states to bypass franchise laws and sell its electric vehicles directly to consumers, would other automakers follow suit? Colorado dealer and National Automobile Dealers Assn. Chairman Jeff Carlson says he doesn’t believe so, though his group is adamantly against manufacturers, including Tesla, cutting out the independent retail network middleman and selling vehicles directly to the buying public. The reason he’s confident the franchise model will remain intact? Cost.
Source: WardsAuto

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The Detroit Bureau: Dealers Keep New Car Prices Down, NADA Chair Says

Federal regulation of everything from financing and fuel-economy to the handling of recalls amount to the equivalent of a tax on consumers, Jeff Carlson, chairman of the National Automobile Dealers Association, said during an appearance in Detroit. Carlson is president of Glenwood Springs Ford and Glenwood Springs Subaru in Glenwood Springs, Colorado, and Summit Ford in Silverthorne, Colorado, said rules set down by the federal Consumer Financing Protection Bureau, one of the NADA’s top target, added up to $600 to the price of a new vehicle.
Source: The Detroit Bureau

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Auto Remarketing: NADA Chair Asks 4 Questions about Policies Impacting Financing & More

National Automobile Dealers Association chairman Jeff Carlson went back to the media this week in an effort to sound another warning to Washington, D.C., about implementing policies that would inadvertently make buying, financing, trading-in, and servicing vehicles harder and more expensive for consumers. Carlson, in NADA’s annual policy speech to the Automotive Press Association in Detroit, illustrated a number of real-world examples of how decisions in Washington and elsewhere are leading to increased prices for consumers when they go to buy new vehicles, when consumers obtain financing for those vehicles, and when consumers go to trade-in older vehicles for newer, cleaner and safer cars and trucks.
Source: Auto Remarketing

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New Hampshire Dealers Seem Happy with VW Compensation Package

New Hampshire Volkswagen dealers appear pleased with the company’s $1.2 billion compensation package for losses tied to company’s emissions cheating scandal. VW was producing diesel vehicles whose control systems were rigged with illegal software to hide significantly higher emissions than the company claimed they were producing. The diesel line comprised about 25 percent of Volkswagen product offering and “was a big part of their lineup,” said Dennis Gaudet, CEO of the Tilton-based AutoServ dealerships. He also serves as the National Automobile Dealers Association’s director for New Hampshire and national rep for Volkswagen dealers nationwide.
Source: New Hampshire Business Review

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Past Articles
      “Inter-brand competition drives the price down."

          -- NADA Chairman Jeff Carlson, commenting on the dealer franchise model for auto sales, WardsAuto, Oct. 6
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