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November 1, 2016 FacebookTwitterFlickrRSSSEND TO A FRIENDPRINT
Inside this issue
Driven To Do The Right Thing
Automakers Shuffle Q4 Output Plans
Protecting Personal Information -- With a Twist
California's Electric-Car Rebates Jump for Lower-Income Buyers and Vanish for More High Earners
Detroit 3 Break Out the Big Guns for SEMA
Top Stories
Driven To Do The Right Thing

Local car dealerships are transforming the auto industry through charity and transparent processes

Unless you’re looking for a new car, you probably don’t think much about that long row of gleaming car dealerships in your hometown as you drive past them. Yet those bright showrooms and expansive lots are huge contributors to the local economy and local charities. Last year, according to the National Automobile Dealers Association (NADA), the 17,000 dealers in the U.S. employed more than 1.1 million people, up 4.3% from 2014. The annual payroll increase was almost double that number, up 8% to $62.8 billion, resulting in more than $20 billion in personal tax revenue.
Source: TIME

Editor’s note: This week’s edition of TIME magazine includes a special advertising section featuring commentaries on the positive impact that new-car dealers have on their communities, both in economic and charitable contributions; the improving car-buying experience for consumers; and a feature article on the 2016 TIME Dealer of the Year Kitty Van Bortel.

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Automakers Shuffle Q4 Output Plans

Fourth-quarter production plans have been shuffled at a number of automakers in the industry’s latest round of schedule reviews. The net result of all the action is that a mere 2,000 units were trimmed from the October-December slate and production for the year remains at a record 1.9 million vehicles. Most significant is the fact that October production is set to end at an estimated 40,800 units below what had been scheduled, bringing the total for the month to 1,633,700 units.
Source: WardsAuto


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Protecting Personal Information -- With a Twist

Want something old and something new, all in one? Check out the FTC’s updated “Protecting Personal Information: A Guide for Business.” It’s the same principles that we’ve relied on for years, but with a new twist. You’ll find the latest tips about technologies that have emerged since we last published the guide. And a fresh look to match the Start with Security business education campaign.
Source: FTC

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California's Electric-Car Rebates Jump for Lower-Income Buyers and Vanish for More High Earners

In an effort to boost the sale of low-emissions vehicles, California is again tweaking its rebate program for buyers of all-electric, plug-in hybrid and fuel-cell cars. Starting Tuesday, high-income earners are excluded from getting the rebates and prospective buyers from lower-income households will get more money under the state’s Clean Vehicle Rebate Project.
Source: Los Angeles Times

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Detroit 3 Break Out the Big Guns for SEMA

Detroit automakers are driving into the 2016 Specialty Equipment Market Association Show in Las Vegas with a host of custom vehicles: A Dodge Durango equipped with a shaker hood and 6.4-liter Hemi V-8 engine. A Chevy Colorado Z71 concept truck outfitted for surfers through a partnership with Hurley. And a licensed-reproduction 1966 Shelby GT350 concept by Revology Cars.
Source: The Detroit News

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Past Articles
       
      Quotable
      "When same-brand dealerships compete for customers' business, prices go down, often significantly. Research has shown that this price competition by local dealerships saves consumers, on average, about $500 on the price of a new car — a huge benefit for any consumer purchasing a new car or truck."

          -- Jonathan Collegio, NADA senior vice president of public affairs, in a special advertising section in TIME, Oct. 31

      Sponsored by

      NADA Foundation


      AutoConference LA
      NADA Videos

      NADA Chairman Calls on Dealers to Help Families Rebuild after Flood Disaster in Louisiana


      Dealership Families in Louisiana Still Need Help After Flooding


      NADA Foundation's Annette Sykora Urges Dealers to Donate to Louisiana Relief Fund



      Dealership Employee Jeramiah Baker Recounts Devastating Flood Damage in Baton Rouge


      NADA President Peter Welch Calls on Dealers to Support Families Affected by Louisiana Flooding





      NADA Chairman Delivers Remarks to Automotive Press Association in Detroit


      NADA Testifies at Congressional Hearing on Fuel Economy Rules


      NADA100 Video: Don Wassel Works in Auto Retailing for 53 Years


      Introducing NADA Academy Plus

      NADA Webinars
      Nov. 2: Increase Customer Engagement with the Net Promoter Score (1 p.m. ET)

      NADA members can view past webinars on-demand at no charge at NADA University Online. Members must create an NADA account before viewing.
      NADA Chairman's Commentary
      100 Years of Standing Up for Our Customers
       
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