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November 17, 2016 FacebookTwitterFlickrRSSSEND TO A FRIENDPRINT
Inside this issue
U.S. Dealerships Face Evolution, Not Revolution, Expert Says
Hyundai Readies 'Green' Vehicle Push
One Problem With Self-Driving Cars? Other Drivers
NADA: U.S. New Car Sales Will Fall to 17.1M in 2017
As America Shifts to SUVS, So Does the L.A. Auto Show
Top Stories
U.S. Dealerships Face Evolution, Not Revolution, Expert Says


Glenn Mercer speaks at AutoConference LA, hosted by NADA and J.D. Power, on Nov. 15, 2016.


The typical U.S. car dealership will see evolution, but not revolution, over the next 10 years, says a consultant hired by the National Automobile Dealers Association to study the future of dealerships. “We see change coming to the dealership but not a disruptive overthrow of the business model,” consultant Glenn Mercer said Tuesday at AutoConference LA. The goal of the research was to look at the state of auto retailing in 2025. NADA commissioned the study in March as a way to stimulate long-term thinking and planning among dealers, said Mercer, a former McKinsey & Co. partner who previously studied automaker facility programs for NADA. He presented key findings Tuesday. His report is being finalized and will be released to dealers at a later date.
Source: Automotive News

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Hyundai Readies 'Green' Vehicle Push

Hyundai Motor America plans to release 14 new alternative-fuel models in the U.S. by 2020 to meet looming CAFE and ZEV targets, according to CEO Dave Zuchowski. The forthcoming green additions are for Hyundai only and not the luxury Genesis division and will include five hybrids, four plug-in hybrids, four electric vehicles and one fuel cell vehicle, Zuchowski announced Tuesday afternoon at AutoConferenceLA, an annual event hosted by JD Power and NADA in downtown Los Angeles on the eve of the Los Angeles auto show.
Source: Automotive News

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One Problem With Self-Driving Cars? Other Drivers

When will fully self-driving cars hit the market? Opinions vary. Nobody really knows exactly when fully self-driving cars — the sort that qualify for SAE International's Level 4 or Level 5 status — will hit the mass market. Significant technology and regulatory hurdles remain. Mercedes-Benz's Dietmar Exler has another wrinkle: everyone else on the road. Exler, who heads up the luxury brand's U.S. arm, spoke at AutoConference LA, an event hosted by the National Auto Dealers Association and J.D. Power and Associates on the eve of the 2016 Los Angeles Auto Show. As Exler explained, the M.O. of any self-driving technology is safety.
Source: Cars.com

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NADA: U.S. New Car Sales Will Fall to 17.1M in 2017

The National Automobile Dealers Association is predicting U.S. new car sales will fall to 17.1 million next year, down from a pace of around 17.4 million this year. “We are headed toward a stable market for U.S. auto sales, not a growing market,” Steven Szakaly, chief economist of NADA, said in a statement. He spoke at a conference ahead of the Los Angeles Auto Show. “The industry has achieved record sales, and pent-up demand is effectively spent.” Szakaly said the industry will continue to sell more light trucks. He predicts those vehicles will represent about 60 percent of the market next year.
Source: The Detroit News

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As America Shifts to SUVS, So Does the L.A. Auto Show

America's shift from cars to SUVs is starting to look permanent, and automakers are scrambling to meet the demand. Toyota, Ford, Subaru, Jeep and Volkswagen are all showing new SUVs at this week's Los Angeles Auto Show. Even traditional luxury car makers like Jaguar and Alfa Romeo are debuting SUVs at the show, which opens to the public on Friday. Americans bought more SUVs than four-door cars for the first time last year, and the momentum is growing, according to registration data from IHS Markit.
Source: The Associated Press

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Past Articles
       
      Quotable
      "It’s still a great year. Plus-17 million is fantastic, especially when you think about the mix, which still going to be probably 60-40 in favor of light trucks."

          -- Steven Szakaly, NADA chief economist, commenting on the outlook for 2017, Bloomberg, Nov. 15
       
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