View Web Version

SPONSORED BY
NADA.org
November 22, 2016 FacebookTwitterFlickrRSSSEND TO A FRIENDPRINT
Inside this issue
Volkswagen Puts Conquering Americas at Heart of Turnaround Plan
Honda CEO Says to Stick with North American Production Plans for Now
Ford Is Moving Fast to Create Mobility Partnerships
FCC Issues ‘Robotext’ Advisory Under the TCPA
Audi’s China Dealers Seek to Block Deal With SAIC Motor
Racing Legends Roger Penske and Helio Castroneves Added to NADA Convention Speaker Lineup
At the Los Angeles Auto Show, an Industry Ponders Its Digital Future
Top Stories
Volkswagen Puts Conquering Americas at Heart of Turnaround Plan

Volkswagen is putting the Americas at the heart of the turnaround plan for its core VW brand, pinning its hopes on new higher-margin SUVs and electric cars to rebuild its image following the diesel emissions cheating scandal.


Hinrich Woebcken, president and CEO of Volkswagen Group of America and CEO of VW’s North American Region, offers new details about its commitment to North America and its evolving product lineup of SUVs at AutoConference LA, presented by NADA and J.D. Power, on Nov. 15, 2016. (Photo: NADA)


Europe's biggest carmaker is battling to recover from the biggest business crisis in its history after admitting last year to cheating U.S. diesel emissions tests. Key to this will be a turnaround plan for its mass-market VW brand, which accounted for 59 percent of group auto sales in 2015 but just 16 percent of underlying operating profit.

On Tuesday, brand chief Herbert Diess set out more details of its plans, and said conquering U.S. and South American markets would be a major goal. Diess, a former BMW executive, said he planned to focus on the fast-growing and higher-margin SUV market in the United States, with the brand aiming to have 19 SUV models globally by 2020, up from just 2 now.
Source: Reuters

[back to top]

Honda CEO Says to Stick with North American Production Plans for Now

Honda Motor Co. will stick with its North American production plans as it waits to see if U.S. President-elect Donald Trump will follow through on a campaign pledge to dump the North American Free Trade Agreement (NAFTA) when he takes office, the automaker's CEO said on Monday. "It is still unclear what Trump's policies will be. We can't suddenly make production changes and that is a problem not just for us but for all automakers in the U.S.," Takahiro Hachigo said at a briefing in Tokyo on Monday.
Source: Reuters

[back to top]

Ford Is Moving Fast to Create Mobility Partnerships

Ford is moving fast to seize opportunities with cities to reduce traffic congestion in cities as it strives toward becoming a mobility company. The Dearborn automaker and businessman Michael Bloomberg reached an agreement to work together less than a month after the former New York mayor announced the creation of a new philanthropic organization that will help cities prepare for self-driving cars and how best to use them to address city challenges.
Source: Detroit Free Press 

[back to top]

FCC Issues ‘Robotext’ Advisory Under the TCPA

The FCC’s Enforcement Bureau has issued an advisory outlining the limits on the use of autodialed text messages, known as “robotexts.”  It details the restrictions on certain text messages to consumers under the Telephone Consumer Protection Act. Click here for the advisory.
Source: FTC


[back to top]

Audi’s China Dealers Seek to Block Deal With SAIC Motor

Dealers plan to demand compensation for potential lost sales and threaten to refuse new Audi cars

Audi AG dealers in China have threatened to take action against an agreement that paves the way for the country’s largest auto maker to build and sell Audi vehicles there, fearing it would dilute already thinning profits as sales slow. If the German auto maker doesn’t call off its agreement to explore a tie-up with  SAIC Motor Corp., China’s largest auto maker by sales, the dealers said they would demand “tens of billions of yuan” in compensation for potential lost sales. They have also threatened to not accept new Audi vehicles from December, some of the dealers told The Wall Street Journal on Tuesday.
Source: The Wall Street Journal
 

[back to top]

Racing Legends Roger Penske and Helio Castroneves Added to NADA Convention Speaker Lineup



Motorsports legends Roger Penske, chairman of Penske Corporation, and Helio Castroneves, three-time IndyCar Series winner at the Indianapolis 500 for Team Penske Racing, take the stage on Saturday, January 28, for an intimate conversation with Keith Crain, editor-in chief of Automotive News, during the 2017 NADA Convention and Expo in New Orleans.

“As NADA celebrates its centennial, it’s a wonderful honor for it to salute Roger Penske on 50 years of motorsports along with Helio Castroneves, who is an icon at Indianapolis as well as becoming a participant in an auto dealership,” said Crain, who is also chairman of Crain Communications, Inc. “NADA’s 100th anniversary is a milestone for auto dealers across this nation.”

For the full schedule, click here. To register, click here.
Source: NADA Public Affairs

[back to top]

At the Los Angeles Auto Show, an Industry Ponders Its Digital Future

For decades, the car business has been about style, performance, image and fuel efficiency. But suddenly, the industry is in a technological and sociological upheaval that may force automobiles — and the companies that make them — to change more in the next five years than they have in the last 50. That was evident in this week’s AutoMobility LA conference, an event held by the organizers of the Los Angeles Auto Show, which will continue over the next two weeks.
Source: The New York Times

[back to top]

Past Articles
       
      Quotable
      "Over the next few years, Volkswagen will change radically. Very few things will stay as they are. The electric car will become the strategic core of the VW brand."

          --  VW brand chief Herbert Diess, Bloomberg, Nov. 22
       
      Sponsored by

      NADA Foundation


      NADA Videos

      NADA Produces Five-Part Video Series on Flood Relief Efforts in Baton Rouge


      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. 30: Where is the Buy/Sell Market Headed? (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
       
      Search Back Issues | Unsubscribe | Subscribe | Manage your subscription | email us
      NADA For more info, visit nada.org. Any opinions or statements contained herein do not necessarily reflect the views of NADA. Factual errors are the responsibility of the listed publication. This email may contain an advertisement of NADA products and services. Questions or comments concerning NADA Headlines content may be directed to publicaffairs@nada.org. To unsubscribe from future editions of NADA Headlines, click here or contact NADA, 8400 Westpark Drive, Tysons, VA 22102.