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January 6, 2017 FacebookTwitterFlickrRSSSEND TO A FRIENDPRINT
Inside this issue
Trump Attacks Toyota for Expanding in Mexico to Sell in U.S.
Nissan CEO: Automakers Will Adapt to Trump Presidency
CPO Market Reaches 6th Straight Best-Ever Year
New Models Ready for Their Close-Up at Auto Show
Top Stories
Trump Attacks Toyota for Expanding in Mexico to Sell in U.S.

President-elect Donald Trump set his sights Thursday on Toyota, attacking the Japanese automaker for expanding in Mexico to sell more vehicles to Americans, as he builds support for his proposed tariff on vehicles imported to the U.S. The attack heightens tension between Trump and the auto industry over vehicles that are made in foreign markets for sale to American consumers.
Source: USA Today

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Nissan CEO: Automakers Will Adapt to Trump Presidency

Automakers will “adapt” to any new regulations implemented during President-elect Donald Trump’s presidency, according to Nissan Motor Co. CEO and Chairman Carlos Ghosn. The leader of the Japanese automaker said automakers must “be patient” to see what, if any, changes actually happen with the North American Free Trade Agreement or other campaign promises by the billionaire businessman. But they are “pragmatic,” and will adjust, he said.
Source: The Detroit News

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CPO Market Reaches 6th Straight Best-Ever Year

Make it six straight years of record certified pre-owned vehicle sales. Autodata Corp. reported Thursday that there were 2.64 million CPO sales in 2016, another best-ever sum for this rapidly expanding market. That beats year-ago figures by 3.5 percent, according to Autodata.
Source: Auto Remarketing

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New Models Ready for Their Close-Up at Auto Show

The Detroit auto show rolls into town Sunday for a two-week stay that promises something for everyone: futuristic self-driving cars, Detroit classics, the latest sport utilities, state-of-the-art sports cars ... even a life-size version of “Cars 3” star Lightning McQueen. Some 5,000 journalists from around the world will attend over 40 new-car reveals on Sunday and Monday. On Jan. 13, the show will roll out the red carpet for the glitzy Charity Preview ball, which has raised over $41 million for children’s charities in the last decade.
Source: The Detroit News

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Past Articles
       
      Quotable
      "All carmakers are going to be watching very carefully starting Jan. 20; what’s going to be the new policy, what are going to be the rules — particularly the North American rules? And we will abide by them."

          -- Nissan Motor Co. CEO and Chairman Carlos Ghosn, commenting on new regulations implemented during President-elect Donald Trump’s presidency, The Detroit News, Jan. 5

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