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March 22, 2017 FacebookTwitterFlickrRSSSEND TO A FRIENDPRINT
Inside this issue
Jobs Bounce Debated As Trump Promises CAFE Review
Auto Makers Target China as New U.S. Trade Rules Loom
Mexico Stops Sweating Over Fate of NAFTA
Fiat Chrysler Boss Says 'Waiting in Anticipation' to Meet VW Chief
Webinar Today: Implementing a Courtesy Transportation Program
April 5: NADA Quarterly Briefing on Auto Sales and Economy
Top Stories
Jobs Bounce Debated As Trump Promises CAFE Review

President Trump’s plan to conduct a second midterm review of federal fuel-economy and carbon-dioxide emissions standards arguably sets right a wrong because the previous examination was rushed through with limited industry input, but whether easing those goals will create jobs is considered debatable.
Source: WardsAuto

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Auto Makers Target China as New U.S. Trade Rules Loom

Global car makers push Trump to take a harder line over Chinese regulations that protect local companies

Top auto makers, facing the threat of costly North American trade policy changes, want the Trump administration to take a harder line on a market thousands of miles from their home turf. China’s car business is attractive to outsiders chasing sales growth, but rules protecting local companies dent profits of global auto giants and force them to share technology with potential rivals. The 25% tariff on vehicle imports makes U.S.-built automobiles too expensive for most buyers in the world’s largest auto market.
Source: The Wall Street Journal (subscription required)

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Mexico Stops Sweating Over Fate of NAFTA

Spring couldn’t have come soon enough for Mexican officials who worried that the North American Free Trade Agreement might not survive the winter of Donald Trump’s ascent. So far, cooler heads on both sides of the border have prevailed, paving the way for negotiations later this year that may find the right mix of concessions to keep the trilateral trading bloc alive for another quarter century.
Source: Automotive News

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Fiat Chrysler Boss Says 'Waiting in Anticipation' to Meet VW Chief

Fiat Chrysler Chief Executive Sergio Marchionne said on Tuesday he was looking forward to meeting Volkswagen boss Matthias Mueller to discuss a possible tie-up between the two carmakers but added he hadn't seen his counterpart in six to seven months. Marchionne has long advocated car industry mergers to share the costs of making cleaner and more technologically advanced vehicles and has repeatedly relayed his desire via the media.
Source: Reuters

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Webinar Today: Implementing a Courtesy Transportation Program

Angela Margolit with Bluebird Auto Rental Systems will highlight the benefits of implementing a courtesy transportation program (CTP) at the dealership. Find out the advantages of CTP tools such as reservation planners, computer-generated loaner agreements, interactive dashboards and more. Click here to register.

Date:  Wednesday, March 22, 2017
Time: 12 p.m. ET
Duration: 30 minutes
Source: NADA Dealership Operations

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April 5: NADA Quarterly Briefing on Auto Sales and Economy


Scarpelli


Szakaly

NADA Chairman Mark Scarpelli and NADA Chief Economist Steven Szakaly will share their insights on the overall economy and where it is trending and provide any revisions to NADA’s outlook following the first quarter sales results for new cars and light trucks, as well as highlight the key sales indicators and drivers of the retail-auto industry. NADA has forecast sales of 17.1 million new light vehicles for 2017.

When: Wednesday, April 5, 2017
Call-in Time: 11 a.m. ET

Scarpelli is president of Raymond Chevrolet and Raymond Kia in Antioch, Ill., and co-owner of Ray Chevrolet and Ray Chrysler-Jeep-Dodge-Ram in Fox Lake, Ill.

A Q&A session with members of the media and industry will follow the briefing. Click here to register.
Source: NADA

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Past Articles:
 
Quotable
"Trump could revitalize the auto industry."

    -- Gary Chaison, an industrial relations labor historian at Clark University in Worcester, Mass., WardsAuto, March 21

Sponsored by

Automotive Forum -- April 11

 
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March 22: Implementing a Courtesy Transportation Program (12 p.m. ET)

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