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March 28, 2017 FacebookTwitterFlickrRSSSEND TO A FRIENDPRINT
Inside this issue
Itís Not That Auto Dealers Hate Regulations
California's Clean-Air Problem Is a Lot Bigger Than Just Trump
Ford to Invest $1.2 Billion in 3 Michigan Plants
Audi Speeds Up Crossover, SUV Surge
Marking a Major Milestone
Top Stories
Itís Not That Auto Dealers Hate Regulations

"We're looking for clarity and consistency," NADA Chairman Mark Scarpelli says of proposed regulatory reform.

It’s not that auto dealers loathe government regulations that affect them. They say there are too many of laid-down rules of a dubious and repetitious nature. “No one wants to go back to the Wild West; we want regulations that protect our customers,” says Mark Scarpelli, chairman of the National Automobile Dealers Assn. However dealers in recent times have seen a slew of regulations they are expected to comply with, or else.

It’s overwhelming, Scarpelli says at a recent American Financial Services Assn. vehicle-financing conference. “Over the last few years, we’ve gotten hit by so many regulations,” he says. “We don’t have the bandwidth to handle the myriad of them coming our way.” Yet, some regulations make sense, Scarpelli says, citing the Truth in Lending Act as an example.
Source: WardsAuto

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California's Clean-Air Problem Is a Lot Bigger Than Just Trump

A chorus of skeptics is warning a new state objective -- to slash greenhouse-gas emissions by 40 percent from 1990 -- could simply be out of reach, no matter what Washington does. Even if power plants, ports, farms and factories continue to reduce toxic output, there’s little chance of hitting the target without an explosion in green cars and trucks. Fewer than 4 percent in California are zero-emission or plug-in hybrids now, and only because state rules demand it. To get to the 2030 mark, the share may well have to grow tenfold ...
Source: Bloomberg

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Ford to Invest $1.2 Billion in 3 Michigan Plants

Ford Motor Co. will invest $1.2 billion in three Michigan facilities to prepare for production of the all-new Ford Ranger and Bronco, and to support the company’s expansion into mobility. The company said Tuesday it will invest $850 million to retool its Michigan Assembly Plant in Wayne for truck and SUV production; $150 million in its Romeo Engine Plant to expand capacity for several vehicles; and $200 million to build a data center at the company’s Flat Rock Assembly Plant.
Source: The Detroit News

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Audi Speeds Up Crossover, SUV Surge

SUV and crossover sales could account for half of Audi’s total global volume in the future, the automaker’s head of sales and marketing said. A key driver is that the premium brand’s light-truck lineup will grow to seven models by 2019 from four now. Light trucks account for a third of Audi’s total global sales now, with 40 percent in China and 47 percent in the U.S., Dietmar Voggenreiter told journalists at the company’s annual press conference this month.
Source: Automotive News

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Marking a Major Milestone

NADA’s Steve Pitt is featured as the cover story in the March 2017 edition of Trade Show Executive.

Relatively few U.S. associations reach the 100-year mark, so there’s not exactly a playbook for celebrating such as major milestone at a trade show. Steve Pitt, senior vice president of conventions and expos for the National Automobile Dealers Association, spent a year-and-a-half going over every detail to honor the association’s centennial at the NADA convention, held Jan. 26-29 in New Orleans. Click here for the full article.
Source: Trade Show Executive

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Past Articles:
 
Quotable
"We're looking for clarity and consistency."

    -- NADA Chairman Mark Scarpelli, commenting on proposed regulatory reform at a recent American Financial Services Association vehicle-financing conference, WardsAuto, March 28



"There is not a natural level of EV demand that is anywhere close to what California is seeking."


    -- Eric Noble, president of the CarLab, a product-development consulting firm, who has called state policies to reduce greenhouse-gas emissions “a train wreck,” Bloomberg, March 27

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Automotive Forum -- April 11

 
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