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March 29, 2017 FacebookTwitterFlickrRSSSEND TO A FRIENDPRINT
Inside this issue
Trump's Climate Order May Reverberate in Car Industry
Powertrain Innovations Rev Ahead Despite MPG, Emissions Review
April 6 Webinar: FTC Update on Court-Ordered Buyback of Certain VW and Audi Vehicles
Ford to Expand U.S. Production of Trucks and S.U.V.s
Easy Come, Easy Go: Volkswagen Overtaken By Toyota
TIME, Ally Recognize 2017 Dealer of Year
Top Stories
Trump's Climate Order May Reverberate in Car Industry

President Donald Trump signed an executive ordered Tuesday that’s aimed at rolling back a series of climate regulations put in place by former President Barack Obama. The measure is aimed mostly at rules governing coal-powered plants, but its potential impact could be felt by the auto industry. Although Trump’s executive order is unlikely to directly affect auto companies, it does contain language that directs federal agencies to abandon the use of a measurement that was intended to calculate the potential negative economic impacts of carbon dioxide emissions. Under Trump’s new directive, agencies would only consider the positive economic benefits and job creation of potential regulations with little consideration of possibility of environmental harm.
Source: The Detroit News

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Powertrain Innovations Rev Ahead Despite MPG, Emissions Review

While politicians wrestle with setting future fuel economy and emissions standards, engineers at Ford, GM, Hyundai, Honda, Toyota and elsewhere are still finding ways to deliver more power from fewer or smaller cylinders. And that’s no bad thing.
Source: Automotive News

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April 6 Webinar: FTC Update on Court-Ordered Buyback of Certain VW and Audi Vehicles

The Federal Trade Commission (FTC) will provide NADA members with an update regarding the Volkswagen and Audi diesel buyback provisions, including new developments since the September 2016 NADA and FTC webinar.

Date:  Thursday, April 6, 2017
Time:
  12 p.m. ET
Presented by:
  Jonathan Cohen and Sangioon "Simon" Han, FTC
Duration:
  60 minutes

The webinar will cover ongoing issues affecting dealers and consumers, and what to expect over the coming months. Details of the now-final 2.0-liter diesel settlement and the proposed 3.0-liter diesel settlement are available at VWCourtSettlement.com. The webinar is open to dealers and their representatives. Click here to register.
Source: NADA and FTC

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Ford to Expand U.S. Production of Trucks and S.U.V.s

President Trump’s goal of stimulating growth in the American auto industry is getting a big push from the seemingly insatiable appetite of consumers for more trucks and sport utility vehicles. On Tuesday, Ford Motor became the latest car company to announce major investments in its facilities in the United States, prompting Mr. Trump to hail the move as another milestone in his efforts to support domestic auto manufacturing. But the decision by Ford to invest $1.2 billion in three Michigan locations is more about America’s love affair with pickups and S.U.V.s than about economic policies put forth by the Trump administration.
Source: The New York Times

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Easy Come, Easy Go: Volkswagen Overtaken By Toyota

By the end of last year, Volkswagen Group’s dearest wish was fulfilled, and VW was declared world’s largest automaker – at least officially. Two months into the new year, it looks like the win may already be slipping through Volkswagen’s fingers Arch nemesis Toyota Motor Corp reported today global production numbers nearly a quarter million ahead of Volkswagen.
Source: Forbes.com

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TIME, Ally Recognize 2017 Dealer of Year


Ally and TIME celebrate the 2017 TIME Dealer of the Year Carl Swope, president of Swope Toyota in Elizabethtown, Ky., on March 28, 2017. Pictured L to R: Tim Russi, Ally president of auto finance; Andrea Riley, Ally chief marketing officer; Swope; and Dr. William Handley, chairman of the board of Community Health Clinic of Hardin and LaRue counties in Kentucky.

Ally and TIME held a celebration event in Kentucky on Monday to honor the 2017 TIME Dealer of the Year winner — Carl Swope — a second-generation dealer who currently oversees six dealerships representing nine brands in Elizabethtown, Ky., and Radcliff, Ky. Swope and his family of dealerships have particularly supported the Community Health Clinic of Hardin and LaRue Counties since its founding in 2002. In honor of Swope being named dealer of the year, Ally donated a $10,000 grant to the clinic. Swope was first announced as the TIME Dealer of the Year at the NADA Convention in New Orleans on Jan. 27.
Source: Auto Remarketing

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Past Articles:

     
 
Quotable
"Our job is to build and sell more fuel-efficient vehicles that produce less carbon, and when consumers go car-shopping today, they are seeing improved energy efficiency across all models."

    -- Alliance of Automobile Manufacturers, in a statement after President Donald Trump signed Tuesday’s executive order aimed at rolling back a series of climate regulations put in place by former President Barack Obama, The Detroit News, March 28

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