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April 10, 2017 FacebookTwitterFlickrRSSSEND TO A FRIENDPRINT
Inside this issue
NADA / J.D. Power to Live Stream 2017 Automotive Forum on April 11
Dealers Fear Losing Control as Factory Incentives Burgeon
Toyota Announces $1.33 Billion Investment in Kentucky Plant
What Do You Do With Half a Million Rigged VWs?
New York Auto Show: It's Goodbye Small and Hello Big
Top Stories
NADA / J.D. Power to Live Stream 2017 Automotive Forum on April 11

NEW YORK -- The attention of global automotive industry shifts to New York with week long events starting with the 2017 Automotive Forum.
 
The full-day Automotive Forum, hosted by NADA, J.D. Power and the New York International Auto Show, will be held at the Grand Hyatt New York on Tuesday, April 11.
 
A select portion of the forum will be live streamed. Here's the schedule:

  • 11 a.m. -- Mike Jackson, chairman and CEO of AutoNation
  • 1:20 p.m. -- Mark Scarpelli, NADA chairman
  • 2:20 p.m. -- Bob Carter, senior vice president of automotive operations for Toyota Motor Sales
  • 3:15 p.m. -- “Regulation in the Trump Era” with Mitch Bainwol, president and CEO of the Alliance of Automobile Manufacturers; John Bozzella, president and CEO of Global Automakers; Peter Welch, NADA president and CEO; followed by a Q&A with Mike Allen, co-founder and executive editor of AXIOS 
  • 3:55 p.m. -- Joe Hinrichs, executive vice president and president of The Americas for Ford Motor Company will sit down for a fireside chat with Jason Stein, publisher of Automotive News

To view the live stream, click here.
Source: NADA

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Dealers Fear Losing Control as Factory Incentives Burgeon

Each quarter, dealer Steve Kalafer grudgingly participates in factory incentive programs put in place by some of the 16 brands in his group. If he didn't, his new-car departments, and in some cases entire dealerships, would be unprofitable, he says.
Source: Automotive News

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Toyota Announces $1.33 Billion Investment in Kentucky Plant

Toyota says it's investing $1.3 billion to retool its sprawling Georgetown, Kentucky, factory where its flagship Camry sedans are built. The automaker said Monday that no new factory jobs are being added, but the investment will sustain the existing 8,200 jobs at Toyota's largest plant, where nearly one-fourth of all Toyota vehicles produced in North America are made.
Source: Associated Press

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What Do You Do With Half a Million Rigged VWs?

Volkswagen AG is making progress settling U.S. legal claims from its emission-cheating scandal, but one challenge looms unresolved: What to do with the hundreds of thousands of diesel cars it is being forced to buy back?
Source: Bloomberg

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New York Auto Show: It's Goodbye Small and Hello Big

The auto industry has always had a knack for rolling out new models at just the wrong time. Some fear that's about to happen again. When gas prices spiked past $4 a gallon in 2008, automakers realized they lacked smaller, more efficient cars like hybrids that embraced gas-saving technologies. In the past few years, automakers bet that midsize and compact sedans would reign supreme only to discover that buyers really wanted big SUVs again as gas prices fell.
Source: USA Today

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Past Articles:
 
Quotable
"The country has gone SUV crazy."

    --  Ian Beavis, chief strategy officer for auto industry consulting firm AMCI, Detroit Free Press, April 10  

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Automotive Forum -- April 11

 
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