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Inside this issue
Commentary: Stair-Steps Are the Elephant in the Room That Canít Be Ignored
Temporary Layoffs Show a Summer of Uncertainty is Ahead for Automakers
Automotive News Editorial: Challenges to the Industry Go Beyond Tumbling Sales
VW Sweetens the Deal for Unsold U.S. Diesels
April Seems to be Positive Sign for Used-Car Market
Top Stories
Commentary: Stair-Steps Are the Elephant in the Room That Canít Be Ignored
By Mark Scarpelli

When ["stair-step incentive programs"] are implemented they often negatively affect our businesses, the value of our brands and our collective integrity. Moreover, they lead to multitier pricing and tend to be more disruptive than beneficial to the marketplace. Most importantly, we know that they're incredibly detrimental to the customer experience and customers' trust in the brand.

The National Automobile Dealers Association is confronting this issue head-on. The ongoing proliferation of market strategies -- such as indiscriminate price coupons and others -- is extremely complicated and not consumer-friendly. And some programs are not available to everyone, so dealerships of different sizes or in different locations can be at an extreme disadvantage compared with dealerships that use these programs.

Click here for the full commentary.
Source: Automotive News

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

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Temporary Layoffs Show a Summer of Uncertainty is Ahead for Automakers

Ford announced production cuts in Ohio, and some suspect there will be more ahead throughout the summer at other auto plants around the country. Across the industry, inventory levels are rising, now standing at 75 days, according to JPMorgan.
Source: CNBC

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Automotive News Editorial: Challenges to the Industry Go Beyond Tumbling Sales

The U.S. auto industry must adapt to the changing business environment, shifting from keeping up with expanding demand to the greater challenge of remaining profitable while building and selling fewer vehicles.
Source: Automotive News

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VW Sweetens the Deal for Unsold U.S. Diesels

Volkswagen is offering sweet deals to entice drivers to buy its remaining diesel cars in stock at U.S. dealers after receiving clearance from federal regulators to sell its 2-liter TDI diesels from the 2015 model year.
Source: The Detroit News

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April Seems to be Positive Sign for Used-Car Market

When it comes to used-car prices, the sky might not be falling after all, if indications from a Manheim report bear out. The auction company’s index measuring used-car prices increased for the first time all year, and the used retail market buzzes along at a solid clip.
Source: Auto Remarketing

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Quotable
"There is no doubt that auto retailers all want a healthy outcome -- dealerships brimming with sales and happy customers and moving inventory. But at what cost?"

    -- NADA Chairman Mark Scarpelli, commenting on unfair stair-step incentive programs, Automotive News, May 8

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