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June 19, 2017 FacebookTwitterFlickrRSSSEND TO A FRIENDPRINT
Inside this issue
How Jim Hackett Wants to Impact Ford in 100 Days
Automakers Fear Autonomous Policy Vacuum
Automakers 'Destroying Themselves' with Stair-Steps
North America Light-Vehicle Production Grew 9% in May
Franchised Dealers Eye Opportunity in Off Lease
Top Stories
How Jim Hackett Wants to Impact Ford in 100 Days

Ford Motor CEO Jim Hackett knows the clock is already ticking on his tenure and intends to make a difference in his first 100 days. Hackett, 62, who replaced Mark Fields as CEO last month, has begun with a mandate from Executive Chairman Bill Ford to speed up the automaker’s decision-making and wants to instill an increased focus on innovation.
Source: Detroit Free Press

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Automakers Fear Autonomous Policy Vacuum

Pressure grows on Congress to set uniform regs

Autonomous driving technology moves fast. The federal government doesn't. That's why automakers and technology companies are increasingly anxious for Congress to get moving on policies to govern the development and testing of the technology. They want to guard against a tide of inconsistent state laws, or a draconian federal response to a deadly accident, that could jeopardize their investments. "A patchwork of different requirements across states is a recipe for delayed deployment, and delayed realization of the safety and mobility benefits of autonomy," Mitch Bainwol, CEO of the Alliance of Automobile Manufacturers, testified at a Senate Commerce Committee hearing last week.
Source: Automotive News

Editor's note: NADA fully appreciates the public’s concerns regarding the safety of autonomous technologies and is working closely with federal and state governments to see that those concerns are addressed. The members of the Alliance of Automobile Manufacturers and the Association of Global Automakers have adopted a set of automotive privacy principles that represent a proactive industry effort to protect the privacy interests of consumers of connected and automated vehicles. NADA worked with the manufacturer trade associations in the drafting of these principles and we encourage dealers to review and understand the principles, as dealers will play a critical role in explaining those principles and related privacy issues to consumers. NADA recognizes that the success of autonomous systems directly hinges on public acceptance.

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Automakers 'Destroying Themselves' with Stair-Steps

Overproduction is setting up a disaster, says dealer Steve Kalafer

Steve Kalafer makes documentary films. He's working on one about Volkswagen's diesel emissions scandal, Backfire: The Volkswagen Fraud of the Century. He also is the founding chairman of Flemington Car & Truck Country Family of Dealerships in Flemington, N.J., about 60 miles west of New York City. The group's eight rooftops sell 16 brands, including VW, retailing about 18,000 vehicles a year. Kalafer, 67, bluntly denounces some automaker practices, such as stair-step incentive programs. Last year, he sold a profitable Nissan dealership he had owned for 36 years, citing among other problems "the complexity of doing business with them."
Source: Automotive News

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North America Light-Vehicle Production Grew 9% in May

North America light-vehicle production totaled 1,574,207 units in May, rising 9.0% over year-ago’s 1,443,768. Mexico once again saw the most improvement, climbing 19.9% to 330,078 units. Huge gains from both car (+12.3%) and light-truck (+29.8%) assembly brought the country’s share of the region up to 21% from 19% in 2016.
Source: WardsAuto

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Franchised Dealers Eye Opportunity in Off Lease

Off-lease vehicle volume is rising, used-vehicle prices are falling and Brian Benstock, vice-president of Paragon Honda and Paragon Acura, counts it all opportunity. He’s looking forward to selling or leasing new vehicles to consumers when their leases expire and plans to buy a lot of those lower-mileage, off-lease vehicles for his thriving certified used-vehicle operations.
Source: Auto Remarketing

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Quotable
"Every CEO that starts has a 100-day clock ticking. ... So I am working on a 100-day plan that is really coming along nicely."

-- Ford Motor CEO Jim Hackett, Detroit Free Press, June 17

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