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August 17, 2017 FacebookTwitterFlickrRSSSEND TO A FRIENDPRINT
Inside this issue
U.S. Takes Hard Line as NAFTA Talks Kick Off
New Ford CEO Says Company Will Balance Present with Future
FCA Takes Different Path to Self-Driving Future Than Ford, GM
Hyundai Plans Long-Range Premium Electric Car in Strategic Shift
He Pioneered Dealership Customer Experience Six Decades Ago
Top Stories
U.S. Takes Hard Line as NAFTA Talks Kick Off

The U.S. government isn't interested in incremental changes to the North American Free Trade Agreement and instead will pursue a major overhaul of the treaty that includes tighter rules of origin to address deficits in merchandise trade with Canada and Mexico, U.S. Trade Representative Robert Lighthizer said. "President Trump is not interested in a mere tweaking of a few provisions and a couple of updated chapters," Lighthizer said [in Washington, D.C.] in remarks opening the first round of renegotiation talks. "We feel that NAFTA has fundamentally failed many, many Americans and needs major improvement."
Source: Automotive News

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New Ford CEO Says Company Will Balance Present with Future

The new CEO of Ford Motor Co. says the company isn't taking its eyes off the present as it prepares for transportation in the future. Jim Hackett, who replaced Mark Fields in May, says new mobility projects such as buying a shuttle company and the purchase of an artificial intelligence startup have not taken money from car and truck development. Responding to criticism from dealers and investors about an aging product lineup, Hackett says that more new vehicles are in the pipeline.
Source: The Associated Press

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FCA Takes Different Path to Self-Driving Future Than Ford, GM

In the world of self-driving vehicle research, Fiat Chrysler Automobiles is taking the team approach while cross-town rivals Ford and General Motors appear willing to tackle the new frontier more on their own. Wednesday's announcement that FCA is joining a group made up of BMW, Intel and Mobileye to develop an autonomous vehicle platform together further solidifies that distinction.
Source: Detroit Free Press

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Hyundai Plans Long-Range Premium Electric Car in Strategic Shift

Hyundai Motor Co. said on Thursday it was placing electric vehicles at the center of its product strategy - one that includes plans for a premium long-distance electric car as it seeks to catch up to Tesla and other rivals. The South Korean automaker is planning to launch an electric sedan under its high-end Genesis brand in 2021 with a range of 310 miles per charge.
Source: Reuters

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He Pioneered Dealership Customer Experience Six Decades Ago

Renowned Southern California car dealer Bert Boeckmann is 86, still works 40 hours a week and ranks “as the most honest man I know,” says his son, Beau. The father, a pioneer in delivering a first-rate automotive customer experience, is chairman and CEO of Galpin Motors, a 12-franchise dealership group based in the San Fernando Valley.
Source: WardsAuto

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Quotable
"We think dealers are really going to be happy with the vehicles we've got coming this year and what we've got in the hopper."

    -- Jim Hackett, CEO of Ford Motor Co., commenting on its product lineup, The Associated Press, August 17

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