View Web Version

NADA.org
September 25, 2017 FacebookTwitterFlickrRSSSEND TO A FRIENDPRINT
Inside this issue
Let Consumers Decide on EVs
NAFTA Talks Intensify; U.S. Seen Putting Off Key Demand on Autos
GM to Furlough 3rd Shift at Spring Hill Plant
Cadillac's Project Pinnacle Loosens Up
Driverless Cars May be Appealing. But They Could be Used Against Us.
Put Procedures in Place to Keep Your Security Current and Address Vulnerabilities That May Arise
Top Stories
Let Consumers Decide on EVs
 
China is jumping on the bandwagon by not only encouraging electric vehicles but by saying that at some point, cars running on gasoline or diesel fuel will be banned. Such an edict would not be very smart. More importantly, it wouldn't take into account the real world. It would be tough to ban the sale of such cars unless you were willing to grind the economy to a screeching halt.
 
France and the United Kingdom are proposing similar moves. Once again, governments around the world are deciding what is best for their citizens without taking the desires of those same folks into account.
 
For EVs to be successful, the public is going to have to want to buy them in much larger quantities than today. That may happen someday, but governments can't make it happen by fiat. Change is coming to the automobile industry, but let us hope that consumers drive it — not governments.
Source: Automotive News

[back to top]

NAFTA Talks Intensify; U.S. Seen Putting Off Key Demand on Autos
 
Talks to update the North American Free Trade Agreement intensified on Saturday although U.S. negotiators looked set to once again withhold proposals for one of the Trump administration’s most challenging issues.
 
One key issue is the U.S. desire to strengthen rules of origin for autos, which dictate how much of a vehicle’s components must originate from within North America to qualify for tax free status. The American side did not mention a specific goal in the first two rounds and Canada’s chief NAFTA negotiator on Saturday said he did not think the United States would provide more details during the Ottawa round.
 
According to a schedule of the talks obtained by Reuters, rules of origin will be discussed on Tuesday and Wednesday.
Source: Reuters

[back to top]

GM to Furlough 3rd Shift at Spring Hill Plant
 
General Motors is laying off the third shift at its Spring Hill, Tennessee, SUV factory as it deals with a slowing U.S. auto market. About 1,000 people work on the overnight shift, but not all will lose their jobs when it ends Nov. 27. Company spokesman Tom Wickham said GM is still determining how many permanent and temporary workers will be furloughed. The layoffs will be indefinite.
 
GM also confirmed Friday that it’s investing $294 million in the factory to build a new Cadillac SUV. It likely will be a compact to give GM’s luxury brand an entry in the hottest part of the U.S. market.
 
The Spring Hill plant makes the Cadillac XT5 and GMC Acadia midsize SUVs, both of which have had strong sales this year. XT5 sales more than doubled compared with the first eight months of 2016, while Acadia sales are up 45 percent. But inventories of the SUVs have grown. GMC has enough Acadias to supply dealers for 105 days worth of sales, while Cadillac has a 68-day supply of XT5s, according to Ward’s Automotive. Automakers consider a 60-day supply to be optimal.
Source: The Detroit News

[back to top]

Cadillac's Project Pinnacle Loosens Up
 
Virtual inventories, 24-hour roadside assistance and brand reputation consultants are — for now — no longer requirements of Project Pinnacle, Cadillac's ambitious and contentious program to overhaul its dealership operations.
 
Cadillac has again modified several of the standards to allow dealers to make a smoother transition into Pinnacle's new incentive programs. The overall structure and quarterly dealer rewards remain, but some brand-standard requirements and costs have been reduced, according to Cadillac executives and an updated September 2017 program guide obtained by Automotive News.
 
The changes range from top-tier dealers not being required to work with "reputation management" companies to the smallest dealers being allowed to keep physical vehicle inventories. A previously reported "exceptions process" also was implemented for the program, which launched April 1.
Source: Automotive News

[back to top]

Driverless Cars May be Appealing. But They Could be Used Against Us.
 
Driverless vehicles may not be all they’re cracked up to be. Indeed, they may be harmful to our collective security and well-being...
 
A clear danger would be digital hacking. In a recent special section on cybersecurity, a writer for the Wall Street Journal put it this way:
  • “As vehicles fill up with more digital controls and internet-connected devices, they’re becoming more vulnerable to cybercriminals, who can hack into those systems just like they can attack computers. Almost any digitally connected device in a car could become an entry point to the vehicle’s central communications network, opening a door for hackers to potentially take control by, for instance, disabling the engine or brakes.”
 
There is a disturbing relationship here: The more we depend on digital technology for everyday business and pleasure, the more we become vulnerable to potentially catastrophic disruptions. Cars and trucks are but the latest examples.
Source: Washington Post

[back to top]

Put Procedures in Place to Keep Your Security Current and Address Vulnerabilities That May Arise
 
“Sound data security is a process, not a checklist.” We’ve all heard that slogan – and with good reason. The way that sensitive information moves into, through, and out of your company’s networks or the software products you develop is ever-evolving. So, too, are the risks that hackers and data thieves pose as they adapt to the countermeasures you take to foil their efforts. Approaching data security with a one-and-done attitude ignores the here-and-now realities you face. That’s why Start with Security recommends that companies put procedures in place to keep your security current and address vulnerabilities that may arise.
Source: FTC

[back to top]

 
Quotable
"For EVs to be successful, the public is going to have to want to buy them in much larger quantities than today. That may happen someday, but governments can't make it happen by fiat."

    -- Keith Crain, Editor-in-Chief of Automotive News, Sept 25

Sponsored by





MyDealership.org Videos




 

NADA Videos

Introducing NADA Academy Plus

 

Upcoming NADA Webinars
Sept. 27 -- Top 7 Action Tips to Improve Dealership Sales (12 pm)

NADA members can view past webinars on-demand at no charge at NADA University Online. Members must create an NADA account before viewing.

Search Back Issues | Unsubscribe | Subscribe | Manage your subscription | email us
NADA For more info, visit nada.org. Any opinions or statements contained herein do not necessarily reflect the views of NADA. Factual errors are the responsibility of the listed publication. This email may contain an advertisement of NADA products and services. Questions or comments concerning NADA Headlines content may be directed to publicaffairs@nada.org. To unsubscribe from future editions of NADA Headlines, click here or contact NADA, 8400 Westpark Drive, Tysons, VA 22102.