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Inside this issue
U.S. Lawmakers Propose Making It Easier to Meet Auto Fuel Rules
GM Is Said to Cut More Car Output as U.S. Drivers Pick SUVs
Analysts Applaud Ford's Move Away from Sedans
Mercedes Triples BMW Gains to Tighten Hold on Luxury-Car Crown
NADA Show: Early-Bird Discount Registration Ends Nov. 17
Top Stories
U.S. Lawmakers Propose Making It Easier to Meet Auto Fuel Rules

A bipartisan pair of Michigan lawmakers introduced a bill to make it easier for automakers to comply with federal fuel efficiency requirements, as the Trump administration considers softening standards that require nearly doubling the fuel economy of the U.S. new vehicle fleet by 2025.

The proposal, introduced late on Wednesday, would extend the life of fuel economy credits that would currently expire after five years, lift a cap on transferring credits between car and truck fleets and award automakers credits for emissions reductions not measured by existing test procedures.

The measure proposed by Representatives Fred Upton, a Republican, and Debbie Dingell, a Democrat, would also grant an industry wish by requiring that the Environmental Protection Agency and the National Highway Traffic Safety Administration reconcile their respective fuel economy standards so the industry can comply with just one set of rules.
Source: Reuters

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GM Is Said to Cut More Car Output as U.S. Drivers Pick SUVs

General Motors Co. will idle a Detroit car factory for six weeks later this year to pare inventory before making permanent production cuts because of slowing sales, according to a person familiar with the plan. Following the temporary shutdown at its Detroit-Hamtramck plant, GM will slow the assembly line by 20 percent and dismiss 200 workers, said the person, who asked not to be named because employees hadn’t yet been informed of the decision.
Source: Bloomberg

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Analysts Applaud Ford's Move Away from Sedans

Ford Motor Co. is doubling down on trucks and SUVs. But is the Blue Oval making the same mistake it made 17 years ago? Not even close, experts say. CEO Jim Hackett’s plan to divert money from passenger cars to more profit-rich trucks and SUVs aims to fund larger investments in mobility and autonomous vehicles.
Source: The Detroit News

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Mercedes Triples BMW Gains to Tighten Hold on Luxury-Car Crown

Mercedes-Benz widened its lead in global luxury-car sales as the revamped E-Class sedan and a range of fresh sport utility vehicles fueled growth that outpaced BMW and Audi. Deliveries at Daimler AG’s Mercedes jumped 12 percent to 1.72 million vehicles in the first nine months of 2017. The growth rate was triple the 3.9 percent increase posted by BMW AG’s namesake brand, which sold 1.54 million cars. Volkswagen AG’s Audi slipped further back, with a 2 percent decline to 1.38 million autos in the period.
Source: Bloomberg

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NADA Show 2018 News
NADA Show: Early-Bird Discount Registration Ends Nov. 17

 

Don't miss this opportunity to build on the proud history of America's auto dealers

Online registration and hotel selection for NADA Show 2018 in Las Vegas is now open. NADA member dealers and their managers who register by Nov. 17 will receive an early-bird discount of $100 from the onsite registration rate.

The NADA Show runs from Thursday, March 22, to Sunday, March 25. Keynote speakers are Mark Scarpelli, 2017 NADA chairman, and Nick Saban, head football coach at the University of Alabama (Friday’s general session); Wes Lutz, 2018 chairman-elect, and John Krafcik, CEO of Waymo Inc. (Saturday’s general session); and Robert O’Neill, former SEAL Team Six Leader (Sunday’s inspirational session).

The show also includes educational programs, dealer-franchise meetings, an expo and numerous networking opportunities.

For more information and to register, visit www.nadashow.org.
Source: NADA Public Affairs

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Quotable
"The idea that people will run back to cars was true 10 years ago, 15 years ago, but that’s just really not true now. You just get so much more benefit with an SUV, and now you don’t really get any downside like you used to."

    -- Karl Brauer, an analyst with Cox Automotive, The Detroit News, Oct. 12

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