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December 27, 2017 FacebookTwitterFlickrRSSSEND TO A FRIENDPRINT
Inside this issue
Five Predictions for Mobility in 2018
Auto Industry Eyeing Cooler Sales, New Tech in 2018
Detroit's Fierce Pickup Rivalry Gets Fiercer
A Struggling Hyundai Jumps on the Crossover Bandwagon to Reverse its Fortunes in 2018
Dealership Managers and Directors Encouraged to Attend the Upcoming NADA Show in Las Vegas
Top Stories
Five Predictions for Mobility in 2018

General Motors, Ford Motor Co., BMW, Nissan and most other automakers laid out their plans for deploying autonomous vehicles — with many setting ambitious targets within the next five years. Some of these plans included ride-hailing pilots to study how consumers react and use the technology, and validate it before bringing it to market on a wide scale.
Source: Automotive News

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Auto Industry Eyeing Cooler Sales, New Tech in 2018

After a dip in U.S. auto sales this year, automakers likely will face some retail challenges in 2018. But much of the industry’s focus will be on advancing self-driving cars and other new technologies. “We still see a very strong market that’s above trend,” said Michelle Krebs, executive analyst for Cox Automotive’s Autotrader, estimating that 2018 sales will hit 16.6 million to 16.8 million vehicles.
Source: FoxBusiness.com

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Detroit's Fierce Pickup Rivalry Gets Fiercer

Pickups have long been the U.S. auto industry's hardest-fought sector, with stakes so high that no potential advantage is seen as too costly and no gain goes uncontested. But the competition will be even more heated in 2018 as Ford, General Motors and FCA US pursue new strategies for their truck lineups. The full-size pickup segment has grown 5.5 percent through November, while the overall light-truck market — which includes crossovers and SUVs — is up 4.7 percent, according to the Automotive News Data Center.
Source: Automotive News

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A Struggling Hyundai Jumps on the Crossover Bandwagon to Reverse its Fortunes in 2018

[H]yundai plans to turn around its grimace-inducing U.S. sales in 2018. “Pretty soon we are going to have the most diverse CUV powertrain lineup in the industry,” said Mike O'Brien, vice president of product planning for Hyundai Motor America, in a statement.
Source: Forbes.com

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NADA Show News
Dealership Managers and Directors Encouraged to Attend the Upcoming NADA Show in Las Vegas

The first step is getting approval from the boss.

The NADA Show (formerly the NADA Convention & Expo) is not just for dealer principals. That’s why NADA is encouraging dealership managers and directors to have frank discussions with their bosses, or vice versa, about attending the upcoming NADA Show.

Shirley Quinn, fixed operations manager at Laurel Toyota in Johnstown, Pa., has worked in the retail-auto industry for more than 40 years. She has attended the past nine conventions with her management team from the dealership group.

“Whether you are a seasoned manager or a new manager, my advice is to attend the NADA Show,” said Quinn. “The educational workshop topics are new year to year and based on the ever changing automotive world we live in.”

All dealership managers and directors -- in sales, marketing, e-commerce/internet, social media, CRM, BDC, CPO, fixed operations and finance and insurance -- are encouraged to take a close look at the workshop schedule.

NADA Show 2018 returns to Las Vegas from Thursday, March 22, to Sunday, March 25, offering 60 new workshops, which include the six traditional tracks, the new Distinguished Speaker Series, Super Session and Specialty Workshop. In all, there are 102 workshop sessions as well as the keynote speaker sessions, sold out Expo and numerous networking events.

"It’s team building for the managers who attend the NADA Show," Quinn added. "And we bring this information back to the dealership and share it with the other sales, service, parts and body shop managers from our stores. We benefit so much from it."

Dealership managers and directors can click here for a four-step guide on how to get approval from the boss to attend the NADA Show.

Click here to register and book your stay at a preferred hotel.
Source: NADA

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Quotable
"The pickup truck segment has reached into a hypercompetitive mode, and consumers are benefiting from more power, improved fuel economy and increased comfort."

    -- Dave Sullivan, senior analyst at AutoPacific, Automotive News, Dec. 25

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