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January 8, 2018 FacebookTwitterFlickrRSSSEND TO A FRIENDPRINT
Inside this issue
New Tax Reform Law Highlighted at NADA Show 2018 Workshops
Detroit Auto Show to Take Turn Toward Tech
Automakers Have a Waterfall of New Products Coming in '18
Ford CEO Has Big Chance to Forge New Path Amid Underwhelming Vehicle Development
VW 2017 Group Sales Rose to Around 10.7 Million Cars, Beating Toyota
NADA Academy to Hold Advance Service Management Seminar in California from Jan. 22-26
Football Legends to Speak at NADA Show 2018 in Las Vegas
Top Stories
New Tax Reform Law Highlighted at NADA Show 2018 Workshops

The tax reform bill that was signed into law in December 2017 significantly changes how companies and individuals are taxed at the federal level. Last year, there was also a lot of regulatory changes in other areas that impact dealership operations. At NADA Show 2018, NADA's legal and regulatory educational workshop sessions will address these hot topics for dealerships and provide the information needed to stay up-to-date. Click here for a list the workshops that will touch on these timely topics and reserve your spot today at the NADA Show in Las Vegas in March.
Source: NADA

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Detroit Auto Show to Take Turn Toward Tech

As the automotive industry becomes an advanced technology industry, so too must the largest auto show in North America. The 2018 North American International Auto Show at Cobo Center will feature more companies that wouldn't seem very automotive to the average attendee — a sharp contrast to years past and a sign of the melding of consumer electronics, software and cars. The show will feature product unveilings, panel discussions and press previews from the generally not-Motor City businesses of Intel Corp., BlackBerry, political journalism website Politico and others.
Source: Crain's Detroit Business

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Automakers Have a Waterfall of New Products Coming in '18

Despite forecasts that call for U.S. new-vehicle sales to fall short of 17 million in 2018, consumers will see a big array of new and freshly redesigned models coming to market this year. This month's Detroit auto show will confirm that crossovers in all segments remain the big industry play, even as some automakers prepare to unveil redesigned and freshened sedans. But much of the focus in 2018 will be on one of the industry's most profitable segments: pickups.
Source: Automotive News

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Ford CEO Has Big Chance to Forge New Path Amid Underwhelming Vehicle Development

Ford’s new Ranger midsize pickup is expected to be a star at the North American International Auto show later this month, but it won’t arrive in Ford dealerships for more than a year, and more than two years after the automaker announced it would bring the popular truck back. That’s an eternity in the fast-changing car business, and a fundamental problem for Ford.
Source: Detroit Free Press

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VW 2017 Group Sales Rose to Around 10.7 Million Cars, Beating Toyota

Volkswagen group sales probably rose to around 10.7 million cars last year and kept the German behemoth ahead of Toyota as the world’s largest automaker, Bild am Sonntag reported, citing in-house VW estimates. A spokesman at Wolfsburg-based VW declined comment on the report. VW is due to publish official 2017 group sales data on Jan. 17 and will release core financial results in late February.
Source: Reuters

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NADA Academy to Hold Advance Service Management Seminar in California from Jan. 22-26

The NADA Academy's Advanced Service Management seminar will be held at Northwood University in Cerritos, Calif., from Jan. 22-26, 2018. During the week-long seminar, NADA Academy instructor Larry Hourcle will discuss key topics that will help take dealership service departments to the next level. Attendees will analyze and discuss their dealership’s performance and walk away with the tools to make significant process improvements. Key areas covered are: problem identification, current situation assessment, personnel techniques, production techniques, legal requirements in service, shop scheduling and loading, idea session and SWOT analysis and managing by objective. Class size is limited, so register today.
Source: NADA

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NADA Show News
Football Legends to Speak at NADA Show 2018 in Las Vegas


Saban


Theismann

Nick Saban and Joe Theismann are among the numerous speakers slated for NADA Show 2018 in Las Vegas in March.

Saban, the head football coach at The University of Alabama, is one of five keynote speakers. He is considered one of the greatest coaches of all time with five national championship wins and many other accolades. Saban is scheduled to speak at the general session on Friday, March 23.
 
Theismann, a NFL champion quarterback, broadcaster and entrepreneur, is one of four speakers slated for the new Distinguished Speaker Series. His session, “Game Plan for Success,” which draws parallels between winning in football and business, will be held on Saturday, March 24.
 
The NADA Show runs from Thursday, March 22, to Sunday, March 25. Click here to register.
Source: NADA

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Quotable
"We're seeing a much larger contingent of big tech companies for this show. This is really the first time we're showcasing the entire automotive ecosystem — from startups to venture capital to suppliers to automakers — that makes this whole industry run. We think it's unique for auto shows, globally."

    -- Max Muncey, public relations manager for the North American International Auto Show and the Detroit Automobile Dealers Association, Crain's Detroit Business, Jan. 7

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