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January 30, 2018 FacebookTwitterFlickrRSSSEND TO A FRIENDPRINT
Inside this issue
U.S. January Auto Sales Seen Up Slightly - J.D. Power and LMC
U.S. Aims to Keep Alignment With California on Auto Mileage Rules
Waymo Buys ‘Thousands’ More Chrysler Vans for Driverless Service
Autotrader Revamps to Prepare for Digital Retailing
Renault-Nissan-Mitsubishi Claims Top World Car Sales
Top Stories
U.S. January Auto Sales Seen Up Slightly - J.D. Power and LMC

U.S. auto sales in January likely rose 0.8 percent from the same month in 2017 as automakers continued offering high consumer discounts to sell vehicles, industry consultants J.D. Power and LMC Automotive said on Monday. January U.S. new vehicle sales will likely be about 1.153 million units, an increase of around 0.8 percent from 1.141 million units a year earlier, the consultancies said.
Source: Reuters

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U.S. Aims to Keep Alignment With California on Auto Mileage Rules

The Trump administration hopes to keep federal car-emissions standards aligned with California’s as U.S. and state officials conduct crucial talks on reviewing the rules, a top Environmental Protection Agency official said. “The overarching goal of those conversations is to maintain or retain one national program,” Bill Wehrum, the assistant administrator of the EPA’s Office of Air and Radiation, which oversees vehicle tailpipe emissions, said in an interview. “Maintaining that status quo is important.” The EPA plans to decide by April 1 whether tailpipe emissions standards for cars and light trucks for model years 2022 through 2025 should be revised.
Source: Bloomberg

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Waymo Buys ‘Thousands’ More Chrysler Vans for Driverless Service

At some point this year, Alphabet Inc.’s Waymo plans to roll out a ride-hailing service using driverless cars. It just bought more vehicles to make that happen. The car unit of Google’s parent has finalized a deal to purchase “thousands” more minivans from Fiat Chrysler Automobiles NV equipped for autonomous driving, according to a statement from the companies.
Source: Bloomberg

Editor's note: John Krafcik, CEO of Waymo, is one of five keynote speakers slated for the NADA Show in Las Vegas, which runs March 22-25. Click here to register.

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Autotrader Revamps to Prepare for Digital Retailing

Autotrader doesn't want shoppers to merely find vehicles on its site. The third-party platform is changing so that it can shepherd consumers through much of a deal online and save them time when they connect with dealership salespeople. "Right now, and leading up to [the National Automobile Dealers Association convention in March], we are launching the steps to start the deal, the steps to start the self-penciling part. That's where you'll be able to apply incentives, apply trade-ins and really make an offer and start the discussion back and forth with the dealer before you even set foot" in the store, Jessica Stafford, the site's senior vice president, told Automotive News.
Source: Automotive News

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Renault-Nissan-Mitsubishi Claims Top World Car Sales

The alliance of carmakers Renault, Nissan and Mitsubishi says it's the world's top automaker after selling 10.6 million cars last year, thanks to growing demand for SUVs and electric vehicles. The Renault-Nissan-Mitsubishi alliance says collective sales rose 6.5 percent in 2017, the first year full year that Mitsubishi Motors was included in the group. The group sold vehicles in nearly 200 countries under 10 brands, led by China, the U.S., France and Japan.
Source: The Associated Press

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Quotable
"The challenge (for automakers) in 2018 will be maintaining incentive discipline, coming off a year when incentive spending per unit reached the highest level ever recorded."

    -- Thomas King, senior vice president of data and analytics at J.D. Power, Reuters, Jan. 29

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