NADA Headlines - 07/14/2017 (Plain Text Version)
Doubts grow over the ability of legislators to enact proposed policies that had sparked optimism
Global automakers have urged China to delay and soften planned quotas for sales of electric and hybrid cars, saying its proposals will be impossible to meet and would severely disrupt their businesses, according to a letter seen by Reuters. The June 18 letter addressed to the head of China's Ministry of Industry and Information Technology, is the most cohesive pushback yet from the industry against ambitious targets for so-called new energy vehicles in the world's biggest auto market. The letter was signed by the American Automotive Policy Council, the European Automobile Manufacturers Association, the Japan Automobile Manufacturers Association and the Korea Automobile Manufacturers Association.
German officials probing carmaker Mercedes-Benz, which is owned by Daimler, have found no signs so far that the carmaker made use of illegal software to manipulate emissions, a government spokesman said on Friday. Daimler said based on current information available to the carmaker they would fight allegations about using an illegal software defeat device with all legal means.
The world’s biggest oil producers are starting to take electric vehicles seriously as a long-term threat. OPEC quintupled its forecast for sales of plug-in EVs, and oil producers from Exxon Mobil Corp. to BP Plc also revised up their outlooks in the past year, according to a study by Bloomberg New Energy Finance released on Friday. The London-based researcher expects those cars to reduce oil demand 8 million barrels by 2040, more than the current combined production of Iran and Iraq.
Curiosity about Buick is surging, but Americans seem to think they have all the information they need about Honda. Those are two surprising inferences from a study that shows the most frequently Googled car in every state.
Online registration for dealers and their managers -- which includes an
early-bird discount and hotel selections -- opens Oct. 2, 2017.