NADA Headlines - 01/26/2018 (Plain Text Version)
Share a video on Facebook, Instagram or Twitter and include the hashtag #WomenInAutomotive for the chance to win an Apple Watch.
While women currently represent about 19 percent of new-car dealership employees in the U.S., there’s never been more opportunities for women to create lasting, impactful careers in the retail-auto industry.
The federal government's re-examination of fuel economy standards will be strictly based on scientific data gathering and analysis, the official with direct responsibility over the EPA's greenhouse-gas emissions program said Thursday. "Whatever we decide it's really, really important it be based on the technical merits," William Wehrum assistant administrator of air and radiation, said in a speech at the Washington Auto Show. "The engineering will give us a range of plausible alternatives, but it all begins with good analysis, good engineering assessment and good understanding of what's happening in the industry, and what we think can be done in the industry." The deadline for the politically charged review of fuel economy and emissions standards is April 1.
Fiat Chrysler Automobiles NV reaffirmed ambitious 2018 financial targets set by its outgoing CEO as a fruitful shift to pickups and SUVs may boost profits beyond those of bigger Ford Motor Co. Adjusted earnings before interest and taxes will climb to at least $10.8 billion this year, at the lower end of a profit range targeted in a five-year business plan. That would top Ford’s projected Ebit of as much as $9.2 billion.
The Wards Intelligence January forecast calls for 1.16 million LVs to be delivered over 25 selling days, resulting in a 46,430-unit daily sales rate compared with 47,442 in prior-year (24 days). The DSR is down 2.1% from like-2017.
Keith Crain, chairman of Crain Communications and editor-in-chief of Automotive News, was awarded the Washington Auto Show's Lifetime Achievement Award on Thursday night.
NADA's Advanced Parts Management week-long seminar will be held from Feb. 19-23, 2018, at NADA headquarters in Tysons, Va. NADA instructor Mark Michalski will teach participants how to take their parts department to the next level by improving inventory integrity. Attendees will learn and discuss important topics like parts turn, fill-rate and ways to improve business operations, as well as analyze and discuss their dealership’s performance. Participants will walk away with the tools to make significant process improvements. The key areas covered include Perfecting the Mix, Profit-Centering, Know the Customer Needs, Personnel Techniques, Deep Dive into DMS, Case Study and SWOT Analysis, and Headache Relief – Best Practices. Click here to register. Seating is limited.
Johan de Nysschen, Bill Fay and Jim Farley Slated for NADA / J.D. Power Automotive Forum in NYC on March 27
NADA, J.D. Power and the New York International Auto Show invite you to attend the 2018 Automotive Forum in NYC on Tuesday, March 27.
Auto industry speakers include Johan de Nysschen, president of Cadillac; Bill Fay, senior vice president of automotive operations at Toyota North America, U.S.A.; and Jim Farley, president of global markets at Ford Motor Company, as well as economists and analysts and several panel sessions. Click here for the full agenda.
About 500 automotive and allied-industry professionals are expected to attend. The full-day forum will be held at the Grand Hyatt New York.
Attendees will receive a continental breakfast, two networking breaks, lunch, reception and tickets to the auto show during press days on March 28. The $100 early-bird discount ends Feb. 2. Seating is limited. To register, visit www.autoforumny.com.