From the category archives: Industry News and Events

2012 L.A. Auto Show: Observations from the City of Angeles

The Los Angeles Auto Show opened this week kicking off the start of the auto show season here in the U.S. and as is the norm, industry professionals and members of the press were given the opportunity to ogle, feel, and critique the latest offerings from manufacturers before the doors of the L.A. Convention Center were opened to the public. While there is much to point out after two days of press conferences, jockeying for position on a crowded stage to take a decent photo, and what seemed to be multiple miles walked between the south and west halls of the convention center, but there were ...

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First Drive: Dodge Dart

Chrysler’s astonishing comeback has been well documented and quadrupling profits in Q1 2012 compared to last year is further evidence of the company’s turnaround.  From a long-term standpoint we all know that product is the key for Chrysler to continue this momentum and the Dodge Dart offers a glimpse on what is yet to come.  I was given the opportunity to take the Dart – as well as most of the overall Dodge and Chrysler lineup - on test drives in Savannah Georgia last week to get an idea of the current lineup and the potential for vehicles farther down the road. The Dart is Chrys ...

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NADA OEM Insight: Subaru National Business Conference

NADA analyst Maynard Brown recently had the pleasure of attending the Subaru National Business Conference in New Orleans and provided some insight from his trip.  The team from Subaru is coming off of a record sales year & it appears as if they will easily exceed that number this year.  Dealers were pleased to hear that Subaru will be expanding their Indiana plant to increase Legacy & Outback production & retooling their microcar plant in Japan to build Imprezas.  Those enhancements should result in an additional 35,000 units per year for the North American market, ...

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2012 New York Auto Show Preview

We’re eagerly gearing up this week to attend the annual New York International Auto Show which kicks off April 4th at the Jacob Javits Center.  Lots of exciting new product introductions are scheduled which should make for a great event.  Looking across the press conference schedule, two models in particular stand apart in terms of their importance to their respective companies - the 2013 Nissan Altima and the 2014 Chevrolet Impala.  Let’s start with the Altima.  The importance of Nissan’s mid-size car competitor to the company’s fortunes in the States can’t be over ...

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And we're off to VEGAS!

Seemingly half the company and I are getting ready to leave the unseasonably warm Washington DC area and fly off to Las Vegas to attend NADA’s annual convention & expo over the weekend. From what I’ve been hearing, attendance is way up from years’ past both in terms of the dealer body and exhibitors, which when combined with the fact that it is Super Bowl weekend (in Las Vegas!) should make for a show full of energy and crisp ideas. I’m really looking forward to spending more time our dealer body and sharing our thoughts on how we believe the used market will play out over ...

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Motor City Impressions – Detroit’s Most Wanted

As I mentioned in my last blog, a few colleagues and I spent the first part of last week attending the North American International Auto Show in Detroit (hopefully you had a chance to catch our show updates on Twitter and Facebook). Maybe the 40+ degree weather had something to do with it, but the atmosphere at this year’s show bore some resemblance to shows held prior to the recession. Unlike the scavenger hunts of the past few years, coffee and finger foods were easy enough to find, and judging by my almost always obstructed view, the show was very well attended by the press corp. ...

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2012 Detroit Auto Show Preview

The annual North American International Auto Show, or NAIAS, is one of the premier auto shows in the world and one that kicks off the auto show season here in the U.S. Although the show’s press days are always well-attended by industry professionals, this year’s profusion of critical unveilings makes an appearance this year mandatory.   To begin with, Ford and Honda will show redesigned versions of their mid-size car combatants, the Fusion and Accord Coupe “concept” (Honda’s concepts are historically close to production spec).  Both brands have something to prove in the h ...

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The LA Auto Show: Setting the Stage for Compact Utility Dominance

The week prior to the Thanksgiving holiday I spent two harried days running around the Los Angeles convention center taking in the city’s annual auto show, and while LA had its fair share of exotic concept and low volume performance debuts – Chevy Camaro ZL1, Mercedes ML63 AMG, Subaru BRZ, and the Porsche 911 to name a few – it was the reveal of two compact utilities, the Ford Escape and the Honda CR-V, that were arguably the show’s most significant. Let’s look at some data to back this up.  Just five years ago, compact utilities had a 9% share of all new vehicles sold; at the close of ...

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Join In to Discuss Wholesale & Economic Trends

On Wednesday, October 19th at 2:00pm I will be joining a panel webinar with Ira Silver and Frank Hackett from NAAA.  Mr. Silver will be addressing the economy and automotive market.  I will be discussing how NADA utilizes our industry leading database of vehicle transactions to create the values we publish in our Official Used Car Guide and in our online products.  This discussion will go into details on how NADA uses transaction data to align market data with our published values from a content standpoint.  In addition I will discuss the methodology behind our values and ...

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UAW Deal – A Healthy Step for the Automotive Industry

October 14th is an important day for the automotive industry. It marks the day that Ford employees may or may not ratify the new UAW agreement.  The agreement with Ford is similar to the one already ratified by GM, which in a nutshell, has several key provisions: 1. Rewarding employees with bonuses instead of pay raises 2. Promises to “insource” jobs which will bring a lot of manufacturing jobs back to the US, while also expanding capacity at many plants. For details on Ford’s investments go to: http://tinyurl.com/6xtylyt 3. Buyouts of higher income emplo ...

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