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Automotive Industry News for 5/20/2012


Increased Consumer Demand for Power Performance
As fuel prices appear to have peaked, U.S. buyers are not as concerned about high-mileage transportation as they once were, and they have begun shifting focus from smaller cars to the high-powered trucks and SUVs American much prefer. Thus, the April 2012 University of Michigan Transportation Research Institute report indicates a slight downturn in the window-sticker fuel economy average of vehicles sold in the U.S. last month.

Auto Designers Aim for Excitement, Weight Slash
As part of the annual Michelin Challenge Design contest (student winners displayed at NAIAS next January) a panel of top vehicle designers present their ideas in Detroit this Thursday, discussing the challenge they face in the future of reducing vehicle weight while keeping the look of the vehicle “exciting”. Panelists include designers Bob Boniface (GM), Mark Trostle (Chrysler) and Michael Arbaugh (Ford).

Chrysler Demand Prompts Eliminating Mid-Year Breaks
Chrysler Group LLC, the biggest gainer of U.S. share in April, says it will skip the customary two-week mid-year shutdowns at four of its plants in order to build more vehicles and keep up with demand. In addition, two more plants will take one-week breaks instead of two. Chrysler deliveries climbed 33 percent in the first four months of this year to 539,216, according to researcher Autodata Corp.

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Industry People

Kim Pena-Molnar
Vice President of Operations and Client Services
Primeritus Financial Services, Inc.


Primeritus Financial Services, Inc. has named Kim Pena-Molnar as Vice President of Operations and Client Services. Kim previously served as Vice President of Renovo Services, LLC. With over 20 years of experience in the forwarding and automotive auction industry, Pena-Molnar brings extensive management experience in sales, remarketing and business development working with industry leading companies Remarketing Solutions, Manheim and ADT Automotive.
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Follow The Leaders

Follow the Leader Interview

Matt Buchanan, Co-Founder, Dealers United

Matt Buchanan shares Dealers United's vision to level the playing field for privately-owned dealerships, so that they can effectively compete with the Publicly-Traded MegaDealer Groups.

Contact: Matt@dealersunited.com

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Weekly Industry News Poll


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Significant Statistics

Average MPG of New Passenger Cars – 2008 to 2011

Source: Higher gas prices cause less public anger this time, April 6, 2012

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Market Research


Fuel cell light vehicles expected to be commercially launched in 2014 in most regions of world. The US will be the largest market for FCVs in 2020, followed by China and Germany.
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Test Drives & Rides


Dodge_Charger_2012It's as if nobody told Dodge about American cars: that they are cheap, flimsy, incompetent. To the contrary, the Dodge Charger is a proudly American muscle sedan, pumped, powerful, and full of swagger. Furnished with either rear-wheel drive or all-wheel drive, and a Dodge Hemi V8 if that's your inclination, this is a roomy five-place hauler that takes you straight back to the wildly optimistic American sedans of the '60s, but with a difference.
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