View Mobile Version | View Web Version

SPONSORED BY
 
NADA.org
July 11, 2012 FacebookTwitterFlickrRSSSEND TO A FRIENDPRINT
nada.orgAdvocacyAffiliates | Convention | Jobs | Programs | Publications | Services | Training
Inside this issue
US Treasury Needs an Exit Plan for GM, Ally
Federal Trade Commission to Hold 'Robocall Summit'
Hyundai Sued Over Elantra Fuel Economy Ad Claims
BMW to Offer Voice Control in Certain Cars
Bill Gates Ups His Bet on Auto Engine Maker EcoMotors
It's Official: We Now Have One Billion Vehicles on the Planet
Click here for more auto industry news at NADAFrontPage.com. .
Top Stories
US Treasury Needs an Exit Plan for GM, Ally

Market conditions have slowed the U.S. Treasury's progress in selling its stakes in General Motors Co and the automaker's one-time consumer financing arm, but a solid exit plan is needed, a government watchdog said on Tuesday.
Source: Reuters

[back to top]

Federal Trade Commission to Hold 'Robocall Summit'

The Federal Trade Commission (FTC) has posted on its website consumer guidance on handling unwanted automated telemarketing calls, or “robocalls,” and has announced a “Robocall Summit” to be held in October. Dealers are reminded that the Telemarketing Sales Rule expressly prohibits outbound telemarketing calls that deliver a prerecorded message unless the seller has obtained the call recipient’s prior signed, written agreement to receive such calls from that seller. An “established business relationship” is no longer enough. As the FTC states, “[n]early all telemarketing robocalls have been illegal since Sept. 1, 2009. The only legal sales robocalls are ones that consumers have stated in writing that they want to receive. For more information, see FTC Offers Consumers Tips on How to Respond to Unwanted Robocalls and Complying with the Telemarketing Sales Rule.
Source: NADA Legal and Regulatory Affairs

[back to top]

Hyundai Sued Over Elantra Fuel Economy Ad Claims

Hyundai Motor Co has been sued for allegedly misleading consumers sensitive to high gas prices that its popular 2011 and 2012 Elantra model is more fuel efficient than it actually is.
Source: Reuters

[back to top]

BMW to Offer Voice Control in Certain Cars

German automaker BMW is introducing Nuance’s Dragon Drive technology to its luxury 7 Series vehicles and some of its 3 Series starting this summer. The service pairs with the driver’s smartphone, as Information Week explains: Dragon Drive! Messaging is a platform-level service that integrates fully with the on-board navigation computer of the car. It lets drivers speak, listen, edit, and respond to text messages and emails. Using commands, drivers can even format emails, dictating punctuation, new paragraphs, new lines, and more.
Source: The Wall Street Journal

[back to top]

Bill Gates Ups His Bet on Auto Engine Maker EcoMotors

Philanthropist and investor Bill Gates increased his investment in automotive engine maker EcoMotors International, the company announced Tuesday. Gates, venture firm Braemar Ventures and Khosla Ventures – run by billionaire investor Vinod Khosla – put $32.5 million into EcoMotors, bringing total funds raised to date to $66 million. EcoMotors, founded in 2008 and based in Allen Park, Mich., is working on building automotive engines that consume half the fuel and emit 50% fewer greenhouse gases than traditional engines. EcoMotors said it will use the money raised to advance diesel engine development work with two customers, Navistar and Zhongding Holding Group.
Source: Forbes

[back to top]

It's Official: We Now Have One Billion Vehicles on the Planet

How many vehicles are there on Earth? According to industry trade journal Ward's, which added up both reported vehicle registrations and historical trends, the total crossed 1 billion sometime last year. The vehicles include passenger cars, light-, medium- and heavy-duty trucks and buses, but not off-road or heavy construction vehicles.
Source: Green Car Report

[back to top]

More Articles
 
Quotable
"When you see one manufacturer offering really impressive incentive programs, there's pressure on the others to come up with their own solution. I would expect incentives to increase."

   
-- Frost & Sullivan automotive analyst Matthew Scruggs, referring to recent incentive-based marketing promotions in the auto industry, Detroit Free Press, July 11




NADA Data 2012

Videos

 NADA Creates Task Force to Address Concerns on Facility Upgrades and Stair-Step Pricing Programs (AutoFocus)

 NADA Chairman Outlines New Initiatives on Factory-mandated Facility Programs (AutoFocus)


 Audi Partners with NADA University to Train Dealership and Company Staff

 More Videos

Chairman's Column
Some Manufacturer Stair-Step Programs Are a 'Cancer in the Industry'
Foundation News
Chicagoland Family Funds College Scholarships through NADA Foundation
Marketplace
NADA Mobile App for iPhone and iPad

Save More Than 30% on an HP Bundle


July Savings from Lenovo
  
Search Back Issues | Unsubscribe | Subscribe | Manage your subscription | email us
NADA For more information on NADA, visit www.nada.org or contact NADA, 8400 Westpark Drive, McLean, VA 22102. This email may contain an advertisement of NADA products and services. Any opinions or statements contained herein do not necessarily reflect the views of NADA. Factual errors are the responsibility of the listed publication. If you are a franchised new-car or -truck dealer and would like to become a member of NADA, please visit the Join NADA section of www.nada.org. Questions or comments concerning NADA Headlines content may be directed to publicaffairs@nada.org .