View Mobile Version | View Web Version

SPONSORED BY

NADA.org
March 12, 2014 FacebookTwitterFlickrRSSSEND TO A FRIENDPRINT
nada.orgAdvocacyAffiliates | Convention | Jobs | Programs | Publications | Services | Training
Inside this issue
Tesla May Be Forced to Shut N.J. Stores After State Commission Vote
Many Dealers Warn: Accept a Gift and Get Fired Feds' Scrutiny Prompts Tougher Rules
NTSB Chief Who Clashed with Automakers Will Step Down
21-Percent CPO Sales Lift For Big 3
Toledo Jeep Plant to Hire Up to 1,000 Part-Time Workers
Secret Service Seeking Bids For New Presidential Limo
Click here for more auto industry news at NADAFrontPage.com. .
Top Stories
Tesla May Be Forced to Shut N.J. Stores After State Commission Vote

Come April 1, electric-vehicle maker Tesla Motors may have to shut down its factory-owned stores in New Jersey after the state's motor vehicle commission adopted new rules on dealership licensing. The commission approved the new rules this afternoon over Tesla's objections that the changes would curtail its sales operations and jeopardize licenses for its existing two stores in the state. Tesla [Tuesday] accused Gov. Chris Christie's administration of going back on its word to delay the regulation, a move favoring the car dealers represented by the New Jersey Coalition of Automotive Retailers. In response, the governor's office said it was made clear to Tesla since the company first began operating in New Jersey that it “would need to engage the Legislature on a bill to establish their new direct-sales operations under New Jersey law.”

“This administration does not find it appropriate to unilaterally change the way cars are sold in New Jersey without legislation, and Tesla has been aware of this position since the beginning,” said the statement issued by Kevin Roberts, a spokesman for Christie's office. Tesla, which has two stores and a service center in New Jersey, says the administration and motor vehicle commission are going beyond their authority “to implement the state's laws at the behest of a special interest group looking to protect its monopoly.”
 
Jim Appleton, president of the retailers' coalition, disputed that. He said the commission did what it is legally bound to do: conform its regulation and licensing procedures to the New Jersey statute. That leaves Tesla with two choices, Appleton said: conform to New Jersey law and use franchised dealers or try to get the law changed. Dealers aren't looking to put Tesla out of business, Appleton said. Tesla has dealt with resistance from dealers across the country, including Ohio, Texas and Arizona.
Source: Automotive News

Related Stories:


Share: LinkedIn Twitter Facebook

[back to top]

Many Dealers Warn: Accept a Gift and Get Fired Feds' Scrutiny Prompts Tougher Rules

When George Angus started in the F&I industry in the 1970s, finance and insurance managers routinely accepted cash and perks directly from lenders or F&I vendors. Today, says Angus, head trainer for Team One Group, of Scottsdale, Ariz., "In most dealerships it's a firing offense, that's how serious it is." Dealerships' prohibitions against such incentives, and the enforcement of those prohibitions, are likely to be ratcheted higher due to concerns that federal regulators are looking more closely at F&I products and how they are priced. "We prohibit our finance managers from taking incentives -- gift cards, things like that," said Brian Leary, vice president of finance and insurance at the Larry H. Miller Dealerships, of Sandy, Utah, the nation's 10th largest dealership group as ranked by new units retailed. "We want the focus to be on what makes a deal right for the customer," Leary said at the American Financial Services Association Vehicle Finance Conference in New Orleans prior to the NADA convention in January.
Source: Automotive News
Share: LinkedIn Twitter Facebook

[back to top]

NTSB Chief Who Clashed with Automakers Will Step Down

Debbie Hersman, the chair of the National Transportation Safety Board who often clashed with automakers on in-vehicle communication and pushed for tougher drunken driving laws, will step down April 25. Hersman, who was in the running to replace Transportation Secretary Ray LaHood, will become president and CEO at the National Safety Council. In late 2012, the NTSB called on the U.S. government to mandate new safety technologies in all vehicles, a move that could dramatically reduce the number fatalities caused by driver distractions. Hersman also called for banning nearly all hands-free and hand-held cellphone calls. She regularly attended the North American International Auto Show to press automakers to do more to prevent driver distractions and to boost safety features. But the federal government and states haven't adopted the recommendations.
Source: The Detroit News
Share: LinkedIn Twitter Facebook

[back to top]

21-Percent CPO Sales Lift For Big 3

The Big 3 increased their certified pre-owned sales by more than 21 percent in February, pulling in 65,323 CPO sales and lifting their market share to 36.5 percent for the month, according to Autodata Corp. In February 2013, domestics sold 53,799 certified vehicles and commanded 34.3 percent of the CPO market. Year-to-date sales for the Big 3 are just under 125,000 units, up 21.7 percent from the year-ago period. The biggest sales increase for the month among the three Detroit automakers was at Chrysler Group, where its brands combined to sell 11,506 units for a 23.3-percent year-over-year gain.
Source: Auto Remarketing
Share: LinkedIn Twitter Facebook

[back to top]

Toledo Jeep Plant to Hire Up to 1,000 Part-Time Workers

Chrysler plans to hire as many as 1,000 part-time workers in Toledo to give regular employees a break from extended overtime without sacrificing output of the popular Jeep Wrangler and Cherokee. Chrysler and UAW leaders worked together to come up with a way to increase production at the Toledo Assembly Complex, which has been scrambling to cope with rising demand for the Wrangler and Wrangler Unlimited for nearly two years, said Chrysler spokeswoman Jodi Tinson.
Source: Detroit Free Press
Share: LinkedIn Twitter Facebook

[back to top]

Secret Service Seeking Bids For New Presidential Limo

The Department of Homeland Security plans to award a contract for the design of the next-generation presidential limousine by late August, to be ready by the time the next president takes office in 2017. According to a contract proposal posted last week by the U.S. Secret Service on the government's contracting site, the administration plans to award the contract by Aug. 29, “based on best value to the government.” The project is in four phases, the Secret Service said. “Phase 1, armor development, is currently underway. Phase 2 work will include integration of the armor design developed during Phase 1 of the program. Phase 2 requirements will include selection and integration of final automotive components, chassis, interior, exterior, and test vehicle fabrication and automotive component testing. Phase 3 will be focused on automotive validation and Phase 4 production of vehicles,” said the proposal, which was reported earlier by Time magazine. The contract proposal says bids are “restricted to Major domestic U.S Automobile Manufacturers, who have their primary headquarters located in the United States of America.”
Source: The Detroit News
Share: LinkedIn Twitter Facebook

[back to top]

More Articles
 
Quotable

"I don't want to see Tesla close their doors. I want to find a way to keep Tesla in New Jersey. I just want them to operate in a manner consistent with the law." 

   
--- Jim Appleton, president of the New Jersey Coalition of Automotive Retailers, commenting on the state passing a new rule against direct-to-consumer sales on Tuesday, Automotive News, March 11  

 

  

NADA Market Beat
Cold February Weather Dampens Light Vehicle Sales
Chairman's Column
NADA Releases Fair Credit Compliance Program for Dealers
Videos

 Meet NADA Chairman Forrest McConnell (NADA-TV)


NADA Used Car Guide's Jon Banks Highlights Feb.'s Guidelines (NADA-TV)

Sponsored by
 

NADA University Webinars
All webinars will be held at 1 p.m. ET unless otherwise noted.

-- March 19: Comply with Federal Advertising Requirements

-- March 26: Participate in the NADA Dealership Workforce Study

-- April 2: NADA’s Fair Credit Compliance Program

-- April 3: Tips for Submitting a Great Workshop Proposal 

NADA Foundation News
New Orleans' High Schools Receive CPR Training Manikins

ADESA and NADA Donate $37,000 to Canine Companions

NADA and Ally Donate $50,000 to Second Harvest Food Bank in New Orleans 

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 .