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Inside this issue
NADA Chairman: Franchised Dealers Provide Price Competition, Safety and Local Economic Benefits
Ignition Switch Replacement Parts Arriving at GM Dealerships
GM Faces More Tests as Documents Show Culture of Denial
Jeep Recall Will Take a Year to Begin
Ruling Keeps Chrysler Case in the Courts
Mid-sized Sedans and Crossovers to Square Off in the Big Apple
Click here for more auto industry news at NADAFrontPage.com. .
Top Stories
NADA Chairman: Franchised Dealers Provide Price Competition, Safety and Local Economic Benefits

At the Automotive Forum, featured industry speakers include General Motors’ Mary Barra and Ford’s Joe Hinrichs

Forrest McConnell, III, chairman of the National Automobile Dealers Association, will kick off the 2014 Automotive Forum in New York City on Tuesday, April 15, with a timely policy discussion on the benefits of the franchised dealer network.

“The franchised dealer network, which has been the topic of much recent debate, is the most efficient and cost-effective way of selling and servicing vehicles anywhere,” said McConnell, a Honda and Acura dealer in Montgomery, Ala. “New-car dealers compete fiercely against other dealers on car pricing and financing, which benefits car buyers.”

McConnell added that new-car dealers create jobs, tax revenue and support local communities.

“In safety recall situations, automakers turn to their dealers to remedy the problems of their customers and repair vehicles at no cost to vehicle owners,” he said. “A network of franchised new-car dealers can respond to recalls faster and more efficiently than a single manufacturer or factory-owned store.”

The featured industry speakers at the full-day forum are Mary Barra, CEO of General Motors Co., and Joe Hinrichs, executive vice president and president of the Americas for Ford Motor Co.

A panel session on the luxury market includes an all-star lineup: Michael Bartsch, vice president of Infiniti Americas; Steve Cannon, president and CEO of Mercedes-Benz USA; Uwe Ellinghaus, Cadillac’s global marketing chief; Scott Keogh, president of Audi of America; and David Zuchowski, president and CEO of Hyundai Motor of America.

Adam Jonas, managing director of Morgan Stanley; Itay Michaeli, Citi auto analyst; and John Murphy, managing director of Bank of America Merrill Lynch, will provide Wall Street’s perspective on the auto industry.

The fifth annual NADA/J.D. Power Automotive Forum is hosted by the New York International Auto Show. Click here for the full agenda.
Source: NADAFrontPage.com

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Ignition Switch Replacement Parts Arriving at GM Dealerships

The first ignition switch replacement parts began arriving at dealerships Friday and repairs to fix the defective switches could begin Friday, a General Motors Co. spokesman said. The Detroit automaker also confirmed the company and supplier Delphi Corp. have agreed to run a third production line for the ignition switches at a Delphi plant in Mexico, but spokesman Kevin Kelly said he did not have information on when that line would begin production.
Source: The Detroit News

Editor's note: For more information on the GM recall, visit www.gmignitionupdate.com
or www.safercar.gov.
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GM Faces More Tests as Documents Show Culture of Denial

The hundreds of pages of documents released by lawmakers last week shed new light on General Motors Co. more than decade-long failure to respond to auto-safety complaints, underscoring the struggle ahead for Chief Executive Officer Mary Barra as she seeks to refocus on the company’s new fleet of cars. The CEO, who has spent most of her three months as the first female leader of a major automaker dealing with fallout from the recall, still awaits two key internal reports that will examine how to compensate victims and assess blame. On April 24, Barra may report GM’s first quarterly loss in four years as the Detroit-based company absorbs the cost to recall almost 7 million cars and trucks worldwide for several defects.
Source: Bloomberg

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Jeep Recall Will Take a Year to Begin

Chrysler to Start Production Next Month on Parts for Recall Ordered Last June

Parts to repair 1.56 million older-model Chrysler Group LLC Jeeps, recalled because of a danger of fuel-tank fires, won't be available until August, more than a year after the company first agreed to recall the vehicles. The auto maker ... blamed the slow response on the complexity of engineering a fix and enlisting suppliers to build the parts. While Chrysler parts production will start next month, availability isn't expected for another three months, according to a posting on the National Highway Traffic Safety Administration website.
Source: The Wall Street Journal

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Ruling Keeps Chrysler Case in the Courts

Appeals panel supports 150 terminated dealers

About 150 dealerships that lost Chrysler franchises during the company's 2009 bankruptcy won a round in federal court last week when a three-judge panel agreed to let the dealers argue why the government should compensate them for ordering Chrysler to thin its ranks of dealers. The April 7 ruling by the U.S. Court of Appeals for the Federal Circuit orders a lower court, the U.S. Court of Federal Claims, also in Washington, to hear the case. If the dealers prevail, the U.S. Treasury could be ordered to pay millions of dollars to terminated dealers -- and a legal path could be cleared for former General Motors dealers as well.
Source: Automotive News

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Mid-sized Sedans and Crossovers to Square Off in the Big Apple

A couple of mainstream face-offs will highlight product debuts during New York auto show press days on Wednesday, April 16, and Thursday, April 17. In the mid-sized sedan segment, Hyundai rolls out its 2015 Sonata, while Toyota offers an unusually aggressive midcycle freshening of the Camry, the nation's best-selling car. And Subaru will pit its redesigned 2015 Outback crossover against the redesigned 2015 Nissan Murano. Here are some key debuts....
Source: Automotive News

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Quotable

"A fundamental value of the NADA program is that it aligns the financial interests of a dealer with the goal of the government -- ensuring that pricing concessions are based on legitimate nondiscriminatory factors."

   
-- Jean Noonan, a partner in the Washington, D.C., office of Hudson Cook, LLP, in Spot Delivery, commenting on the optional NADA Fair Credit Compliance Program for dealers, March 2014   

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