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Inside this issue
Perrotta, Mason Join NADA
GM Hit with Another Lawsuit over Ignition Switches
FTC Approves Final Consent Settling Charges Nissan Frontier Truck Ad Was Deceptive
VW Vows to Boost Growth in North America Backed by SUV
Chrysler Reports a Loss On Acquisition Charges
BMW Maintains Lead in Global Luxury Sales Race
Next Nissan EVs: Mainstream Look, Better Battery
Click here for more auto industry news at NADAFrontPage.com. .
Top Stories
Perrotta, Mason Join NADA



Laura Perrotta


Kathy Mason

The National Automobile Dealers Association has added two to its legislative affairs staff, the organization tells POLITICO Influence. Laura Perrotta joins NADA from the American Traffic Safety Services Association, where she represented the road safety industry. And tax lobbyist Kathy Mason joins the association from her previous gig at the Newspaper Association of America.

“Laura and Kathy are exceptional professionals who will help enhance our legislative and political efforts on Capitol Hill,” said Ivette Rivera, NADA vice president of legislative affairs. “Their depth of experience coupled with their drive will complete a very effective team advocating on behalf of auto and truck dealers before Congress.” Perrotta has worked on Capitol Hill, at the National Court Reporters Association and the firm Miller/Wenhold Capitol Strategies. Mason did stints on Capitol Hill and with the Forest Industries Council on Taxation; Merrill Lynch and the Mint Investment Management Company.
Source: POLITICO

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GM Hit with Another Lawsuit over Ignition Switches

A new lawsuit has been filed that accuses General Motors of fraud and concealing evidence related to the faulty ignition switches that have been linked to at least 13 deaths. It is believed to be the first suit filed since documents surfaced showing a GM engineer allegedly signed off on changing a part in the switches but not changing the part number, which would have alerted others at GM or Delphi, the switchmaker, that it had been altered.
Source: CNBC
 

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FTC Approves Final Consent Settling Charges Nissan Frontier Truck Ad Was Deceptive

Nissan North America, Inc., Advertising Agency TBWA Worldwide, Inc. Named in Case

Following a public comment period, the Federal Trade Commission has approved final consent orders settling charges that Nissan North America, Inc. and advertising agency TBWA Worldwide, Inc. deceptively advertised a Nissan Frontier truck pushing a dune buggy up a steep hill, something the truck actually cannot do. First announced in January 2014, the settlements prohibit Nissan and TBWA Worldwide, which designed the 30-second television ad for the mid-sized truck, from misrepresenting any material quality or feature of a pickup truck through the depiction of a test, experiment, or demonstration. The orders do not prohibit the use of special effects and other production techniques as long as they do not misrepresent a material quality or feature of the pickup truck.
Source: FTC

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VW Vows to Boost Growth in North America Backed by SUV

Volkswagen AG plans to redouble efforts to boost flagging sales in the U.S. as well as grow in Brazil as Europe’s largest automaker chases Toyota Motor Corp.’s global lead. VW laid the foundation for growth in North and South America with the decision to make a mid-size sport-utility vehicle for the U.S. market, build a new Audi factory in Mexico and revamp its model lineup in Brazil, the Wolfsburg, Germany-based manufacturer said in a statement in advance of the annual shareholders meeting today.
Source: Bloomberg

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Chrysler Reports a Loss On Acquisition Charges

Chrysler, the third-largest American auto manufacturer, reported a loss of $690 million in the first quarter because of costs associated with its acquisition by the Italian carmaker Fiat. Chrysler, which is now part of the new Fiat Chrysler Automobiles, said it took charges totaling $1.2 billion to extinguish debt and finance other payments to a health care trust for retired autoworkers. The charges were part of a deal made by Chrysler and its parent, Fiat, to acquire a 41.5 percent stake in the American company, which had been owned by the trust.
Source: The New York Times

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BMW Maintains Lead in Global Luxury Sales Race

Sales rise 8% in April, boosted by SUV demand

BMW Group remains the world's best-selling premium automaker after vehicle sales at its namesake BMW brand rose 8 percent to 140,840 in April. Competition is heating up among BMW and its German rivals Audi, No. 2 in global luxury sales and third-placed Mercedes-Benz. Audi's sales briefly passed BMW's at the beginning of the year and Mercedes' volume is being boosted by its new compact-car range. All three companies expect record deliveries this year, helped by surging demand in China and the United States
Source: Automotive News

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Next Nissan EVs: Mainstream Look, Better Battery

For the next-generation Leaf electric vehicle, Nissan Motor Corp. plans more mainstream styling and a new battery that greatly increases the car's range. And Infiniti's delayed electric car will debut with the improved battery by early 2017. A new battery chemistry will debut around 2017 for use by Infiniti and Nissan, said Andy Palmer, executive vice president in charge of Nissan's zero emissions and Infiniti businesses. "The battery chemistry is all about range and energy density. That's where you see the technology moving very, very fast," he told Automotive News at the Beijing auto show.
Source: Automotive News

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More Articles
 
Quotable

"The Americas are a significant cornerstone of the 2018 strategy. We want to and we must grow there substantially and profitably."

    -- Volkswagen Chief Executive Officer Martin Winterkorn commenting on the company's plans to redouble its efforts to boost flagging sales in the U.S., Bloomberg, May 13

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