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Inside this issue
New Law Eliminates Federal Red Tape from New Car Sale
G.M. Suits Will Proceed as One Case in New York
Ford, Honda New-Product Cycle Should Boost U.S. Market Share, Report Says
China Auto Sales Climb 13% Led by Foreign Carmakers
3 GREAT Careers For Car Enthusiasts
Click here for more auto industry news at NADAFrontPage.com. .
Top Stories
New Law Eliminates Federal Red Tape from New Car Sale

Auto dealers no longer have to fill out a form certifying that a new vehicle complies with the Clean Air Act prior to the sale. H.R. 724, which was supported by the National Automobile Dealers Association (NADA), was signed into law yesterday by the president. The bill eliminates an obsolete federal mandate passed in 1977. “All new vehicles delivered to dealerships from the factory are already compliant with federal emissions regulations,” said NADA Chairman Forrest McConnell, III. “The form was unnecessary, and we're glad it's gone.”

McConnell, a Honda/Acura dealer in Montgomery, Ala., added that the certification information is printed on a sticker under the vehicle's hood and provided in the owner's manual and automaker websites—making the additional dealer form redundant. Passage of the new law is part of a larger NADA effort to reduce outdated and unnecessary federal regulations on auto retailers. In 2013, at NADA's urging, Congress eliminated the requirement that dealers to provide their customers with a booklet on the estimated insurance costs for new vehicles. Consumers can find more accurate insurance information online or by phone.
Source: NADAFrontPage.com
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G.M. Suits Will Proceed as One Case in New York

A panel of federal judges handed General Motors a modest but meaningful victory on Monday, consolidating the pretrial phase of more than 80 lawsuits against the company into a single proceeding in Manhattan — the venue sought by the automaker. It came as the embattled company prepared to face investors on Tuesday in what is expected to be a tense annual shareholders meeting, the company's first since it began recalling millions of defective small cars in February. The cases, most seeking class-action status, have been filed around the country on behalf of owners of Chevrolet Cobalts, Saturn Ions and other cars that G.M. recalled this year for a defective ignition switch. Owners are seeking compensation for lost value of the vehicles and other economic damages from the company's decade-long failure to address a safety problem that it now links to 13 deaths.
Source: The New York Times

Editor's note: For more information on the GM recall, go to www.gmignitionupdate.com or www.safercar.gov.
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Ford, Honda New-Product Cycle Should Boost U.S. Market Share, Report Says

Ford Motor Co. and Honda Motor Co. stand to capture more of the U.S. automotive market than their counterparts during the next four years as they woo buyers with new products such as Ford's aluminum-bodied F-150 pickup.
“That kind of improvement in that truck could create some shifts in the market share of Ford to the positive side,” John Murphy, a Bank of America Corp. auto analyst, told reporters [Monday] in Detroit after he presented his annual “Car Wars” report. Ford and Honda may refresh or replace 28 percent of their annual sales volume in the period from 2015 through 2018, compared to an industry average of 23 percent. Murphy's estimates for his report are based on the assumption that consumers swayed by new products are drawn to dealer lots to buy vehicles.
Source: Bloomberg
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China Auto Sales Climb 13% Led by Foreign Carmakers

Passenger-vehicle sales in China rose 13 percent last month, led by General Motors Co. and Ford Motor Co. as foreign carmakers continued to gain share from local brands in the world's largest auto market. Retail deliveries of cars, multipurpose and sport utility vehicles climbed to 1.5 million units in May, the Passenger Car Association said today in a statement on Secretary-General Rao Da's blog. Foreign automakers are stepping up their investment in China to win market share in the world's second-largest economy, putting pressure on local carmakers even as more cities consider restricting the number of new vehicles to contain worsening pollution and traffic.
Source: Bloomberg
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3 GREAT Careers For Car Enthusiasts

“The freedom of the open road” explains people's unabashed love for cars and everything associated with them. But it isn't necessarily all-encompassing for automotive enthusiasts of different walks. Some people love talking about cars, some love driving them, and others like the problem-solving associated with repairing them. Here are three careers for car enthusiasts worth checking out….
Source: First to Know
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Quotable

"All new vehicles delivered to dealerships from the factory are already compliant with federal emissions regulations. The form was unnecessary, and we're glad it's gone." 

   
-- NADA Chairman Forrest McConnell, commenting on a new law that eliminates an outdated federal mandate, NADAFrontPage.com, June 10

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