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Inside this issue
Best CEO Ever? Today is Mulally's Last at Ford
U.S. Dealerships Should Consider Implications of New Canadian 'Anti-Spam' Legislation
Supreme Court Overturns NLRB Recess Appointments
GM Issues 3 More Recalls Covering 474,000 Vehicles
2-Year Leases Take Off at Toyota
Ed Bobit, Founder and Chairman of Bobit Business Media, Has Passed Away
Click here for more auto industry news at NADAFrontPage.com. .
Top Stories
Best CEO Ever? Today is Mulally's Last at Ford

On his last day on the job, will Alan Mulally go down in history as Ford Motor's greatest CEO ever? Possibly, although surpassing founder Henry Ford, one of the greatest innovators in American industrial history, makes the title nearly impossible for anyone else to ever achieve. Still, having taken the helm in 2006, it's easy to argue that Mulally has accomplished far more than any other automotive CEO in recent history. He'll surely be a tough act for the next CEO, Chief Operating Officer Mark Fields, to follow. Click here to see his accomplishments.
Source: USA Today

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U.S. Dealerships Should Consider Implications of New Canadian 'Anti-Spam' Legislation

Beginning July 1, 2014, the new Canadian “anti-spam” legislation (CASL) will prohibit sending a commercial email, text or other electronic message to a Canadian recipient without prior express permission. In addition, the CASL requires any such messages to prominently identify the sender and include contact information, along with a way to unsubscribe. What is deemed to be a “commercial” email is broadly defined and the potential penalties are very large (up to $10,000,000). The requirements under the CASL are different and broader than those under the U.S. “CAN SPAM” law. In addition, the CASL applies not only to email, but also to text messages, and certain other electronic messages sent to Canadian email addresses, including those sent via social media, blogs, or other electronic communications platforms.

There are a number of exceptions as well as questions about the applicability of the new law to entities outside of Canada. However, U.S. dealers, especially dealers near Canada, or with a large number of Canadian customers, are encouraged to review the CASL and discuss it with their legal counsel. Click here for a detailed review of the CASL by the Canadian Auto Dealers Association, and work with your vendors and professional advisors to ensure that you are prepared for this new international requirement.
Source: NADA Legal and Regulatory Affairs
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Supreme Court Overturns NLRB Recess Appointments

The Supreme Court ruled 9-0 on June 26 that President Obama violated the Constitution by going around the Senate to name recess appointments to the National Labor Relations Board (NLRB). The Court said that, since the Senate never actually recessed during “pro forma” sessions, the recess appointments were invalid. Hundreds of NLRB decisions dating to 2012 and 2013 are called into question. NADA supported the filing of an amicus brief challenging the recess appointment through its membership in the Coalition for a Democratic Workplace. For further information or questions, contact NADA Regulatory Affairs at (703) 821-7040 or regulatoryaffairs@nada.org.
Source: NADA Legal and Regulatory Affairs
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GM Issues 3 More Recalls Covering 474,000 Vehicles

General Motors extended its record-breaking string of safety problems, announcing Friday three more recalls, including a large one involving its top-selling vehicle. The recalls, part of a top-to-bottom safety review, bring the company's total for the year to 48, covering more than 20 million cars and trucks. That beats GM's old full-year record of 10.75 million in 2004. Friday's recalls cover 474,000 vehicles worldwide for a variety of problems.
Source: Associated Press

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2-Year Leases Take Off at Toyota

Toyota is seeing a strong shift into two-year leases this year, a trend that promises quicker customer turnarounds and fuller used-car inventories down the road. At Toyota Financial Services, leases spanning 27 months or less account for 17 percent of its lease portfolio so far this year. That's nearly five times last year's rate of 4 percent. For Lexus specifically, two-year leases have risen to 36 percent of the division's lease portfolio this year from 24 percent in 2013. This shift comes as Toyota Motor Sales U.S.A. leans more heavily on leasing to move Toyota, Scion and Lexus vehicles. Chrysler, too, has had a higher share of two-year leases this year, while Ford and Nissan are seeing a swing away from shorter terms.
Source: Automotive News
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Ed Bobit, Founder and Chairman of Bobit Business Media, Has Passed Away

Ed Bobit, founder and chairman of Bobit Business Media, and publisher of Automotive Fleet magazine and many other media brands, passed away June 29 at the age of 86. Last summer Bobit had undergone valve-replacement surgery and had been working primarily from home. He died peacefully in his sleep. Bobit's son Ty runs the company and his eldest grandson Blake joined the company in 2010. 
Source: F&I and Showroom
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Quotable

"He [Mark Fields] is a very strong executive. He takes no prisoners. He stands for no nonsense."    

    -- Gerald Meyers, professor at the Ross School of Business at the University of Michigan, commenting on Ford's incoming CEO, Automotive News, June 30

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