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Inside this issue
OSHA Repeals Dealer Recordkeeping Exemptions
NADA Shows Support for New CFPB Reform Bill
Register Now for Upcoming NADA Webinar: 'Federal Defect and Noncompliance Safety Recalls'
How Automakers, Suppliers are Preparing for Tougher Emissions Rules
GM Gunning for More Pickup Wins
U.S. Shrinks Ally Stake to 13.8 Percent
Ex-Ford CEO Mulally Undecided on Next Step, Says He Won't Run for President
More Female Car Buyers Means Changes in Marketing
Click here for more auto industry news at NADAFrontPage.com. .
Top Stories
OSHA Repeals Dealer Recordkeeping Exemptions

The Occupational Safety and Health Administration (OSHA) repealed a number of industry exemptions from its mandate that employers with 11 or more employees keep a workplace injury and illness log, including one for car dealers that dates back to the 1980s. Effective January 1, 2015, car dealers must use OSHA Form 300 to record workplace injuries and illnesses.  By February 1, 2016, they must also post an OSHA Form 300A summary of the workplace injury and illnesses that occurred in 2015. Dealers can access an OSHA fact sheet on today’s rule and an online tool to train employees on how to fill out the newly required forms.
 
As a concession, the final rule contains a commitment by OSHA to review the efficacy of today’s changes in two years, the direct result of NADA’s unwavering opposition to the exemption repeal, first proposed by OSHA in 2011. Regulatory Affairs will soon issue an all-member FAQ on the topic. Questions can be directed to NADA Regulatory Affairs at 703.821.7040 or regulatoryaffairs@nada.org.
Source: NADA Regulatory Affairs
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NADA Shows Support for New CFPB Reform Bill

The National Automobile Dealers Association (NADA) is urging Congress to pass a new bipartisan bill that would nullify the Consumer Financial Protection Bureau (CFPB)'s guidance on auto lending and require more transparency and accountability from the agency on future guidance. H.R. 5403, called the “Reforming CFPB Indirect Auto Financing Guidance Act,” would allow the agency to reissue its guidance under a more transparent process. The measure is sponsored by Reps. Marlin Stutzman (R-Ind.) and Ed Perlmutter (D-Colo.), and was introduced Sept. 8. The bill is a narrower version of H.R. 4811, which was reported out of the House Financial Services Committee by a bipartisan vote of 35-24 in June. “The CFPB's actions will likely raise the cost of credit for car buyers,” said NADA Chairman Forrest McConnell. “The CFPB is attempting to change the $905 billion auto loan market and limit market competition without prior public comment and without analyzing the impact of its guidance on consumers.
Source: F&I and Showroom

Editor's note: Dealers are urged to contact their House members to cosponsor H.R. 5403. To locate your House member, click here. For the issue brief on H.R. 5403, click here.

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Register Now for Upcoming NADA Webinar: 'Federal Defect and Noncompliance Safety Recalls'

Designed for dealers and their staffs, the Sept. 17 safety recall webinar will review the purpose and history of federal safety recalls and how best to access VIN-specific recall information on the National Highway Traffic Safety Administration's new website. Presented by experts from NHTSA and NADA, the webinar will also touch on how recall determinations are made, how recall campaigns are conducted, and how NHTSA oversees the process. Dealership obligations, such as the new vehicle sales prohibition, will also be highlighted.

To register for this free live webinar, click here. A webinar recording will also be made available on NADA University Online in late September.
Source: NADA University Online
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How Automakers, Suppliers are Preparing for Tougher Emissions Rules

The EPA's stricter Tier 3 emissions standards that take effect in 2017 are a double-edged sword for most automakers. In the first three years, 2017-19, of the phased-in regulations, light-vehicle technology will need few changes. The regs call for less sulfur in fuel, which by itself will reduce emissions. To meet the standards in the early years, automakers will adopt well-known technology to increase engine efficiency. Vehicles with eight-, nine- and 10-speed transmissions, for instance, will help engines run more efficiently. More hybrids and electric vehicles are coming. And most vehicles will use more efficient emissions parts, such as catalytic converters with higher volumes of precious metals. But the hard work starts in 2020.
Source: Automotive News
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GM Gunning for More Pickup Wins

Chevy incentives take aim at vulnerable Ford

General Motors — fresh off its first monthly sales win this year against Ford in the pickup segment — is looking to gain more ground. For September, GM is offering special leases and rebates under a Truck Month promotion and dangling bonus cash for Chevrolet dealers who hit Silverado retail sales targets. GM will pay a bonus of $1,300 for every sale of 2014 and ’15 pickups to dealers who hit their targets, according to a memo outlining the program. “GM is throwing some money out there that we're all chasing,” said Dominique DeNooyer, a sales manager at Robert DeNooyer Chevrolet in Holland, Mich., who says September truck sales are strong so far. “You can tell GM is focused on getting back some market share from Ford.”
Source: Automotive News
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U.S. Shrinks Ally Stake to 13.8 Percent

The U.S. Treasury said it sold another nearly 9 million shares in its Ally Financial stake, shrinking its remaining stake to 13.8 percent, and has begun the sale of its remaining shares. The Treasury said it sold 8.89 million shares in the Detroit-based auto lender for $218.7 million under a trading plan announced in mid-August. It holds 66.2 million remaining shares; at that pace, the government might not complete its exit for another seven months or so.
Source: The Detroit News
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Ex-Ford CEO Mulally Undecided on Next Step, Says He Won't Run for President

Former Ford president and CEO Alan Mulally said Sunday he will not run for president after leaving the door open last week in an appearance at a conference in Indianapolis. But he said he remains undecided on his next step, despite receiving significant interest among possible future employers. Asked at a forum in Indianapolis by an ABC News reporter if he would consider running for president, Mulally, 68, who is also a former longtime Boeing Co. executive, didn't directly answer. Mulally said in an email to The Detroit News late Sunday that he's not running for president. Indianapolis was one of Mulally's highest profile events since stepping down at Ford after joining the company in 2006.
Source: The Detroit News
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More Female Car Buyers Means Changes in Marketing

Women are different than men. We all learned that when we were young, and we're reminded of this every day as adults. Whether it's at work, at the mall, or in our own homes, we're constantly reminded that men and women aren't the same. So, why has it taken the automotive industry so long to determine that female car buyers are different than male car buyers? Sure, everyone knows that women buy and drive cars, but that doesn't mean women have the same priorities, interests, or concerns as men. Finally, research is being published to promote the idea that female car buyers require different sales and marketing approaches. It's undeniable that the automotive industry, especially the local sales field, has traditionally been a male-dominated area. But, just because The National Automobile Dealers Association says 91% of car salesmen at franchised dealerships are men, that doesn't mean all vehicle buyers are men these days. Times are changing.
Source: The News Wheel
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Quotable
"We've got the newest truck in the industry and the strongest season of the year for truck sales. We're going to compete for every sale, with discipline on incentives and a strong focus on the durability and performance of our pickups."

   
-- Jim Cain, GM spokesman, commenting on the automaker's efforts to increase truck sales, Automotive News, Sept. 15

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