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Inside this issue
U.S. Judge Stalls Takata Class Action as Jurisdiction Gets Decided
GM Ignition Switch Death Toll Hits 38
Register for NADA Webinar: 'Total View of Customer Insights Drive Showroom Sales'
DOD to Prohibit the Use of Certain Military Allotments
BMW Names Krueger as New CEO; Reithofer to be Chairman
VW Hires BMW Exec Diess to Lead Core Car Brand
Chrysler Expands High School Design Competition
Click here for more auto industry news at NADAFrontPage.com. .
Top Stories
U.S. Judge Stalls Takata Class Action as Jurisdiction Gets Decided

Consumers can't immediately pursue a lawsuit against Takata Corp. and multiple carmakers claiming loss of vehicle value tied to airbag recalls while awaiting a decision that would combine more than 50 cases before one judge. U.S. District Judge James Lawrence King on Monday stayed proceedings in a proposed class action filed in Miami federal court and denied a plaintiffs' request for immediate disclosure of evidence. A panel of federal judges will decide after a Jan. 29 hearing whether the Florida case will be combined with the others and, if so, which judge would oversee the lawsuits. Waiting for the panel to combine the cases is more “efficient” than handling motions in individual suits, King said at a hearing in Miami on Monday.
Source: Bloomberg

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GM Ignition Switch Death Toll Hits 38

Two more death claims have been approved by the General Motors Co. compensation fund for those killed or injured because of defective ignition switches in GM cars, bringing the total of approved death claims to 38. Compensation fund adviser Kenneth Feinberg also said Monday that seven additional injury claims had been approved, bringing the total to 51. Only 47 new claims were submitted last week — one of the slowest weeks since the fund was established — bringing the total to 2,262. The number of death claims rose to 239, up from 229, and serious injury claims rose to 150, up from 142 over a week earlier.
Source: The Detroit News
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Register for NADA Webinar: 'Total View of Customer Insights Drive Showroom Sales'

NADA University Online will host the webinar "Total View of Customer Insights Drive Showroom Sales" tomorrow, Dec. 10 at 1 p.m. ET. The free webinar will teach how the basic obstacles to purchase are easily overcome, and how the total view of customer insights can help improve a dealership's cash flow. For more information and to register, click here.
Source: NADA University Online
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DOD to Prohibit the Use of Certain Military Allotments

The Department of Defense has announced that, effective January 1, 2015, service members will be prohibited from using new military allotments to purchase, lease, or rent personal property, including vehicles. This change to DOD regulations does not affect existing allotments and applies only to service members and not military retirees or DOD civilians. Additional information is available here.
Source: NADA Regulatory Affairs
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BMW Names Krueger as New CEO; Reithofer to be Chairman

BMW CEO Norbert Reithofer will step down from his post and be replaced by Harald Krueger, the company's 49-year-old production chief. Reithofer, who has run BMW since 2006, is slated to succeed Joachim Milberg as chairman of the company's supervisory board, BMW said in a statement. Krueger's appointment will take effect May 13, 2015, at the end of the automaker's annual meeting, BMW said.
Source: Reuters

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VW Hires BMW Exec Diess to Lead Core Car Brand

Volkswagen Group has appointed BMW development chief Herbert Diess to its management board. Diess, 56, will take over as chairman of the Volkswagen passenger car brand from CEO Martin Winterkorn, effective Oct. 1, 2015, VW said in a statement. Winterkorn, 67, will remain CEO of the group, which also includes the Audi, Porsche, Bentley, Bugatti and Lamborghini brands, the company said.
Source: Automotive News
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Chrysler Expands High School Design Competition

Chrysler Group LLC is expanding its “Detroit Autorama High School Design Competition” into a national event. The automaker recently announced that the third annual competition is growing from a Michigan-only competition to include all U.S. public high school students in grades 10-12. For the competition, Chrysler is asking students to look to the future and design a next-generation Dodge brand vehicle for the year 2025, and include a 500-word essay explaining what the Dodge brand means to them.
Source: The Detroit News
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Quotable

"The automotive industry is undergoing a fundamental shift, we have to hand over responsibility to the next generation at an appropriate time."

   
-- BMW Chairman Joachim Milberg, commenting on the automaker's newly appointed CEO Harald Krueger being the industry's youngest in that role, Bloomberg, Dec. 9

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