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Inside this issue
GM's Q1 Global Volume Climbs 1.9%; Company Trails VW in Global Sales Race
Last Chance! Register Now for NADA's 'From Living Room to Showroom: How TV Drives Digital' Webinar
Chip-Card Rollout Has Banks, Retailers Scrambling
U.S. Close to Decision on Next Step in Jeep SUV Fires
Low Wages, Trade Deals Luring Auto Plants and Jobs to Mexico
Why Lincoln is Ready to Toss the Alphabet Soup
Click here for more auto industry news at NADAFrontPage.com. .
Top Stories
GM's Q1 Global Volume Climbs 1.9%; Company Trails VW in Global Sales Race

General Motors said [Tuesday] that it sold 2,421,123 million vehicles globally in the first quarter, a 1.9 percent increase from a year ago. GM trails Volkswagen AG by about 70,000 vehicles in the race to be the world’s biggest automaker. The other main contender, Toyota Motor Corp., is scheduled to release its global sales on May 1. GM credited its first-quarter sales increase to higher volume in China and North America. It also pointed to Opel/Vauxhall’s strength in Europe.
Source: Automotive News
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Last Chance! Register Now for NADA's 'From Living Room to Showroom: How TV Drives Digital' Webinar

NADA University Online will host the webinar "From Living Room to Showroom: How TV Drives Digital" today, April 22 at 1 p.m. ET. The free webinar, presented by Time Warner Cable Media, Inc.'s Bill Herman, will teach participants the importance of TV’s role in the media for consumers and how TV influences auto-buying decisions. Attendees will discover how to take advantage of targeted TV ads to reach consumers as they engage across screens in everyday life. Click here to register.
Source: NADA University Online
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Chip-Card Rollout Has Banks, Retailers Scrambling

To cut credit-card fraud, issuers are embedding chips; merchants say they can’t get card readers fast enough

Inside a one-story brick factory surrounded by a locked chain fence, more than a thousand workers toil in a plant that operates around the clock to help U.S. banks catch up to the rest of the world in credit-card security. The owner of the plant, Oberthur Technologies, is racing to meet the banking industry’s demand for new cards embedded with a computer chip in addition to a traditional magnetic strip. The goal: to reduce card fraud by making it harder for thieves to create counterfeit cards. Some 575 million of the new cards—representing about three-quarters of U.S. credit cards and about 40% of debit cards—are expected to be in the wallets of American consumers by year-end, making it the biggest rollout of new cards in decades.
Source: The Wall Street Journal

Editor's note: As a reminder to NADA members, many of the major credit card companies have announced that retailers must implement the new chip-card reading devices by October 2015 or face potential contractual liability for any fraud that may occur. Dealers should consult their counsel and their credit card providers.
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U.S. Close to Decision on Next Step in Jeep SUV Fires

The National Highway Traffic Safety Administration will meet this week to decide whether it will reopen its probe into 2.7 million older Jeep SUVs linked to more than 50 fires. "It is specifically starting with the numbers, which are what we all expected — very low," NHTSA chief Mark Rosekind said Tuesday, referring to the low rate of Jeep repairs. Last week Fiat Chrysler Automobiles NV said its dealers have repaired less than a quarter of 1.56 million older Jeep SUVs recalled for fire risks nearly two years after agreeing to recall them. Rosekind said an announcement on the next steps on Jeep could come as early as next week, but didn't say specifically what options an internal group at NHTSA has given him.
Source: The Detroit News

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Low Wages, Trade Deals Luring Auto Plants and Jobs to Mexico

Mexico has become the most attractive place in North America to build new automobile factories, a shift that has siphoned jobs from the U.S. and Canada, yet helped keep car and truck prices in check for consumers. In the past two years, eight automakers have opened or announced new plants or expansions in Mexico. Just last week, Toyota announced a new plant in Guanajuato to build the popular Corolla, work now done in Canada, while Ford unveiled plans for Mexican engine and transmission factories. Low labor costs and fewer tariffs are the swing factors.
Source: Associated Press
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Why Lincoln is Ready to Toss the Alphabet Soup

Does the Lincoln Continental mark the beginning of the end of the brand’s confusing “MK” naming scheme? Joe Hinrichs, Ford Motor Co.’s president of the Americas, gave the strongest hint yet that the company is ready to bring back real words, possibly by reviving iconic names such as the Town Car. “Without divulging the future,” Hinrichs said, “we’re very excited about the Continental name and the attention it’s gotten.” Lincoln’s announcement last month that the Continental will replace the MKS next year signaled that the automaker might be rethinking its decision to drop actual names nearly a decade ago.
Source: Automotive News
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Quotable

"The momentum our brands are building in China, the U.S. and Western Europe more than offset difficult conditions in some other large markets like Russia and Brazil."

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GM CEO Mary Barra, commenting on the automaker's Q1 global volume increase, Automotive News, April 21

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