View Mobile Version | View Web Version

SPONSORED BY
 
NADA.org
May 28, 2015 FacebookTwitterFlickrRSSSEND TO A FRIENDPRINT
nada.orgAdvocacyAffiliates | Convention | Jobs | Programs | Publications | Services | Training

Inside this issue
Marchionne Sees Industry Merger By 2018
Judge Puts GM Suits on Hold Pending Appeal
For Sale: Ford Electric Vehicle Technology Patents
Fiat Chrysler Reducing Powertrain Warranties to 60,000 Miles for 2016 Models
Mercedes or Mazda? Alliances Change the Face of Auto Industry
Click here for more auto industry news at NADAFrontPage.com. .
Top Stories
Marchionne Sees Industry Merger By 2018

Opel's Neumann: 'In principle, Marchionne is right'

FCA CEO Sergio Marchionne is convinced a merger in the auto industry will happen before 2018, he said during a visit to the carmaker's Melfi plant in southern Italy. "I am absolutely certain that before 2018 there will be a merger," he said in response to a question of whether he saw consolidation happening in the industry, without specifying whether this would involve FCA. "It's my personal opinion, based on a gut feeling."
Source: Reuters

Related Story:


Share: LinkedIn Twitter Facebook

[back to top]

Judge Puts GM Suits on Hold Pending Appeal

A federal bankruptcy judge said Wednesday he was putting on hold dozens of ignition switch lawsuits against General Motors Co. until an appeals court rules on whether the Detroit automaker has bankruptcy immunity. The Detroit automaker had asked U.S. Bankruptcy Judge Robert Gerber to toss out the lawsuits after his ruling on April 15 that said the automaker would not have to face the suits — and as much as $10 billion in damages — stemming from its decade-long failure to disclose an ignition-switch defect that has been blamed for more than 300 deaths and injuries. In a 13-page ruling Wednesday, Gerber said he was issuing a legal stay barring further action in dozens of lawsuits until the U.S. Court of Appeals has a chance to review his decision.
Source: The Detroit News

Related Story:


Share: LinkedIn Twitter Facebook

[back to top]

For Sale: Ford Electric Vehicle Technology Patents

Ford plans to hire 200 engineers this year to work on electrification programs in the new lab Ford recently built in Dearborn to expand this work

Bill Ford's sustainability efforts continue with the decision to offer competitors access to the automaker's patents on its electric vehicle technology as the company adds engineers to ramp up research for future vehicles. Executive Chairman Ford was to make the announcement today during a speech at the Mackinac Policy Conference, calling it a move to help accelerate industry-wide research and development of electrified vehicles. Ford owns more than 25,000 patents in the U.S. In 2014, Ford filed more than 2,000 new applications, of which more than 400 patents — or 20% — were related to electric vehicle technologies.
Source: Detroit Free Press
Share: LinkedIn Twitter Facebook

[back to top]

Fiat Chrysler Reducing Powertrain Warranties to 60,000 Miles for 2016 Models

Fiat Chrysler will abandon its 5-year/100,000-mile powertrain warranty in the United States for the 2016 model year in favor of a 5-year/60,000-mile guarantee. The move follows a similar change in March by General Motors, which reduced the 5-year powertrain warranties on its Chevrolet and GMC vehicles from 100,000 to 60,000 miles. “Following changes already made by competitors, FCA US is adjusting powertrain warranty coverage for 2016 model year vehicles to be more consistent with industry practices,” FCA said in a statement to Automotive News.
Source: Automotive News
Share: LinkedIn Twitter Facebook

[back to top]

Mercedes or Mazda? Alliances Change the Face of Auto Industry

When the new iA comes to Scion showrooms later this year, it will mark the first time Toyota's youth-oriented brand has offered a sedan. To bring it to market, Scion sought some help, largely repurposing a 4-door model developed by smaller Japanese automaker Mazda. Toyota also will use the subcompact Mazda2 as the starting point for the next version of its small Yaris model - which will be assembled at a new Mazda plant in Mexico. Confused? You're not alone. It takes more than just a scorecard to keep up with the convoluted alliances in today's increasingly competitive auto industry. Hoping to add more models to their line-ups while driving down costs, traditional competitors are finding advantages to working together.
Source: The Detroit Bureau
Share: LinkedIn Twitter Facebook

[back to top]

More Articles
 
Quotable

"Innovation is our goal."

   --- Kevin Layden, director of Ford Electrification Programs, commenting on the automaker's plan to hire 200 engineers in 2015 to ramp up research for future vehicles, Detroit Free Press, May 28

Sponsored by

NADA Market Beat
CUVs Account for 28.6% Market Share, Up 1.7% in April
Chairman's Message
Congress Won’t Preserve Consumer Discounts Without Your Help
Videos

Warren Buffett and Larry Van Tuyl Interview
(NADA-TV)


Q&A: Warren Buffett, Larry Van Tuyl
(NADA-TV)


Buffett & Van Tuyl: Tesla Not a Threat (CNBC)



Get the Facts: The Benefits of Franchised Auto Dealers


NADA Foundation: On the Go(Pro) with Canine Companions

NADA Webinars
All webinars will be held at 1 p.m. ET unless otherwise noted.

-- June 3: Resolving the High Cost of Disengagement


Sponsored by

 

NADA Foundation News
Pacific Lutheran University Receives NADA Foundation Grants
 
Search Back Issues | Unsubscribe | Subscribe | Manage your subscription | email us
NADA For more information on NADA, visit www.nada.org or contact NADA, 8400 Westpark Drive, McLean, VA 22102. This email may contain an advertisement of NADA products and services. Any opinions or statements contained herein do not necessarily reflect the views of NADA. Factual errors are the responsibility of the listed publication. If you are a franchised new-car or -truck dealer and would like to become a member of NADA, please visit the Join NADA section of www.nada.org. Questions or comments concerning NADA Headlines content may be directed to publicaffairs@nada.org .