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Inside this issue
Message to NHTSA: Reform First, Funding Later
Jeep Delays Full Redesign of Grand Cherokee
BMW, Toyota Agree to Platform on Shared Sports Car
Ford Builds in Silicon Valley -- and Talent Comes
Nevada Hyundai Store Sets Guinness World Record
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Top Stories
Message to NHTSA: Reform First, Funding Later

Mark Rosekind's honeymoon is over.

In previous congressional hearings on auto safety, the National Highway Traffic Safety Administration's shortcomings in major defect cases were largely cast as the result of corporate deception and a lack of agency resources. But a yearlong audit released last week by the U.S. Transportation Department's inspector general zeroed in on NHTSA's own failures, and made clear that its problems go much deeper than funding. It also added pressure on Rosekind, NHTSA's administrator since December, to push through significant reforms to justify the additional funds and powers he has sought for the agency.
Source: Automotive News
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Jeep Delays Full Redesign of Grand Cherokee

Jeep is delaying the full redesign of the Grand Cherokee by at least a year, according to Jeep CEO Mike Manley. Manley, speaking to reporters Friday at an annual Fiat Chrysler Automobiles vehicle event for journalists at the company’s proving grounds, said the Grand Cherokee redesign now will come in late 2018 or 2019. It had been scheduled to roll out in late 2017.
Source: The Detroit News

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BMW, Toyota Agree to Platform on Shared Sports Car

BMW AG and Toyota Motor Corp. are moving ahead on a project to jointly develop a midsize sports car with an agreement on common underpinnings of major components for the model. The program to create the vehicle is “progressing according to plan” with the accord on the platform, BMW said in an emailed response to questions. Carmakers are trying to ease the burden of investing in new models as the cost of technology such as autonomous driving and more efficient engines strains profitability.
Source: Bloomberg
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Ford Builds in Silicon Valley -- and Talent Comes

When Chih-Wei Tang tells people here that he works for Ford, they usually assume he means a local dealership. Tang is a mechatronics engineer at Ford Motor Co.'s Silicon Valley Research and Innovation Center, which opened in January. A Stanford University graduate student when a Ford recruiter called, Tang could have pursued a career with any number of nearby technology companies, but Ford impressed him with the level of resources it's devoting to the area. "Cars are not something that Silicon Valley people think about on a daily basis," he said. "But it really struck me that they are serious about being here and being part of the community." By setting up shop in Palo Alto, Ford has begun attracting employees who would be unlikely to join the automaker at its main campus in Michigan. Ford sees their diverse backgrounds and perspectives as vital assets in a rapidly advancing industry. 
Source: Automotive News
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Nevada Hyundai Store Sets Guinness World Record

The Henderson Hyundai Superstore announced Monday that it has received a Guinness World Record for orchestrating the largest-ever parade of Hyundai vehicles. Henderson Hyundai, the No. 1-rated Hyundai dealer in Nevada three years running on DealerRater, hosted the parade event in December to honor National Impaired Driving Prevention Month. The dealership invited local Hyundai owners to participate, pledging a donation to STOP DUI, a local organization dedicated to bringing awareness to the consequences of intoxicated driving, for each participant. The parade reached a final tally of 218 Hyundai vehicle participants and donated $4,000 to STOP DUI. The world record was previously held by UAB SDG, a Lithuanian business consulting firm.
Source: Auto Remarketing
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Quotable
"June, today, is looking really strong for Jeep."

   
-- Jeep CEO Mike Manley, commenting on strong sales in the U.S., The Detroit News, June 26

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