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Inside this issue
CFPB Bill H.R. 1737 Likely to Come to House Floor Next Week
German Luxury Brands Porsche, M-B and Mini Rule the Car-Buying Process
VW Sets Nov. 30 Deadline for Whistleblowers to Come Forward
2016 Fuel Economy Guide Now Available
GM Moves Forward with Plans to Sell China-Made Buick Crossover in U.S.
Ford First Automaker to Test Driverless Car at Mcity
The Cars to Watch for at the Los Angeles Auto Show
Top Stories
CFPB Bill H.R. 1737 Likely to Come to House Floor Next Week

The U.S. House of Representatives is likely to vote on H.R. 1737 next week — an NADA-backed bill that would rescind the Consumer Financial Protection Bureau's (CFPB) flawed guidance on auto lending from 2013.

The guidance attempts to radically change the auto finance market without public comment, a hearing or transparency. H.R. 1737 would rescind that guidance and require a transparent process for any future guidance, as well as input from affected parties.

Dealers should contact their members of Congress and urge a “Yes” vote on H.R. 1737. Call Congress NOW at 202.225.3121 to reach your Representative or visit
www.house.gov/representatives/find to find your Representative.

For more information on H.R. 1737, visit www.nada.org/cfpb or contact NADA legislative affairs at 202.547.5500.
Source: NADA Legislative Affairs
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German Luxury Brands Porsche, M-B and Mini Rule the Car-Buying Process

German luxury brands continue to rule when it comes to satisfaction with the new-car buying process, according to U.S. consumers. Porsche shoved Mercedes-Benz from first to second place in sales satisfaction among luxury brands in J.D. Power’s 2015 U.S. Sales Satisfaction Index Study released [Thursday]. Porsche’s score rose 14 points from a year ago to 752 points on the 2015 index. It placed fifth among luxury brands in 2014. Mercedes-Benz scored 749, a decline of 12 points from last year. For a sixth consecutive year, Mini ranks highest among mass-market brands, with a score of 762, a 35-point increase from 2014. Among luxury brands, Lexus placed third, up from fourth place last year.
Source: Automotive News

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VW Sets Nov. 30 Deadline for Whistleblowers to Come Forward

Volkswagen AG set a Nov. 30 deadline for workers to come forward and disclose information about the company's two emissions scandals in a move to speed up investigations. Europe's largest automaker has been making slow progress in finding out who had knowledge of the rigging of diesel emissions tests two months after the violations became public in the United States, and last week also admitted to cheating on carbon dioxide emissions certifications. Under the whistleblower program, approved by VW's top management, workers who get in touch with internal investigators no later than Nov. 30 will be exempt from dismissals and damage claims, according to a letter from VW brand chief Herbert Diess to staff seen by Reuters on Thursday.
Source: Reuters
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2016 Fuel Economy Guide Now Available

By law, dealers must provide the guide upon request

The U.S. Department of Energy and the Environmental Protection Agency have just released their 2016 Fuel Economy Guide. The guide provides detailed fuel economy numbers for MY 2016 light-duty vehicles, along with estimated annual fuel costs and other information for prospective purchasers. Dealers must display a copy of the guide and provide copies to customers upon request.

You can print copies from the electronic version, order hard copies of the guide here or use this form to order copies by mail. If ordered, hard copies will be mailed, free of charge, this month.

Click here for an EPA/DOE letter detailing how to make the guide available to customers. 
Source: NADA
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GM Moves Forward with Plans to Sell China-Made Buick Crossover in U.S.

General Motors is moving ahead with plans to sell the Chinese-made Buick Envision crossover in the U.S. Two people with knowledge of the plans told Automotive News that GM was likely to green light Envision exports to the U.S. for sale as early as late spring, but stopped short of saying the plan has been finalized. GM is targeting annual U.S. sales of 30,000 to 40,000 a year, with deliveries beginning next spring, The Wall Street Journal reported, citing people familiar with the matter.
Source: Automotive News

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Ford First Automaker to Test Driverless Car at Mcity

Ford Motor Co. is the first automaker to test a fully autonomous vehicle at Mcity, an Ann Arbor automotive proving ground intended to help Michigan lead in driverless-car technology. The Dearborn automaker has been testing autonomous vehicles for more than 10 years and is now expanding testing on an autonomous Fusion on the diversity of roads and realistic neighborhoods of the 31-acre Mcity near the University of Michigan’s North Campus Research Complex to accelerate research of advanced sensing technologies.
Source: The Detroit News

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The Cars to Watch for at the Los Angeles Auto Show

Next week, thousands of executives from the world’s biggest car companies will descend on a downtown convention center for the 2015 Los Angeles Auto Show. More than 4,000 journalists from around the world will meet them there, primed with questions about growth markets, sales estimates, and how the Volkswagen diesel scandal will affect them. There will also be hundreds of new cars, including 30 world debuts for 2016.
Source: Bloomberg

Editor's note: The NADA/J.D. Power AutoConference LA will be held Tuesday, November 17, which precedes press days at the Los Angeles Auto Show. For more information and to register, click here.
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Quotable
"Dealerships should understand that customers want and trust technology and that it can enhance efficiencies. Dealers that disregard it may risk being left behind in three to five years."

    -- Chris Sutton, vice president of the automotive retail practice at J.D. Power, commenting on its 2015 U.S. Sales Satisfaction Index Study, Automotive News, Nov. 12

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