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December 9, 2015 FacebookTwitterFlickrRSSSEND TO A FRIENDPRINT
Inside this issue
U.S. Proposes Major Changes to Vehicle Crash Ratings
Volkswagen: Carbon Emissions Issue Smaller Than Previously Believed
Video: Guinta Bill Rebukes CFPB to Restore Discounts to Car Buyers
Ford Trends Report: Consumers Optimistic, Self-Reliant
GM to Invest $127M in Indiana Facility, Create 127 Jobs
What Auto Domain Extensions Mean for Dealers
Import Brands Dominate List of Finalists for North American Car and Truck of the Year
Top Stories
U.S. Proposes Major Changes to Vehicle Crash Ratings

Automakers encouraged to add crash avoidance technology to earn top score

Federal regulators today proposed overhauling the government’s five-star vehicle safety ratings to add scores for crash avoidance technology and pedestrian protection and to incorporate a new test that measures performance in a frontal offset crash. The new system, which would allow vehicles to be scored in half-star increments for the first time, would be used on cars and trucks starting with the 2019 model year. The National Highway Traffic Safety Administration said it plans to collect public comments and issue a final decision by the end of 2016.
Source: Automotive News

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Volkswagen: Carbon Emissions Issue Smaller Than Previously Believed

Volkswagen said Wednesday that the number of its vehicles with misstated carbon emissions figures is much smaller than it previously estimated and that it will not have to spend $2.2 billion to address the matter. The company had previously acknowledged "irregularities" in the carbon emissions of 800,000 vehicles, but now says it's "only a small number" and said any financial impact would be "minor." The carbon emissions issue is unrelated to the company's ongoing diesel emissions scandal, but the news was still encouraging for investors. Volkswagen shares rose 6% as of 7:48 a.m. ET to $131.15 in trading on a German stock exchange.
Source: USA Today

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Video: Guinta Bill Rebukes CFPB to Restore Discounts to Car Buyers

New Hampshire Republican Rep. Frank Guinta (R-N.H) sponsored a bill that would restore the ability of car dealers to offer discounts to car buyers out of the commission they earn from financing the purchase. The Consumer Financial Protection Bureau banned the practice, claiming their was a potential for discrimination.
Source: One America News Network
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Ford Trends Report: Consumers Optimistic, Self-Reliant

Ford Motor Co. on Wednesday released its annual trends report, which looks at microeconomic factors that are expected to influence consumers and brands for 2016 and beyond. The report gives insight into why customers like certain apps in their vehicle, why they’re picking SUVs over cars, and what kind of customer experience they want at dealerships and service centers. It examines their changing views on health, consumption, transportation and work, and how they relate to automotive and other industries. This year, the report found an underlying level of optimism.
Source: The Detroit News
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GM to Invest $127M in Indiana Facility, Create 127 Jobs

General Motors Co. said Tuesday it will invest $127.4 million at its Bedford Castings Operations plant in Bedford, Indiana, creating about 127 jobs in the future. The company said the investment in powertrain and structural components will support production for new aluminum engine blocks and components. GM said it would provide details on the timing and applications later. It’s the first announcement out of $1.9 billion in investment GM has planned over four years as part of its new contract with the United Auto Workers.
Source: The Detroit News
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What Auto Domain Extensions Mean for Dealers

As announced last week, automotive companies will soon have three more domain extensions to choose from when crafting their Web presence: .cars, .car and .auto. The domains are being launched by Cars Registry — a joint venture between domain companies XYZ and Unregistry. To get some insight into what this means for dealers, Auto Remarketing reached out to Daniel Negari, chief executive officer of Cars Registry. “Cars Registry Ltd. was formed by two domain industry leaders, XYZ and Uniregistry, with the vision of providing authoritative and memorable domain options for the auto industry,” he said. So, why the new domains?
Source: Auto Remarketing
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Import Brands Dominate List of Finalists for North American Car and Truck of the Year

Chevy Malibu, Honda Civic, Mazda MX-5 Miata seek car honor; Honda Pilot, Nissan Titan XD, Volvo XC90 vie for top truck

The Chevrolet Malibu, Honda Civic and Mazda MX-5 Miata were named finalists for the 2016 North American Car of the Year, and the Honda Pilot, Nissan Titan XD and Volvo XC90 were named truck finalists. The finalists -- five of the six going to import brands -- were announced [Tuesday] at an Automotive Press Association luncheon in Detroit. The 2016 North American Car and Truck of the Year will be announced in January at the Detroit auto show.
Source: Automotive News
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Quotable
"We strive to make people’s lives better. If we can make mobility a force for good ... we can move closer to our goal."

    -- Sheryl Connelly, global trend and futuring manager for Ford, commenting on the automaker's recent trends report, The Detroit News, Dec. 9

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