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Inside this issue
U.S. Orders Up to 40 Million More Takata AirBags Recalled
GM Sales Formula for Dealers Violates NY Law, Ruling Says
Auctions Sold More Cars for More Money in 2015, Survey Shows
Average Fuel Economy Dips, Likely Driven by Rising Pickups, SUVs, Researchers Say
Billions Are Being Invested in Driverless Cars That Americans Don't Want
Ford to Invest $182M in Software Company Pivotal
NADA Accepting 2017 Convention Workshop Proposals
Top Stories
U.S. Orders Up to 40 Million More Takata AirBags Recalled

Takata Corp. has been ordered to replace as many as 40 million additional air bags linked to deadly malfunctions, more than doubling what was already the biggest auto recall in U.S. history and putting more pressure on the troubled parts maker whose stock has plunged. The National Highway Traffic Safety Administration announced the recall Wednesday after a week of leaks and weeks of discussions with the company. The action will include all air-bag inflators that don’t have a desiccant to reduce moisture, a factor thought to contribute to misfires that spray bits of metal into the passenger compartment.
Source: Bloomberg

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GM Sales Formula for Dealers Violates NY Law, Ruling Says

A formula used by General Motors to determine if dealers are selling enough GM vehicles in local franchise areas violates New York law, the state Court of Appeals determined Tuesday. The 5-1 court held in Beck Chevrolet v. General Motors, 48, that the GM sales standards violate the Franchised Motor Vehicle Dealer Act, a 2008 statute designed to prohibit abusive business practices by auto manufacturers against their local franchisees. Specifically, the court found GM was using an "unreasonable and unfair" standard against Beck Chevrolet, a dealer in Yonkers, by applying the Retail Sales Index or RSI—one of its gauges to judge sales levels by local dealerships.
Source: New York Law Journal

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Auctions Sold More Cars for More Money in 2015, Survey Shows

Last year was a robust one for the auto-auction business, both in vehicles sold and prices paid. National Auto Auction Association member auctions sold 9.3 million vehicles in 2015, up 6.5 percent from 2014, the association’s latest annual survey found. It was the fourth straight year of increase, following four years of declines. Prices paid for those sold vehicles totaled $90.6 billion in 2015, up 10.8 percent from 2014’s $81.8 billion.
Source: Automotive News

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Average Fuel Economy Dips, Likely Driven by Rising Pickups, SUVs, Researchers Say

After a record-breaking April for light-vehicle sales, the average fuel economy of those vehicles dipped slightly from March, a University of Michigan Transportation Research Institute report said. The average window-sticker rating of cars, SUVs, vans and pickups purchased in April was 25.2 mpg, down 0.1 mpg from March. “This decline likely reflects the increased market share of pickup trucks and SUVs,” researchers Michael Sivak and Brandon Schoettle wrote in an email.
Source: Automotive News

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Billions Are Being Invested in Driverless Cars That Americans Don't Want

Brian Lesko and Dan Sherman hate the idea of driverless cars, but for very different reasons. The driverless revolution is racing forward, as inventors overcome technical challenges such as navigating at night and regulators craft new rules. Yet the rush to robot cars faces a big roadblock: People aren’t ready to give up the wheel.
Source: Bloomberg

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Ford to Invest $182M in Software Company Pivotal

Ford Motor Co. is investing $182.2 million in Palo Alto-based software company Pivotal, marking the latest collaboration between Detroit’s automakers and Silicon Valley. The move will lead to quicker updates for cloud-based software like the recently created FordPass customer experience app and Dearborn shuttle service.
Source: The Detroit News

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NADA Accepting 2017 Convention Workshop Proposals

The deadline to submit a workshop proposal is May 16, 2016.

The workshops are one of the main attractions at the annual NADA Convention and Expo. Nearly 16,200 participants, which included new-car dealers, dealership managers and industry professionals, attended the workshop sessions at the past convention in Las Vegas. Workshop proposals for the 2017 NADA convention, which will be held in New Orleans, can be submitted online until 5 p.m. EDT on May 16, 2016. For detailed instructions on how to submit a workshop proposal, click here.
Source: NADA Dealership Operations

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          "We will continue to dedicate significant resources to maximize recall completion rates."

              -- Takata Chairman and CEO Shigehisa Takada, on the expansion of the airbag recall in the U.S., Bloomberg, May 4

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