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August 8, 2016 FacebookTwitterFlickrRSSSEND TO A FRIENDPRINT
Inside this issue
Dealer Groups Open Fire on Cadillac Retail Plan
Another Airbag Maker Is Under Scrutiny After Fatal Rupture
U.S. Finds Unapproved Emissions Software in VW Audi Engines
As Sales Plateau, Big Incentives Return
Register for the NADA Convention by Sept. 9 and Save $100
Top Stories
Dealer Groups Open Fire on Cadillac Retail Plan

Letters cite conflicts with franchise agreements, state laws 

Some state dealer groups are demanding that Cadillac scrap its controversial new dealer-incentive program, Project Pinnacle, claiming brand chief Johan de Nysschen's vision for transforming the retail network would violate franchise agreements and intentionally cull smaller stores. In a sharply worded letter to de Nysschen dated Aug. 3 and obtained by Automotive News, seven state dealer association heads say Project Pinnacle would create several tiers of "effective pricing," as Cadillac funnels a disproportionate amount of money to larger, urban stores that are better able to make pricey investments in services such as complimentary roadside assistance.
Source: Automotive News

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Another Airbag Maker Is Under Scrutiny After Fatal Rupture

Airbags made by a Tennessee supplier came under heightened scrutiny on Thursday after a rupture in one of its bags was linked to the death of a driver in Canada last month. The National Highway Traffic Safety Administration, the American regulator, said it had opened a formal investigation of bags made by the company, ARC Automotive. The fatal rupture raised the prospect of adding millions of cars to an already extensive recall of exploding airbags made by another manufacturer, Takata.
Source: The New York Times

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U.S. Finds Unapproved Emissions Software in VW Audi Engines

U.S. authorities have found three unapproved software programs in 3.0 liter diesel engines made by Volkswagen's Audi unit, German weekly Bild am Sonntag reported, without saying where it had obtained the information. The software allowed the turbocharged direct injection (TDI) engines used in Audi's Q7, Porsche's Cayenne and VW's Touareg models to shut down emissions control systems after about 22 minutes, the paper said.
Source: Reuters

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As Sales Plateau, Big Incentives Return

Amid signs that the U.S. new-vehicle market has stopped growing, July marked the industry’s strongest selling rate of the year. Through July, sales were 1.1 percent ahead of last year’s record pace. But several forecasters have reduced their outlook for the remainder of 2016, and some automakers are starting to fight the stagnating market with more aggressive incentives.
Source: Automotive News

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Register for the NADA Convention by Sept. 9 and Save $100

The discounted registration rate for NADA members and managers includes admission to NADA 100 Carnival.

Online registration and hotel selection for the 2017 NADA Convention and Expo in New Orleans is now open. NADA members and their managers who register by September 9 will receive a $100 discount.



NADA, founded in 1917, will kick off yearlong events commemorating its 100-year anniversary with NADA 100 Carnival in New Orleans. The exclusive event for NADA members, international affiliates and guests will be held at Mardi Gras World on Thursday, January 26. The Carnival will feature cuisine from top New Orleans restaurants, as well as musical entertainment from Foreigner, Cowboy Mouth and jazz favorites. The NADA member and manager registration fee includes admission to the NADA 100 Carnival. The four-day NADA Convention, which runs from January 26 to 29, includes keynote speakers, dealer franchise meetings, workshops, an Expo and numerous networking events. Click here to register.
Source: NADA

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Past Articles
       
      Quotable
      "There is real apprehension that this program has the look of previous initiatives in GM's history, which left many dealers on the outside."

          -- Seven state dealer associations wrote in a letter to Cadillac President Johan de Nysschen concerning Project Pinnacle, Automotive News, August 8  

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