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August 24, 2016 FacebookTwitterFlickrRSSSEND TO A FRIENDPRINT
Inside this issue
NADA Seeks Donations to Help Dealership Families Affected by Floods
Judge Denies GM's Mid-Trial Bid to Toss Texas Ignition Switch Case
Battle Lines Drawn in Fuel-Economy Showdown
Daimler Adopts Silicon Valley Tactics to Counter New Rivals
FTC Issues Warning to Sellers of Certain VW Vehicles
11 Hotels Sold Out; $100 Registration Discount Ends Sept. 9
Top Stories
NADA Seeks Donations to Help Dealership Families Affected by Floods

National Automobile Dealers Association President Peter Welch is asking dealerships across the U.S. to donate $1,000 each to NADA’s Emergency Relief Fund and is hoping to raise $2 million total for dealership employees affected by the floods in Louisiana. On Monday, Welch and Annette Sykora, chairman of the National Automobile Dealers Charitable Foundation, arrived in Baton Rouge, La. The two are talking to dealership employees to assess how much financial aid is needed. Sykora said that financial assistance from NADA will be needed for months and that the floods are “the worst natural disaster since Hurricane Sandy.” Dealerships or employees that want to donate or apply to the relief fund should visit the NADA website.
Source: Automotive News

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Judge Denies GM's Mid-Trial Bid to Toss Texas Ignition Switch Case

General Motors Co. said Tuesday a Texas judge had denied its bid to throw out a lawsuit over a fatal 2011 crash blamed on a faulty ignition switch, after the company accused a car driver and his lawyers of fabricating evidence about the vehicle’s key. Harris County Judge Robert Schaffer said in his mid-trial ruling, however, that he would instruct jurors that a key shown to them was not the one used by Zachary Stevens to drive the 2007 Saturn Sky involved in the crash, according to GM.
Source: Reuters

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Battle Lines Drawn in Fuel-Economy Showdown

Feds cut off public comment on new CAFE standards over automaker protests.

The U.S. Environmental Protection Agency and the National Highway Transportation Safety Administration have decided to cut off public comment on the federal fuel-efficiency regulations and denied a request by automakers to extend the comment period. The decision sets up a showdown between federal regulators and automakers that argue the current regulations are too stringent given the prevailing drop in fuel prices and the shift in consumer demand towards larger, less fuel-efficient vehicles, such as trucks and sport utility vehicles.
Source: The Detroit Bureau

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Daimler Adopts Silicon Valley Tactics to Counter New Rivals

Mercedes-Benz maker Daimler is embracing Silicon Valley management techniques in a drive to speed up decision making, empower staff and fend off new rivals such as electric carmaker Tesla Motors. Chief Executive Dieter Zetsche is sweeping away layers of bureaucracy and encouraging a more experimental approach to new products. He has also asked 144 employees - many of them from the rank and file - to generate new leadership ideas, according to sources at the German luxury automaker.
Source: Reuters


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FTC Webinar: September 8
FTC Issues Warning to Sellers of Certain VW Vehicles

The Federal Trade Commission (FTC) has asked NADA to provide its members with a business blog that cautions sellers of certain VW and Audi diesel vehicles (including dealers of other brands) not to make false claims regarding the recent proposed consent orders concerning those vehicles that the Volkswagen Group of America has entered into with the FTC, other governmental agencies, and owners and lessees of the vehicles.  Details of the proposed settlements are available at VWCourtSettlement.com.  In order to enhance dealers’ understanding of both the VW buyback program that is part of the proposed settlement and the concerns set forth by the FTC in its business blog, NADA has arranged for the FTC to present information on these topics in an NADA University Online webinar that will take place on Thursday, Sept. 8, 2016 from 1 p.m. – 2 p.m. ET.  Dealers and their representatives may click here to register.
Source: NADA

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2017 NADA Convention & Expo
11 Hotels Sold Out; $100 Registration Discount Ends Sept. 9

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

NADA members and managers who register for the 2017 NADA Convention and Expo in New Orleans 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
      “Now that the flood waters have receded, the real work of rebuilding begins.”

          -- Annette Sykora, chairman of the National Automobile Dealers Charitable Foundation, commenting on the flooding in southern Louisiana, Automotive News, August 23

      Sponsored by

      NADA Foundation


      NADA Convention
      Videos

      NADA100 Video: Don Wassel Works in Auto Retailing for 53 Years


      Introducing NADA Academy Plus
      NADA Webinars
      Sept. 8: FTC Issues Warning to Sellers of Certain VW Vehicles

      All webinars are held at 1 p.m. ET unless otherwise noted.

      NADA members can view past webinars on-demand at no charge at NADA University Online. Members must create an NADA account before viewing.

       
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