View Web Version

SPONSORED BY
NADA.org
September 9, 2016 FacebookTwitterFlickrRSSSEND TO A FRIENDPRINT
Inside this issue
Last Day to Get the $100 Registration Discount for the NADA Convention
Important Deadline Regarding VW Buyback Program
Suspect Sales at Fiat Chrysler Could Be Bad News for Its Rising Star
Nissan's Munoz Sees Trucks Powering Market-Share Gains
'Best Practices' for Autonomous Car Testing Sought by New Industry Group
GM's Barra Again Tops Fortune Most Powerful Women List
Top Stories
Last Day to Get the $100 Registration Discount for the NADA Convention

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 Friday, 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

[back to top]

Important Deadline Regarding VW Buyback Program

During a NADA University Online webinar yesterday that addressed Federal Trade Commission (FTC) concerns with dealer advertising claims related to the VW Buyback Program, the FTC presenters highlighted the upcoming Sept. 16, 2016 deadline for submitting certain claims in connection with that Program.

In particular, the Sept. 16, 2016 deadline applies to “Eligible Sellers,” which are those who:

(1)  Purchased or acquired an eligible vehicle on or before Sept. 18, 2015; and
(2)  Sold or transferred ownership of the vehicle after Sept. 18, 2015 but before June 28, 2016. 

Generally, Eligible Sellers include non-Volkswagen (and non-Audi) dealers who held title to an eligible vehicle or held a bill of sale for an eligible vehicle.  An Eligible Seller must identify itself by Sept. 16, 2016 (by registering online at www.VWCourtSettlement.com or submitting an identification form by mail or fax) to receive any benefits. 

PLEASE NOTE THAT other individuals who may be eligible for compensation under the Program -- such as owners (including non-VW/Audi dealers), lessees, and certain former lessees -- have until Sept. 1, 2018 to submit claims.

NADA members may access the webinar by clicking here.
Source: NADA Regulatory Affairs

Editor’s note: The foregoing information is offered for informational purposes only and is not intended as legal advice.  Consult your attorney for guidance specific to your business operations.

[back to top]

Suspect Sales at Fiat Chrysler Could Be Bad News for Its Rising Star

This should’ve been Reid Bigland’s year. Under his leadership, Fiat Chrysler Automobiles outsold its competitors in Canada for the first time in the carmaker’s history while enjoying an unprecedented streak of rising sales in the U.S. The success earned Bigland a promotion to head Fiat Chrysler’s Alfa Romeo and Maserati brands, making him one of Chairman Sergio Marchionne’s most trusted deputies. Now, Bigland, the 49-year-old head of U.S. sales and chief executive officer of Fiat Chrysler Canada, is at the center of U.S. criminal and regulatory investigations into whether the company fraudulently hyped its monthly sales numbers ...
Source: Bloomberg

[back to top]

Nissan's Munoz Sees Trucks Powering Market-Share Gains

José Muñoz is counting on trucks and more trucks to get Nissan North America Inc. closer to its goal of 10 percent market share and beyond, in the truck-crazy U.S. market. “The best way to grow our share is to increase our share of the truck market,” Muñoz, the chairman of Nissan North America, said at a meeting of the International Motor Press Association [in New York] Thursday.
Source: Automotive News

[back to top]

'Best Practices' for Autonomous Car Testing Sought by New Industry Group

Bolstering shaky public confidence in the safety of autonomous cars will be a key aim for a new group of transportation, research and former government officials formed to issue recommendations about how driverless cars should be tested on public roads. Dubbed the Commission on Autonomous Vehicle Testing and Safety, the group will study and publish “best practices” for the safe testing of self-driving cars on public streets to inform automakers and policymakers working on the issue. The group is a project of Securing America’s Future Energy, or SAFE, a Washington-based nonprofit that advocates reducing U.S. dependence on petroleum.
Source: Automotive News

[back to top]

GM's Barra Again Tops Fortune Most Powerful Women List

General Motors Co. Chairman and CEO Mary Barra has been named for the second straight year atop Fortune magazine’s Most Powerful Women list. Barra, who added the chairman role earlier this year and became CEO in January 2014, tops the magazine’s 19th list. Fortune praised Barra, 54, for dramatic improvement in revenue, its record profits last year, leading the company through its ignition switch crisis in 2014, investing in ride-hailing company Lyft Inc. and buying software start-up Cruise Automation to help with the company’s autonomous vehicle deployment.
Source: The Detroit News

[back to top]

Past Articles
       
      Quotable
      "The artificial intelligence underpinning self-driving will require constant upgrading to deal with novel situations."

          -- Richard Wallace, a director at the Center for Automotive Research, The New York Times, Sept. 9

       
      Sponsored by

      NADA Foundation


      NADA Convention
      NADA Videos

      NADA Foundation's Annette Sykora Urges Dealers to Donate to Louisiana Relief Fund



      Dealership Employee Jeramiah Baker Recounts Devastating Flood Damage in Baton Rouge


      NADA President Peter Welch Calls on Dealers to Support Families Affected by Louisiana Flooding



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


      Introducing NADA Academy Plus
      NADA Webinars
      NADA members can view past webinars on-demand at no charge at NADA University Online. Members must create an NADA account before viewing.
      Search Back Issues | Unsubscribe | Subscribe | Manage your subscription | email us
      NADA For more info, visit nada.org. Any opinions or statements contained herein do not necessarily reflect the views of NADA. Factual errors are the responsibility of the listed publication. This email may contain an advertisement of NADA products and services. Questions or comments concerning NADA Headlines content may be directed to publicaffairs@nada.org. To unsubscribe from future editions of NADA Headlines, click here or contact NADA, 8400 Westpark Drive, Tysons, VA 22102.