NADA Headlines - 07/11/2017 (Plain Text Version)
NADA Show 2018 (formerly the NADA Convention & Expo) returns to Las Vegas for four days running from Thursday, March 22, to Sunday, March 25.
U.S. House Republicans expect to introduce bills later this week that would bar states from setting their own rules for self-driving cars and take other steps to remove obstacles to putting such vehicles on the road, a spokeswoman said. The legislative action comes as major automakers are joining forces with auto suppliers and other groups to prod Congress into action.
Almost six months after Donald Trump was sworn in as president and threatened to penalize automakers who import cars and trucks from Mexico, the flow of vehicles from south of the border has picked up momentum. New data from the Mexican Automobile Industry Association shows the country exported 1.16 million vehicles to the U.S. in the first half of 2017, an increase of 15.6 percent compared with the same time frame in 2016.
The Consumer Financial Protection Bureau on Monday banned banks and other financial services companies from including mandatory arbitration clauses in contracts to prevent consumers pursuing claims of wrongdoing from joining class-action lawsuits. The rule could have a wide-ranging impact on major financial services providers, including automaker's captive finance units and other auto lenders.
Once you drive an SUV, the odds are pretty good the next vehicle you buy will be an SUV. A new study by IHS Markit found that two-thirds of the owners of SUVs and CUVs (crossover utility vehicles) who bought another vehicle between January and April in the years since 2012 made the next purchase an SUV or crossover.
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An auto shop class funded by local car dealers is making a difference for young men who’ve had more than their share of struggles. Brian Kies is a teacher at the student auto shop on campus at Optimist Youth Homes & Family Services in Highland Park [Calif.] The school is a home and a high school that specializes in outreach to teens who’ve faced serious challenges. “We try to teach them a little bit of discipline. A little bit on interaction with other people … and a whole lot about cars,” Kies said. This auto shop is funded by a donation from the Greater Los Angeles New Car Dealers Association.