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Industryby AE eMagazineOctober 21, 2014

Fourth U.S. Traffic Death Linked to Takata Air Bags

A fourth traffic death in a Honda Motor Co car has been linked to a defective air bag made by Japanese supplier Takata Corp, according to a county medical examiner in Florida, reported Reuters. Hien Tran died on Oct. 2, four days after her red 2001 Honda Accord sedan struck another car in Orlando and ... Read More »

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Industryby AE eMagazineOctober 21, 2014

NHTSA Urges Owners of 4.7 Million GM and Foreign Cars to get Defective Airbags Fixed

DETROIT, MI – The National Highway Traffic Safety Administration is urging owners of some 4.7 million General Motors, Honda, Mazda, BMW and Nissan cars to have defective airbags made by Japanese auto parts company Takata Corp. replaced immediately. The full list of affected vehicles is below, reported Michigan Live. NHTSA began a probe of the ... Read More »

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Industryby AE eMagazineOctober 21, 2014

General Motors’ Legal Chief to Retire Next Year

DETROIT (AP) — General Motors’ chief lawyer Michael Millikin, who withstood withering criticism from lawmakers for his department’s handling of an ignition switch recall, is retiring early next year, reported Michigan Live. GM says in a statement that the 66-year-old Millikin will stay on until a replacement is on the job. During a July Senate ... Read More »

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Industryby AE eMagazineOctober 21, 2014

Deaths Linked to GM Ignition-Switch Defect Rise to 29

A program to compensate victims of a faulty ignition switch in General Motors Co (GM.N) vehicles has approved two new death claims, bringing the total number of deaths linked so far to the switch to 29, according to a report released on Monday by the lawyer overseeing the program, reported Reuters. Since it began accepting ... Read More »

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Industryby AE eMagazineOctober 21, 2014

Harley-Davidson Profit Slips, but Shipments In Line With Expectations

Harley-Davidson Inc. posted lower earnings and revenue during the third quarter as motorcycle shipments declined as expected, reported The Wall Street Journal. The company’s earnings topped analysts’ expectations, however, while the top line fell short. The motorcycle maker has sought to reach beyond its traditional, middle-aged target audience with smaller bikes geared toward younger customers. ... Read More »

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Industryby AE eMagazineOctober 17, 2014

TrueCar Dealers to Dislcose Doc Fees, Accessory Pricing

SANTA MONICA, Calif. — TrueCar’s “No Surprises” initiative requires TrueCar Certified Dealers to provide upfront information for all non-governmental fees as well as costs for dealership-added accessories alongside their stated MSRP. The company began the initiative to give customers a more transparent process when buying a new vehicle. “For most people, a new vehicle is ... Read More »

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Industryby AE eMagazineOctober 17, 2014

Sales in Motion Adds Carfax to Mobile Tool

WATERLOO, Ontario — Sales in Motion has partnered with Carfax to improve its tablet sales tool, SIM-SST. Now, dealer sales staff can instantly access the Carfax Vehicle History Report for used vehicles on the lot directly from SIM-SST. “We firmly believe this collaboration with Carfax will transform the vehicle transaction process for both buyer and ... Read More »

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Industryby AE eMagazineOctober 17, 2014

Women Less Confident in Car-Buying Process, KBB Reports

IRVINE, Calif. — When it comes to car shopping, women are driven by features and engage in extensive research to find the best fit. Me, however, are revved about a particular car brand, concluded a new study issued this week by Kelley Blue Book. One-in-five men know the exact vehicle they want, while women are ... Read More »

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Industryby AE eMagazineOctober 17, 2014

Federal Judge Dismisses GAP Coverage Lawsuit

BALTIMORE — A federal judge threw out a proposed class-action suit last month against the Pohanka Auto Group, which claimed the dealer group’s GAP coverage was “phony” because it did not meet the definition of a debt-cancellation agreement under Maryland law. Judge Deborah K. Chasanow dismissed the putative class action against Pohanka’s 11 dealerships because ... Read More »

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Industryby AE eMagazineOctober 17, 2014

eLEND Solutions Launches Credit Application Platform

MISSION VIEJO, Calif. — eLEND Solutions has launched CreditPlus, an interactive credit application platform that instantly preapproves shoppers based on dealer-defined credit criteria. For shoppers, the platform provides direct, upfront access to dealership financing sources and near-final terms of approval from multiple lenders, all of which are controlled by the auto dealer. With CreditPlus, dealers ... Read More »

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