ironcore – Page 132

VWs $14.7 billion settlement leaves dealers with questions

VWês $14.7 billion settlement leaves dealers with questions The size of the record $14.7 billion settlement Volkswagen reached with the EPA surprised many observers. The automaker agreed to pay nearly $10 billion to customers to buy-back the 475,000 vehicles affected by the non-compliant emissions equipment scandal; $2.7 billion into an environmental mitigation trust fund; and […]

NHTSA warns owners of certain older Hondas, Acuras about defective airbags

NHTSA warns owners of certain older Hondas, Acuras about defective airbags NHTSA announced that certain 2001 to 2003 Hondas and Acuras have defective airbags and as such, their owners should not drive them except to the dealership for immediate repair. New test data showed that the vehicles have a much higher risk of ruptures during […]

FCA dealers ready with software fix for gear shifters

FCA dealers ready with software fix for gear shifters Hereês one safety fix that consumers will likely ask their dealer to do: a software update for confusing gear shifters, like the one in Star Trek actor Anon Yelchinês 2015 Jeep Grand Cherokee that tragically caused his death at his home in LA last month. FCA […]

Minimum wage, gas tax up in Maryland as of July 1

Minimum wage, gas tax up in Maryland as of July 1 As of July 1, 2016, the minimum wage rose to $8.75 an hour from $8.25 in Maryland. It went up higher in Montgomery County, to $10.75 from $9.55. The minimum in the District is now $11.50 an hour, up from $10.50. Gas taxes also […]

NADA urges dealers to back pro-consumer finance bill

NADA urges dealers to back pro-consumer finance bill NADAês battle to tame the Consumer Financial Protection Bureau continues and Senate bill S. 2663 is the next chapter. The bill, entitled Reforming CFPB Indirect Auto Financing Guidance Act, is identical to last yearês House bill, H.R. 1737, which passed the House with a resounding, veto-proof majority […]

Alliance wants feds to consider fuel prices in evaluating CAFE

Alliance wants feds to consider fuel prices in evaluating CAFE The Auto Alliance, representing the major automakers, is asking federal regulators to consider consumer preferences when fuel prices are low, as part of their mandated midterm evaluation of fuel economy targets. The Alliance posted a report on its website with recommendations on the CAFE standards, […]

Autonomous cars could save lives, says NTSB chairman Hart

Autonomous cars could save lives, says NTSB chairman Hart Autonomous vehicles have the potential to save many lives, but people are underestimating the challenges, National Transportation Safety Board Chairman Christopher Hart said in a recent speech at the National Press Club. Itês going to take longer than people are estimating, Hart said. And the software […]

WANADA Dealer Law Briefing covers ad regs., recall laws, overtime pay, CFPB

WANADA Dealer Law Briefing covers ad regs., recall laws, overtime pay, CFPB WANADA staged a very informative Dealer Law Briefing for members on June 21 covering a range of important federal and state policies with which dealers must comply. The Briefing– at the Bethesda North Marriott Conference Center — covered the recent Federal Trade Commission […]

FTC crackdown on advertising

FTC crackdown on advertising The first topic in last weekês WANADA Dealer Law Briefing was the ramping up of law enforcement for deceptive auto sales ads by the Federal Trade Commission. Eight rounds of consent orders from the FTC involving 25 dealerships in 15 states have gotten the industryês attention, Charapp said. The trigger terms […]

Vehicle safety recalls: The good, the bad and the ugly

Vehicle safety recalls: The good, the bad and the ugly The unprecedented increase in vehicle recalls, in turn, has spawned unprecedented regulator scrutiny in how dealers sell vehicles under recalls to consumers. WANADAês Dealer Law Panel at last weekês member briefing covered the gamut of dealer vehicle sales to consumers where recalls are involved. New […]