Automotive Industry

News & Analysis as of

Auto Suppliers Prepare for Barrage of Recalls

With the recent high-profile recalls involving Toyota and GM, auto suppliers are anticipating a spike in recalls and asking themselves how to prepare for this inevitability. As a start, auto suppliers need to...more

Lessons For Suppliers From GM’s Belated Ignition Switch Recall

GM’s well-crafted, post-bankruptcy image as a more efficient, product savvy, financially prudent, customer-focused automaker is suffering severe damage. The cause of the damage is that GM did not recall until this year over a...more

GM Ignition Switch Recalls — Did the Company Conceal Known Dangers?

In March of 2010, Atlanta pediatric nurse Brooke Melton was driving to her boyfriend’s home to celebrate her 29th birthday when she was killed in a tragic automobile accident. The vehicle’s black box indicated that the...more

U.S. and Japan Continue Talks on Auto Tariffs

Once again, the United States and Japan failed to reach an agreement on auto tariffs. Tariffs on automobiles are one of the remaining key issues that lie between the two countries in relation to the proposed Trans-Pacific...more

Car Manufacturer and Ad Agency Settle False-Advertising Claims for “Hill Climb” Ad

In a 2011 commercial for the Nissan Frontier produced by advertising agency TBWA Worldwide, Inc., the audience sees the wheels of an elaborately designed dune buggy spinning and kicking up sand in a fruitless attempt to climb...more

GM Recall — Bad Switches, Bad Relations, Bad Acts

Why is GM in so much trouble? Is it just about bad switches or improperly operating air bags; recalls of millions of vehicles? Isn’t about more than that? Isn’t it really about corporate attitude, corporate responsibility and...more

OESA Sees Sunny Skies for Auto Industry

The Original Equipment Suppliers Association (OESA) recently released its 2013 Annual Report which includes an interesting and positive “State of the Industry.” Modest growth is projected for both 2014 and 2015, pushing...more

FIO Focus, Issue No. 49: The FIO Publishes Request for Comments on Affordability and Availability of Auto Insurance

On April 10, 2014, the Federal Insurance Office (FIO) solicited comments relating to its authority to monitor the availability and affordability of auto insurance. Under the Dodd-Frank Act, the FIO is authorized to "monitor...more

Calling Non-Traditional Trademarks By Name

Things that are worth talking about need names. Good, distinctive names are best. As you may recall, last year we wrote this about non-verbal logos needing names...more

Sustainability Reporting Standards for the Automotive Industry

The Sustainability Accounting Standards Board (SASB), a non-profit organization incorporated in 2011, was formed to provide investors and the general public with decision-useful information to assess sustainability issues of...more

CFPB General Counsel Meredith Fuchs in the “Disparate Impact” Hot Seat

As we previously reported, the House Financial Services Committee has been interested in the specific methodology and metrics used by the CFPB in its disparate impact analysis under the Equal Credit Opportunity Act and...more

GM Recall Debacle — Placing Americans in Danger

GM is in a fix. The National Highway Transportation Safety Administration has ordered them to respond to 107 questions concerning defects in GM cars and trucks. Although GM’s CEO promised transparency in the...more

What Does the First-Ever Extradition on an Antitrust Charge Mean for the Auto Parts Investigation?

On April 4, 2014, the U.S. Department of Justice, Antitrust Division announced a milestone victory, having successfully litigated its first extradition for an alleged antitrust violation. Romano Pisciotti, an Italian national...more

Talking Cars May Reduce Occurrences of Motor Vehicle Accidents in the Future

For years, federal and state governments have worked to protect drivers and passengers by requiring seat belt use, mandating air bag installation and taking other legislative measures to reduce the severity of auto accident...more

CFPB official confirms larger participant rule for auto finance coming soon

Today is the final day of CBA Live 2014, which is being held at the Gaylord Hotel in National Harbor, MD. I spoke at a program yesterday about the CFPB’s ongoing arbitration study under Section 1028 of Dodd-Frank. Based on...more

Tesla Disrupts Old School Dealer Model

The staggering pace of innovation has led to a number of industries being disrupted by upstarts providing similar services or products outside of the established model. Want a taxi? Use Uber. Need a hotel? Try Airbnb. Looking...more

GM Recalls 1.6 Million Cars for Deadly Defect

The weight of a key ring on certain GM models causes the car to shift from run to accessory. This kills the engine — and possibly killed at least 13 people....more

Toyota Fails to Report Recalls and Will Now Pay Big Bucks in Penalties

Toyota will have to pay $1.2 billion in penalties in order to settle the criminal probe of acceleration problems, which has led to more than 8 million recalls. Attorney General, Eric Holder, said this is the largest criminal...more

Illinois Passes Car Lease Tax Legislation, Sends Bill To Governor

The Illinois General Assembly recently passed HB 2317, which, if signed by Governor Quinn, will subject motor vehicle leases of more than one year to Illinois Retailers’ Occupation (Sales) Tax on each lease payment. This is a...more

House Financial Services Chairman Presses CFPB On Auto Finance Enforcement

House Financial Services Committee Chairman Jeb Hensarling (R-TX) sent a letter today to CFPB Director Richard Cordray once again pressing the CFPB for information about its March 2013 auto finance guidance and its actions...more

OESA Automotive Supplier Barometer: Positive but Guarded

The March 2014 OESA Automotive Supplier Barometer: Focus on Supply Chain was recently published. The 96 survey respondents told a story of an industry still feeling good about itself, but with a little more concern than in...more

General Motors Faulty Ignition Recall Leads to a Number of Fatalities

The federal safety regulators have received more than 260 complaints about General Motors indicating that that the vehicles suddenly turned off while being driven. Many of the complaints detailed frightening events in which...more

A Not-So-Happy Valentine's Day for UAW and Its Continued Efforts to Feel the Love

On February 14, 2014, the results of a NLRB-conducted unionization vote by Volkswagen workers at the Chattanooga, Tennessee, plant were released. Plant workers voted 712-626 against representation by the United Auto Workers...more

Star Trek Client Seminar - OSHA In 2014: Boldly Going Where No Federal Agency Has Gone Before

In This Presentation: - OSHA Targets Automotive Industry - OSHA’s SHARP Program - SHARP Certification Requirements - OSHA Says Union Reps Can Represent Non-Unionized Employees During Inspections - Possible...more

House Financial Services Committee Chairman to CFPB on Indirect Auto Investigations: Slow Down. Pull Over. And Show Us Some ID.

Since last March, when the CFPB issued Bulletin No. 2013-02, its highly controversial release warning banks and finance companies that purchase motor vehicle installment sales contracts that, under existing law, any dealer...more

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