A California state appeals court revived fraud allegations accusing the lender Nissan Motor Acceptance Corp. of promising financial support to California dealerships and then pulling the plug, finding a jury was blocked from hearing key evidence favoring the dealerships.
Elon Musk has a does not like the word "recall" being used to describe fixes to Tesla Motors Inc.'s Model S, said David Strickland, who left last week as the top U.S. auto-safety regulator. Tesla's ability to make safety changes to the plug-in electric vehicle through over-the-air software updates, the basis for Musk's objection, is "precedent-setting" for regulators, said Strickland.
UAW President Bob King today said he believes workers will "overwhelmingly" support increasing dues for the first time since 1967 to shore up the union's strike fund and help it win better contracts.
Electric cars including Tesla Motors Inc. (TSLA)’s Model S pose different risks than gasoline-powered models while being as safe overall, the top U.S. auto-safety regulator said.
UAW President Bob King is convinced the union will be represented in Volkswagen's plant in Chattanooga by June, he told a German newspaper.
On January 9, 2014, the Federal Trade Commission and the County of Los Angeles Department of Consumer Affairs held a press conference announcing a nationwide enforcement action targeting deceptive auto dealer advertisements. The enforcement action, dubbed "Operation Steer Clear," resulted in the voluntary settlement of complaints against nine dealerships. Arent Fox counsel and Auto Advisory Services' president, Rob Cohen, (who previously participated in a FTC roundtable discussion on consumer issues in motor vehicle finance and leasing contexts) attended the press conference.
"Using deceptive ads is a practice that auto dealers should steer clear of and by announcing these cases, we hope to bring attention to these tactics," said Jessica Rich, the FTC's Director of Consumer Protection. Ms. Rich then went on to name the 10 dealerships involved. Four of the dealerships named are located in California, only two of which are new car dealerships.
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