Managing Automotive

News, knowledge, and insights for the automotive industry.

Managing Automotive

Industry Interests

Industry Interests
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GM Says CEO Barra’s Pay May Total $14.4 Million This Year

General Motors Co. Chief Executive Officer Mary Barra, who started the job last month, may receive total compensation this year of $14.4 million, $10 million more than the largest U.S. automaker previously disclosed. 

[Bloomberg News]

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Industry Interests
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GM rolls back contentious terms in purchasing contract

General Motors is rolling back controversial changes it made last year to its purchasing contract, including new terms that some suppliers believed exposed them to greater warranty liability.

[Automotive News]

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Industry Interests
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UAW vote at VW plant has high stakes for industry, labor

Volkswagen workers will vote this week on whether they wish to be represented for purposes of collective bargaining by the UAW? The answer rendered by the 1,500 workers eligible to vote could have profound implications for the future of the U.S. auto industry and organized labor.

[Automotive News]

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Kia U.S. sales boss Loveless is out; Sprague gets expanded role

Kia Motors America's marketing boss, Michael Sprague, will assume the new role of executive vice president of sales and marketing following the departure of Tom Loveless, Kia's executive vice president of sales.

[Automotive News]

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Industry Interests, Recalls
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Aston Martin recalls 75% of cars made since late 2007

Aston Martin is recalling most of its sports cars built since late 2007 after discovering a Chinese sub-supplier was using counterfeit plastic material in a part supplied to the luxury sports carmaker.

[Automotive News]

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Industry Interests, Litigation & Investigations, Recalls, Regulatory
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Managing Automotive - 2.4.14

Managing Automotive is an email and online publication offering legal updates, news and insights for the automotive industry. For a complete description of our practice, visit us here. The online version of Managing Automotive can be found here. To subscribe to this newsletter, fill out the form here.

 

Regulatory Updates

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Industry Interests
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‘Connected-vehicle technology’ could cut crashes while paving way for driverless cars

The Department of Transportation announced Monday that it was moving forward with "connected vehicle technology" and the potential issues that automakers may face with respect to sharing bandwith with other connected devices.

[Washington Post]

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Industry Interests, Regulatory
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U.S. may mandate talking cars by early 2017

U.S. regulators are creating a rule that would require all new vehicles to be able to "talk" to one another using wireless technology, which the Department of Transportation said would significantly reduce accidents on U.S. roads and alleviate traffic congestion.

[Reuters]

Read the Press Release here.

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Industry Interests
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Former Diamond Electric execs to admit price-fixing: U.S. prosecutors

A former president and former vice president of Japan's Diamond Electric Manufacturing Co Ltd have agreed to plead guilty to conspiring to fix the prices of ignition coils used in cars.

[Reuters]

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Industry Interests
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Minnesota dealer preserves business with employee ownership plan

With no succession plan in place and retirement looming in about five years, dealer Linda Eich DesJardins needed an exit strategy that would preserve her family's business that dates back more than 110 years.

[Automotive News]

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