The Truth About Cars » Dealer News http://www.thetruthaboutcars.com The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. Thu, 11 Sep 2014 17:31:41 +0000 en-US hourly 1 http://wordpress.org/?v=3.9.2 The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. The Truth About Cars no The Truth About Cars editors@ttac.com editors@ttac.com (The Truth About Cars) 2006-2009 The Truth About Cars The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. The Truth About Cars » Dealer News http://www.thetruthaboutcars.com/wp-content/themes/ttac-theme/images/logo.gif http://www.thetruthaboutcars.com/category/news-blog/dealer-news/ Kuniskis: Dealers Must Prove Themselves Worthy Of Selling Hellcat Challenger http://www.thetruthaboutcars.com/2014/09/kuniskis-dealers-must-prove-worthy-selling-hellcat-challenger/ http://www.thetruthaboutcars.com/2014/09/kuniskis-dealers-must-prove-worthy-selling-hellcat-challenger/#comments Wed, 10 Sep 2014 13:00:53 +0000 http://www.thetruthaboutcars.com/?p=910074 Dodge dealers wanting to help their customers destroy wannabes with the 2015 Challenger SRT Hellcat will themselves need to prove their worth to the brand before a single car leaves the carrier. Automotive News reports allocations of the 707-horsepower war machine will be based on the total number of all Dodges sold during the past […]

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2015 Dodge Challenger SRT with the HEMI® Hellcat

Dodge dealers wanting to help their customers destroy wannabes with the 2015 Challenger SRT Hellcat will themselves need to prove their worth to the brand before a single car leaves the carrier.

Automotive News reports allocations of the 707-horsepower war machine will be based on the total number of all Dodges sold during the past 180 days, according to brand chief Tim Kuniskis, with a second allocation in December will focus on the previous 90 days of such sales and the traditional 30-day inventory turn.

Further, Dodge will measure how many days each Hellcat remains on the lot after the initial allocation, with the goal of moving them off the lot as quickly as possible if more are to be delivered later on. Kuniskis acknowledges this may be a headache for those who opt to make a market adjustment similar to the one performed at a recent Los Angeles Chevrolet dealership, where a Camaro Z/28 was priced to move at $106,165:

If you want to market-adjust the car, that’s your right. But if your days-on-lot goes above what the other guys that are selling them at MSRP is, they will end up earning the allocation because their days-on-lot will be lower. Some dealers are going to have heartburn with that.

Kuniskis adds that he wants to see each Hellcat out there on the road for all to enjoy instead of sitting in a showroom “with a rope around it” like the Viper, and that his brand “worked hard” to price the beast at an attainable $60,990 with shipping included.

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Los Angeles Chevrolet Dealer Charging Six-Figures For 2014 Camaro Z/28 http://www.thetruthaboutcars.com/2014/09/los-angeles-chevrolet-dealer-charging-six-figures-2014-camaro-z28/ http://www.thetruthaboutcars.com/2014/09/los-angeles-chevrolet-dealer-charging-six-figures-2014-camaro-z28/#comments Wed, 03 Sep 2014 11:00:57 +0000 http://www.thetruthaboutcars.com/?p=905657 A 2014 Chevrolet Camaro Z/28 would set you back at least $75,000 MSRP were you to head over to your nearest dealership. One Los Angeles dealership, however, is charging a steeper price of admission for the honor of destroying everyone at Willow Springs and Irwindale. Jalopnik subsidiary Car Buying says Felix Chevrolet has a black-on-black […]

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2014-chevrolet-camaro-z28-taillight

A 2014 Chevrolet Camaro Z/28 would set you back at least $75,000 MSRP were you to head over to your nearest dealership. One Los Angeles dealership, however, is charging a steeper price of admission for the honor of destroying everyone at Willow Springs and Irwindale.

Jalopnik subsidiary Car Buying says Felix Chevrolet has a black-on-black 2014 model for the reasonable price of $106,165, a markup of just over $30,000. Though someone in Beverly Hills — or Justin Bieber — may be more than willing to pay that particular toll, the blog found a dealership 40 minutes away in Santa Ana charging $76,645 for a black-on-black Z/28 on its floor. Since Disneyland is nearby, the lucky owner can used the $30,000 they would have spent in L.A. to buy quite a few passes and souvenirs.

Other dealerships whose prices are in the five-figures include Good Chevrolet near Seattle ($86,150); Schumacher Chevrolet near New York ($74,995); and — with the lowest price of all dealerships in the United States — Lorenzo Bomnin Chevrolet in Miami ($66,999).

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Ide: Apathy, Not Policy, Is Behind GM’s Japanese Blues http://www.thetruthaboutcars.com/2014/09/ide-apathy-policy-behind-gms-japanese-blues/ http://www.thetruthaboutcars.com/2014/09/ide-apathy-policy-behind-gms-japanese-blues/#comments Tue, 02 Sep 2014 10:00:54 +0000 http://www.thetruthaboutcars.com/?p=904801 Though General Motors is finding big success in China among its brands, the automaker is still a bit player in Japan, and not because of so-called nontariff hurdles. Automotive News reports Yanase & Co. CEO Takeyoshi Ide proclaims internal apathy, not external policy, as the reasoning behind GM’s current status in Japan. As one example, […]

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Cadillac in Japan

Though General Motors is finding big success in China among its brands, the automaker is still a bit player in Japan, and not because of so-called nontariff hurdles.

Automotive News reports Yanase & Co. CEO Takeyoshi Ide proclaims internal apathy, not external policy, as the reasoning behind GM’s current status in Japan. As one example, Ide — whose Cadillac and Chevrolet dealerships number at 13, down from a peak 114 — says if the automaker would consider building more RHD vehicles suited for the Japanese market, especially Cadillacs, sales of 5,000 units annually would be “not so difficult.”

He has hope that a few moves affecting Cadillac, such as the hiring of former Infiniti chief Johan de Nysschen, would make the change “GM’s original people” from Detroit haven’t been able to undergo to bring success to the automaker’s premium brand. It’s also the reason why Ide hasn’t let go of his remaining GM dealerships despite also being the nation’s No. 1 Mercedes dealer, as well as one of its top sellers of Audi and BMW vehicles.

As for external issues affecting GM, Ide says policy is not among them — Japan imposes no tariffs on imported vehicles — and is just an excuse for the United States government to maintain its tariffs, including the infamous Chicken Tax.

That said, hope may be fading as it is. The sales forecast for 2014 remains flat at 1,200 units for GM’s efforts in Japan, higher than its nadir of 700 for all of 2009, yet lower than its zenith of 47,000 units in 1996. Additionally, while Mercedes moved 31,291 vehicles onto the streets of Tokyo through July 2014, Cadillac saw its sales fall 27 percent to 425 units compared to the same period in 2013.

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2015 Ford F-150 Customer Orders Delayed Until February http://www.thetruthaboutcars.com/2014/08/2015-ford-f-150-customer-orders-delayed-february/ http://www.thetruthaboutcars.com/2014/08/2015-ford-f-150-customer-orders-delayed-february/#comments Thu, 28 Aug 2014 11:00:01 +0000 http://www.thetruthaboutcars.com/?p=902105 Did you put in your order for the new aluminum 2015 Ford F-150? If so, you may be waiting a bit longer to join the Overlord of Truck Mountain in its court. Automotive News reports all fleet and some retail consumers who put their orders in early will be waiting until February 2015 for delivery, […]

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2015_Ford_F-150_Pickup_Truck

Did you put in your order for the new aluminum 2015 Ford F-150? If so, you may be waiting a bit longer to join the Overlord of Truck Mountain in its court.

Automotive News reports all fleet and some retail consumers who put their orders in early will be waiting until February 2015 for delivery, according to a leaked dealer memo issued August 20.

The delay is due to the automaker ensuring the launch of its newest truck will go better than when the 2013 Lincoln MKZ stumbled out of the gate early last year, as explained in the memo:

We understand the desire to get the customer units as quickly as possible, but do not want to compromise our commitment to quality for the sake of a few additional weeks of delivery.

Those who are waiting until the F-150′s showroom arrival will have better luck, as all 3,000 of the Blue Oval’s dealers will receive a handful or two of the new pickup near the end of the year, with the first pre-production units expected to roll off the line near the end of October.

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2013-14 Honda CR-Z Receives HPD Supercharging Kit http://www.thetruthaboutcars.com/2014/08/2013-14-honda-cr-z-receives-hpd-supercharging-kit/ http://www.thetruthaboutcars.com/2014/08/2013-14-honda-cr-z-receives-hpd-supercharging-kit/#comments Fri, 22 Aug 2014 11:00:25 +0000 http://www.thetruthaboutcars.com/?p=897810 The Honda CR-Z will be gaining much needed firepower under the bonnet thanks to the automaker’s performance division. Autoblog reports Honda Performance Development has introduced an aftermarket supercharger kit good for boosting power from the hybrid’s 1.5-liter four to 197 horsepower and 176 lb-ft of torque. The HPD kit also comes with an air-to-air intercooler, […]

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1426-crz-hpd-supercharger-2-1

The Honda CR-Z will be gaining much needed firepower under the bonnet thanks to the automaker’s performance division.

Autoblog reports Honda Performance Development has introduced an aftermarket supercharger kit good for boosting power from the hybrid’s 1.5-liter four to 197 horsepower and 176 lb-ft of torque. The HPD kit also comes with an air-to-air intercooler, high-flow fuel injectors, a re-calibrated ECU that complies with CARB AT-PZEV rules, and an air filter.

The kit, priced at $5,495 plus the cost of dealer installation, is meant only for 2013 and 2014 CR-Zs with the six-speed manual funneling power to the front. If installed at a dealership, it also will maintain the vehicle’s 5-year/60,000-mile warranty balance. An optional limited-slip differential and sport clutch are available for $1,375 and $640, as well.

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Ford, Chevrolet Begin Labor Day Battle Weeks Early http://www.thetruthaboutcars.com/2014/08/ford-chevrolet-begin-labor-day-battle-weeks-early/ http://www.thetruthaboutcars.com/2014/08/ford-chevrolet-begin-labor-day-battle-weeks-early/#comments Tue, 19 Aug 2014 13:00:24 +0000 http://www.thetruthaboutcars.com/?p=895386 Hold onto your wallets: Ford and Chevrolet are getting the jump on Labor Day sales weeks in advance of what most consider the end of the summer season. Automotive News reports the two brands are bringing their A games to the showroom, ranging from 0 percent financing for 72 months across most of their respective […]

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Ford Labor Day Sale 2014

Hold onto your wallets: Ford and Chevrolet are getting the jump on Labor Day sales weeks in advance of what most consider the end of the summer season.

Automotive News reports the two brands are bringing their A games to the showroom, ranging from 0 percent financing for 72 months across most of their respective lines, to Chevrolet offering deferred payments for the first 90 days for select models. Rather than wait until closer to Labor Day, however, Ford launched the first attack back in late July; Chevrolet kicked off its campaign last week.

The end game? Regain lost ground in sales from the first half of 2014. Ford lost 1 percent of its share of the market, dropping to 14.8 percent in comparison to 2013. Meanwhile, Chevrolet fell from 12.9 percent to 12.5 percent in the same period comparison.

Other combatants in the end-of-summer sales battle include Toyota offering 0 percent APR for 60 months on a handful of models, Nissan presenting 0 percent between 36 and 72 months depending on the model chosen, and Dodge giving buyers 90-day deferments on 2014 and 2015 models through Labor Day weekend.

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Aston Martin Could Leave US Without Federal Crash Exemption Approval http://www.thetruthaboutcars.com/2014/08/aston-martin-leave-us-without-federal-crash-exemption-approval/ http://www.thetruthaboutcars.com/2014/08/aston-martin-leave-us-without-federal-crash-exemption-approval/#comments Mon, 18 Aug 2014 04:00:54 +0000 http://www.thetruthaboutcars.com/?p=893890 Should you desire an Aston Martin in the near future, you may need to make your purchase sooner than later if the automaker fails to live up to the federal government’s newest expectations. Bloomberg reports Aston Martin stores will likely suffer financial hardships should the DB9 and Vantage are no longer made for sale in […]

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Aston-Martin One-77

Should you desire an Aston Martin in the near future, you may need to make your purchase sooner than later if the automaker fails to live up to the federal government’s newest expectations.

Bloomberg reports Aston Martin stores will likely suffer financial hardships should the DB9 and Vantage are no longer made for sale in the United States due to both vehicles’ failure to comply with new regulations regarding side-impact crashes. This would result in every dealership closing their doors barring an exemption for both vehicles, as explained by U.S. dealer advisory panel chairman James Walker in his petition to the National Highway Traffic Safety Administration:

The financial viability of Aston Martin dealers is very much in question. If dealers make the decision to shutter the franchise, a very likely outcome, the impact on employment is significant.

Aston Martin sent exemption requests last year for the DB9 through August of 2016, and the Vantage the following August. Next-gen models of both vehicles have been delayed due to financial issues.

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Szakaly: CAFE Targets Will Curb US Auto Sales Beyond 2018 http://www.thetruthaboutcars.com/2014/08/szakaly-cafe-targets-will-curb-us-auto-sales-beyond-2018/ http://www.thetruthaboutcars.com/2014/08/szakaly-cafe-targets-will-curb-us-auto-sales-beyond-2018/#comments Wed, 06 Aug 2014 11:00:08 +0000 http://www.thetruthaboutcars.com/?p=883202 The federal fuel efficiency mandates now in place to guide automakers toward a fleet average of 54.5 mpg by 2025 may curb United States auto sales after 2018, according to a leading economist speaking during the 2014 Management Briefing Seminars in Traverse City, Mich. Automotive News reports National Automobile Dealers Association chief economist Steven Szakaly […]

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2015 ford fiesta se ecoboost front 34

The federal fuel efficiency mandates now in place to guide automakers toward a fleet average of 54.5 mpg by 2025 may curb United States auto sales after 2018, according to a leading economist speaking during the 2014 Management Briefing Seminars in Traverse City, Mich.

Automotive News reports National Automobile Dealers Association chief economist Steven Szakaly warned that the challenges associated with the new CAFE targets were severely underestimated by the industry in comparison to previous CAFE targets.

He says that while automakers are currently experiencing a resurgence in sales with “good profits” on large vehicles, such as pickups and SUVs, future sales past 2018 will pale in comparison — with little hope for avoiding those losses — as automakers focus more upon the 2025 CAFE target:

Unless gasoline prices rise significantly, or we see consumers becoming irrational and everyone buying an electric car, it’s tough to think of consumers willing to pay $3,000 to $7,000 more for the exact same car, just because someone in Washington, D.C., or California says they need to buy it.

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Tesla Diffusing Demand For Model X Prior To Showroom Debut http://www.thetruthaboutcars.com/2014/08/tesla-diffusing-demand-model-x-prior-showroom-debut/ http://www.thetruthaboutcars.com/2014/08/tesla-diffusing-demand-model-x-prior-showroom-debut/#comments Wed, 06 Aug 2014 10:00:15 +0000 http://www.thetruthaboutcars.com/?p=883178 Interested in a Model X? Then you may be better off waiting until the EV SUV actually arrives next year before turning up in a Tesla showroom, or you may end up going home in a Model S instead. Autoblog Green reports CEO Elon Musk informed participants in Tesla’s Q2 2014 earnings call that the […]

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tesla-model-x

Interested in a Model X? Then you may be better off waiting until the EV SUV actually arrives next year before turning up in a Tesla showroom, or you may end up going home in a Model S instead.

Autoblog Green reports CEO Elon Musk informed participants in Tesla’s Q2 2014 earnings call that the automaker is actively steering customer demand away from the upcoming X, going so far as to convince showroom visitors who want to put their name on a (non-existent) wait list for the SUV to buy the S.

The “anti-sell” tactics are a part of Tesla’s strategy to create at-will demand for the X, citing complaints from Chinese customers who were “upset about waiting too long” before taking delivery of their electric sedans. Musk just doesn’t want U.S. consumers to begin forming iPhone-esque lines for the next big thing from his company. Not yet, anyway.

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Recalled GM Cars See Bigger Price Drop Over Other Used Vehicles http://www.thetruthaboutcars.com/2014/08/recalled-gm-cars-see-bigger-price-drop-used-vehicles/ http://www.thetruthaboutcars.com/2014/08/recalled-gm-cars-see-bigger-price-drop-used-vehicles/#comments Tue, 05 Aug 2014 13:00:51 +0000 http://www.thetruthaboutcars.com/?p=882106 Are your children about to start college? Maybe it’s their senior year in high school? Looking for a cheap vehicle and don’t mind if it’s been recalled to death by its automaker? Then a vehicle caught up in the General Motors recall parade might be the one, as prices have fallen hard as of late. […]

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2009 Chevrolet Cobalt Kia Store

Are your children about to start college? Maybe it’s their senior year in high school? Looking for a cheap vehicle and don’t mind if it’s been recalled to death by its automaker? Then a vehicle caught up in the General Motors recall parade might be the one, as prices have fallen hard as of late.

Jalopnik reports a study by iSeeCars.com says the six vehicles that kicked off the parade — Chevrolet Cobalt, Saturn Ion, Saturn Sky, Pontiac Solstice, Pontiac G5 and Chevrolet HHR — saw their used car prices drop 14 percent between March and June 2014, compared with 6.7 percent for other used vehicles in the same period.

The biggest loss leaders were, of course, the Cobalt and its sister G5, with a 13.7 percent drop in price. That said, if you ever wanted a Cobalt SS coupe or sedan (or XFE for that Prius-esque fuel economy without the hipster connotations), or a Saturn Sky Redline, this might the time to pick one up.

iSeeCars GM Recall Price Drop Average Chart

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Bubble Warnings Loom Large Over US Auto Sales Boom http://www.thetruthaboutcars.com/2014/08/bubble-warnings-loom-large-us-auto-sales-boom/ http://www.thetruthaboutcars.com/2014/08/bubble-warnings-loom-large-us-auto-sales-boom/#comments Tue, 05 Aug 2014 11:00:38 +0000 http://www.thetruthaboutcars.com/?p=882066 Business is booming on the lot, with the industry on pace to move some 16 million vehicles out onto the highway by the end of 2014. However, some Wall Street insiders are growing bearish with this bull market, blaming easy credit for the surge in demand. Reuters reports the insiders believe the demand is artificial, […]

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Salesman With Customer

Business is booming on the lot, with the industry on pace to move some 16 million vehicles out onto the highway by the end of 2014. However, some Wall Street insiders are growing bearish with this bull market, blaming easy credit for the surge in demand.

Reuters reports the insiders believe the demand is artificial, and should begin to drop once the U.S. Federal Reserve raises interest rates next year. Morgan Stanley auto analyst Adam Jonas is among those insiders, and has gone as far as to proclaim the demand “peak auto”:

We have little doubt that we’re in bubble territory. We’ve blown through prior (sales) peaks in terms of value, the amount of money people are spending on automobiles. We’re in uncharted territory right now.

Jonas posits demand will actually hit its peak in 2017, when a record 18 million units are expected to leave the showroom floor, before dropping to just 14 million in 2019.

Easy credit is claimed to be fueling the current demand, which, in turn, is also fueling record transaction prices, the current average being more than $30,000 per vehicle. The U.S. Office of the Comptroller of the Currency goes as far as to claim in a June report that “signs of risk in auto lending are beginning to emerge” as automakers and their financing partners go after subprime consumers with ever-lengthening long-term loans.

However, most industry insiders believe pent-up customer demand is driving the ongoing sales boom, with incentives remaining stable compared to the run-up to the Great Recession six years ago. Inventories, too, are at “a healthy and manageable level,” with production capacity at near-peak, according to Ernst & Young lead analyst Anil Valsan. He expects sales to cool off and plateau in the coming years, rather than the bust Jones is forecasting.

That said, some vehicles are being moved with a much larger carrot than others, like the Cadillac ELR’s $20,000 discount and Chevrolet’s and Ford’s $10,000 discounts on their respective full-size pickup offerings. Jonas believes it’s only a matter of time before the market visits the ER for credit poisoning, warning the next decade in the auto industry will be “more brutal” than the current decade “in almost every way.”

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GM Financial Subpoenaed By DOJ In Subprime Lending Review http://www.thetruthaboutcars.com/2014/08/gm-financial-subpoenaed-doj-subprime-lending-review/ http://www.thetruthaboutcars.com/2014/08/gm-financial-subpoenaed-doj-subprime-lending-review/#comments Tue, 05 Aug 2014 10:00:04 +0000 http://www.thetruthaboutcars.com/?p=882002 While the parent company goes through the federal ringer over product safety, GM Financial is under the gun after receiving a subpoena from the U.S. Department of Justice regarding potential deceptive practices in subprime lending. The Detroit News reports the subpoena is part of a review “to determine if banks were misled into buying some […]

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GM Financial AmeriCredit

While the parent company goes through the federal ringer over product safety, GM Financial is under the gun after receiving a subpoena from the U.S. Department of Justice regarding potential deceptive practices in subprime lending.

The Detroit News reports the subpoena is part of a review “to determine if banks were misled into buying some auto loans,” according to General Motors. The subpoena was served July 28, requesting documents linked to the lending arm’s and affiliates’ subprime originations and securitizations going back to 2007.

The review in question is the DOJ’s investigation into potential violations of the Financial Institutions Reform, Recovery and Enforcement Act of 1989, particularly around the underwriting criteria of said originations and “the representations and warranties relating to those underwriting criteria that were made in connection with the securitization of the automobile loan contracts.” The findings of the review could open the door to civil suits.

For GM Financial’s part, executive vice president and treasurer Susan Sheffield claimed the subpoena only focused on subprime lending issues in general, and not on the lender specifically. GM Financial represents 30 percent of all subprime lending to the parent company’s dealership network, and holds the title of second-largest subprime lender with $2 billion issued to-date in 2014.

Representatives for Chrysler Capital and Ford Credit both said their employers have not received a subpoena thus far.

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New York City First In Nation To Ban Sales Of Unrepaired Recalled Used Vehicles http://www.thetruthaboutcars.com/2014/08/new-york-city-first-nation-ban-sales-unrepaired-recalled-used-vehicles/ http://www.thetruthaboutcars.com/2014/08/new-york-city-first-nation-ban-sales-unrepaired-recalled-used-vehicles/#comments Fri, 01 Aug 2014 13:00:47 +0000 http://www.thetruthaboutcars.com/?p=877954 Shopping for a used vehicle in New York City? Thanks to city officials, the used car you buy will likely be a bit safer, as all 800 used dealerships must fix recalled vehicles prior to purchase, as well as fix those sold after the fact. The Detroit Newsreports the move is the result of an […]

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Used Car Dealership NYC

Shopping for a used vehicle in New York City? Thanks to city officials, the used car you buy will likely be a bit safer, as all 800 used dealerships must fix recalled vehicles prior to purchase, as well as fix those sold after the fact.

The Detroit Newsreports the move is the result of an investigation by the city’s Department of Consumer Affairs, where 200 such dealers were subpoenaed “to provide their policies on selling unrepaired recalled cars, to reveal how many such vehicles they have sold in the past year, and whether the consumer was notified at the time of sale.”

The new requirement uses a city ordinance requiring dealers to certify their wares as roadworthy, and to not mislead customers regarding the safety of any vehicle on the lot. Dealers will also be ordered to send notices to consumers owning recalled vehicles, and to repair any that come into the shop at the dealer’s expense.

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Honda Dealerships Asked To Issue Waivers Over Defective Airbags http://www.thetruthaboutcars.com/2014/08/honda-dealerships-asked-issue-waivers-defective-airbags/ http://www.thetruthaboutcars.com/2014/08/honda-dealerships-asked-issue-waivers-defective-airbags/#comments Fri, 01 Aug 2014 10:00:33 +0000 http://www.thetruthaboutcars.com/?p=877626 Ever wonder what would happen if Dethklok decided to go into the automotive business, especially with the virtual band’s use of pain waivers as a legal means to protect themselves from whatever death and/or dismemberment would likely occur during a concert? Wonder no more: Honda is asking its dealers to ask their customers to sign […]

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Scholfield Honda Dealership

Ever wonder what would happen if Dethklok decided to go into the automotive business, especially with the virtual band’s use of pain waivers as a legal means to protect themselves from whatever death and/or dismemberment would likely occur during a concert?

Wonder no more: Honda is asking its dealers to ask their customers to sign a waiver acknowledging the used car they’re about to buy off the lot may have an Takata airbag that, in the event of a crash, could kill them upon deployment.

Automotive News reports the automaker’s Airbag Inflator Recall Disclosure and Acknowledgment waiver affects the following Honda and Acura vehicles:

  • 2001-2005 Accord V6
  • 2001-2007 Accord I4
  • 2002-2003 TL
  • 2002-2003 CL
  • 2002-2004 Odyssey
  • 2002-2006 CR-V
  • 2003-2006 MDX
  • 2003-2007 Pilot
  • 2003-2011 Element
  • 2005 RL
  • 2006 Ridgeline

Most dealers believe the waiver is a smart move by Honda, citing liability concerns. However, New Jersey lawyer Eric Chase says the waver could prove to be a problem for both parties:

If a dealer called me and said, “We’re talking about something that is under recall but we can’t repair it and it’s dangerous to the point we’d have to warn them about death,” I’d say, “You’ve got to do everything you legally can to make sure a consumer does not get behind that wheel.”

Meanwhile, a Honda representative said that once the automaker has gone through its VIN database and those of all 50 states’ DMVs to find and recall all vehicles affected by the Takata airbag crisis, dealers won’t need to issue the wavers come purchase time, instead using a VIN search to determine any potential problem with a given vehicle.

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Millennials Start With Sharing, End With Individual Ownership http://www.thetruthaboutcars.com/2014/07/millennials-start-with-sharing-end-with-individual-ownership/ http://www.thetruthaboutcars.com/2014/07/millennials-start-with-sharing-end-with-individual-ownership/#comments Tue, 29 Jul 2014 13:00:36 +0000 http://www.thetruthaboutcars.com/?p=875073 Though companies such as Lyft, Car2Go and Uber aim to help the young and the carless get around town without the need for owning a car — Uber wanting to go as far as to replace car ownership, period — the millennials eventually decide to go all in on individual car ownership. Automotive News reports […]

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Though companies such as Lyft, Car2Go and Uber aim to help the young and the carless get around town without the need for owning a car — Uber wanting to go as far as to replace car ownership, period — the millennials eventually decide to go all in on individual car ownership.

Automotive News reports the transition from using ridesharing and car sharing services to ownership comes when cohorts of the generational group begin families, sometimes moving out of the urban core to do so. The delays in starting a family and purchasing a car are linked to student loan debt and a recovering, highly competitive job market, pushing the age of first-time buyers to the mid-20s at the youngest.

Meanwhile, those who live in cities like Austin, Boston, New York and Seattle are helping to make sharing services a success, with a projected 3.8 million users coming on-board by 2020. In turn, a total of 50 percent either sell a car or postpone buying a car, substituting ownership for sharing, leading to 1.9 million vehicles sold-off or not bought by 2020.

Though sharing may mean fewer vehicles leave the showroom, overall sales are climbing. Over 16 million units are forecast to head out onto the highway by the end of 2014 according to many an analyst. In the long-term, sharing services may also help send their consumer base to the showroom, with those shoppers looking a vehicle based on what they drove as a member of the service.

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BMW Unveils $6,500 Suitcase-Size EV Charger http://www.thetruthaboutcars.com/2014/07/bmw-unveils-6500-suitcase-size-ev-charger/ http://www.thetruthaboutcars.com/2014/07/bmw-unveils-6500-suitcase-size-ev-charger/#comments Tue, 29 Jul 2014 11:00:58 +0000 http://www.thetruthaboutcars.com/?p=874913 Owners of BMWs i Series vehicles may soon have more places to charge their vehicles, all thanks to the automaker’s new, less-expensive, suitcase-sized charger. Automotive News reports the 100-pound, 24-kilowatt chargers, made by Bosch Automotive Service Solutions, will be available to companies who partner with BMW for the low price of $6,500, and can recharge […]

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Owners of BMWs i Series vehicles may soon have more places to charge their vehicles, all thanks to the automaker’s new, less-expensive, suitcase-sized charger.

Automotive News reports the 100-pound, 24-kilowatt chargers, made by Bosch Automotive Service Solutions, will be available to companies who partner with BMW for the low price of $6,500, and can recharge other EVs from other automakers like General Motors, Volkswagen and Ford.

According to BMW of North America EV infrastructure manager Robert Healey, BMW hopes that by making its new charger available at a discount, the companies who sign on would help the automaker establish a nationwide network similar to Tesla’s exclusive Supercharger network:

Our focus is on getting as many DC fast chargers out there as possible, but the cost has been a hindrance. We want to remove every perceived barrier for our potential customers. We want to ensure that customers see these chargers.

The first of the new chargers will go online at BMW dealerships in August, with more to come as third-party companies begin to partner with BMW.

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Buy-Here, Pay-Here Dealers Face Stiff Competition From New-Car Dealers’ Cheap Credit http://www.thetruthaboutcars.com/2014/07/buy-here-pay-here-dealers-face-stiff-competition-from-new-car-dealers-cheap-credit/ http://www.thetruthaboutcars.com/2014/07/buy-here-pay-here-dealers-face-stiff-competition-from-new-car-dealers-cheap-credit/#comments Thu, 10 Jul 2014 12:00:57 +0000 http://www.thetruthaboutcars.com/?p=862945 Buy-here, pay-here lots, traditionally the place to find a vehicle with little, bad or no credit, are facing some stiff competition as of late from new-car dealers offering cheap financing. Automotive News reports in a conference call this spring by America’s Car-Mart CEO Hank Henderson, he said new-car dealerships were making finance offers on both […]

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Buy-here, pay-here lots, traditionally the place to find a vehicle with little, bad or no credit, are facing some stiff competition as of late from new-car dealers offering cheap financing.

Automotive News reports in a conference call this spring by America’s Car-Mart CEO Hank Henderson, he said new-car dealerships were making finance offers on both low-end new vehicles and high-end used units his group are unable to counter:

Some of the offerings are zero percent down, no payments for 90 days. We’ve even seen no payments for a year — and then those are getting financed at 72 months, sometimes even longer.

Lenders are fueling the demand for cheap credit at new-car dealers, as well, forcing the buy-here, pay-here dealers to turn down business from consumers hoping to find as much with the latter party. That said, the approach said dealers promote — including substantial down payments and shorter terms — claims to be more economically healthy for subprime consumers than the competitive approach that could leave a consumer upside-down in the long run.

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Mitsubishi: U.S.-Bound 2016 Outlander PHEV “Will Be Completely Different” http://www.thetruthaboutcars.com/2014/07/mitsubishi-u-s-bound-2016-outlander-phev-will-be-completely-different/ http://www.thetruthaboutcars.com/2014/07/mitsubishi-u-s-bound-2016-outlander-phev-will-be-completely-different/#comments Wed, 09 Jul 2014 11:00:36 +0000 http://www.thetruthaboutcars.com/?p=862137 Perhaps as a result of what Mitsubishi had learned thus far since the introduction of the Outlander PHEV in Europe, Japan and Australia — as well as a MY 2016 redesign — the United States-bound PHEV “will be completely different,” according to both Mitsubishi Motors North America Executive Vice President Don Swearingen and U.S. PR […]

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Perhaps as a result of what Mitsubishi had learned thus far since the introduction of the Outlander PHEV in Europe, Japan and Australia — as well as a MY 2016 redesign — the United States-bound PHEV “will be completely different,” according to both Mitsubishi Motors North America Executive Vice President Don Swearingen and U.S. PR boss Alex Fedorak.

Autoblog reports the SUV — now set to arrive in November 2015 — will have an interior with materials that look and feel “less value-oriented,” while its battery monitor can look each cell along with the overall pack. It will also likely take its styling cues from the GC-PHEV and XR-PHEV concepts, both debuting at the 2013 Tokyo Auto Show last November.

Meanwhile, the 2015 Outlander Sport may soon possess a 2.4-liter I4 to go with its 2-liter variant as Fedorak and his employer’s dealer network discuss what needs to be done to make the bigger engine a better sell; early results point to stronger highway overtaking ability.

Finally, although Mitsubishi’s long-term goal is to evolve into “an SUV/crossover-type company,” cars will still have a role in the near-term, especially the Mirage compact. Despite most publications giving the Mirage a good thrashing — though our rising superstar managing editor had a different sort of thrashing in mind — Fedorak claims the compact is outselling both the Mazda2 and Toyota Yaris; the latter is ahead of the Mitsubishi by 265 units through the end of June.

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General Motors Digest: July 8, 2014 http://www.thetruthaboutcars.com/2014/07/general-motors-digest-july-8-2014/ http://www.thetruthaboutcars.com/2014/07/general-motors-digest-july-8-2014/#comments Tue, 08 Jul 2014 13:00:22 +0000 http://www.thetruthaboutcars.com/?p=861585 In today’s General Motors Digest: Replacement ignition switches are shipping to dealership service bays in boxes that may not reflect the contents inside; GM hands over 2 million documents to the United States House of Representatives; and certain truck owners are on their own as far as rusty brake lines are concerned. Automotive News reports […]

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In today’s General Motors Digest: Replacement ignition switches are shipping to dealership service bays in boxes that may not reflect the contents inside; GM hands over 2 million documents to the United States House of Representatives; and certain truck owners are on their own as far as rusty brake lines are concerned.

Automotive News reports in a June 24, 2014 memo by the automaker to its 4,300-strong dealership network, GM would be shipping the ignition switches related to the February 2014 recalls in ACDelco boxes “due to the unprecedented volume of parts being shipped and the resulting shortage of GM Parts boxes.” The memo was composed to allay doubts of authenticity that might arise when the shipments arrive. As of June 25, 2014, 296,462 of the 2.6 million vehicles affected by the recall have been repaired, while GM expects to have the parts ready for the majority of the affected by October.

Over in the Beltway, The Detroit News says the automaker has turned over 2 million pages of records in relation to the February 2014 recall to the U.S. House Energy and Commerce Committee as part of the latter’s ongoing investigation. Rep. Fred Upton of Michigan, who is in the early stages of planning an auto safety overhaul bill, states that he wants to wrap up the investigation prior to making such a bill available for consideration. In an interview with WJR-AM, Upton is considering a national registry to easily track recalled vehicles in the repair stage, as well as when affected vehicles pass into the used car market.

Finally, Bloomberg reports that while General Motors has issued recalls left and right, it has not done so with 1.8 million light trucks and SUVs made between 1999 and 2003 affected by rusting brake lines. Further, the automaker says it’s the owner’s responsibility to prevent rusting and, if need be, replace the lines with a $500 MSRP kit. The defect has hit Salt Belt owners the hardest, where failed brake lines make up 43 out of 100,000 units sold, according to the National Highway Traffic Safety Administration.

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2015 Audi A3 Sedan Sales Outpacing Supply, Stealing From Honda, Toyota http://www.thetruthaboutcars.com/2014/07/2015-audi-a3-sedan-sales-outpacing-supply-stealing-from-honda-toyota/ http://www.thetruthaboutcars.com/2014/07/2015-audi-a3-sedan-sales-outpacing-supply-stealing-from-honda-toyota/#comments Mon, 07 Jul 2014 11:00:31 +0000 http://www.thetruthaboutcars.com/?p=860769 The 2015 Audi A3 Sedan is doing quite well for itself in the United States since its arrival back in April of this year, even if the hipster parties during the sedan’s U.S. unveiling more than likely just amused the automaker’s traditional clientele instead of attracting younger buyers as the party plan intended. Autoblog reports […]

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The 2015 Audi A3 Sedan is doing quite well for itself in the United States since its arrival back in April of this year, even if the hipster parties during the sedan’s U.S. unveiling more than likely just amused the automaker’s traditional clientele instead of attracting younger buyers as the party plan intended.

Autoblog reports Audi of America sold 2,452 A3 Sedans in June alone, with just over 25 percent of consumers under the age of 30. That particular group of young Audi drivers are new to the automaker, brand conquests over Honda and Toyota.

As for buying one right now, there may be a line ahead of you: Audi is still stocking its dealer network with the $30,795 sedan, with a wait as long as 30 days for those wanting specific features for their A3. The line may grow longer, however, when the automaker’s A3 E-tron arrives in Q2 2015, with every one of Audi’s U.S. dealerships being granted the opportunity to sell the PHEV.

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Reuters: GM Ignition Woes Came As Early As 1997 http://www.thetruthaboutcars.com/2014/07/reuters-gm-ignition-woes-came-as-early-as-1997/ http://www.thetruthaboutcars.com/2014/07/reuters-gm-ignition-woes-came-as-early-as-1997/#comments Fri, 04 Jul 2014 12:00:29 +0000 http://www.thetruthaboutcars.com/?p=858601 It may have taken nearly 14 years for one ignition switch issue to finally find attention, but General Motors’ ignition woes go as far back as 1997, when Chevrolet Malibu owners had their own switch problems. Reuters reports one of the earliest complaints filed with the National Highway Traffic Safety Administration was in April of […]

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GM RenCen Downtown Detroit

It may have taken nearly 14 years for one ignition switch issue to finally find attention, but General Motors’ ignition woes go as far back as 1997, when Chevrolet Malibu owners had their own switch problems.

Reuters reports one of the earliest complaints filed with the National Highway Traffic Safety Administration was in April of that year, when a New Jersey woman said she had been stuck on the road seven times with her new Malibu due to the switch’s inability to turn and the key stuck in place. The defective part was replaced twice, but to no avail. Other complaints include the key being easily removable while the power was still on, and power suddenly cutting out.

By 2001, when the 2000 Chevrolet Impala experienced its own ignition issues similar to those in the Malibu and, further on, the Cobalt and Saturn Ion, GM sent a pair of service bulletins to its dealership network, offering potential solutions to remedy the problems in both vehicles. However, no recall would be issued until Monday’s order of 8.4 million vehicles.

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General Motors Digest: July 3, 2014 http://www.thetruthaboutcars.com/2014/07/general-motors-digest-july-3-2014/ http://www.thetruthaboutcars.com/2014/07/general-motors-digest-july-3-2014/#comments Thu, 03 Jul 2014 13:00:31 +0000 http://www.thetruthaboutcars.com/?p=858049 In today’s General Motors digest: GM recalls a recall; the automaker gains market share in spite of itself; its bankruptcy judge believes it may have committed fraud; the U.S. Senate gets ready for a second February 2014 recall hearing; and Anthony Foxx vows to keep the heat turned up on GM. Detroit Free Press reports […]

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General Motors headquarters in Detroit, Michigan

In today’s General Motors digest: GM recalls a recall; the automaker gains market share in spite of itself; its bankruptcy judge believes it may have committed fraud; the U.S. Senate gets ready for a second February 2014 recall hearing; and Anthony Foxx vows to keep the heat turned up on GM.

Detroit Free Press reports the automaker’s recall of the 2013 – 2014 Cadillac CTS over an ignition switch issue similar to the one affecting the 2010 – 2014 Chevrolet Camaro, as well as the issue that kicked off GM’s recall parade back in February, only affected 264 coupes and wagons assembled before the redesigned sedan left the factory floor; the sedan was incorrectly listed among the 8.4 million vehicles recalled worldwide Monday.

In spite of said recall parade, Automotive News says GM gained market shared in the first six months of 2014, jumping from 16.9 percent in January to 18.8 percent in June. Further, June 2014 sales climbed 1.2 percent to 1.42 million units — instead of falling 2.6 percent as some analysts had predicted — fueled by new models entering the showroom and more lease deals. In turn, the annualized selling rate rose to 16.98 million, the highest rate seen since July 2006, and one higher than 2013′s 15.9 million in the same period. GM hopes to keep up the pace by offering Cobalt owners and owners of other recalled vehicles a $500 incentive to trade-in for a certified used vehicle, and employee pricing on new models; so far, 21 percent of Cobalt owners have taken the automaker up on its offer between March and May 2014.

Meanwhile, Bloomberg reports U.S. Bankruptcy Judge Robert Gerber, who presided over the automaker’s bankruptcy proceedings in 2009, may have to haul GM back in on fraud charges if evidence is found, pointing to then-CEO Fritz Henderson’s possible knowledge — and obfuscation — of the ignition switch problem. Should the evidence be there, Judge Gerber could force the automaker to pay billions of dollars to any of the plaintiffs in the 90-plus lawsuits now waiting for his approval to proceed, which could come as soon as September 15.

Over in the Beltway, Reuters says a consumer protection and product safety subcommittee of the U.S. Senate Commerce Committee will hold a second hearing on the February 2014 recall July 17, though no announcement has been made as to who will be invited to testify as of this writing.

Finally, The Detroit News reports U.S. Transportation Secretary Anthony Foxx and the National Highway Traffic Safety Administration both vow to “keep putting the screws on [GM's safety efforts] until it gets right.” The agency, who is monitoring the automaker for the next three years as part of the latter’s settlement with the federal government, will look into the newest recalls to determine if GM issued them in a timely manner, though Foxx thinks the automaker is acting in good faith.

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GM Issues Chevy Cruze Stop-Sale Over Defective Airbag Units http://www.thetruthaboutcars.com/2014/06/gm-issues-chevy-cruze-stop-sale-over-defective-airbag-units/ http://www.thetruthaboutcars.com/2014/06/gm-issues-chevy-cruze-stop-sale-over-defective-airbag-units/#comments Thu, 26 Jun 2014 11:00:10 +0000 http://www.thetruthaboutcars.com/?p=852937 Airbag supplier Takata’s woes continue as General Motors has issued a stop-sale of 33,000 2013 and 2014 Chevrolet Cruzes equipped with the supplier’s airbag units. Automotive News reports the driver’s side inflator module “may have been assembled with an incorrect part,” according to a notice sent out by GM to Canadian and U.S. dealerships. Unlike […]

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Airbag supplier Takata’s woes continue as General Motors has issued a stop-sale of 33,000 2013 and 2014 Chevrolet Cruzes equipped with the supplier’s airbag units.

Automotive News reports the driver’s side inflator module “may have been assembled with an incorrect part,” according to a notice sent out by GM to Canadian and U.S. dealerships. Unlike the Takata inflators recently recalled by Honda, Toyota et al, the Cruze’s units may fail to inflate the airbag in a crash. Those affected are either in the showroom or already in customer possession.

The stop-sale comes at an inopportune time for dealers as the end-of-the-month sales push kicks into high gear, especially since the Cruze is GM’s best-selling car. Cumulative 2014 sales of the compact total 119,330 through May, and are currently backed by $2,500 in incentives through July 30. Meanwhile, dealers are in pursuit of big wins this quarter under the automaker’s Standards of Excellence program, where small dealerships can receive a $10,000 bonus and $150,000 for the biggest stores.

The stop-sale order may be just the beginning: National Highway Traffic Safety Administration spokesman Jim Cain says GM will file an official recall notice with the agency “soon,” piling onto the 44 recalls already affecting a total of 20 million units globally since the start of this year.

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Google Debuts Android Auto During I/O Keynote http://www.thetruthaboutcars.com/2014/06/google-debuts-android-auto-during-io-keynote/ http://www.thetruthaboutcars.com/2014/06/google-debuts-android-auto-during-io-keynote/#comments Thu, 26 Jun 2014 10:00:10 +0000 http://www.thetruthaboutcars.com/?p=852889 Google’s entry into the connected-car game stepped up to the next level this week when Android Auto was unveiled before the developers in attendance at the 2014 Google I/O Keynote Address. Automotive News reports Android Auto — formerly known as Google Auto Link — will not be an embedded system, but “projected” from Android-powered smartphones […]

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Android Auto + Honda Civic

Google’s entry into the connected-car game stepped up to the next level this week when Android Auto was unveiled before the developers in attendance at the 2014 Google I/O Keynote Address.

Automotive News reports Android Auto — formerly known as Google Auto Link — will not be an embedded system, but “projected” from Android-powered smartphones through USB into the head unit. Its main feature is its voice-enabled operation, allowing the driver to receive and respond to texts, get directions to the nearest restaurant or fuel station, and dictate to-do lists for later reference, all without having to take their eyes off the road.

Android Auto was also designed for app developers in mind, simplifying the process of creating, distributing and updating their work without worrying if the embedded system will play nice with them by centralizing everything around the smartphone or tablet.

Though players such as Fiat Chrysler Automobiles, Volkswagen Group and Honda are among those on-board with Android Auto, Google did not say which of the members of the Open Automotive Alliance would be the first to bring the technology to the showroom. However, Hyundai product planning manager John Shon says his employer will be the first out of the gate when newer models of the 2015 Sonata arrive with both Android Auto and competitor Apple’s own CarPlay by the end of 2014; current 2015 models will receive both systems upon release.

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GM Offers Incentives To Speed Up Ignition Recall Repairs http://www.thetruthaboutcars.com/2014/06/gm-offers-incentives-to-speed-up-ignition-recall-repairs/ http://www.thetruthaboutcars.com/2014/06/gm-offers-incentives-to-speed-up-ignition-recall-repairs/#comments Mon, 23 Jun 2014 10:00:02 +0000 http://www.thetruthaboutcars.com/?p=850106 With 2.6 million vehicles needing new ignition switches fueling service bay backlogs, General Motors is offering its dealership network incentives to speed up the process. Automotive News reports dealership service and parts managers who install 90 percent or more of the ignition-switch replacement kits by July 7 will receive a $250 credit for use at […]

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With 2.6 million vehicles needing new ignition switches fueling service bay backlogs, General Motors is offering its dealership network incentives to speed up the process.

Automotive News reports dealership service and parts managers who install 90 percent or more of the ignition-switch replacement kits by July 7 will receive a $250 credit for use at an unnamed online gift shop. The credit carrot/stick combo is part of GM’s Ignition Switch Recall Completion Initiative, which will also offer $4,000 in credit to 50 qualifying dealerships chosen at random, while one dealership will receive $10,000; both credit incentives are meant to be split between service and parts managers.

Meanwhile, 199,457 vehicles have undergone the 70-minute surgery through June 16 according to the automaker, while 400,000 kits have arrived at dealership service bays thus far. GM holds that enough kits will be made to repair the majority of the affected vehicles by October. Customers will also receive new keys to go with the new switches.

Made in supplier Delphi’s plant in Mexico, the kits can also be applied to vehicles other than the ones they were meant to fix, but only if the affected customers aren’t able to have their vehicle repaired “in a reasonable time.” To ensure customers don’t miss out, GM will also conduct an outreach program via email in the next few weeks to those who haven’t begun the process of repairing their affected vehicles.

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