In this video, NADA Senior Vice President of Regulatory Affairs, Paul Metrey, gets into the details of the massive FTC proposed rule on auto retail.

Automotive News today released an editorial on the proposed FTC rule: “FTC needs better insights before adding new rules.”

Last week, senior NADA staff flew to Detroit to meet with the editors of Automotive News to explain the massive new Federal Trade Commission (FTC) rule on automotive retail.

Satisfaction with new car sales at 96%; service satisfaction at 91%.

Toyota Motor Corp reached a settlement potentially worth $150 million to resolve U.S. class-action litigation tied to recalls of about 3.36 million Toyota and Lexus vehicles whose defective fuel pumps could cause engines to stall.

Japan’s three biggest carmakers rank the lowest among global auto companies when it comes to decarbonization efforts, according to a study by Greenpeace, as the climate crisis intensifies the need to shift to zero-emission vehicles.

Mercedes-Benz AG and Rivian Automotive Inc. plan to jointly build electric vans in Europe, a potential win-win that could lead to further collaboration as an established manufacturer looks to share costs and an inexperienced company struggles to scale up.

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As far as nicknames go, “Studebaker Goss” suggests plenty about Milo Jasper “M.J.” Goss III, the founder of M.J. Goss Motor Company.

New light-vehicle sales in August totaled a SAAR of 13.2 million units, up roughly 0.7% from August 2021 but down 1.1% from this July. August 2022’s raw sales volume of 1.28 million units was roughly flat compared with July’s total. Inventory continues to be the main impediment to increasing new-vehicle sales volumes above the rates seen in recent…