NAIAS Shifts to Fall

September 23, 2020

The North American International Auto Show (NAIAS) announced it will move its reimagined indoor and outdoor show, originally planned for summer 2021, to Sept. 28 – Oct. 9, 2021. NAIAS officials say the show is teed up to be a global powerhouse of current product and next-generation mobility combined with immersive brand activations and product engagement for both the international media and the public.

“We have talked with many of our partners, particularly the OEMs, and they are fully on board and excited about the date change,” NAIAS Executive Director Rod Alberts said.

NAIAS will remain a fall show going forward after the inaugural event in September 2021. Show dates have already been secured with TCF Center for the next three years. NAIAS organizers secured dates toward the end of the month, in part, to be mindful of the new IAA in Munich, which is scheduled for the first full week in September.

“Our responsibility as an auto show is to host a global stage for current products as well as mobility innovations of tomorrow,” Alberts said. “September is an excellent time of year for new product, and at the same time, alleviates the challenges a now crowded spring auto show calendar presents for auto show stakeholders.”

“Spreading out major auto shows is a win for everyone, particularly our partners. It gives auto companies an opportunity to give it their best at each and every show, which creates excitement for those who attend, too,” Alberts said.

NAIAS officials also plan to expand the show’s marketing reach, drawing additional show visitors from beyond the region and state. The campaign will emphasize that consumers can preview all of the latest new cars and trucks headed to dealership showrooms while also enjoying Detroit and Michigan in the fall.

“With seasonable autumn temperatures and technology and experiential activations positioned throughout the city, show visitors will be able to enjoy fall in a walkable, vibrant Motor City while embracing the future of the industry right before their eyes,” 2021 NAIAS Chairman Doug North said.

North said the September 2021 show will include the same memorable product experiences that were originally planned for the June show, including dynamic displays and experiential ride-and-drives. The NAIAS campus will include product and technology activations both inside TCF Center and throughout the city.

NAIAS will continue to host seven unique shows in one: Motor Bella, The Gallery, Press Preview, AutoMobili-D, Industry Preview, Charity Preview and Public Show.

Additionally, NAIAS is launching a new virtual thought leadership series, Q’d Up Mobility. The monthly series will provide a glimpse into what the 2021 show has queued up for guests.

Carvana Co., an eCommerce platform for buying and selling used cars, announced it is planning to offer, subject to market conditions and other factors, up to $1.0 billion in aggregate principal amount of Senior Notes, consisting of $500,000,000 aggregate principal amount of Senior Notes due 2025 and $500,000,000 aggregate principal amount of Senior Notes due 2028. Carvana intends to use a portion of the net proceeds from the offering to redeem in full $600.0 million aggregate principal amount of its outstanding 8.875 percent Senior Notes due 2023, and the remainder of the net proceeds to pay fees and expenses related to the offering and for general corporate purposes.

The notes will not be registered under the Securities Act of 1933, as amended, or the securities laws of any other jurisdiction, and will not be offered or sold in the United States or to U.S. persons absent registration or an applicable exemption from the registration requirements. The offering of the notes will be made only to persons reasonably believed to be qualified institutional buyers in accordance with Rule 144A under the Securities Act and to non-U.S. persons in accordance with Regulation S under the Securities Act.

This press release is issued pursuant to Rule 135c of the Securities Act and does not constitute an offer to sell, or a solicitation of an offer to buy, any security. No offer, solicitation, or sale will be made in any jurisdiction in which such an offer, solicitation, or sale would be unlawful. Any offers of the notes will be made only by means of a private offering memorandum. This press release is not an offer to purchase or a solicitation of an offer to purchase any 2023 Notes and does not constitute a redemption notice for the 2023 Notes.

EEOC Sues Lexus Dealer

September 22, 2020

Performance of Brentwood, L.P., doing business as Lexus of Cool Springs, violated federal law when it subjected a female service consultant to different terms and conditions of employment than similarly situated male co-workers and then fired her because of her sex, the U.S. Equal Employment Opportunity Commission (EEOC) charged in a lawsuit filed recently.

Performance of Brentwood, L.P. owns and operates two Lexus car dealerships in the greater Nashville area, one of which is Lexus of Cool Springs.

According to the EEOC’s lawsuit, the company’s service director subjected women consultants to different terms and conditions of employment than similarly situated male coworkers. In his first three months on the job, the service director replaced two women service consultants with multiple male consultants. In addition, the EEOC contends, the service director approved five vacation days each for two men he had hired, despite their lack of accumulated leave time. In contrast, the EEOC charges, he fired the last remaining female service consultant, who was the department’s top performer, for “poor attendance” after she tried to use one of her earned sick days.

Such alleged conduct violates Title VII of the Civil Rights Act of 1964, which prohibits discrimination on the basis of sex. The EEOC filed suit (EEOC v. Performance of Brentwood, L.P., Civil Action No. 3:20-cv-00795) in U.S. District Court for the Middle District of Tennessee, Nashville Division, after first attempting to reach a voluntary pre-litigation settlement through its conciliation process. The suit seeks monetary relief in the form of back pay and compensatory damages, as well as an injunction against future discrimination.

“It is unfortunate that 56 years after passage of the all-important Civil Rights Act of 1964, employers continue to deny women equal employment opportunities in the workplace,” said Delner Franklin-Thomas, district director of the EEOC’s Memphis District Office, which has jurisdiction over Arkansas, Tennessee and portions of Mississippi. 

Cars.com digital automotive marketplace and solutions provider, prepares its annual Car Seat Check Honor Roll to arm parents and caregivers with vital information on which family vehicles best fit car seats and have the easiest-to-use Latch systems for car seat installation. This year, Cars.com tested more than 87 vehicles and 14 made the Honor Roll, which is the highest number of vehicles ever featured on the list. Cars.com also created a list of the best used cars for car seats, which highlights cars from the 2014-19 model years that earned all A’s in our Car Seat Checks.

“Since COVID-19 began, families are relying on their cars more than ever. Cars have become our mobile bubbles and a critical piece of navigating our way through the pandemic,” said Jenni Newman, Cars.com editor-in-chief and certified child-passenger safety technician. “As a certified child-passenger safety technician, it feels like I’ve seen it all when it comes to car seat mistakes. Car seats can be confusing, but getting them right is so important, especially now as families spend more time on the road.”

The following vehicles made Cars.com’s 2020 Car Seat Check Honor Roll:

● BMW X7

● Lexus ES 350 

 

● Chevrolet Equinox

● Nissan Maxima, Murano

   

● Hyundai Santa Fe

● Subaru Forester

 

● Jaguar I-Pace

● Volkswagen Atlas

 

● Jeep Cherokee

● Toyota 4Runner, Avalon, and RAV4

 

 ● Volvo V60

   

“Cars.com research recently revealed that 64 percent of car shoppers have moved up their purchasing timeline due to COVID-19,” added Newman. “With the increased number of shoppers, new and used cars are in demand. The average new-car list price on Cars.com was $37,651 in late August, but the average used-car price (2000 model year or newer) was $23,650. That price savings allows a new family to find a car that will grow with them as their babies grow from rear-facing infant seats to convertible car seats and eventually booster seats in the years to come.”

Cars.com’s best used cars for car seats:

  • BMW: 2019 X7
  • Chevrolet: 2018 Equinox
  • Ford: 2017 Escape, 2014 Taurus
  • Genesis: 2018 G90, 2017 G90
  • GMC: 2018 Acadia, 2017 Acadia
  • Honda: 2017 Accord Hybrid
  • Hyundai: 2019 Santa Fe, 2018 Sonata, 2016 Sonata Hybrid, 2015 Sonata
  • Jaguar: 2019 I-Pace, 2017 XF, 2016 XF
  • Jeep: 2019 Cherokee
  • Lexus: 2019 ES 350, 2015 ES 350
  • Lincoln: 2018 Continental, 2017 Continental
  • Mercedes-Benz: 2017 C300, 2014 S-Class
  • Mini: 2016 Clubman
  • Nissan: 2019 Maxima, 2019 Murano, 2014 Pathfinder and Pathfinder Hybrid
  • Subaru: 2019 Forester, 2018 Impreza, 2017 Impreza, 2015 Forester
  • Toyota: 2019 4Runner, 2019 Avalon, 2019 Camry, 2019 RAV4, 2018 Camry, 2018 4Runner, 2017 RAV4, 2016 RAV4
  • Volkswagen: 2019 Atlas, 2019 Tiguan, 2018 Atlas, 2018 Tiguan, 2015 Jetta
  • Volvo: 2019 V60, 2017 S90

New Jersey Attorney General Gurbir S. Grewal announced that nine individuals have been charged with conspiring to use stolen identities to obtain New Jersey digital driver’s licenses which they used to fraudulently purchase and finance motor vehicles and watercraft worth more than $1.3 million at dealerships in New Jersey, Pennsylvania, New York, Connecticut, and Massachusetts.

The defendants allegedly obtained New Jersey digital driver’s licenses from the Jersey City and North Bergen Motor Vehicle Agencies using the stolen identities of U.S. citizens in Puerto Rico and fake Puerto Rico driver’s licenses, along with other false documents, including Social Security cards, debit cards, and birth certificates. From February 2017 through December 2018, they allegedly fraudulently purchased, financed, titled and/or transferred 26 motor vehicles and three watercraft with trailers – one boat and two jet skis – using the fraudulently obtained New Jersey driver’s licenses and the identities and credit of the victims in Puerto Rico. Ten vehicles were recovered in the U.S., but it is believed the others were shipped overseas, including seven known to have been shipped to the Dominican Republic.

9 were charged in “Operation Export”  by NJ AG Gurbir
9 were charged in “Operation Export” by NJ AG Gurbir

Eight of the nine defendants allegedly personally obtained New Jersey driver’s licenses using stolen identities and made fraudulent purchases of vehicles and/or watercraft in New Jersey or other states. The ninth allegedly conspired with the others in the document fraud and was involved in receiving and transferring stolen vehicles and watercrafts. Six of the defendants are charged with theft by deception for allegedly personally making fraudulent purchases in New Jersey.

The defendants were charged in “Operation Export,” an investigation by the Division of Criminal Justice Specialized Crimes Bureau that began with a referral from the New Jersey Motor Vehicle Commission’s Security and Investigations Unit. The Motor Vehicle Commission (MVC) alerted the Attorney General’s Office after discovering that the Puerto Rico driver’s licenses used by the defendants to obtain New Jersey digital driver’s licenses were fraudulent.

“Within the span of two years, these defendants allegedly purchased over $1.3 million worth of vehicles and watercraft using stolen identities and fraudulently obtained New Jersey digital driver’s licenses. They then shipped a number of the stolen vehicles overseas,” said Grewal. “This case highlights that fraud involving official documents frequently is tied to larger criminal conspiracies, including identity theft and financial fraud, among other illegal activities. That is why we will remain vigilant with our partners at the Motor Vehicle Commission, who alerted us to the document fraud underlying this interstate and international criminal scheme.”

After buying a vehicle on credit, the defendants allegedly would “wash” the vehicle title by creating a fraudulent lien release or fraudulent title indicating there was no lien on the vehicle. The fake document was used to obtain a clean title in another state. That clean title was then used to transfer ownership to another individual, often within the conspiracy, allowing the vehicle to be shipped overseas.

Page 1 of 99

Trending News

NAIAS Shifts to Fall

NAIAS Shifts to Fall

Sep 23, 2020 Rate: 5.00

Agora Partners with Westlake

Agora Partners with Westlake

Sep 23, 2020 Rate: 0.00

KBB Donations Support St. Jude’s

KBB Donations Support St. Jude’s

Sep 23, 2020 Rate: 0.00