New CFPB rule prohibits lenders from forcing arbitration Auto News

The CFPB banned banks and other financial services companies from including mandatory arbitration clauses in contracts to prevent consumers pursuing claims of wrongdoing from joining class-action lawsuits.

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Former interim NHTSA chief Friedman takes policy role at Consumers UnionAuto News

David Friedman, the former interim head of NHTSA who steered the agency through the GM recall crisis, was named to a key policy post at Consumers Union.

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Musk Rockets to Top of CEO Pay List (7/10/17)

Musk rockets to top in CEO pay; Honda confirms death of person repairing car equipped with Takata...
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FCA alone in top 10 radio advertisersAuto News

GM led all automakers in ad spending last year, but FCA was the only one to rank in the top 10 in radio spending, according to Advertising Age.

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Honda confirms 11th U.S. death tied to ruptured Takata airbag inflatorAuto News

Honda said it confirmed an 11th U.S. death involving one of its vehicles tied to a faulty Takata airbag inflator.

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U.S. judge to name Feinberg as Fiat Chrysler diesel settlement master Auto News

A U.S. judge overseeing lawsuits against Fiat Chrysler over its alleged excess diesel emissions said he intends to name well-known compensation expert Ken Feinberg to try to reach a settlement.

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Cooper-Standard expects to double China sales in 4 yearsAuto News

Cooper-Standard expects to double China revenues by 2021 by expanding output of sealing, fuel system and anti-vibration components to meet rising auto production, CEO Jeffrey Edwards said.

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Chevy's Mahoney refocuses the brand's global marketing footprintAuto News

Since taking over as Chevrolet's global chief marketing officer in 2013, Tim Mahoney has steered the brand's "Find New Roads" campaign. But his geographic responsibilities have been shrinking.

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Porsche under investigation by German prosecutors for fraud, false advertisingAuto News

The Stuttgart prosecutor's office said employees at Porsche AG and its United States subsidiary were being investigated for suspected fraud and false advertising related to diesel emissions.

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