December Newsletter

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For Dealer Principals / General Managers / Sales Managers The Newsletter A Publication of Greater New York Automobile Dealers Association

GM President Dan Ammann to Keynote Press Breakfast 1

DEC 2014 Volume 24, Issue 8

The New York International Automobile Show is pleased to announce GM President Dan Ammann as keynote speaker for the Show’s Opening Press Breakfast on Wednesday, April 1, 2015, at the Jacob K. Javits Convention Center in Manhattan. The event attracts more than 800 media and OEM auto executives each year and is followed by two days of new vehicle introductions. charged with taking GM into a new era of vehicle design and technical innovation. Ammann is primarily responsible for the company’s regional operations around the world. He has stated in the media that his goal is to have a successful business driven by strong consumer demand that will result in more sales, jobs, and production in the United States. Ammann is part of the next generation of executives, led by CEO Mary Barra,

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HIGHLIGHTS

New Study Discredits CFPB’s Fair Credit Testing page 2

Annual Payday Forms Due page 3

tions into a world-class organization. An industry outsider, Ammann joined GM in April 2010 as Vice President of Finance and Treasurer, coming from an investment banking career at Morgan Stanley. His first assignment was to manage GM’s initial public offering.

GNYADA Derails Legislation page 5

FTC Takes Action Against Two Auto Dealer Chains page 6

Previously, as Executive Vice President and CFO, he transformed GM’s finance opera-

Secure Your Surety Bonds page 8

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The Newsletter • December 2014 1

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