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Categories: Compliance
Mass. Dealer Agrees to Nearly $1M Settlement

The Boston-area AutoMax group has agreed to a $925,000 settlement after facing accusations of misrepresenting vehicles, warranty and service contract...

https://www.fi-magazine.com/359632/mass-dealer-agrees-to-nearly-1m-settlement
Categories: Compliance, Industry
GM Accuses FCA of Bribery, Corruption in RICO Suit

General Motors has sued Fiat Chrysler in federal court, alleging FCA bribed United Auto Workers officials to secure concessions that included an undue share...

https://www.autodealertodaymagazine.com/359551/gm-accuses-fca-of-bribery-corruption-in-rico-suit
Categories: Auto Finance, Dealer Ops, Industry
Auto Loan and Lease Activity Slows as Balances Grow

Equifax analysts say U.S. auto loan and lease originations declined 0.6% and 3.9% year-over-year in the first half of 2019, but balances for new vehicle...

https://www.fi-magazine.com/359528/auto-loan-and-lease-activity-slows-as-balances-grow
Easy Answers to Award-Winning Questions

The annual Dealers’ Choice Awards program generates excitement and pride among dealers and vendors — and not a little confusion. The editor breaks down the...

https://www.autodealertodaymagazine.com/359426/easy-answers-to-award-winning-questions
EVs Cost Even More Than You Think

Mergers and alliances among factories are proliferating as the demand for mass-market electric vehicles increases and the cost to build them makes...

https://www.fi-magazine.com/359459/evs-cost-even-more-than-you-think
Categories: Dealer Ops, Industry, Showroom
Bloomberg: FCA Banking Unordered Vehicles, Pressuring Dealers

A Bloomberg report accuses Fiat Chrysler of creating a ‘sales bank’ of up to 40,000 new vehicles, reviving an old practice that could stoke tension among...

https://www.autodealertodaymagazine.com/359486/bloomberg-fca-banking-unordered-vehicles-pressuring-dealers
Categories: Compliance, Industry, Showroom
Chrysler Dealers to Appeal Claims Court Loss

An attorney representing hundreds of former Chrysler franchisees in a $1 billion lawsuit against the federal government plans to file an appeal that could...

https://www.autodealertodaymagazine.com/359474/chrysler-dealers-to-appeal-claims-court-loss
Categories: Compliance, Dealer Ops, Digital, F&I, Showroom
Louisiana Dealers Do Business Face-to-Face

Louisiana Automobile Dealers Association President Will Green believes the dealers in his state succeed by putting their customers and communities first and...

https://www.autodealertodaymagazine.com/359423/louisiana-dealers-do-business-face-to-face
Categories: Used Vehicle Values
October Sales Point Toward 17M SAAR in 2019

The seasonally adjusted annualized rate of U.S. new vehicle sales could exceed 17 million units for the fifth straight year, a surprise for many, as...

https://www.vehicleremarket.com/344143/october-sales-point-toward-17m-saar-in-2019
Categories: Dealer Ops, Industry, Showroom
October Sales: SAAR Could Hit 17M for 5th Straight Year

The latest report shows U.S. new car dealers are on pace for yet another 17 million-unit year, led by gains at Japanese and Korean factories, increased...

https://www.autodealertodaymagazine.com/359344/october-sales-saar-could-hit-17m-for-5th-straight-year


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