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The U.S. Department of Justice announced Nissan Motor Acceptance will pay $3 million to settle charges that it unlawfully repossessed 113 vehicles belonging...
https://www.agent-entrepreneur.com/357772/doj-settles-nissan-captive-case-for-3m
July deliveries increased 1.3% in the first monthly U.S. new-vehicle sales report to include none of the Detroit 3 automakers, but the seasonally adjusted...
https://www.agent-entrepreneur.com/357726/saar-dips-to-16-6m-in-watershed-sales-report
The nation’s six largest publicly traded dealer groups all increased F&I profit per vehicle retailed in the second quarter, led by AutoNation’s $1,926 per...
https://www.agent-entrepreneur.com/357717/autonation-nears-2-000-pvr-as-big-groups-grow-fi
Facing new global realities and pressure on multiple fronts, the Federal Reserve cut interest rates for the first time in more than a decade in an attempt...
https://www.agent-entrepreneur.com/357714/cornered-fed-announces-first-rate-cut-since-2008
The starting prices for the Model X SUV and Model S sedan went up nearly $5,000 overnight following the abrupt deletion of their ‘standard range’ variants...
https://www.agent-entrepreneur.com/357519/price-hike-tesla-drops-base-models
An Orange County jury found in favor of Toyota dealer Roger Hogan, who sued the factory for fraud and breach of contract amid claims the manufacturer...
https://www.agent-entrepreneur.com/357507/calif-dealer-wins-15-8-in-toyota-lawsuit
Kerrigan Advisors analysts say the stock prices for America’s seven publicly traded dealership groups are outpacing the broader U.S. equity markets and...
https://www.agent-entrepreneur.com/357442/report-slow-sales-aside-auto-groups-outperform-market
U.S. dealers sold 2.6% fewer new cars and light trucks in June than in the same month a year ago, but standout performances in key segments kept the...
https://www.agent-entrepreneur.com/357396/saar-holds-at-17m-as-june-sales-slip
Famed auto executive and visionary Lee Iacocca has died, leaving a legacy of leadership, ingenuity, and a no-nonsense approach to the design, sale, and...
https://www.agent-entrepreneur.com/357400/industry-leader-lee-iacocca-dead-at-94
Gov. Greg Abbott has signed a bill that clears the way for Berkshire Hathaway Inc. to sell cars in Texas while manufacturing RVs in Indiana, resolving an...
https://www.agent-entrepreneur.com/357146/texas-law-creates-loophole-for-berkshire-hathaway-dealerships