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The Federal Reserve has announced its third interest rate reduction since July, this time excluding language committing the central bank to action in...
https://www.autodealertodaymagazine.com/359319/fed-triggers-third-interest-rate-cut-of-2019
Bloomberg reports Fiat Chrysler and PSA Group, which includes the Peugeot, Opel, and Citroen brands, could announce a merger as soon as this week, a deal...
https://www.autodealertodaymagazine.com/359277/report-fca-and-psa-in-merger-talks
Ford Motor Credit has launched Ford Insure, a new program underwritten by Nationwide and designed to offer car buyers auto insurance at rates discounted by...
https://www.autodealertodaymagazine.com/359111/ford-credit-rolls-out-discount-car-insurance-program
The U.S. PIRG Education Fund issued a damning report after finding one in every nine used vehicles for sale at 28 AutoNation-owned locations in 12 states is...
https://www.autodealertodaymagazine.com/359096/recall-sweep-targets-autonation-dealerships
California Gov. Gavin Newsom has signed AB 179, enacting new dealer protections against below-market warranty reimbursement rates and OEM-ordered facility...
https://www.autodealertodaymagazine.com/359061/calif-dealers-get-warranty-rate-hike-10-year-upgrade-intervals-ccpa-exemption
Electrek reports Tesla CEO Elon Musk wants to open ‘Tesla Centers’ around the U.S., once again challenging rules against direct-to-consumer sales. Sources...
https://www.autodealertodaymagazine.com/359045/sources-tesla-wants-back-in-dealership-game-seeks-loophole
Four months after factory executives put a stop to a similar campaign at an Alabama dealership, Carolina Ford is offering a free rifle, American flag, and...
https://www.autodealertodaymagazine.com/358964/s-c-ford-dealer-revives-gun-giveaway-promotion
A jury deliberated for less than an hour before deciding Reagor Dykes’ Bart Reagor owes Ford Motor Credit Co. the full amount it demanded following an...
https://www.autodealertodaymagazine.com/358862/jury-orders-reagor-to-pay-ford-credit-53m
U.S. sales of new cars and light trucks fell 12% year-over-year in September, suppressed in part by a Labor Day weekend allotted to August. Few were spared...
https://www.autodealertodaymagazine.com/358845/detroit-japan-factories-suffer-in-short-september-sales-report
Hyundai North America has sued a Pennsylvania dealer for fraud, claiming he bilked the automaker for $5 million by buying up hundreds of used Sonatas and...
https://www.autodealertodaymagazine.com/358809/hyundai-claims-dealer-fraud-forced-5m-in-repurchases