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Categories: Auto Finance, Dealer Ops, Industry
Industry Leader Lee Iacocca Dead at 94

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.autodealertodaymagazine.com/357400/industry-leader-lee-iacocca-dead-at-94
Categories: Dealer Ops, Showroom
Ford Ends Ala. Dealer’s Gun Giveaway

Ford Motor Co. has put a stop to Chatom (Ala.) Ford’s ‘God, guns, and freedom’ campaign following a shooting at a California dealership that left two...

https://www.autodealertodaymagazine.com/357378/ford-ends-ala-dealers-gun-giveaway
Categories: Auto Finance, Compliance, Dealer Ops
FTC: DealerBuilt Hack Affected 130 Dealerships

A 2016 cyberattack laid bare the personally identifiable information of about 12.5 million customers of 130 U.S. dealerships, according to a Federal Trade...

https://www.autodealertodaymagazine.com/357173/ftc-dealerbuilt-hack-affected-130-dealerships
Categories: Compliance, Dealer Ops, Industry, Showroom
Texas Law Creates Loophole for Berkshire Hathaway Dealerships

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.autodealertodaymagazine.com/357146/texas-law-creates-loophole-for-berkshire-hathaway-dealerships
Categories: Compliance
Dealer Extortion Attempt Ends With Arrest

A Florida man was arrested after police say he attempted to use lost sales records to extort the owner of Jon Hall Chevrolet of Daytona Beach for $50,000...

https://www.autodealertodaymagazine.com/357119/dealer-extortion-attempt-ends-with-arrest
Categories: Dealer Ops, Industry, Showroom
FCA Blames French State for Failed Renault Merger

Fiat Chrysler has backed out of a proposed merger with Renault, blaming ‘political conditions’ in France, whose government owns a 15% share of Renault. A...

https://www.autodealertodaymagazine.com/357072/fca-blames-french-state-for-failed-renault-merger
Categories: Dealer Ops, Industry, Showroom
SAAR Returns to 17M on Stronger May Sales

U.S. dealers sold slightly fewer new vehicles last month than in May of 2018, but the annual forecast increased to 17.4 million units — thanks in no small...

https://www.autodealertodaymagazine.com/357035/saar-returns-to-17m-on-stronger-may-sales
Categories: Compliance
Fake Dealer Gets 5 Years for Fraud, Drugs

Gene Earl Easterling will serve 63 months in federal prison on bank fraud, mail fraud, and drug charges following an investigation that determined he posed...

https://www.autodealertodaymagazine.com/357023/fake-dealer-gets-5-years-for-fraud-drugs
Categories: Dealer Ops, Industry, Showroom
IHS: EVs Will Reach 7.6% Market Share in 2026

IHS Markit analysts say electric vehicles will account for 7.6% of all new vehicles sold in the United States in 2026, predicting ‘explosive’ growth in a...

https://www.autodealertodaymagazine.com/356986/ihs-evs-will-reach-7-6-market-share-in-2026
Categories: Dealer Ops, Industry, Showroom
FCA Proposes Merger With Renault

The chairman of Fiat Chrysler Automobiles is pushing a proposal that would merge the Italian-American carmaker with France’s Renault, creating the world’s...

https://www.autodealertodaymagazine.com/356957/fca-proposes-merger-with-renault


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