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Franchised dealers in five states can now opt into Cadillac Live, a new sales platform that connects car shoppers with remote agents for real-time online...
https://www.fi-magazine.com/359713/digital-cadillac-sales-platform-makes-u-s-debut
A joint statement from the nation’s biggest banking regulators expressed cautious optimism toward emerging decisioning models that could generate more auto...
https://www.fi-magazine.com/359674/regulators-appear-to-endorse-alternative-credit-scoring
All but a few Asian and highline factories reported double-digit gains in U.S. sales last month, priming the industry for a big December and a fifth...
https://www.fi-magazine.com/359669/november-sales-report-pushes-2019-total-closer-to-17m
An attorney for indicted Pennsylvania dealer and former association head Andy Gabler has filed a motion accusing prosecutors of failing to document...
https://www.fi-magazine.com/359606/gabler-attorney-questions-prosecution-evidence
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
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.fi-magazine.com/359551/gm-accuses-fca-of-bribery-corruption-in-rico-suit
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
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
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.fi-magazine.com/359486/bloomberg-fca-banking-unordered-vehicles-pressuring-dealers
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.fi-magazine.com/359474/chrysler-dealers-to-appeal-claims-court-loss