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Categories: Compliance, Dealer Ops, Fixed Ops, Industry, Showroom
Calif. Dealer Wins $15.8M in Toyota Lawsuit

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.fi-magazine.com/357507/calif-dealer-wins-15-8-in-toyota-lawsuit
Categories: Dealer Ops, Showroom
A Little More Auction: Elvis-Owned Lincoln, Harley, GMC for Sale

Elvis Presley’s 1973 Lincoln Continental stretch limo, 1976 Harley-Davidson Electra Glide, and 1967 GMC pickup will be on the block at Kruse GWS Auctions’...

https://www.fi-magazine.com/357480/a-little-more-auction-elvis-owned-lincoln-harley-gmc-for-sale
Categories: Dealer Ops, Industry, Showroom
Report: Slow Sales Aside, Auto Groups Outperform Market

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.fi-magazine.com/357442/report-slow-sales-aside-auto-groups-outperform-market
Categories: Compliance
Feds: Texas Dealership Fronted Gambling Enterprise

Three members of the Tillery family of Beaumont, Texas, have admitted to operating a gambling and money laundering ring fronted by their buy here, pay here...

https://www.fi-magazine.com/357406/feds-texas-dealership-fronted-gambling-enterprise
Categories: Dealer Ops, Industry, Showroom
SAAR Holds at 17M as June Sales Slip

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.fi-magazine.com/357396/saar-holds-at-17m-as-june-sales-slip
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.fi-magazine.com/357400/industry-leader-lee-iacocca-dead-at-94
Will Data Put an End to Powerbooking?

A new-to-market, data-driven solution has reignited the discussion over intentional vehicle overvaluation, a form of bank fraud that remains prevalent...

https://www.fi-magazine.com/357354/will-data-put-an-end-to-powerbooking
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.fi-magazine.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.fi-magazine.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.fi-magazine.com/357146/texas-law-creates-loophole-for-berkshire-hathaway-dealerships


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