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The digitization of the auto retail and finance industry has helped level the playing field for dealers who are willing to invest in new tools — no matter...
https://www.fi-magazine.com/359439/8-ways-small-dealers-can-compete-with-big-franchises
Convinced he was framed for financial crimes in Japan, former Nissan chief Carlos Ghosn somehow slipped past surveillance and fled to his home in Lebanon.
https://www.fi-magazine.com/359847/ghosn-skips-bail-escapes-to-lebanon
A number of U.S. auto dealers and dealership sales and F&I personnel were the victims or alleged perpetrators in several major fraud cases this year.
https://www.fi-magazine.com/359842/top-10-fraud-stories-of-2019
The Wall Street Journal reports the U.S. Securities and Exchange Commission is investigating accusations that BMW conspired with American dealers to inflate...
https://www.fi-magazine.com/359833/wsj-sec-probing-bmw-sales-reports
The long, car-heavy list of vehicles set to depart the new vehicle market in 2020 includes the venerable Chevrolet Impala, which has been in noncontinuous...
https://www.fi-magazine.com/359801/impala-leads-list-of-discontinued-u-s-vehicles
New research from AAA finds drivers who are experienced and comfortable with advanced driver assistance systems are nearly twice as likely to drive distracted.
https://www.fi-magazine.com/359788/report-driver-assistance-systems-cause-distracted-driving
The National Automobile Dealers Association estimates U.S. new vehicle sales will fall to 16.8 million units as internal and external forces reshape the...
https://www.fi-magazine.com/359791/nada-predicts-1-2-decline-in-2020-new-car-sales
The federal spending bill being negotiated by House and Senate leaders is not likely to include an extension of the $7,500 tax credit for buyers of electric...
https://www.fi-magazine.com/359780/democrats-signal-defeat-on-ev-tax-credit
Kerrigan Advisors’ latest Blue Sky Report finds the pace of U.S. dealership buy/sell activity quickened in the third quarter and could accelerate further in...
https://www.fi-magazine.com/359773/sense-of-urgency-pervades-q3-dealership-acquisitions
Asbury Automotive has agreed to acquire the Park Place group of dealerships, adding 17 Texas rooftops and raising Asbury’s highline revenue to approximately...
https://www.fi-magazine.com/359740/asbury-acquires-park-place-in-1b-deal