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Categories: Compliance, Dealer Ops, Industry, Showroom
Ghosn Skips Bail, Escapes to Lebanon

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
Categories: Compliance, Dealer Ops, Showroom
WSJ: SEC Probing BMW Sales Reports

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
Categories: Auto Finance, Compliance, Dealer Ops
Police: Fla. Dealer Couple Faked 35 Sales Contracts

A Florida Highway Patrol investigation led to the arrests of husband and wife dealers accused of submitting at least 35 phantom RISCs for purchase by an...

https://www.fi-magazine.com/359814/police-fla-dealer-couple-faked-35-sales-contracts
Categories: Compliance
Gabler Attorney Questions Prosecution Evidence

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
Categories: Compliance, Industry
GM Accuses FCA of Bribery, Corruption in RICO Suit

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
Categories: Compliance, Industry, Showroom
Chrysler Dealers to Appeal Claims Court Loss

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
Categories: Compliance, Dealer Ops, Digital, F&I, Showroom
Louisiana Dealers Do Business Face-to-Face

Louisiana Automobile Dealers Association President Will Green believes the dealers in his state succeed by putting their customers and communities first and...

https://www.fi-magazine.com/359423/louisiana-dealers-do-business-face-to-face
Categories: Compliance, Dealer Ops
Former GM Gets 4 Years, Owes $8M for Embezzlement

Amir Bakhtiari will spend 54 months in federal prison and faces deportation to Iran after pleading guilty to embezzling $6 million by paying phony...

https://www.fi-magazine.com/359327/former-gm-gets-4-years-owes-8m-for-embezzlement
Categories: Compliance, Fixed Ops, Industry, Showroom
Recall Sweep Targets AutoNation Dealerships

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.fi-magazine.com/359096/recall-sweep-targets-autonation-dealerships
Categories: Compliance, Dealer Ops, Fixed Ops, Industry, Showroom
Calif. Dealers Get Warranty Rate Hike, 10-Year Upgrade Intervals, CCPA Exemption

California Gov. Gavin Newsom has signed AB 179, enacting new dealer protections against below-market warranty reimbursement rates and OEM-ordered facility...

https://www.fi-magazine.com/359061/calif-dealers-get-warranty-rate-hike-10-year-upgrade-intervals-ccpa-exemption
Categories: Compliance, Dealer Ops, Industry, Showroom
Sources: Tesla Wants Back in Dealership Game, Seeks Loophole

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.fi-magazine.com/359045/sources-tesla-wants-back-in-dealership-game-seeks-loophole
Categories: Compliance, Fixed Ops, Showroom
Hyundai Claims Dealer Fraud Forced $5M in Repurchases

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.fi-magazine.com/358809/hyundai-claims-dealer-fraud-forced-5m-in-repurchases
Categories: Compliance, Dealer Ops, Showroom
Mystery Surrounds Seattle Dealership Closures

Five motorcycle dealerships owned by Microsoft executive Howard Crow were suddenly shuttered last week. Managers and staff have returned, without pay, to...

https://www.fi-magazine.com/358781/mystery-surrounds-seattle-dealership-closings
Categories: Compliance, Dealer Ops, Fixed Ops
Mazda Dealer Faces Termination Over Warranty Work

Mazda has attempted to cancel its franchise agreement with a Texas dealer for failing to complete Takata airbag recall orders. The matter will be decided in...

https://www.fi-magazine.com/357972/mazda-dealer-faces-termination-over-warranty-work
Categories: Auto Finance, Compliance, Dealer Ops, Industry
S.C. Dealer Sues Former GM, F&I Manager

Hoover Mitsubishi’s Mark Hoover has sued two former employees accused of doctoring auto loan applications, a scheme that led to an FBI raid and the...

https://www.fi-magazine.com/357942/s-c-dealer-sues-former-gm-fi-manager
Categories: Compliance, Dealer Ops, Fixed Ops
Va. Parts Manager Faces 20 Years for Embezzlement

A former dealership employee was accused of systematically scrapping nearly $250,000 worth of catalytic converters and selling them to a recycling center...

https://www.fi-magazine.com/357854/va-parts-manager-faces-20-years-for-embezzlement
Categories: Compliance
Fla. Chevrolet Dealership Agrees to Million-Dollar Settlement

The former owners of Jacksonville, Fla.’s Riverside Chevrolet will pay more than $1 million in restitution and fines to settle charges of failing to pay...

https://www.fi-magazine.com/357740/fla-chevrolet-dealership-agrees-to-million-dollar-settlement
Categories: Compliance
Father/Son Dealers Face Federal Fraud Charges

Mehdi and Saaed Moslem have been charged with tax and bank fraud after IRS and FBI investigators say they uncovered a scheme to hide — then inflate — income...

https://www.fi-magazine.com/357738/father-son-dealers-face-federal-fraud-charges
Categories: Compliance, Dealer Ops, Showroom
Dealer Sues Over Lexus Point Lost in 1989

Longtime Wichita, Kan., Toyota dealer Mike Steven has sued the factory’s luxury division, claiming more than $120 million in damages stemming from a...

https://www.fi-magazine.com/357632/dealer-sues-over-lexus-point-lost-in-1989
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: 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: 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
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.fi-magazine.com/357119/dealer-extortion-attempt-ends-with-arrest
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.fi-magazine.com/357023/fake-dealer-gets-5-years-for-fraud-drugs
Categories: Compliance, Industry
NC Dealer Refuses to Lower Giant American Flag

Camping World and Gander RV’s Marcus Lemonis says his dealership’s 40-by-80-foot American flag is a tribute to military veterans and that he will not take...

https://www.fi-magazine.com/356920/nc-dealer-refuses-to-lower-giant-american-flag
Categories: Compliance, Dealer Ops, Showroom
So You Think You Can Sell Supercars: The Things Lists 21 Rules

The Things’ Cory Barclay has created a list of rules for dealers interested in selling $200,000-plus vehicles, many revolving around factory-specific fine...

https://www.fi-magazine.com/356821/so-you-think-you-can-sell-supercars-the-things-lists-21-rules
Categories: Compliance, Dealer Ops, Showroom
Court Ruling Ends Tate’s Auto Comeback Bid

A bankruptcy court ruling allowing two captives to reclaim inventory has officially closed the doors on Tate’s Auto Group after more than 40 years in business.

https://www.fi-magazine.com/356735/court-ruling-ends-tates-auto-comeback-bid
Categories: Compliance, Dealer Ops, Industry, Showroom
Ford Faces Federal Emissions Probe

The U.S. Department of Justice has opened a criminal investigation into Ford Motor Co.’s emissions testing and certification processes, the factory revealed...

https://www.fi-magazine.com/356648/ford-faces-federal-emissions-probe
Categories: Compliance
CDK Moves to Preserve Dealer Counterclaims

CDK Global has filed an opposition brief in federal court, urging the judge in an ongoing lawsuit not to dismiss claims at least two dealers allowed...

https://www.fi-magazine.com/356617/cdk-moves-to-preserve-dealer-counterclaims
Categories: Compliance, Industry
Wisconsin to Accelerate Dealer Fraud Investigations

The Wisconsin legislature has passed a bill that would authorize the fast-tracking of auto retail fraud complaints and allow investigators to shutter...

https://www.fi-magazine.com/356487/wisconsin-to-accelerate-dealer-fraud-investigations
Categories: Compliance, Dealer Ops, Showroom
FCA Settles Dealer Antitrust Suit

Fiat Chrysler has settled a lawsuit brought by seven dealers who leveled charges of antitrust violations and breach of contract in federal court, claiming...

https://www.fi-magazine.com/356450/fca-settles-dealer-antitrust-suit
Categories: Compliance
Indiana AG Continues Crackdown on Dealer Mailers

Indiana Attorney General Curtis Hill has charged a Texas company with sending deceptively worded prize notification-style mailers to 2.1 million residents...

https://www.fi-magazine.com/356475/indiana-ag-continues-crackdown-on-dealer-mailers
Categories: Compliance, Dealer Ops, Showroom
NHTSA Formalizes Hyundai, Kia Fire Investigations

The National Highway Traffic Safety administration announced it will open twin probes into thousands of complaints of noncrash fires in Hyundai and Kia...

https://www.fi-magazine.com/356426/nhtsa-formalizes-hyundai-kia-fire-investigations
Categories: Compliance
Indiana AG Wins $88K Judgment Against BHPH Dealer

Indiana Attorney General Curtis Hill announced a former Indianapolis dealer will pay $55,000 in civil penalties and $33,536 in restitution for violations of...

https://www.fi-magazine.com/356411/indiana-ag-wins-88k-judgment-against-bhph-dealer
Categories: Compliance, Fixed Ops
Former Ark. Dealership Employee Arrested on Embezzlement, Fraud Charges

Janet Christine Stair is charged with concocting a service-ticket scheme that defrauded a Hot Springs Chrysler dealership of more than $17,000 and charged...

https://www.fi-magazine.com/356409/former-ark-dealership-employee-arrested-on-embezzlement-fraud-charges
Categories: Compliance, Dealer Ops
Texas Dealer Loses MBUSA Award in Stunning Reversal

The Supreme Court of Texas has reversed a lower court decision in favor of a Mercedes-Benz dealer who claimed the factory tricked him into purchasing a...

https://www.fi-magazine.com/356345/texas-dealer-loses-mbusa-award-in-stunning-reversal
Categories: Compliance
Jaguar Land Rover Wins China Copyright Case

Jiangling Motor must halt production of the Landwind X7, an SUV similar in appearance to the Land Rover Evoque, and pay compensation to Jaguar Land Rover...

https://www.fi-magazine.com/356329/jaguar-land-rover-wins-china-copyright-case
Categories: Compliance
Hyundai, Kia Face New Engine Fire Investigations

Pressure on Hyundai and Kia ramped up Monday with the launch of a multistate probe into fires involving the South Korean manufacturers’ Theta II engines and...

https://www.fi-magazine.com/356299/hyundai-kia-face-new-engine-fire-investigations
Categories: Compliance
Q&A: Car Fraud Puts Dealers on the Hook

Famed car fraud attorney Bruce Shaw says the courts show no mercy to dealers who resell counterfeit units and shares hard-won advice for spotting...

https://www.fi-magazine.com/356277/qa-car-fraud-puts-dealers-on-the-hook
Categories: Compliance, Industry
Seinfeld Sues Calif. Dealer

Jerry Seinfeld has sued European Collectibles of Costa Mesa, Calif., over the purchase of an ‘inauthentic’ 1958 Porsche Carrera.

https://www.fi-magazine.com/356112/seinfeld-sues-calif-dealer
Categories: Compliance, Dealer Ops, Industry, Showroom
Musk Taunts Dealers as Tesla Shutters Stores

Tesla CEO Elon Musk wished U.S. auto dealers 'Good luck' with mounting a legal challenge as the electric-vehicle manufacturer announced a sudden switch to...

https://www.fi-magazine.com/356098/musk-taunts-dealers-as-tesla-shutters-stores
Categories: Compliance
Ghosn Claims ‘Plot and Treason’ Led to Charges

Former factory alliance leader Carlos Ghosn says Nissan executives conspired to concoct false charges of financial crimes to unwind a potential merger with...

https://www.fi-magazine.com/355733/ghosn-claims-plot-and-treason-led-to-charges
Categories: Compliance, Industry
FCA Will Pay $700M to Settle Diesel Dispute

Fiat Chrysler Automobiles has agreed to pay at least $311 million in penalties and $280 million to settle lawsuits brought by the U.S. Department of...

https://www.fi-magazine.com/355490/fca-will-pay-700m-to-settle-diesel-dispute
Categories: Compliance, Fixed Ops, Industry
Whistleblower: Kia Ignoring True Cause of Vehicle Fires

A former Kia Motors America employee claims to have identified the probable cause of a series of noncollision vehicle fires and says his concerns were...

https://www.fi-magazine.com/355399/whistleblower-kia-ignoring-true-cause-of-vehicle-fires
Categories: Compliance, Industry
Ghosn, Nissan Indicted in Japan

Nissan and former executives Carlos Ghosn and Greg Kelly were formally indicted for violations of Japan’s financial instruments and exchange law.

https://www.fi-magazine.com/355266/ghosn-nissan-indicted-in-japan
Categories: Compliance, Industry
Ky. Dealer Cleared in Wrongful Death Case

The Kentucky Supreme Court ruled against a plaintiff seeking to hold Martin Dodge Chrysler Jeep vicariously liable for the death of a passenger in a sold...

https://www.fi-magazine.com/354072/ky-dealer-cleared-in-wrongful-death-case
Categories: Compliance, Dealer Ops, Industry
Ghosn Out at Nissan Following Arrest

Carlos Ghosn will be ousted as head of the Renault-Nissan-Mitsubishi Alliance and face criminal charges in Japan after being accused of underreporting...

https://www.fi-magazine.com/354030/ghosn-out-at-nissan-under-arrest
Categories: Compliance
Q&A: You Should Shred That

Document and device security expert Ann Nickolas believes auto dealers need a strict policy and process for handling, storing, and securing your customers’...

https://www.fi-magazine.com/353912/qa-you-should-shred-that


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