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The regulator said the three companies agreed to settle its charges that they failed to disclose that some certified pre-owned vehicles were subject to open...
https://www.fi-magazine.com/322134/gm-jim-koons-and-lithia-settle-ftcs-complaints-regarding-cpo-claimsFueled by domestic brands and the sale of trucks and SUVs, the average price for a new vehicle in June increased 2% from a year to $33,652, according to...
https://www.fi-magazine.com/322457/kbb-average-transaction-price-rises-in-juneGeneral Motors responded on Friday to legal concerns raised in a Feb. 8 letter from the California New Car Dealers Association. The automaker said it is not...
https://www.fi-magazine.com/322184/california-dealers-question-legality-of-gms-online-sales-portalKia ended the 27-year reign of premium brands by ranking highest among all nameplates in J.D. Power’s annual study. Overall, new-vehicle quality improved...
https://www.fi-magazine.com/322438/j-d-power-initial-quality-shows-largest-improvement-in-seven-yearsNew-vehicle sales for 2015 totaled 17.5 million units, with the industry closing out the year with December sales of 1.6 million units, according to...
https://www.fi-magazine.com/322097/2015-new-vehicle-sales-reaches-17-5-million-unitsGeneral Motors should gain market share by replacing 88% of its light-duty lineup by 2020, while Volkswagen and Korean automakers are relying too heavily on...
https://www.fi-magazine.com/322343/gm-replacing-88-of-lineup-by-2020GM Financial's transformation from subprime finance source to GM's captive finance company continued in the second quarter, with GM new-vehicle loans and...
https://www.fi-magazine.com/321811/gm-financials-penetration-of-gm-retail-sales-grows-globally-in-q2The General Motors Board of Directors has unanimously elected Mary Barra as its next chairman, effective immediately. She succeeds Theodore Solso, who will...
https://www.fi-magazine.com/322086/mary-barra-named-new-chairman-of-gmChevrolet-Buick-GMC and Cadillac Protection is now onboarding and training GM’s U.S. dealers on MaximTrak’s Digital F&I Retailing Suite, which consists of...
https://www.fi-magazine.com/323353/gms-protection-coverage-group-selects-maximtraks-digital-fi-solutionsGeneral Motors Co. has named Tony Francavilla as vice president of global quality, according to a company announcement. In this role, he will be responsible...
https://www.fi-magazine.com/322411/general-motors-names-new-vice-president-of-global-quality