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DETROIT – The number of approved death compensation claims related to a recall of a faulty General Motors ignition switch has risen to 42, reported MLive. The claims were approved by a fund set up by GM to compensate victims of a defective part in mid-to-late-2000s model cars that has led to a massive recall ... Read More »
Read More →ATLANTA and WALTHAM, Mass. — DealerRater, the car dealer review website for consumers, announced today it has partnered with AutoTrader.com to bring dealership reviews to the car shopping website. AutoTrader.com attracts over 18 million unique visitors each month to more than four million car listings. This new integration enables car shoppers who visit AutoTrader.com to ... Read More »
Read More →WASHIINGTON — Two dealer groups targeted by the Federal Trade Commission two years ago for deceptive advertising are in trouble again, the agency announced today. The two retail chains, which operate more than a dozen stores in five states, were charged with violating the administrative orders prohibiting them from deceptively advertising the cost of buying ... Read More »
Read More →ATLANTA — Manheim announced this week that it has been selected by DriveTime as an exclusive remarketing partner along with Go Auto Exchange. This first-ever partnership makes Manheim and Go Auto Exchange DriveTime’s primary source for remarketing wholesale inventory through its physical locations, mobile auctions and online. DriveTime operates 122 stores in 47 markets. “Through ... Read More »
Read More →MINNEAPOLIS, Minn. — The U.S. District Court ruled in favor of the owner of a Minnesota car dealership who challenged the federal mandate to provide contraceptive coverage to his employees. Because of his faith-based objections, Hastings Automotive owner Doug Erickson is no longer required to provide coverage. “I am grateful that the court’s ruling today ... Read More »
Read More →Chrysler Group is expanding its U.S. recall of older-model vehicles with Takata Corp passenger-side air bags, adding a second inflator design to the recall and more affected regions, reported Reuters. Chrysler, a unit of Fiat Chrysler Automobiles, said in a statement late Thursday that it was recalling 208,783 vehicles by adding the second inflator family ... Read More »
Read More →The Senate is nearing an agreement to confirm the next head of the National Highway Traffic Safety Administration, reported The Detroit News. National Transportation Safety board member Mark Rosekind’s nomination was “hotlined” Friday — an informal request to members of the Senate to agree to allow a nomination or resolution to be approved by the ... Read More »
Read More →Ford Motor Co. named former U.S. Federal Communications Commission chairman William Kennard to its board, adding someone with Washington experience as the auto industry faces increased regulatory scrutiny amid mounting recalls, reported Bloomberg. Kennard, 57, will succeed director Homer Neal, who has reached mandatory retirement age, Dearborn, Michigan-based Ford said in a statement today. Kennard, ... Read More »
Read More →WASHINGTON – A new study by the research firm Charles River Associates (CRA) casts doubts on recent allegations made by the Consumer Financial Protection Bureau (CFPB) against Toyota Motor Credit Corp. and American Honda Finance Corp. concerning disparate impact in the pricing of auto loans, reported the NADA. Among the CRA study’s key findings was ... Read More »
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