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Newsby StaffSeptember 2, 2019

EEOC Hits Dealer With Gender Discrimination Suit

Champion Chevrolet of Reno, Nev., has been sued by the federal Equal Employment Opportunity Commission. The lawsuit follows a complaint filed by a female salesperson who says she was bullied out of a job.

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Newsby StaffAugust 29, 2019

Manheim Adds Inventory Suggestions to Market Report

Manheim Market Report now includes personalized vehicle inventory suggestions, a new feature designed to help dealers quickly find the right vehicle at the right price.

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Newsby Tariq KamalAugust 29, 2019

Mazda Turns to Toyota for Captive Financing

Toyota Motor Credit will offer loans, leases, and F&I products to Mazda’s U.S. dealers and customers, replacing the JPMorgan Chase-backed Mazda Capital Services as the factory’s captive finance company.

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Newsby Tariq KamalAugust 28, 2019

Volvo Adds Dealer Inventory to Subscription Program

Volvo dealers will soon be allowed to pull new vehicles off their lots and into the Care by Volvo sub service, a significant change that leads a list of reported revisions to the embattled program.

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Newsby StaffAugust 26, 2019

Ally: Soaring Costs Make Case for Service Contracts

An Ally/Harris survey of U.S. consumers found only 21% had purchased a vehicle service contract, propelling their average five-year maintenance and repair costs to nearly $2,000.

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Newsby StaffAugust 22, 2019

Feds: Fake FinCo Scored 80 Auto Loans Worth $1.7M

Six operators of a nonexistent auto finance company have been sentenced to federal prison or probation for fraudulently obtaining $1.7 million worth of loans from banks and credit unions.

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Newsby StaffAugust 22, 2019

EFG’s Burrow Publishes ‘Chasing Bentleys’

Former dealership manager and current EFG Companies executive Melissa Burrow has published ‘Chasing Bentleys: The Power of Accountability in Achieving Your Goals.’

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Newsby Tariq KamalAugust 21, 2019

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 shuttering of the dealership.

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Newsby StaffAugust 21, 2019

Beverly Hills BMW Sold in Recordbreaking Deal

The four-acre, 93,000-square-foot Beverly Hills BMW has been sold for $70 million, an amount billed as the highest ever paid to acquire a Los Angeles auto dealership.

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Newsby StaffAugust 20, 2019

SMART Payment Plan Adds 30 New Markets

Matching payments program provider SMART Payment Plan is seeking agents to represent the company in 30 new U.S. markets.

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