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Newsby Tariq KamalNovember 23, 2018

Calif. Dealers Resist Lincoln Facility Rules

The California New Car Dealers Association is pushing back against factory policies threatening financial penalties for failing to build standalone Lincoln stores.

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Newsby Tariq KamalNovember 21, 2018

Santander Settles CFPB Charges for $11.8M

Santander Consumer USA has agreed to pay $9.29 million in restitution and $2.5 million in fines to settle claims leveled by the U.S. Consumer Financial Protection Bureau over the finance source’s GAP and interest-only payments programs.

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Newsby StaffNovember 21, 2018

Bobit Business Media Sold to Private Equity Firm

Gemspring Capital has acquired Bobit Business Media, home of Agent Entrepreneur, Auto Dealer Today, F&I and Showroom, and P&A magazines.

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Newsby StaffNovember 19, 2018

Black Book: Resale Values Settle Into Seasonal Decline

Used-vehicle values fell by an average of 1.9% in October, the largest decline since January but on course with seasonal patterns, according to the latest report from Black Book.

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ArticlesNovember 19, 2018

Dealers Will Feel the Impact of Tax Reform

Learn how new rules introduced by the Trump administration’s Tax Cuts and Jobs Act will affect interest expenses and depreciation deductions for U.S. auto dealers.

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Newsby Tariq KamalNovember 19, 2018

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 income in official stock market filings.

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Newsby Tariq KamalNovember 15, 2018

Ford CEO: OEMs Have Edge in Data Monetization

Ford’s Jim Hackett touched on big data, trade wars, and ‘self-driving systems’ in a wide-ranging interview with Freakonomics Radio host Stephen Dubner.

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Newsby StaffNovember 15, 2018

Coalition Forms to Spark EV Tax Credit

The EV Drive Coalition will lobby Congress to ‘reform and recharge’ the federal electric vehicle tax credit.

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ArticlesNovember 15, 2018

Opinion: GM’s New Warranty May Hurt, Not Help, Dealers

General Motors’ extended bumper-to-bumper warranty would appear to benefit all sides, but dealers should consider alternatives to maximize profits — and control.

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Articlesby Gil Van OverNovember 14, 2018

Who's the Compliance Cop?

Agents can and should play a key role in keeping dealers out of the regulatory crosshairs, but enforcement should be left to legal and compliance experts.

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