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Luxe N.C. Dealerships Change Hands
A collection of Italian and English brand franchises were handed off to the owner’s friend in the business and include the Carolinas’ only Ferrari retail stores.
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SEARCHMENUSEARCHA collection of Italian and English brand franchises were handed off to the owner’s friend in the business and include the Carolinas’ only Ferrari retail stores.
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General Motors Co has lost its bid to dismiss a lawsuit accusing the automaker of concealing critical evidence about a faulty ignition switch linked to the death of a Georgia woman in 2010, reported Reuters. During a hearing on Saturday, Cobb County State Court Judge Kathryn Tanksley denied GM’s motion to dismiss the new lawsuit ... Read More »
Read More →In its first eight days, General Motors Co.’s compensation program has received about 120 claims, more than half of which involved deaths allegedly linked to GM cars that were recalled earlier this year to fix an ignition-switch defect, reported The Wall Street Journal. Kenneth Feinberg, the lawyer hired by GM to oversee the program, said ... Read More »
Read More →Volkswagen AG said on Saturday it is recalling 189,490 Tiguan small sport utility vehicles in North America for potential stalling issues, reported Reuters. The German automaker said gas bubbles may form in the fuel system in the affected vehicles from model years 2009 through 2014 when winterized fuel with high vapor pressures is used in ... Read More »
Read More →DALLAS, Texas — In an August 7 filing with the Securities and Exchange Commission, Santander Consumer USA revealed that the U.S. Department of Justice (DOJ) has issued a subpoena to the finance source, requesting documents related to subprime auto loans. Citing the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA), the DOJ requested ... Read More »
Read More →NEW YORK — City officials are cracking down on the sale of used cars that have been recalled but not repaired. Now, dealers in the city that sold unrepaired recalled vehicles must notify the vehicles’ owners and perform the necessary repairs, The New York Times reports. In July, city officials sent subpoenas to 200 dealerships ... Read More »
Read More →INDEPENDENCE, Mo. — The owner of Edge Auto Sales, an auto dealership with locations in Blue Springs and Independence, was sentenced to 15 years in prison for multiple felony convictions related to an extensive identify theft scheme he ran out of his dealerships. Morrow acquired personal identifying information about his victims through their applications for ... Read More »
Read More →SOUTHLAKE, Texas – Intersection Technologies Inc. – F&I Express® has added American Guardian Warranty Services (AGWS) to its aftermarket F&I eContracting platform. AGWS is an innovative provider of administration services for dealers and marketers offering vehicle service agreements, limited warranties and a variety of environmental and aftermarket products across the United States. Formed in 1998, ... Read More »
Read More →COLLEYVILLE, Texas – The Association of Finance & Insurance Professionals (AFIP) is offering Industry Summit attendees a $100 discount if they register for the pre-Summit certification Boot Camp by August 15. The two-day intensive training session, slated for Sunday, Sept. 7, and Monday, Sept. 8, at the Paris Las Vegas Hotel, will culminate in the ... Read More »
Read More →NAPA, Calif. – AUL Corp., America’s largest national provider of used vehicle service contracts, has been awarded Gold in the Service Contract Provider category for the 2014 Dealers’ Choice Awards by Auto Dealer Monthly magazine. “It is a tremendous honor to receive this award. It speaks to the high level of service we strive to ... Read More »
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