2 FTC commissioners call dealership discrimination claim by agency an overreach
The Coulter Motor Co. case saw further debate among the Federal Trade Commission over the validity of the agency bringing discrimination claims using the FTC Act's unfair practices language......»»
AI exhibits racial bias in mortgage underwriting decisions, researchers find
Putting AI to use in mortgage lending decisions could lead to discrimination against Black applicants, according to new research. But researchers say there may be a surprisingly simple solution to mitigate this potential bias......»»
Service tip: Use each customer"s data during phone calls to ensure meaningful engagement
Service-to-sales phone calls are a crucial touchpoint in any dealership's customer engagement strategy, says Kurt Philippsen, dealer relations manager at automotiveMastermind......»»
2 FTC commissioners call dealership discrimination claim by agency an overreach
The Coulter Motor Co. case saw further debate among the Federal Trade Commission over the validity of the agency bringing discrimination claims using the FTC Act's unfair practices language......»»
Astronomers discover spectacular increase in the deuterium to hydrogen ratio in Venus"s atmosphere
Thanks to observations by the Solar Occultation in the Infrared (SOIR) instrument on the Venus Express space probe of the European Space Agency (ESA), researchers have discovered an unexpected increase in the abundances of two water molecule variants.....»»
Five years later, the Apple Card is a huge but controversial success
On August 20, 2019, Apple officially launched Apple Card with any US citizen able to apply. Since then it's been a hit, but it's faced controversy over everything from low reward rates to alleged sex discrimination — and Apple's partner wanting to.....»»
Self-dealing has a long history on crypto exchanges: Researchers investigate "wash trading"
In 2019, the American tech trading company Bitwise presented to the SEC that an astounding 95% of cryptocurrency exchanges were fake. This claim may be credited to a type of market manipulation called "wash trading," which involves inflating trading.....»»
CDK Global to pay $100 million to settle dealership antitrust suit
The proposed settlement, which requires a judge's approval, avoids a planned September trial. It does not affect other pending litigation against CDK......»»
Last call: Apple"s 1TB iPad Pro 13-inch dips to new record low price at $200 off
A record-breaking discount is available exclusively for AppleInsider readers, with the premium 2024 M4 iPad Pro 13-inch with 1TB storage now $200 off.The lowest price on record for the well-equipped model is available only at AppleInsider when you sh.....»»
Average dealership pretax profit slipped 33% in the first half of 2024, report says
The report from Presidio Group and NCM Associates also found the typical dealership hasn't reduced expenses quickly enough amid profitability declines......»»
Foxconn chief dodges accusation of discrimination in India hiring practices
Following reports of married women being specifically excluded from jobs at Foxconn's India iPhone facilities, the company's chairman has said that the company does have married women as employees — but didn't specifically dispute accusations over.....»»
Activision shuts down Modern Warfare 2 multiplayer mod one day before launch
A mod set to recreate Call of Duty's Modern Warfare 2 multiplayer was canceled the day before launch......»»
Coulter Motor Co. settles vehicle pricing add-ons case with FTC, Arizona for $2.6 million
The owner of dealerships Coulter Cadillac Tempe and Coulter Buick GMC Tempe and a former general manager of the stores have agreed to pay a combined $2.6 million to settle allegations of bait-and-switch advertising, price discrimination and improper.....»»
Asbury Automotive sells Chevy store, Escude Automotive buys two S.C. stores
Publicly held Asbury Automotive Group sold another dealership, while Anderson Automotive Group also shed two stores......»»
FTC files administrative complaint against Asbury, alleges payment packing, discrimination in Texas
The Federal Trade Commission has filed an administrative complaint against Asbury Automotive Group, alleging payment packing, adding F&I products without consumer knowledge and charging Black and Latino customers more than white ones......»»
Why dealership volumes at auctions are ‘No. 1 concern"
The role of AI and the potential impact of the presidential election also were among topics discussed by National Auto Auction Association leadership at Manheim Detroit......»»
Artists claim “big” win in copyright suit fighting AI image generators
Artists prepare to take on AI image generators as copyright suit proceeds Enlarge (credit: R_Type | iStock / Getty Images Plus) Artists defending a class-action lawsuit are claiming a major win this week in their fight t.....»»
Holman invests in FM Capital; both will boost auto tech deals
Holman is a conglomerate that owns a alrge dealership group and its own venture capital arm......»»
Municipal politicians claim to be ideological moderates. Is it true?
Municipal politicians often argue that local government is the part of the political world where things actually get done. Other levels of government might be plagued by partisan factionalism and ideological radicalism, they like to say, but municipa.....»»
NHTSA closes preliminary evaluation of front suspension failure in Tesla vehicles
Safety agency said it closed the investigation as no instance showed that a failure of the part prevented the ability to control the vehicle in testing and reported instances of failure......»»
Google jabs at Apple during Pixel event included a ridiculous claim
Google yesterday held its annual hardware event, announcing new Pixel smartphones, Pixel Watch, and Pixel Buds. The company took a few jabs at Apple along the way, attacking it on both hardware and AI fronts, including one claim which should win a.....»»