Dodge dealership to pay $935K in EEOC discrimination claim
Christopher's Dodge Ram in Colorado agrees to a $935,000 payment related to a gender discrimination claim brought by the U.S. Equal Employment Opportunity Commission......»»
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......»»
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.....»»
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.....»»
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.....»»
Spotify crows about Apple being forced to show alternative pricing
The EU's anti-steering measures mean Apple must now let developers tell users of prices available outside of the App Store, and it's a good thing — but maybe not the victory for democracy that Spotify is trying to claim.Spotify logoSpotify has cons.....»»
Dodge Charger EV shuns silence to build battery-powered muscle
The artificial exhaust note of the Charger Daytona is part of Dodge's effort to convince fans of Hellcats, Scat Packs and Demons to try its EVs......»»
Nissan dealership profits tank amid U.S. sales struggles
The average Nissan dealership earned 70 percent less in the first half of the year than in 2023, with more than a third of stores losing money, according to data obtained by Automotive News......»»
Dealership not on the hook for customer"s repairs done at independent shop, tribunal rules
A British Columbia dealership group isn't obligated to cover the parts, labor and towing costs for a service customer who had repairs done at an independent shop, the province's Civil Resolution Tribunal has ruled......»»
Kia-Hyundai anti-theft fix is working after years of viral video exposure, study finds
A study by the Highway Loss Data Institute find that a software device developed by the companies to prevent vehicle theft dropped claim rates by 53 percent......»»
Dealership yanks Utah State coaches" free cars
Murdock Auto Team ended its sponsorship of Utah State athletics after the school fired its head football coach and others in connection with a domestic violence case......»»
3-store dealership group Pillar streamlines accounts receivable with software
Shifting to a software-based process helped the small Ohio and Pennsylvania car dealership group Pillar Automotive streamline accounting staff and strengthen oversight......»»