Employee ordered to pay back nearly $50K to Chrysler-Dodge-Jeep-Ram dealership
Nicole Bradley tampered with financial records and used unauthorized funds from Erwin Chrysler-Dodge-Jeep in Troy, Ohio......»»
Ill. appeals court blocks floorplan collection amid fraud allegations
A floorplan lender remains blocked from attempting to collect about $2.8 million from an Illinois dealership and its owners in a dispute involving allegations the bank participated in a fraud scheme by store employees behind the dealers' backs......»»
Jeep on a mission to reverse U.S. slide under new CEO Antonio Filosa
Antonio Filosa, who succeeded Christian Meunier in November, said he sees Jeep recovering the volume it has lost since 2018 while doubling its global sales to 2 million......»»
Group 1 to acquire UK retail operations of Inchcape
Group 1 Automotive has agreed to buy U.K. dealership group Inchcape. The all-cash deal, announced Monday, is for $439 million and is expected to close in the third quarter......»»
Stellantis clashes with suppliers spill into court, shut down plants
The maker of the Jeep, Chrysler, Dodge and Ram brands has taken a hard line toward parts makers seeking inflationary cost relief, rolling out a “no more claims” policy earlier this year......»»
Group 1 to acquire UK group Inchcape
Group 1 Automotive has agreed to buy U.K. dealership group Inchcape. The all-cash deal, announced Monday, is for $439 million and is expected to close in the third quarter......»»
Stellantis clashes with suppliers, spilling into court and shutting down plants
The maker of Jeep, Chrysler, Dodge and Ram brands has taken a hard line toward parts makers seeking inflationary cost relief, rolling out a “no more claims” policy earlier this year......»»
Group 1 to acquire U.K. group Inchcape
Group 1 Automotive has agreed to buy U.K. dealership group Inchcape. The all-cash deal, announced Monday, is for $439 million. The deal is expected to close in the third quarter......»»
“Ban Chinese electric vehicles now,” demands US senator
China's EV industry benefits from billions of dollars in government subsidies. Enlarge / BYD electric cars stand at a BYD dealership on April 05, 2024, in Berlin, Germany. BYD, which stands for Build Your Dreams, is a Chinese man.....»»
Chevrolet, Toyota, Infiniti, Nissan and Hyundai dealerships change hands
Two transactions involved auto retailers ranked on Automotive News' list of the top 150 dealership groups based in the U.S......»»
Top 5 stories of the week: Stellantis job cuts; top 150 dealership groups
A quick look at the top automotive stories of the week......»»
Dealership group employee killed in shooting at Kia store in South Carolina
A pregnant woman was killed in a crash after the shooting as police looked for the suspect......»»
Dealer group employee killed in shooting at Kia store in South Carolina
A pregnant woman also was killed in a crash after the shooting as police looked for the suspect......»»
Concentric AI unveils employee offboarding risk monitoring and reporting module
Concentric AI announced its new employee offboarding risk monitoring and reporting module that delivers critical data detection and response capabilities to identify true risk to data and secure sensitive information when employees leave a company. C.....»»
Tekion works to prove DMS mettle in competitive year
The dealership management system upstart, founded by a former Tesla executive, has plenty to prove in what could be a crucial year for the company......»»
Buyer of $717K Ford GT files lawsuit saying previous damage not disclosed
A Florida dealer in collectible vehicles and a buyer have accused a Canadian dealership of failing to disclose the 2006 Ford GT Heritage Edition purchased for $716,800 had been seriously damaged in a crash and restored......»»
Elon Musk denies knowing who’s suing him to dodge defamation suit
Musk failed to keep his most recent deposition hidden from the public. Enlarge (credit: NurPhoto / Contributor | NurPhoto) After Elon Musk was accused of defaming Ben Brody—a 22-year-old Jewish man falsely linked to a.....»»
Jeep ‘tickled pink" over limited-run color option on 2024 Wrangler
Jeep has brought back Tuscadero pink as an option on the Wrangler that costs $895, more than double the price several years ago......»»
U.S. says SK Battery faces $77,200 in fines over employee health hazards
The U.S. Labor Department said on Monday that SK Battery America faces $77,200 in fines for five serious safety violations after workers in Georgia suffered potentially permanent respiratory damage in an October 2023 lithium battery fire......»»
Toyota dealership in Ariz. will pay $60,000 to settle claims it advertised deceptive prices
Arizona Attorney General Kris Mayes said the store's prices failed to include the full reconditioning fees the dealer charged and the cost of mandatory additions like exterior coating and door edge guards......»»
US says SK Battery faces $77,200 in fines over employee health hazards
The U.S. Labor Department said on Monday that SK Battery America faces $77,200 in fines for five serious safety violations after workers in Georgia suffered potentially permanent respiratory damage in an October 2023 lithium battery fire......»»