NADA: FTC proposal on car dealers ‘severely flawed," should be withdrawn
The comments from the NADA were among thousands received by the FTC on its proposal to curtail bait-and-switch auto dealership price advertising, misleading F&I practices and F&I vehicle protection products......»»
Released: Decryptor for Cl0p ransomware’s Linux variant
Flawed encryption logic used in Cl0p (Clop) ransomware’s Linux (ELF) variant has allowed SentinelOne researchers to create and release a free decryptor. “The [Cl0p] Windows variant encrypts the generated RC4 key responsible for the file e.....»»
7 most likable characters on How I Met Your Father, ranked
These characters from How I Met Your Father might be deeply flawed, even sometimes annoying, but there's something endearing about them......»»
"23 buy-sell activity to build off busy "22, "21
While there's a mix of predictions on how many dealerships will trade hands in 2023, some professionals arranging transactions and dealers looking to acquire indicate the buy-sell market will be just as busy as the past few years......»»
Stellantis eager to talk with prospective minority dealers
A diversity executive with the automaker speaks about how it finds and matches minority dealer candidates to the right stores......»»
Sony-Honda vehicles might end up with competing dealers
Sony Honda Mobility wants to challenge the status quo in automaking. That could mean its cars end up with Honda dealers' competitors......»»
Mazda dealerships to settle F&I pricing case with Mass. AG for $350K
Hometown Auto Framingham has also agreed to adopt NADA's Voluntary Protection Products policy at its Massachusetts dealerships for three years......»»
India hikes EV import duty, encourages TV and handset manufacturing
Amid India's push to build a self-reliant manufacturing ecosystem for electronics such as EVs and mobile phones, India seeks to extend exemptions for basic customs duty in the latest budget proposal......»»
LIFO tax relief bill for dealers to be reintroduced in House
House sponsors plan to reintroduce the Supply Chain Disruptions Relief Act, which would give dealerships up to three years to replace their inventory before having to pay taxes on inventory sales from 2020 or 2021......»»
Tech giants could get bill for European 5G infrastructure; Apple potentially included
Under a proposal currently being discussed, tech giants could be asked to help pay for European 5G infrastructure, with Apple potentially on the list of companies receiving a bill. The European Union is planning to consult on the idea of asking comp.....»»
Survey shows dealers increasingly worried about the economy
Dealers are increasingly worried about the possibility of recession even as improving inventory levels have them more optimistic about the new-vehicle business in 2023. .....»»
Hyundai dealers celebrate market share gains in the U.S.
The brand ended the year with 5.2 percent market share, up from 4.9 percent at the end of last year, according to data from Motor Intelligence......»»
Mitsubishi dealers prepare for better supply, new trims
Mitsubishi has told dealers they expect better supply amid strong sales. Retailers are excited about Outlander plug-in hybrid, return of the Ralliart subbrand and Outlander Sport off-road trim......»»
Nissan warns dealers Ariya supplies will be tight in 2023
Availability and affordability of the Ariya were on dealers' minds at the meeting Sunday, with many of the roughly 200 retailers in attendance wanting to know why they aren't receiving more units......»»
Worries loom for used-car market
Many dealers say high retail prices and rising interest rates create a one-two punch that will further discourage consumers concerned about affordability and potentially shut more of them out of the used-vehicle market......»»
Genesis dealers ask for more flexibility on facility upgrades
Genesis will consider granting some flexibility on its expensive Keystone facilities plan to dealers who were hesitant to construct exclusive storefronts for the young luxury brand......»»
Ford drops EV sales cap, lowers training costs for some dealers
Although enrollment for its EV certification program closed last month, Ford will allow dealers to change their mind on a case-by-case basis......»»
Lincoln loosens EV charger requirement for dealers
The brand instead will require dealers to operate the stations largely just during business hours......»»
VW plans to localize development, change marketing, dealers hear
Volkswagen dealers welcomed plans by the brand's new North American management team to localize product development in North America and move away from its 'Drive Bigger' marketing theme......»»
GM working to ease bottlenecks, near 100% production in 2023
The automaker is buying trucks so it can deliver vehicles to dealers more quickly, Chevy's dealer council chairman said......»»
Warranty parity legislation spreads to Colorado
A bipartisan bill introduced Friday in Colorado would follow Illinois in mandating that manufacturers pay dealers retail labor rates for warranty repairs. Other state dealer associations are pursuing similar actions, advocates say......»»