U.S. judge backs Hyundai on terminating two Napleton dealerships in Fla.
A U.S. judge in Florida ruled in favor of Hyundai last week in a wrongful termination suit filed by two Napleton Automotive dealerships......»»
Texas judge decides Texas is a perfectly good venue for X to sue Media Matters
Judge says Musk critic "targeted" advertisers in Texas, denies motion to dismiss. Enlarge / Tesla CEO Elon Musk speaks at Tesla's "Cyber Rodeo" on April 7, 2022, in Austin, Texas. (credit: Getty Images | AFP/Suzanne Cordeiro).....»»
Top 5 stories of the week: Ford Future Product; Angela Zepeda leaves Hyundai
A quick look at the top automotive stories of the week as determined by reader interest......»»
DOJ declares victory over Backpage as judge sends founder Lacey to prison
Lacey gets 5 years for one money laundering charge but was acquitted on 50 counts. Enlarge / Backpage founder Michael Lacey testifying at a US Senate hearing in January 2017. (credit: US Senate hearing) Backpage founder.....»»
Hyundai’s new extended-range tech will bridge the gap to EVs
Concerned about slowing demand for EVs, Hyundai will launch an extended-range gasoline-electric drivetrain in the coming years......»»
Ed Morse Automotive completes purchase of 6 Arizona dealerships
The dealerships represent the first in the state for the group......»»
Hyundai turns to new hybrid tech to power growth amid "slowdown" in EV demand
Hyundai is leaning heavily into hybrids, citing ‘the recent slowdown’ in EV demand, and expects its sales of the gasoline-electric vehicles to more than double as it rolls out new electrified powertrain technologies and extends them to the Genesi.....»»
Public dealerships" F&I gross profits fall in Q2 but most above $2,000 a vehicle
AutoNation, Lithia, Group 1, Sonic and Asbury all had same-store finance and insurance gross profit per vehicle above $2,000 in the second quarter......»»
Westlake Financial launches fleet financing product to power micro leasing at dealerships
The vehicles used in micro lease programs can fall into a gap not covered by traditional floorplan or rental financing......»»
Hyundai Motor America marketing exec Angela Zepeda exits after losing CMO title
The company promoted Sean Gilpin into the role less than a month after giving him some of Zepeda’s duties related to performance marketing......»»
Missouri AG’s legal war against Media Matters shot down by federal judge
Judge: Missouri AG's actions chill speech about extremist content on Musk's X. Enlarge / Missouri Attorney General Andrew Bailey arrives to testify at House Homeland Security Committee hearing on Wednesday, January 10, 2024. (c.....»»
Judge upholds $350,000 award against Michigan dealership for wrongful repossession
A federal judge upheld a $350,000 punitive damages award against a Michigan dealership in a spot delivery and wrongful repossession case......»»
Dealerships can best use AI for specific processes
An expert with Infobip talked with Automotive News about the benefits of targeted AI use at dealerships......»»
Ex-bank CEO gets 24 years after falling for crypto scam, causing bank collapse
Former bank CEO ignored warnings that he was being scammed while tanking bank. Enlarge (credit: nadia_bormotova | iStock / Getty Images Plus) A federal judge sentenced a 53-year-old Kansas man to more than 24 years in pr.....»»
Dealerships kept contracts digital in Q2 despite CDK Global outage, Wolters Kluwer says
Car dealerships sent auto lenders more digital car loan contracts in the second quarter opting against paper documentation, despite the CDK Global outage in June following two cyberattacks......»»
Property insurance: Dealer hurdle over EVs
Zurich Insurance Group issues recommended best practices for dealerships servicing EVs that could add costs......»»
1 Thing We"re Talking About: MyKaarma, Sunbit integrate to bring customers flexible repair payment options
Service drive payment and communication platform myKaarma has integrated with Sunbit, a financial technology solution provider found at more than half of U.S. franchised dealerships......»»
Federal judge in Texas strikes down FTC’s ban on noncompete agreements
Judge: FTC Act doesn't give substantive rulemaking authority to FTC. Enlarge / Federal Trade Commission Chair Lina Khan arrives to testify before the House Appropriations Subcommittee at the Rayburn House Office Building on May 1.....»»
F&I tip: CarShield case a reminder to make sure customers understand service contracts
There's a lesson for dealerships in the $10 million CarShield settlement with the Federal Trade Commission, says Zeigler Auto Group COO Sam D'Arc: Make sure staff can explain what customers are buying......»»
Scott Painter, TrueCar"s co-founder, reworks follow-up Autonomy
Autonomy is launching Autonomy Data Service, a platform for car dealerships and others that want to establish their own subscription service......»»
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......»»