What Does the Dealership Do With My Traded-In Car?
You’ve finally picked out the new car you’ve wanted at the dealership. Now you’re signing the papers to trade in your current car for this newer vehicle you’ve been eyeing. Once you get that money for your trade-in and hand ov.....»»
Back in the business, Dobbs ready to grow dealership holdings
Dobbs Family Automotive, the automotive platform of Dobbs Equity Partners, has 10 dealerships across six states and wants to rapidly expand its holdings......»»
How songbirds" striking colors put them at risk
Bright, uniquely colored songbirds are at higher risk of extinction and more likely to be traded as pets, according to researchers reporting in Current Biology on September 15. The researchers also predict that almost 500 additional bird species, mos.....»»
Automaker lobby seeks revamp of FTC "cumbersome" car dealership disclosure plan
The Alliance for Automotive Innovation also asks the FTC to clarify its language banning car dealers from selling F&I products duplicating auto warranties......»»
NADA: FTC proposal on car dealers ‘severely flawed," should be withdrawn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......»»
Pet and medicine trades impacting resident tokay gecko populations, ecologists report
Tokay geckos are one of the most charismatic reptile species in Asia and the second largest gecko species in the world. They also are one of the most heavily traded reptiles, with millions exported every year from Southeast Asia, mostly as dried good.....»»
AutoNation sells BMW dealership, its second luxury store divestiture in a month
AutoNation sold a BMW dealership in New York last month, marking its second luxury store divestiture in August......»»
Ford reportedly to downsize dealership; GM has done it
Ford is said to mull over cutting delivery and inventory costs to reach competitive pricing with Tesla and other EV startups, Reuters reported......»»
Study: Large dealership groups pulling ahead in web responsiveness
The largest dealer groups in the United States are pulling ahead in online customer service, according to retail service tracker Pied Piper......»»
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......»»
Mercedes-Benz, Ford-Lincoln, Chevy and Stellantis dealerships change hands in 4 deals
Four dealership groups, including a growing Canadian auto retailer, completed third-quarter, second-quarter and first-quarter transactions of single stores across four states......»»
Dealership marketing company AutoWeb completes sale to One Planet Group
AutoWeb, which provides consumer leads to auto dealerships, no longer will be publicly traded and will operate as a standalone business......»»
Hyundai dealership customer shot by employee in Ohio, police say
Police said the customer was found with a gunshot wound to the upper leg in the parking lot of Hyundai of Bedford in Ohio......»»
Customer shot by employee at Ohio Hyundai dealership
Police said the customer was found with a gunshot wound to the upper leg in the parking lot of Hyundai of Bedford in Ohio......»»
VW dealership manages acquisitions like sales
Volkswagen of Marion in Illinois has boosted its purchases of used vehicles directly from consumers by improving its tracking of such buys and increasing bonus opportunities for staffers instrumental in making them happen......»»
Stellantis, Buick-GMC, Volkswagen, Hyundai dealerships acquired in Q3, Q2 deals
Stellantis, Buick-GMC, Volkswagen and Hyundai dealerships traded hands in single-store transactions in the third quarter and second quarter. The dealerships are spread across four states......»»
Fired employee sues N.H. dealership alleging COVID-19 law violation
A fired employee of a New Hampshire Chevrolet dealership is suing his former employer, alleging his rights were violated under the Families First Coronavirus Response Act, among other laws. The complaint, filed July 25 with the U.S. District Court.....»»
GM Financial switching to Safe-Guard for car dealer F&I products
General Motors will switch its white-label F&I product provider from the Amynta Group to Safe-Guard in the fourth quarter. The transition will also find it introducing new electric vehicle-specific coverages for dealership finance managers to sell......»»
FTC rejects requests from NADA, others for more time to comment on car dealer rules
Public comment on the proposed FTC language targeting car dealership bait-and-switch advertising and certain finance and insurance business practices will end Sept. 12 as planned......»»
Stellantis, Mitsubishi and Chevy dealerships acquired in Q2 and Q3 transactions
Four dealerships traded hands in second-quarter and third-quarter transactions, including Canadian auto retailer Knight Automotive Group buying its third U.S. store from former Denver Broncos Hall of Fame quarterback John Elway's dealership group......»»
Michigan Ford dealership rethinks used-car commissions
Roy O'Brien Ford in St. Clair Shores, Mich., increased its used-vehicle volume and boosted sales reps' interest in selling any used car in stock by changing the way it accounts for gross profit when calculating commission payments......»»