What the FTC"s proposals on car dealer ads, F&I mean
The proposed Federal Trade Commission regulations on car dealers go beyond existing federal law and offer more specificity than the law that forbids unfair and deceptive dealership practices......»»
VW ID Buzz output to remain in Germany
U.S. pricing on the ID Buzz has not been finalized but will be key for dealer and VW profitability......»»
Farley, top Ford execs hit road to hear dealers" concerns
The tour comes as dealer trust levels within Ford have plummeted as the company faces continued quality woes and questions over its electrification strategy......»»
Electric Fiat 500e drawing dealer interest ahead of launch
The brand's buzz-building strategy has prompted some dealers to ask about adding the single-vehicle line, Fiat North America chief Aamir Ahmed said......»»
Asbury sells Lexus store and Baxter Auto adds Toyota dealership in Q1, Q4 deals
Asbury Automotive Group Inc. sold a Lexus dealership, Baxter Auto bought a Toyota dealership and a Puerto Rico dealer bought his first U.S. mainland store......»»
Upgraded Mitsubishi site lets customers search for cars they"re prequalified to buy
Mitsubishi has partnered with Santander Consumer USA on an online tool allowing shoppers to get preapproved for car loans and filter dealer inventory to the vehicles the consumer can afford on those approved terms. The new-vehicle prequalification fe.....»»
Fewer new-car dealerships, higher sales in 2023 lead to boost in throughput
There were more exclusive dealerships in 2023 than in 2022, and the average new-vehicle sales per franchise rose, according to Automotive News' annual Dealer Census......»»
Porsche dealer lists Tesla Cybertruck at $289,999 after buying for $244,000 at auction
The CEO of car wholesaler givemethevin.com said more Cybertrucks are heading toward auction. Tesla has an anti-flipping clause with a potential $50,000 penalty for the original buyer......»»
Dealer Census finds fewer dealerships, higher throughput in 2023
There were more exclusive dealerships in 2023 than in 2022, and the average new-vehicle sales per franchise rose, according to ' annual Dealer Census......»»
Spotify and other companies criticize Apple in letter to EU commission
Apple will soon roll out major changes to iOS users in the EU as part of the Digital Markets Act (DMA) antitrust legislation. However, many developers have been unhappy with Apple’s proposals to comply with the DMA. Because of this, Spotify and doz.....»»
Amazon, Hyundai partnership causing concern among dealers, survey says
U.S. dealers have mixed feelings about how the partnership between Hyundai Motor and Amazon will affect the industry, according to results from Automotive News' 2024 Dealer Outlook Survey......»»
Everything went Apple"s way at the annual shareholders meeting
Apple's annual shareholders' meeting concluded with support for all of its proposals, and rejection of shareholder proposals, despite controversies and disagreements.Apple ParkApple held its annual shareholder meeting on February 28, with shareholder.....»»
Shareholders voted the way Apple wanted at the annual shareholder meeting
Apple's annual shareholders' meeting concluded with support for all of its proposals, and rejection of shareholder proposals, despite controversies and disagreements.Apple ParkApple held its annual shareholder meeting on February 28, with shareholder.....»»
Apple faces five shareholder proposals, and doesn’t like any of them
Tomorrow is the date of Apple’s annual shareholder meeting, and the company this year faces five shareholder proposals – and recommends voting against all of them. The company went as far as trying to exclude one of them, but the Securities an.....»»
Apple"s annual shareholder meeting tackling conservative fears, China, equality, & AI
Apple's annual shareholder meeting is being held on February 28, with shareholder proposals pushing for transparency from Apple on AI and addressing concerns held by conservative politicians, but Apple advises voting "against."Shareholder meeting to.....»»
Jeep CEO turnaround plan features price cuts, ‘freedom of choice" amid EV transition
Jeep is cutting prices on some of its key models and taking new approaches to marketing, branding and dealer relations in an effort to turn around the brand's flagging sales in North America......»»
Two truths and a lie about immigration
Congressional gridlock over border security talks, controversial proposals to restrict asylum and a looming impeachment trial for the U.S. Homeland Security Secretary Alejandro Mayorkas paint a stark picture of a nation deeply divided on immigration......»»
Meta & Microsoft are lobbying the EU to reject Apple"s new App Store plans [u]
Ahead of Apple's proposals for third-party App Stores coming out of beta, firms including Meta and Microsoft are lobbying the EU in the hopes that it will reject the plans.The App Store is changing in EuropeApple has detailed how it proposes to follo.....»»
Lawsuit claims N.Y. Chevrolet dealer backed out of contract to sell
The prospective buyer of a Fort Montgomery, N.Y., store has sued the dealership for allegedly breaking a contract to sell its assets and real estate......»»
Ground-based lasers could accelerate spacecraft to other stars
The future of space exploration includes some rather ambitious plans to send missions farther from Earth than ever before. Beyond the current proposals for building infrastructure in cis-lunar space and sending regular crewed missions to the moon and.....»»
Bollinger Motors picks LaFontaine Automotive as first commercial dealer
Bollinger Motors named LaFontaine Automotive Group its first authorized dealer as the EV company works to deliver an all-electric Class 4 commercial truck......»»