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Bloomberg: Pivot to SUV Is Hail Mary for Fisker

Henrik Fisker met with Bloomberg to elaborate on plans to build an all-electric SUV by 2021. The...

A one-on-one with Bloomberg’s Hannah Elliott did little to lend credibility to Henrik Fisker’s plan to produce a $40,000 all-electric SUV by 2021, when it will face direct competition from Tesla’s Model Y and at least four established highline factories.

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Hyundai, Kia Face New Engine Fire Investigations

Sen. Richard Blumenthal (D-Conn.) reportedly planned to formally request a NHTSA investigation...

Pressure on Hyundai and Kia ramped up Monday with the launch of a multistate probe into fires involving the South Korean manufacturers’ Theta II engines and reports suggesting U.S. Sen. Richard Blumenthal will ask for a new investigation at the federal level.

Video

F&I Tip of the Week: Complain or Teach

F&I Tip of the Week: Complain or Teach

F&I managers bear a heavy workload and countless responsibilities. It’s fair to complain when sales mishandles a deal. But UDS’s John Tabar learned the hard way that teaching is more effective. Watch this Tip of the Week to learn how to prepare and deliver the F&I training your showroom needs.

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Lights Out: Cree to Focus on Semiconductors

Cree has agreed to sell its lighting division to Ideal Industries, abandoning the...

In a move industry watchers may regard as a sign of the times, dealership mainstay Cree has agreed to sell its lighting division in order to fully devote the company to semiconductor manufacturing.

Article

Q&A: Car Fraud Puts Dealers on the Hook

A skilled counterfeiter can turn a mass-market classic into a rare show car worth hundreds of...

Famed car fraud attorney Bruce Shaw says the courts show no mercy to dealers who resell counterfeit units and shares hard-won advice for spotting sophisticated fakes and avoiding costly lawsuits.