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Tariq Kamal

Former Associate Publisher

Articlesby Tariq KamalJune 11, 2019

The Race Is On at Paragon Honda

Dealer and long-distance runner Brian Benstock reflects on his nearly 40 years in the auto retail business, the challenges and opportunities in the New York market, and his efforts to drive his stores — and the industry — forward.

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Newsby Tariq KamalJune 10, 2019

Dealer Extortion Attempt Ends With Arrest

A Florida man was arrested after police say he attempted to use lost sales records to extort the owner of Jon Hall Chevrolet of Daytona Beach for $50,000 and a new Malibu.

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Newsby Tariq KamalJune 6, 2019

FCA Blames French State for Failed Renault Merger

Fiat Chrysler has backed out of a proposed merger with Renault, blaming ‘political conditions’ in France, whose government owns a 15% share of Renault. A week ago, the companies were poised to form the world’s third-largest automaker.

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Newsby Tariq KamalJune 4, 2019

SAAR Returns to 17M on Stronger May Sales

U.S. dealers sold slightly fewer new vehicles last month than in May of 2018, but the annual forecast increased to 17.4 million units — thanks in no small part to strong fleet sales.

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Done Dealby Tariq KamalJune 4, 2019

How to Sell GAP in a Crisis

Mounting losses have compelled many underwriters to jump ship on guaranteed asset protection, but it remains a cornerstone product that continues to perform for customers, dealers, and F&I managers.

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Newsby Tariq KamalJune 3, 2019

Fake Dealer Gets 5 Years for Fraud, Drugs

Gene Earl Easterling will serve 63 months in federal prison on bank fraud, mail fraud, and drug charges following an investigation that determined he posed as an auto dealer to obtain $682,980 in loan checks.

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Newsby Tariq KamalMay 29, 2019

IHS: EVs Will Reach 7.6% Market Share in 2026

IHS Markit analysts say electric vehicles will account for 7.6% of all new vehicles sold in the United States in 2026, predicting ‘explosive’ growth in a segment driven by rapidly proliferating makes and models.

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Newsby Tariq KamalMay 28, 2019

FCA Proposes Merger With Renault

The chairman of Fiat Chrysler Automobiles is pushing a proposal that would merge the Italian-American carmaker with France’s Renault, creating the world’s third-largest manufacturer.

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Newsby Tariq KamalMay 22, 2019

NC Dealer Refuses to Lower Giant American Flag

Camping World and Gander RV’s Marcus Lemonis says his dealership’s 40-by-80-foot American flag is a tribute to military veterans and that he will not take it down, despite the threat of thousands of dollars in fines.

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Newsby Tariq KamalMay 21, 2019

Subprime Up 13% as Total Auto Originations Decline

The Federal Reserve Bank of New York’s Q1 U.S. household debt report finds auto loan and lease originations declined slightly year-over-year — except for sub-620 customers — while 90-day delinquencies grew by 9.2%.

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