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NewsAugust 20, 2013

Ind. Dealer Back in Business After Fraud Accusations

Scott’s Auto Sales has reopened after police seized five cars from the dealership as part of an odometer fraud investigation.

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NewsAugust 20, 2013

CNW: August Deliveries Could Rise 8 Percent

This month, same-store deliveries are up nearly 6 percent while new floor traffic beat out last year’s numbers by 24.7 percent. Based on the data, CNW expects sales to rise at least 8 percent.

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NewsAugust 20, 2013

CNW: Hispanic Car-Buying Segment on the Rebound

Hispanic car buyers are expected to make up 13 percent of new and 14 percent of used sales in the next few years, according to data collected by CNW Research.

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NewsAugust 20, 2013

Antique Auto Dealer Sentenced for Bank Fraud and Money Laundering

Texas dealer sentenced to prison for federal bank fraud and money laundering. He must also pay more than $1.4 million in restitution.

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NewsAugust 15, 2013

Experian Automotive: Repossessions Fall to Lowest Rate on Record

In addition to record-low repossessions, 30-day delinquencies drop and 60-day delinquencies remain flat as the auto finance market stays strong.

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NewsAugust 15, 2013

Dealers Listed as Victims of Advertiser’s Money Laundering Scheme, The Advocate Reports

According to a report from The Advocate, Raymond Christopher Reggie, former brother-in-law to U.S. Sen. Ted Kennedy, is charged with six counts of money laundering. In his scheme, two Louisiana car dealers lost a combined total of $1.1 million.

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NewsAugust 15, 2013

Yelp Catches More Companies Buying Fake Reviews

This week, Yelp issued another round of consumer alerts, or pop-up messages warning customers that a business was caught ‘red-handed’ trying to purchase fake reviews.

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NewsAugust 15, 2013

Texas Dealer Sued for Tasering Employee

A former employee is suing Houston, Texas-based Fred Fincher Motors because he was reportedly harassed by co-workers with a stun gun, according to KHOU-11 News.

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NewsAugust 15, 2013

Edmunds.com Reveals ‘17 Best Cars’ on the Market

Edmunds.com lists the Top 17 cars consumers would buy if money wasn’t an issue. Toyota led the way with three vehicles on the list, while Honda had two.

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NewsAugust 15, 2013

StoneEagle, ADP Partner on F&I Video Training and Reporting

StoneEagle’s SEcureMetrics F&I reporting application now includes functionality that links a specific F&I deal directly to the ADP F&I Results video.

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