Search Close Menu

Search Results

Best Match Date Posted
Close
Results: 8
Ghosn Skips Bail, Escapes to Lebanon

Ghosn Skips Bail, Escapes to Lebanon

Convinced he was framed for financial crimes in Japan, former Nissan chief Carlos Ghosn somehow slipped past surveillance and fled to his home in Lebanon.

December 31, 2019

WSJ: SEC Probing BMW Sales Reports

WSJ: SEC Probing BMW Sales Reports

The Wall Street Journal reports the U.S. Securities and Exchange Commission is investigating accusations that BMW conspired with American dealers to inflate monthly sales reports.

December 26, 2019

Police: Fla. Dealer Couple Faked 35 Sales Contracts
Former GM Gets 4 Years, Owes $8M for Embezzlement

Former GM Gets 4 Years, Owes $8M for Embezzlement

Amir Bakhtiari will spend 54 months in federal prison and faces deportation to Iran after pleading guilty to embezzling $6 million by paying phony advertising invoices and unearned bonuses.

November 1, 2019

Calif. Dealers Get Warranty Rate Hike, 10-Year Upgrade Intervals, CCPA Exemption
Sources: Tesla Wants Back in Dealership Game, Seeks Loophole

Sources: Tesla Wants Back in Dealership Game, Seeks Loophole

Electrek reports Tesla CEO Elon Musk wants to open ‘Tesla Centers’ around the U.S., once again challenging rules against direct-to-consumer sales. Sources say the firm’s Electric division could provide a workaround.

October 14, 2019

Jury Orders Reagor to Pay Ford Credit $53M

Jury Orders Reagor to Pay Ford Credit $53M

A jury deliberated for less than an hour before deciding Reagor Dykes’ Bart Reagor owes Ford Motor Credit Co. the full amount it demanded following an investigation into the Texas group’s floorplanning practices.

October 4, 2019

Mystery Surrounds Seattle Dealership Closures

Mystery Surrounds Seattle Dealership Closures

Five motorcycle dealerships owned by Microsoft executive Howard Crow were suddenly shuttered last week. Managers and staff have returned, without pay, to open the doors and deliver or return bikes to bewildered customers.

September 26, 2019