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Results: 170
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
Democrats Signal Defeat on EV Tax Credit

Democrats Signal Defeat on EV Tax Credit

The federal spending bill being negotiated by House and Senate leaders is not likely to include an extension of the $7,500 tax credit for buyers of electric vehicles.

December 17, 2019

Sense of Urgency Pervades Q3 Dealership Acquisitions
Trump, Democrats Agree to Revised USMCA

Trump, Democrats Agree to Revised USMCA

President Donald Trump, House Speaker Nancy Pelosi, and factory and labor officials all cheered the imminent passage of a revised version of the U.S.-Mexico-Canada trade bill.

December 11, 2019

Digital Cadillac Sales Platform Makes U.S. Debut
Regulators Appear to Endorse Alternative Credit Scoring
November Sales Report Pushes 2019 Total Closer to 17M
Gabler Attorney Questions Prosecution Evidence

Gabler Attorney Questions Prosecution Evidence

An attorney for indicted Pennsylvania dealer and former association head Andy Gabler has filed a motion accusing prosecutors of failing to document instances of alleged fraud.

November 26, 2019

Mass. Dealer Agrees to Nearly $1M Settlement

Mass. Dealer Agrees to Nearly $1M Settlement

The Boston-area AutoMax group has agreed to a $925,000 settlement after facing accusations of misrepresenting vehicles, warranty and service contract coverage, and fees.

November 21, 2019

GM Accuses FCA of Bribery, Corruption in RICO Suit

GM Accuses FCA of Bribery, Corruption in RICO Suit

General Motors has sued Fiat Chrysler in federal court, alleging FCA bribed United Auto Workers officials to secure concessions that included an undue share of lower-wage workers.

November 21, 2019

Auto Loan and Lease Activity Slows as Balances Grow
Bloomberg: FCA Banking Unordered Vehicles, Pressuring Dealers
Chrysler Dealers to Appeal Claims Court Loss

Chrysler Dealers to Appeal Claims Court Loss

An attorney representing hundreds of former Chrysler franchisees in a $1 billion lawsuit against the federal government plans to file an appeal that could make its way to the U.S. Supreme Court.

November 12, 2019