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Results: 47
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

Carpenter to Replace Christian as Midwest RVP at Dent Wizard
NADA Predicts 1.2% Decline in 2020 New Car Sales

NADA Predicts 1.2% Decline in 2020 New Car Sales

The National Automobile Dealers Association estimates U.S. new vehicle sales will fall to 16.8 million units as internal and external forces reshape the auto retail industry.

December 18, 2019

Tiptree Insurance to Acquire Smart AutoCare
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
Used Car Price Gap Grows to $15K in Q3 Report

Used Car Price Gap Grows to $15K in Q3 Report

Edmunds’ latest Used Car Report finds high off-lease volumes have suppressed prices and widened the gap between new and 3-year-old models to an average of $14,951.

December 13, 2019

Asbury Acquires Park Place in $1B Deal

Asbury Acquires Park Place in $1B Deal

Asbury Automotive has agreed to acquire the Park Place group of dealerships, adding 17 Texas rooftops and raising Asbury’s highline revenue to approximately 50% of its total.

December 12, 2019

GSFSGroup Names Hurley CFO and VP

GSFSGroup Names Hurley CFO and VP

Former Allstate Dealer Services executive Michael Hurley has been named CFO and vice president of finance and planning for GSFSGroup.

December 11, 2019

Digital Cadillac Sales Platform Makes U.S. Debut
U.S. Dealers Remain Optimistic Despite External Threats
Q3 Auto Finance: Used Accounts for 55% of Loans
November Auto Loan Interest Rates Hit 21-Month Low
Regulators Appear to Endorse Alternative Credit Scoring
November Sales Report Pushes 2019 Total Closer to 17M