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Top 10 Fraud Stories of 2019

When accusations of fraud cross state lines, the perpetrators run afoul of federal prosecutors.

A number of U.S. auto dealers and dealership sales and F&I personnel were the victims or alleged perpetrators in several major fraud cases this year.

News

WSJ: SEC Probing BMW Sales Reports

Ludwig Willisch (left), president and CEO of BMW North America, said “it happens” when asked...

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.

Article

5 Ways to Sell Like It’s 2008

The author urges dealers to think back to a time before the industry relied on stair-step...

The Great Recession put dealers and manufacturers on a bad path. Reclaim grosses by putting the focus back on long-term value and the ownership experience.

News

Asbury Acquires Park Place in $1B Deal

Among the stores to be acquired from Park Place Dealerships by Asbury Automotive Group is...

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.