Nissan’s Woes Continue with a Drop in Preliminary Operating Profit

Its beleaguered former CEO Carlos Ghosn aside, Nissan is not shaping up to have a great 2019. The Japanese automaker’s sales year ended in...

Connected Cars and Autonomy Will Change the Relationship Between Carmakers and Insurers

As vehicles become increasingly connected, they generate more and more data. While we know marketers would like to get their hands on as much...

Toyota Begins Restructuring of Toyota Motor Credit

Toyota Motor Credit, more commonly known as Toyota Financial Services, is making some changes. The company recently announced that it plans to consolidate 29...

Analytics Help Combat Dealership Fraud and Embezzlement

Has your dealership been a victim of embezzlement or theft? If you’re like more than half of American auto dealerships, you’ve had some theft,...

Illinois Bill Aims to Overturn Sunday Auto Sales Ban for the Sixth Time

If Illinois’ Senate Bill 22 becomes law, the state’s auto dealers might find themselves doing something they’ve never had to do before: work on...

FCA Settles Lawsuit by Dealers Pressured to Submit Fake Sales Numbers

More than three years after it arrived in court, an antitrust lawsuit against Fiat Chrysler Automobiles NV’s U.S. unit has come to an end...

New Vehicle Interest Rates to Hit Highest Level in a Decade

The rise in interest rates is squeezing both car buyers, who are finding new vehicles increasingly out of their reach because of high payments,...

Michigan Secretary of State Shuts Nine Auto Dealerships for Rules Violations

On Thursday of last week, the office of the Michigan’s Secretary of State announced that it had ordered the closure of six auto dealership...

Chrysler Dealers Shuttered During 2009 Bankruptcy To Get Their Day in Court

At the time of its bankruptcy filing in April of 2009, Chrysler had a total of 3,181 authorized dealers in operation. Since just over...

Edmunds Predicts Record Numbers of Preowned Vehicle Sales in 2019

While a variety of external factors – including rising interest rates, stagnating wages and rising sticker prices in anticipation of a trade war --...

Major Online Auto Parts Supplier Settles with California for Emissions Violations

California has some of the toughest environmental rules in the country, particularly when it comes to air pollution. The California Air Resources Board (CARB)...

Cox Dealer Sentiment Index Shows Slight Improvements in First Quarter of 2019

Vehicle dealers are feeling a little bit better in the start to 2019. This is according to the first quarter Cox Automotive Dealer Sentiment...

How Does Tesla Plan to Walk Out of Its Store Lease Commitments?

Was Tesla head Elon Musk’s surprise decision to shut down its retail stores a brilliant move to save money and reduce the cost of...

White House Tries to Persuade Automakers to Support Its Rollback of Fuel Economy Standards

In its effort to roll back Obama-era fuel economy standards, the White House appears to be nervous that automakers – and the State of...

New Report Exposes New Jersey “Fly by Night” Used Car Business Practices

The State of New Jersey has a new tool in its arsenal to fight predatory used car dealers. The State Commission of Investigation recently...

Online Car Sales Scams on the Rise

Online Car Sales Scams on the Rise With the rise of online car sales, comes the rise of online car sales scams. While many legitimate...

Americans Delinquent on Car Loans Hits High Water Mark

It’s a signal of how well the economy is doing for ordinary Americans. People behind on their car payments are probably struggling financially, so...

Fiat Chrysler Discloses Two Separate Recalls for 750,000 Ram Trucks

Fiat Chrysler began the week with a headache, facing the recall of more than 750,000 Ram trucks for two separate defects. The first recall,...

Ward’s Auto Reports Cease Publication After 96 Years

For nearly a century, Ward’s Auto Reports newsletters have been a staple of the automotive industry. The 96-year-old publication, which first debuted in 1924...

SEC Opens Investigation into Nissan’s Carlos Ghosn

Back in November, Japan’s Nissan Motor Co.’s board unanimously voted to fire Chairman Carlos Ghosn based on allegations that Ghosn misused company money for...

Colorado Joins the California Zero Emissions Vehicle Program

California’s pioneering Zero Emission Vehicle (ZEV) program is a policy that induces and ultimately requires automakers to sell a certain number of electric cars...

New Jersey Lawmakers Reintroduce Bills to Protect Used Car Buyers

Lawmakers in New Jersey have taken steps to clean up what they say are nefarious practices in the used car industry. The legislation, sponsored...

Online Wholesale Auction Platform ACV Secures New Funding

While car buyers have a variety of digital platforms available to them when it comes to searching for, financing and purchasing vehicles, technology has...

New Map Shows How Americans Are in Debt for Auto Loans

Americans are borrowing more for their auto loans than ever before. According to Expedian, the average loan for a new vehicle hit $31,099 earlier...

Cox Dealer Sentiment Index Finds Increased Concerns About Vehicle Market

Interest rates, rising prices and political turmoil have combined to make consumers nervous about vehicle buying at the moment, and this is reflected in...

New York, Connecticut, and Florida Dealerships Targeted by Crime

Car dealerships are no strangers to robbery and violent altercations, given the items of value they keep on the premises (not only vehicles, but...

White House Escalates “Subsidies” Rhetoric Against GM

The spat between the Trump Administration and GM took a more dramatic turn recently, with the White House tweeting disapproval and threats to the...

GM to Shutter Plants, Shed Jobs and Move Goalposts

General Motors (GM) is calling it a “transformational acceleration,” or a fast-track of its plans laid out in 2015 to strengthen its core business,...

Nissan’s Board Votes Unanimously to Oust Carlos Ghosn

Japan’s Nissan Motor Co.’s board has unanimously voted to fire Chairman Carlos Ghosn based on allegations that Ghosn misused company money to enrich himself...

Costs and Loan Terms for Used Vehicles Reach Record Highs

With rising interest rates and the shadow of tariffs across their wallets, more Americans are opting for used vehicles. This, in turn, is driving...