Recent News

New appointments show what Manley has learned about Fiat Chrysler management

With his appointment of two outsiders to key executive roles at FCA, CEO Mike Manley has made it abundantly clear that he has learned another tough lesson from his late boss, Sergio Marchionne. ... Read More »

CornerStone Makes 2018 NC100 List

CornerStone United has been named to the 2018 Grant Thornton list of Top 100 privately owned North Carolina companies. ... Read More »

Fiat Chrysler to convert idled Mack II engine plant in Detroit engine plant to build Jeeps, reports say

Fiat Chrysler Automobiles plans to reopen its long-idled Mack II engine plant in Detroit as an assembly plant to build three-row Jeep SUVs, The Detroit News and CNBC reported today, citing multiple sources familiar with the plans. ... Read More »

Why the FTC is sending $3.5 million to Sage Auto Group customers

The Federal Trade Commission said it will mail out 43,456 checks totaling more than $3.5 million for customers that fell prey to Sage Auto Group's deceptive practices from 2014 to 2016. ... Read More »

Salespeople Can Be So Arrogant

F&I managers have a professional justification and an ethical responsibility to forbid salespeople from barging into your office while you are meeting with customers. ... Read More »

FTC Returns More Than $3.5 Million to Consumers Subjected to Deceptive and Unfair Sales and Financing Tactics by Los Angeles-Area’s Sage Auto Group

The Federal Trade Commission is mailing 43,456 checks totaling more than $3.5 million to consumers subjected to deceptive and unfair sales and financing tactics by the Sage Auto Group and its owners between 2014 and 2016. Affected consumers will receive their...

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FTC Releases FY 2018 National Do Not Call Registry Data Book and Mini Site

Contains updated information on robocall complaints and state-by-state complaint analysis The Federal Trade Commission today issued the National Do Not Call Registry Data Book for Fiscal Year 2018. The FTC’s National Do Not Call (DNC) Registry lets consumers...

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Online Seller to Pay $60,000 Penalty for Violating the Contact Lens Rule

Cosmetic contacts allegedly sold to consumers without required prescriptions or verification A California-based online seller of non-corrective, decorative contact lenses will pay a $60,000 penalty and be banned from all contact lens sales, under an order settling...

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Trump’s combative side poses risk as Democrats hold key to USMCA

Donald Trump's push to get Congress to quickly pass his NAFTA replacement trade deal -- a crucial deal for the auto industry -- will require the president to take an uncharacteristic approach in negotiations: seek compromise while resisting... ... Read More »

Autoliv sets aside $210 mln to cover European anti-trust investigation

Autoliv said it is setting aside $210 million this quarter to cover a fine it expects the European Commission to impose after a long-running anti-trust investigation. ... Read More »