Recent News

Used-Vehicle Volumes Up 4.1% Among Privately Owned Dealers

Haig Partners’ Q2 report charts an astonishing 60% drop in buy/sell activity among U.S. auto dealerships and finds privately held stores and groups are increasingly focused on pre-owned sales. ... Read More »

FTC Puts Conditions on NEXUS Gas Transmission, LLC’s Acquisition of Generation Pipeline LLC

Complaint alleges that non-compete agreement in Nexus’s purchase of Ohio pipeline would harm competition Joint venture NEXUS Gas Transmission, LLC, and its member companies, DTE Energy Company and Enbridge Inc., will settle Federal Trade Commission charges that...

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White House moving forward to strip California of vehicle authority, report says

President Donald Trump met with senior officials on Thursday to discuss the administration's plan to divide its August 2018 proposal to rollback Obama era standards through 2025 and revoke California's waiver under the Clean Air Act to set state requirements...

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U.S. DOT awards 3 states AV research funds

Michigan and Ohio received $7.5 million each while Virginia landed $15 million from the U.S. Department of Transportation's Automated Driving Systems Demonstration Grants. ... Read More »

CT4 poised to replace ATS as Cadillac revamps sedan lineup

The 2020 CT4, which will be available for ordering this year, is slightly bigger and heavier than the ATS. ... Read More »

UAW board member charged with embezzling union funds

Vance Pearson, a member of the UAW's International Executive Board and a regional director, was charged after search warrants were executed by the FBI last week at a number of locations. ... Read More »

Unifor, Nemak dig in their heels over Canada plant closure

Unifor President Jerry Dias accuses Nemak of not adhering to a collective agreement at the company's Canada plant, which supplies GM engine blocks. Union members stopped working on Labor Day because Nemak plans to close the factory in mid-2020. ... Read More »

CDK Global’s DMS executive to resign

CDK did not give a reason for Dan Flynn's departure in the regulatory filing. CDK did not say who would replace Flynn. ... Read More »

F&I Should Be Grand Sumo Yokozunas

The champions of the sumo world can handle any type of opponent, win more bouts than they lose, and enjoy a level of respect and privilege that only top producers can ever hope to earn. ... Read More »

FTC Approves Final Order Imposing Conditions on Quaker Chemical Corp.’s Acquisition of Houghton International Inc.

Following a public comment period, the Federal Trade Commission has approved a final order settling charges that chemical company Quaker Chemical Corp.’s  $1.4 billion acquisition of Houghton International Inc. is anticompetitive.According to the complaint,...

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