Recent News

Audi rides Avengers to the top

The automaker enlists the famed Marvel comics creator to teach a faux 'cameo acting' class. ... Read More »

Take a S.W.O.T. at Success

There are few occupations that have as many scenarios in play at any given time as F&I. Those scenarios entail a prospective client base that spans five generations, unprecedented regulatory oversight, escalating production quotas, intricate funding and leasing...

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Business as Usual

Last October, the eyes and ears of high-stakes investors around the world turned to the U.S. auto retail and finance industry when billionaire Warren Buffett and his investment firm, Berkshire Hathaway, agreed to purchase Van Tuyl Group, the nation’s fourth-largest...

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Average U.S. fuel economy fell in April

The average fuel economy of light vehicles sold in the US dropped one-fifth of a mpg last month from March, according to a monthly report by the University of Michigan Transportation Research Institute. ... Read More »

AutoNation says April sales grew 5.8%

AutoNation said its new-vehicle sales increased 5.8 percent last month from a year earlier, with gains in luxury and domestic brand sales but a loss in its import segment. ... Read More »

GM fund approves 7 more death claims

GM's ignition-switch compensation fund approved another seven death claims associated with ignition switch defects in its cars in the past week, bringing the total to 97 deaths, the office administrating GM's compensation fund said. ... Read More »

Supplier Sakhti bets on hiring ex-felons

Sakthi Automotive Group USA, in the nascent stages of a massive expansion project on the Detroit waterfront, is betting big on a nontraditional sort of workforce: convicted felons. ... Read More »

VW board to discuss chairman search

Volkswagen's supervisory board today will discuss finding a new chairman to fill the void left by Ferdinand Piech's sudden departure last month, sources told Reuters. ... Read More »

FTC Halts Deceptive Marketing of Bogus Weight-Loss Products

Sale Slash Charged With Using “Fake News” Websites, False Weight-Loss Claims, Phony Celebrity Endorsements, and Spam Email to Sell Their Unproven Dietary Supplements The Federal Trade Commission has obtained a court order temporarily halting a Glendale, California,...

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FTC Requires Cement Manufacturers Holcim and Lafarge to Divest Assets as a Condition of Merger

Divestitures Preserve Competition in 14 U.S. Markets for Cement Holcim Ltd. and Lafarge S.A. have agreed to divest  plants, terminals, and a quarry to settle Federal Trade Commission charges that their proposed $25 billion merger creating the world’s largest...

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