Recent News

FTC Approves Final Order Preserving Competition in U.S. Markets for Two Types of Orthopedic Devices

Following a public comment period, the Federal Trade Commission has approved a final order settling charges that the $3.3 billion merger  between Wright Medical Group, Inc. and Tornier N.V. would likely be anticompetitive.   Under the order, first announced...

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FTC Brings Action to Stop Marketer from Making Deceptive Opiate Addiction and Withdrawal Treatment Claims

Action Announced as Part of Joint Agency Dietary Supplement Sweep The Federal Trade Commission filed a lawsuit in federal court to stop a dietary supplement marketer from making misleading claims that its product can help treat and even cure people who are addicted...

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VW readies Beetle Dune, Denim for U.S. showrooms

VW has dangled Beetle Dune concepts before but promises the latest version will be built starting next year in coupe and convertible models. ... Read More »

Takata airbag recall gets more complicated, and messy

Craig Jorgensen owns a Honda CR-V and a Toyota Avalon, both originally fitted with potentially deadly Takata airbags. His experience in the biggest combined safety recall in U.S. automotive history shows just how complicated the process is. ... Read More »

Nissan’s speedy finger challenge

A new spot this week from Nissan is offering $500 to test your reflexes. ... Read More »

Auto Loan Balances Top $1 Trillion in Q3, TransUnion Reports

CHICAGO — Auto loan balances surpassed $1 trillion in the third quarter, rising 11.1% from a year ago according to TransUnion. In the past year, auto loan balances have increased by $101 billion.The credit reporting agency also reported that auto balances...

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House to Vote on CFPB-Altering Bill This Week

WASHINGTON, D.C. — The U.S. House of Representatives is expected to vote this week on a bill that would rescind the Consumers Financial Protection Bureau’s guidance on dealer participation and add a few more steps in to its guidance-writing activities.The...

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TrueCar exec Dominique to leave at year’s end

Larry Dominique, executive vice president of industry solutions at TrueCar, is leaving at the end of the year in the latest executive departure at the online shopping site. ... Read More »

Auto execs expect uptick in MandA deals through 2016

Global automotive merger and acquisition activity is expected to increase in the next 12 months, according to a recent survey of auto executives. ... Read More »

Larry H. Miller Group names a new board of directors

Larry H. Miller Group of Cos., the nation's fifth-largest private auto dealership group, has a new board of directors. ... Read More »