Recent News

Va. Dealer Could Lose License Over Gambling, Drug Charges

SALEM, Va. — Virginia regulators are reviewing the case of auto dealer David Alan Thompson, who pleaded guilty on Feb. 27 to running an online sports gambling ring and was convicted last week on a drug charge for selling cocaine to a police informant. Typically,...

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Black Book Data Licensing VP Expands Role

LAWRENCEVILLE, Ga. — Black Book’s Jared Kalfus, vice president of Data Licensing, has expanded his role to oversee the company’s Lender Solutions division. He will maintain oversight of the company’s national sales team focused on licensing...

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March New-Car Sales Expected to Increase 2%

IRVINE, Calif. — Kelley Blue Book reported this week that it expects new-vehicle sales to rise nearly 2% year over year to 1.48 million units. The firm’s prediction for March’s seasonally adjusted annual rate is 15.7 million.First quarter total...

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GM’s new recall risk: replacement ignitions

As General Motors recalls 1.6 million vehicles that have defective ignition switches linked to at least 12 deaths, it faces another potential risk -- this time in the spare parts market. ... Read More »

Toyota buying back stock for first time since 2009 as cash grows

Toyota said it will buy back stock for the first time in five years as its cash pile swells and profit climbs. Toyota will repurchase as many as 60 million shares, equivalent to a 1.9 percent stake, for 360 billion yen ($3. ... Read More »

Barra vows ‘world class process’ for vehicle safety

General Motors CEO Mary Barra vowed in videos posted on YouTube today to implement "a world class process" for vehicle safety -- her first direct message to consumers affected by GM's recall of 1.6 million cars for a defective ignition switch. ... Read More »

Barra vows ‘world class process’ for GM vehicle safety

General Motors CEO Mary Barra vowed in videos posted on YouTube today to implement "a world class process" for vehicle safety -- her first direct message to consumers affected by GM's recall of 1.6 million cars for a defective ignition switch. ... Read More »

FTC To Host Symposium in Celebration of Agency’s Centennial

The year 2014 marks 100 years since President Woodrow Wilson signed the Federal Trade Commission Act, which established the Commission and serves as the keystone of the agency’s efforts to protect American consumers, stop unfair business practices and promote...

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GM stock drop shows Barra’s challenges go far beyond recalls

Less than three months into her tenure as GM CEO, Mary Barra has more than recalls to worry about. ... Read More »

FTC Testifies on Data Security Before Senate Commerce, Science and Transportation Committee

Commission Renews Call for Data Security Legislation In testimony before Congress today, the Federal Trade Commission renewed its call for data security legislation and provided an update on its efforts to protect consumers’ privacy in the...

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