Recent News

Lithia buys New Jersey stores from Prestige

Lithia Motors bought six stores from Prestige Family of Fine Cars group in New Jersey, further expanding its East Coast presence and adding $900 million in revenue. ... Read More »

APCO Adds Anne Bélec to Board of Directors

NORCROSS, Ga. — APCO Holdings Inc., the parent company of the EasyCare and GWC brands, announced the addition of Anne Bélec to its board of directors.Bélec brings extensive experience in brand management. She spent 24 years with Ford Motor Co.,...

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FrogData Names Arenson Senior Sales Consultant

LONG BEACH, Calif. — FrogData named Paul Arenson as senior sales consultant, continuing a “rapid expansion,” according to the company. Arenson comes to FrogData with more than two decades of automotive industry experience, most recently at Dealertrack,...

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Ford: Sales fall on big drop in SUV volume

Ford U.S. sales fell nearly 7 percent in February as strong sales of its pickups couldn't overcome double-digit drops for the Escape crossover and its overall lineup of utility vehicles. ... Read More »

FCA says Feb. U.S. sales drop 1.4 percent; fleet share at 26% of sales

FCA saw its sales decline for an 18th consecutive month in February, falling 1.4 percent to 165,903 vehicles. ... Read More »

Statement of Federal Trade Commission Concerning the Proposed Acquisition of Luxottica Group by Essilor

The Federal Trade Commission issued a statement on its vote to close the investigation of the proposed merger of European eyewear makers Essilor and Luxottica Group.According to the statement, the evidence did not support a conclusion that Essilor’s proposed...

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FTC Celebrates 20th Anniversary of National Consumer Protection Week

Agency, partners to share free resources for consumers and host social media events March 4-10 The Federal Trade Commission and its partners across the country will participate in the 20th anniversary of National Consumer Protection Week (NCPW), held March 4-10,...

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FTC Releases Annual Summary of Complaints Reported by Consumers

Note: A conference call for media with Tom Pahl, Acting Director of the FTC’s Bureau of Consumer Protection, will occur as follows: Date: March 1, 2018Time: 1 p.m. ETCall-in info: 1-800-230-1093; Confirmation Number: 445559Call-in lines, which are for media...

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KBB: Average New-Car Prices Rise 2% in February

IRVINE, Calif. — Kelley Blue Book put February’s estimated average transaction price for light vehicles at $35,444. That’s up $722 from a year ago but down $96 from January.Even with new-vehicle demand expected to continue to slow in 2018, average...

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Subaru shuffles top execs following inspection scandal, report says

Subaru is shuffling top executive roles ahead of schedule in the aftermath of a safety inspection scandal, the Nikkei reported. ... Read More »
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