Recent News

FTC Recommends Steps to Improve Mobile Device Security Update Practices

Greater consumer education also needed about security updates A new Federal Trade Commission report finds that the complexity of the mobile ecosystem means that the security update process for patching operating system software on some mobile devices is intricate...

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Audi roars to life

Could the sound of an Audi bring someone back to life? ... Read More »

UAW veba trust to sell chunk of GM shares

The UAW's retiree health care trust plans to sell 40 million of its shares in General Motors, a move that could jeopardize the trust's seat on the automaker's board of directors. ... Read More »

KAR to spin off salvage auction business IAA

KAR Auction Services will spin off its salvage auction business unit within the next 12 months so both entities will be able to focus on separate priorities and boost shareholder value. ... Read More »

NextGear Enhances Account Management Platform

CARMEL, Ind. — NextGear Capital, a provider of inventory financing, announced the launch of AutoPay, a new feature within the company’s Account Portal management platform.Account Portal provides detailed, real-time account overviews for dealers and...

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U.S. trade officials meet Detroit 3 amid latest NAFTA push

American trade officials are due to meet auto industry executives on Tuesday in a possible sign of increased discussion of automotive content requirements that have become a sticking point in efforts to rework the NAFTA trade deal. ... Read More »

LMC, J.D. Power: Mixed Results Expected for February

DETROIT — February’s seasonal adjusted annual rate for retail new-vehicle sales is expected to fall by 400,000 from a year ago to 13.3 million units, according to the latest forecast from J.D. Power and LMC Automotive. The two firms put total retail...

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Intersections Launches Data Breach Readiness Program

CHANTILLY, Va. — Intersections Inc., provider of Identity Guard identity theft protection services, launched Data Breach Readiness, the first comprehensive data breach preparedness solution for small and medium-sized businesses, including auto dealerships.“The...

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DriveTime Names New CEO

TEMPE, Ariz. — Used-car retail DriveTime named a new CEO to replace Ray Fidel, who stepped down as the company's chief executive in January.The company announced that Don Reese, who most recently served as COO for Fairfax, Va.-based Sheehy Auto...

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GM teases next-gen GMC Sierra ahead of Detroit debut

The face of the redesigned 2019 GMC Sierra will feature evolutionary signature U-shaped LED headlights and more prominent taillights, according to teaser images the brand released on social media. ... Read More »
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