Recent News

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 »

Lithia buys more stores near Pittsburgh

Lithia Motors expanded its presence in Pittsburgh with the purchase of Day Automotive Group. Day is estimated to generate $340 million in annual revenue. ... Read More »

Sonic’s Q4 net income jumps on tax changes

Sonic Automotive's fourth-quarter net soared on gains related to corporate tax changes. Same-store gross profit grew in all operations except used vehicles. ... Read More »

Darwin Adds Accessories Functionality With RevolutionParts

ISELIN, N.J. — F&I software provider Darwin Automotive announced it has developed an exclusive algorithm for RevolutionParts, an auto parts ecommerce solution for dealerships.The new algorithm was designed to use the vehicle’s VIN number to...

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PayPal Settles FTC Charges that Venmo Failed to Disclose Information to Consumers About the Ability to Transfer Funds and Privacy Settings; Violated Gramm-Leach-Bliley Act

The Federal Trade Commission has reached a settlement with PayPal, Inc. over allegations that the company told users of its Venmo peer-to-peer payment service that money credited to their Venmo balances could be transferred to external bank accounts without adequately...

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FTC to Host Third PrivacyCon on February 28

WHAT: The Federal Trade Commission (FTC) to host the third annual PrivacyCon, which will focus on the economics of privacy. A student poster session featuring presentations from the next generation of privacy and data security researchers will coincide with PrivacyCon.WHEN:Wednesday,...

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NAFTA negotiator for autos called to D.C. for consultations

A senior United States negotiator leading the area of NAFTA talks relating to regional content requirements for autos has returned to Washington for consultations, delaying conversations in Mexico. ... Read More »

Dealership ex-controller pleads guilty to stealing $1.1 million

A former controller faces 20 years in jail and a $2.3 million fine for embezzling more than $1 million from a Connecticut dealership. ... Read More »