Recent News

U.S. Senate Approves Resolution to Repeal CFPB’s Dealer Participation Guidance

WASHINGTON, D.C. — On Wednesday, five years and about a month since the Consumer Financial Protection Bureau (CFPB) put auto finance sources on notice for policies that allow dealers to mark up interest rates in exchange for service rendered, the U.S. Senate...

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Podium Earns BMW/Mini, FCA Endorsements

LEHI, Utah — Customer interaction platform provider Podium was recently endorsed by BMW/Mini of America and Fiat Chrysler Automobiles (FCA) as a preferred dealership service provider.With these endorsements, Podium joins a small set of providers selected...

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Next-gen Lexus ES teaser pic shows new contours, tweaked spindle grille

A teaser photo of the next-generation Lexus ES sedan, which debuts at the Beijing auto show next week, shows a more stylized body with a prominent version of its polarizing "spindle" grille. ... Read More »

FTC Testifies Before U.S. Senate Committee on Commerce, Science and Transportation Providing Update of Agency’s Efforts to Combat Illegal Robocalls

Commission is using “every tool at its disposal” to fight illegal pre-recorded calls The Federal Trade Commission today updated a U.S. Senate committee on the agency’s continued efforts to combat unwanted and illegal telemarketing robocalls. According to...

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FTC Undercover Inspections of Funeral Homes in 11 States Test Prompt Compliance with Funeral Rule Disclosure Requirements

FTC’s Funeral Rule requires funeral homes to provide itemized price lists to consumers Federal Trade Commission investigators, working undercover in 11 states, found failures to disclose pricing information required by the FTC’s Funeral Rule in 33 of the 134...

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Nissan, Ford, Fiat among losers as European sales fall 5%

Nissan, Ford and Fiat saw their European sales decline steeply in March as industrywide registrations fell by 5 percent, hit by drops in three of the region's five biggest markets, Germany, the UK and Italy. ... Read More »

German prosecutors investigate Porsche board member over emissions

German prosecutors are investigating current and former employees of Porsche, including a management board member, as part of their inquiries into emissions manipulations. ... Read More »

Ford launches shuttle service for nonemergency medical appointments

Patients can schedule pickup and drop-off times up to 30 days in advance of a nonemergency medical appointment. A driver will pick them up from their home or nursing facility and transport them to the hospital and back. ... Read More »

For GM, VW and their Chinese partners, breaking up may be hard

Some marriages are just too hard to break up. The many joint ventures between multinational automakers and their Chinese betrothed might be just that. ... Read More »

Tesla shifts to 24/7 Model 3 output to hit weekly target

Tesla will begin around-the-clock production at its Fremont, Calif., assembly plant as it tries to ramp up Model 3 output to 6,000 a week by the end of June, according to an internal company email. ... Read More »