Recent News

TrueCar Settles California Dealer Suit

SANTA MONICA, Calif. — Third-party lead-generation site TrueCar Inc. has agreed to settle a lawsuit leveled by the California New Car Dealers Association (CNCDA). To persuade the dealer association to drop the case, TrueCar agreed to switch from a per-sale...

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BorgWarner appoints new COO

BorgWarner promoted Frederic Lissalde to chief operating officer, filling a post that has been vacant since James Verrier was named CEO in 2013. ... Read More »

FTC Publishes Staff Report on Exploratory Research Examining Consumer Recognition of Paid Search and Native Advertising Online

The Federal Trade Commission today released a staff report that summarizes agency-commissioned research from 2014-2015. The research explores consumer recognition of paid search advertising and “native advertising” that resemble news, feature articles, product...

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FTC Requires Retail Fuel Station and Convenience Store Operator Alimentation Couche-Tard Inc. and its affiliate CrossAmerica Partners LP to Divest 10 Fuel Stations in Minnesota and Wisconsin as a Condition of Acquiring Holiday Companies

Retail fuel station and convenience store operator Alimentation Couche-Tard Inc. and its affiliate CrossAmerica Partners LP have agreed to divest 10 fuel stations in Minnesota and Wisconsin to settle Federal Trade Commission charges that ACT’s proposed acquisition...

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TrueCar, California Dealers Association settle lawsuit

TrueCar agreed to change parts of its business model, including its billing, to settle litigation brought by the California New Car Dealers Association. ... Read More »

Ford to move autonomous, EV business units to Detroit

Ford is relocating its autonomous and electric vehicle units to Detroit from nearby Dearborn, Mich., with the new operation slated to be up and running early next year. ... Read More »

Breakthrough claimed in remote, electronic signature on auto finance contract

Technology provider RouteOne, in a venture with Toyota Financial Services, says it has successfully processed the industry's first remotely captured, electronic customer signature on a finance contract arranged through a dealership. ... Read More »

RouteOne Processes Industry’s First Remotely Executed Finance Contract

FARMINGTON HILLS, Mich. — RouteOne announced this week it has processed the industry’s first remotely captured, electronic customer signature on an indirect finance contract. The executed contract was booked with Toyota Financial Services (TFS).The...

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Mini goes minimalist with retooled logo

The new design, by Berlin ad agency KKLD, will be visible on all Mini models as of March 2018. ... Read More »

Scott Painter’s Fair Now Offers Insurance Coverage

SANTA MONICA — Through a partnership with risk-management service provider Assurant, Scott Painter’s Fair is now offering insurance coverage as part of the startup’s digital flexible ownership platform.Assurant’s partnership with Fair, which...

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