Recent News

FTC to Hold Workshop Examining Online Event Ticket Sales

WHAT:The Federal Trade Commission will host a workshop examining consumer protection issues related to the online event-ticket marketplace.WHEN:Tuesday, June 11 9:30 a.m. - 4:15 p.m. ET (Doors open at 8 a.m. ET)WHERE:Constitution Center400 Seventh St., SWWashington,...

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FTC Hearings on Competition and Consumer Protection in the 21st Century Conclude with a Session Featuring State Attorneys General

June 12 hearing at Creighton University will focus on areas of commonality WHAT:The Federal Trade Commission will host the 14th and final session of its Hearings on Competition and Consumer Protection in the 21st Century.WHEN: Wednesday, June 12, 8:30 a.m. - 5:00...

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Canon Inc., Toshiba Corporation Agree to Pay $5 Million for Violating Federal Antitrust Laws

Canon and Toshiba failed to observe the required waiting period in Canon’s $6.1 billion acquisition of Toshiba’s Toshiba Medical Systems Corporation Canon Inc. and Toshiba Corporation have agreed to settle Federal Trade Commission charges that the companies...

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Nissan CEO got higher stock-linked bonus after payout date changed, Kelly says

In his first interview since his arrest for alleged financial misconduct, Greg Kelly said Hiroto Saikawa was due to get a stock appreciation rights payment pegged to Nissan's share price on May 14, 2013, but got it based on a higher price a week later. ... Read More »

Wells Fargo agrees to pay customers $386M over unwanted auto insurance

The settlement covers class-action claims that Wells Fargo signed customers up for unwanted or unneeded auto insurance policies when they took out car loans.  ... Read More »

FCA-Renault revival may hinge on Nissan stake cut, report says

Nissan is poised to urge Renault to significantly reduce its 43.4 percent stake in the Japanese company in return for supporting a FCA-Renault tie-up, two people with knowledge of the matter told Reuters. ... Read More »

Fiat’s U.S. dealers, once optimistic, are in the dark on the brand’s future

In the U.S., more Jeeps are sold every four days than the number of Fiats likely to be purchased in all of 2019. That's the bleak reality for Fiat. ... Read More »

Needed: Dealership compliance officers

For years, compliance consultants and lawyers have given this advice to dealerships: Appoint a compliance officer. Yet despite the numerous regulations auto retailers must consider, the compliance officer post is largely understaffed and unsolicited. ... Read More »

Group 1 launches online sales platform

Group 1's AcceleRide allows visitors to browse new and used inventory, customize features, select financing and payment terms and coordinate delivery to their home, office or local dealership. ... Read More »

Ford’s director of global strategic design, David Woodhouse, resigns

Woodhouse, who had been with the company for 20 years, helped turn around Lincoln by crafting the luxury brand's new "quiet flight" design philosophy. ... Read More »