Recent News

TrueCar buys retail software company DealerScience for $27 million

Vehicle-shopping site TrueCar has acquired DealerScience, a provider of digital-retailing software, for $27 million, the companies said Friday. DealerScience's founder will also join TrueCar's executive team effective immediately. ... Read More »

The Detroit auto show’s seven-year plan

The Detroit auto show, seeking to reinvent itself following decades as a January venue, has committed to seven years with its new June date. ... Read More »

Why Chevy is launching another employee pricing campaign

Chevrolet has launched a national employee pricing sales campaign on all 2018 and some 2019 models through the end of the year. ... Read More »

Opinion: This Is Why the Fintech Bubble Hasn’t Burst

Payment technology expert says dealers and F&I professionals who are waiting for fintechs to go the way of the early-2000s dotcoms shouldn’t hold their breath. ... Read More »

Tesla’s plan to make bond payment in March emerges

Tesla notified holders of bonds due in March that if they elect to convert the debt, they'll be paid with a 50-50 mix of cash and stock, according to a copy of a document seen by Bloomberg. ... Read More »

Trump’s pick to run CFPB wins approval from Senate

President Donald Trump will finally have his own permanent nominee running the Bureau of Consumer Financial Protection, a controversial agency that Republicans say has stifled economic growth. ... Read More »

FTC Settlements Will Ban Student Loan Debt Relief Operators From Engaging in Debt Relief Services

The operators of two Florida-based student loan debt relief schemes are banned from the debt relief business as part of agreements settling Federal Trade Commission allegations that they collected illegal upfront fees and falsely promised to help some consumers...

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Tesla’s top legal chief to leave, Washington lawyer named general counsel

Tesla General Counsel Todd Maron is leaving the company, adding to a long list of senior management departures this year. Tesla said it hired Washington lawyer Dane Butswinkas as his successor. ... Read More »

The 2018 Financial Literacy Annual Report sums up a year of achievements in financial education

Review the Bureau’s accomplishments and resources for financial education and financial well-being ... Read More »

GM CEO Mary Barry gets earful from angry Michigan congressional delegation over planned plant, job cuts

General Motors CEO Mary Barra came under harsh criticism from members of Congress from Michigan for building a new vehicle in Mexico while planning to end production at five North American assembly plants and cut more than 14,000 jobs. ... Read More »