Recent News

AutoNation, other dealers donate to Parkland, Fla., victims’ fund

AutoNation has donated $250,000 to a fund that provides relief and financial support to the victims and families of the Parkland high school shooting. ... Read More »

Tesla, Musk not favored by most do-good investment funds

Just 86 of about 1,200 do-gooder investment funds tracked by Bloomberg own Tesla shares. And of those, only seven count Elon Musk's company as a top-10 holding. ... Read More »

Wilbur Ross’ IAC dumps CEO Steve Miller, names Rea as replacement

International Automotive Components Group said it hired Natale Rea to replace auto industry veteran Robert "Steve" Miller as its president and interim CEO. ... Read More »

PSA begins to suspend its joint ventures in Iran to avoid U.S. sanctions

PSA has begun to suspend its joint venture activities in Iran to avoid United States sanctions after Washington's withdrawal from the international nuclear deal. ... Read More »

2018 GMC Terrain recalled for software defect

General Motors is recalling certain 2018 GMC Terrain vehicles because a software defect may prevent airbags from deploying during a crash. ... Read More »

AAGI Debuts Three New Products

SCHAUMBURG, Ill. — American Auto Guardian Inc. (AAGI) announced the addition of a trio of powerful new products joining its aftermarket lineup: AutoGuard Plus Mechanical GAP, AutoGuard Prepaid Maintenance, and AutoGuard Sentinel.A combination of exclusionary...

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Auto/Mate Integrates With Quik Video

ALBANY, N.Y. — Auto/Mate Dealership Systems has integrated its DMS with Quik Video, a provider of video technology to dealership service departments.With the addition of Quik Video, Auto/Mate customers have the option to create and send videos that can change...

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Phantom Debt Collectors Settle FTC Charges of Deceiving Consumers

A North Carolina debt collection operation, Lombardo, Daniels & Moss, and its principals, Dion Barron and Charles R. Montgomery III, will be banned from the debt collection business under settlements resolving Federal Trade Commission charges that they used...

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FTC, Department of Justice to Hold Workshop on Competition in Residential Real Estate Brokerage Industry

The Federal Trade Commission and Department of Justice will hold a joint public workshop in Washington, DC on June 5, 2018, to explore competition issues in the residential real estate brokerage industry.The workshop will take place at the FTC’s Constitution...

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Iran clash adds to automakers’ growing political risk

Global suppliers and even U.S. automakers will need to be extra careful about who they do business with to avoid getting tripped up by legal problems. ... Read More »
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