Recent News

CFPB: BHPH Dealer to Pay $800,000 for Abusive Financing Practices

WASHINGTON, D.C. — The Consumer Financial Protection Bureau has taken action against Herbies Auto Sales for abusive financing schemes, hiding auto finance charges and misleading consumers. The buy-here, pay-here dealership will be required to pay $700,000...

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Honda updates, improves composite bed in new Ridgeline

In updating its Ridgeline midsize pickup, Honda aimed to create the ultimate tailgating tool. A new type of in-bed audio system forgoes conventional speakers, which could be easily damaged in a cargo area. ... Read More »

FTC Announces New Clayton Act Monetary Thresholds for 2016

Annual Update of Thresholds for Premerger Notification Filings and Interlocking Directorates As required by law, the Federal Trade Commission has revised the monetary thresholds that determine whether companies are required to notify federal antitrust authorities...

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GM bundles, expands ride-sharing efforts under new Maven brand

GM is consolidating and expanding its car-sharing programs under a new brand, Maven, in its latest push to adapt to new business models that could threaten to undercut the way automakers have made money for decades. ... Read More »

Nissan passes on Super Bowl 50 ads

One year after returning to NFL Super Bowl advertising for the first time in 18 years, Nissan is back off the field. The company said Wednesday that it has decided to skip Super Bowl 50. ... Read More »

UDS’s Romani Joins Dealer Summit Roster

TAMPA, Fla. — Organizers of Dealer Summit announced that United Development Systems Inc. (UDS)’s Fernando Romani has agreed to speak at the event, which is scheduled for May 3–5, 2016, at the Sheraton Tampa Riverwalk Hotel.“Fernando brings...

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VW overhauls development process to prevent another diesel scandal

Volkswagen AG is changing the way it creates new models by giving developers more responsibility for overseeing a car from concept through the end of production to help prevent another diesel emissions scandal. ... Read More »

Obama takes one more Detroit victory lap

President Barack Obama, facing Republican criticism over the state of the economy, did another Detroit victory lap Wednesday to showcase the auto companies his administration helped save, but the industry has not turned out the way he hoped in 2009. ... Read More »

BMW’s next Z roadster spied

It has been three years since BMW and Toyota signed a product development partnership that's expected to spawn sports cars for BMW and Toyota. ... Read More »

Kia’s high-riding hybrid set for Chicago debut

Kia plans a Chicago Auto Show debut for the crossover-styled Niro that will be the brand's first dedicated hybrid model. ... Read More »
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