Recent News

EFG, F&I Express Integrate Econtracting Capabilities

DALLAS — EFG Companies and F&I Express announced a partnership wherein both companies will fully integrate their econtracting capabilities in an effort to better serve their dealership clients.“At EFG Companies, we understand that no two dealers...

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GoMoto Adds Kelley Blue Book Integration to Platform

PHILADELPHIA — GoMoto announced this week it has integrated Kelley Blue Book's appraisal tool into its Customer Experience platform. The connection will allow GoMotor users to provide customers with vehicle trade-in values as part of the initial customer...

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Penske Acquires Canadian Truck Dealer Group

BLOOMFIELD HILLS, Mich. — Penske Automotive Group announced this week that its Premier Truck Group subsidiary has completed the acquisition of Harper Truck Centres — a Freightliner, Western Star, Thomas Built Bus and Fuso commercial truck dealership...

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Delphi wins appeal with IRS, can be considered British company

Delphi Automotive has won an appeal with the U.S. Internal Revenue Service and can be considered a British company, the automotive supplier said in a filing with U.S. securities regulators today. ... Read More »

FTC and Justice Department Officials Meet with Officials of Chinese Antitrust Agencies

Federal Trade Commission Chairwoman Edith Ramirez and Assistant Attorney General Bill Baer of the U.S. Department of Justice’s Antitrust Division participated in high level bilateral meetings with officials responsible for China’s three anti-monopoly agencies...

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Plaintiffs eye path ahead in GM ignition-switch cases

Lawyers for plaintiffs suing GM over injuries and deaths blamed on faulty ignitions switches plan to forge ahead with further trials this year despite promising recent developments for the company. ... Read More »

Akebono lands new U.S. CEO from Mahle Behr

Akebono Brake has named former Mahle Behr executive Wilm Uhlenbecker as its U.S. CEO, replacing interim CEO Kanji Miyajima. Uhlenbecker was president of air conditioning and engine cooling supplier Mahle Behr America Inc. ... Read More »

VW plans bonus cuts after diesel scandal pressure, report says

Volkswagen may make significant cuts to bonuses for senior managers, people familiar with the matter told Reuters, in an attempt to resolve an internal dispute over executive pay following the diesel emissions scandal at the German carmaker. ... Read More »

Compliance Summit to Hit Tampa, Las Vegas in 2016

TAMPA, Fla. — Organizers of Compliance Summit, a series of regional events dedicated to front-end compliance for dealers and dealership management, announced that events will be held in Tampa and Las Vegas this year following stops in Chicago and Austin,...

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GM Financial Breaks Ground on New Financial Servicing Center

FORT WORTH, Texas — General Motors Financial Company Inc. broke ground on a new financial servicing center in San Antonio, Texas, on Monday. The new San Antonio Servicing Center, according to the company, represents GM Financial’s continued strategic...

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