Recent News

Postal Service names six finalists to design next delivery vehicle

The U.S. Postal Service has named six companies as finalists in a competition to design its delivery vehicle of the future. A total of $37.4 million will be divided among the six companies, which will produce about 50 prototypes. ... Read More »

Fed Leaves Rates Unchanged

WASHINGTON, D.C. — In a 7-3 decision, the Federal Reserve elected to keep interest rates at the 0.25% to 0.50% level it has maintained since the last interest rate hike in December of 2015.In a statement following its decision, the Federal Open Market Committee...

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Reynolds Now Offers 30 State-Specific F&I Documents Libraries

DAYTON, Ohio — The Reynolds and Reynolds Co. announced that Reynolds Document Services has developed 30 state-specific Reynolds LAW brand F&I documents libraries, surpassing the midway point of its goal to create LAW F&I libraries for all...

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CFPB Suing Five Arizona Auto-Title Lenders

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) filed individual lawsuits against five title lenders operating in Arizona for failing to disclose the annual percentage rate (APR) in online advertisements about auto-title loans. It is seeking...

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Former Senior Manager for VW Joins Dent Wizard’s KhS Business Unit

ST. LOUIS — Dent Wizard International today announced it has appointed Scott Goodwin as vice president of OEM services for the company's Know How Systems (KhS) business unit.In this role, Goodwin will be responsible for KhS’s newly established OEM services...

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How Jerry Dias convinced GM to invest in Canada again

Unifor President Jerry Dias' top goal in negotiations with General Motors was to buck a trend: the shift of auto investments away from Canada toward Mexico. On that, it appears he will be successful. But how? ... Read More »

OptionSoft, CDK Lightspeed Announces Data Integration

CLIFTON PARK, N.Y. — Software firm OptionSoft Technologies Inc. today announced data integration with CDK Global Recreation, which specializes in dealer management software for the powersports, RV, and marine dealers.The integration allows dealers on the...

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Toyota says ad agency Dentsu disclosed ‘irregularities’ around transactions in Japan

Toyota says its longtime advertising partner, Japanese agency giant Dentsu, has informed it of "irregularities" related to some digital media business transactions. ... Read More »

Tesla sues Michigan in U.S. court over direct sales ban

Tesla Motors is suing the State of Michigan in federal court over its law banning the direct sales of vehicles to consumers. ... Read More »

FTC Action: Debt Collector Banned from Collection Business

A debt collection company’s former vice president will be banned from the debt collection business under a settlement with the Federal Trade Commission. The FTC’s complaint against Commercial Recovery Systems Inc. (CRS), its president Timothy Ford, and its...

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