Recent News

Average U.S. new-vehicle mpg falls in August

The average stated fuel economy of new light vehicles sold in the United States fell in August and is down nearly 2 percent from the record high set a year ago, a University of Michigan report released today said. ... Read More »

Dealer to Pay $12,500 Fine for Illegal Leasing Practices

HARRISBURG, Pa. — Credit Connection Auto Sales in central Pennsylvania has reached a $12,500 settlement with the state’s attorney general for allegedly leasing vehicles that needed a considerable amount of repair work and using lease agreements that...

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Digitizing the F&I Process Increases Consumer Satisfaction, Study Shows

ATLANTA — Digitizing the F&I process can have lasting, positive impacts on customer satisfaction for automotive retailers, a new study from MakeMyDeal and F&I Express has concluded. Titled “The Digital F&I Experience Study,” the study...

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Bill Ford says health care co-op possible in UAW talks

Ford Motor Executive Chairman Bill Ford said the company is considering a health-care co-op, an issue the UAW has raised in negotiations on a new contract. ... Read More »

German carmakers win U.S. antitrust approval to buy Nokia maps

German carmakers BMW, Audi and Mercedes have won U.S. antitrust approval to buy Nokia's maps business for around 2.5 billion euros ($2.8 billion), the Federal Trade Commission said today. ... Read More »

AutoNation August sales drop 5% on calendar quirk

AutoNation's U.S. new-vehicle retail sales fell by 5 percent from a year prior to 31,032 vehicles in August, a decline driven largely by a drop in import sales and the Labor Day weekend falling completely in September this year. ... Read More »

When your child learns self-control, it helps their financial future too

The childhood years are an important time to learn about money. But money is an abstract concept. Even before young children’s brains are ready for the idea of money, they can start getting on track for a solid financial future. Young children can develop abilities...

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Hyundai brings back Nissan’s Hatami as U.S. sales chief

Derrick Hatami, who left Hyundai last January to become U.S. sales chief at Nissan, will return to Hyundai to fill the company's new vacancy for a U.S. sales chief. ... Read More »

FTC Moves Dallas Debt Collection Dialogue to Larger Venue, Re-Opens Pre-Registration

The Federal Trade Commission has moved the second Debt Collection Dialogue, the “Dallas Dialogue,” to Southern Methodist University’s Dedman School of Law on September 29, 2015. The FTC switched to this larger venue because the number of pre-registrations...

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Xbox One Promoter Settles FTC Charges That it Deceived Consumers With Endorsement Videos Posted by Paid ‘Influencers’

A California-based online entertainment network has agreed to settle Federal Trade Commission charges that it engaged in deceptive advertising by paying “influencers” to post YouTube videos endorsing Microsoft’s Xbox One system and several games. The influencers...

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