Recent News

FTC Charges Education Lead Generator with Tricking Job Seekers by Claiming to Represent Hiring Employers

Settlement Bans Operators of from Deceptive Lead Generation Tactics In the agency’s first enforcement action against an education lead generator, operators of have agreed to settle Federal Trade Commission charges that the company claimed...

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Mitsubishi says 2013-17 audit showed no U.S. testing flaws

Mitsubishi Motors, embroiled in a scandal over inflated fuel economy ratings for small cars sold in Japan, said today that an internal audit has found no testing problems with cars sold in the United States between model years 2013 and 2017. ... Read More »

April U.S. sales expected to rise 4% with SAAR of 17.4-17.6 million

U.S. new-vehicle sales in April are projected to rise about 4 percent from a year ago, according to four forecasts, easing concerns that the market is weakening. ... Read More »

Superior Industries more than triples Q1 net income

Aluminum-wheel supplier Superior Industries more than tripled its first-quarter net income, driven by a 25 percent gain in wheel shipments. ... Read More »

N.Y. Dealer Admits to Falsifying Auto Loan Applications

SYRACUSE, N.Y. — The part owner and CEO of a New York-based auto group pleaded guilty last month to submitting false statements on auto finance documents to influence a financial institution.Gerald McDonald, part owner and CEO of Parkway Country Polaris,...

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ChannelNet Forms Digital Solution Agreement with Hyundai Capital Canada

DEARBORN, Mich. — ChannelNet announced this week it will begin building customer lifecycle management programs and dealer portals for Hyundai Motor Finance and Kia Motors Finance in Canada as part of its new contract with Hyundai Capital Inc.According to...

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Demand for Alternative Fuel Vehicles Dwindling, NADA Says

MCLEAN, Va. — Of the 17.5 million vehicles sold last year, less than 500,000 were alternative fuel vehicles. According to the NADA Used Car Guide, that statistic wasn’t an outlier; the demand for alternative-fuel vehicles has been dwindling for years....

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KBB: Low Fuel Prices Have Used-Vehicle Buyers Flocking to High-Performance Segments

IRVINE, Calif. — The used high-performance and sport car segments outperformed every other vehicle segment at auction during the first quarter of 2016, according to Kelley Blue Book’s Blue Book Market Report for the first quarter.  “Interestingly,...

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Ford issues five recalls for 285,000 N.A. vehicles

Ford today issued five recalls covering a total of about 285,000 vehicles in North America for problems that include transmissions downshifting into first gear at high speeds, poor welding and tires damaged by a factory conveyor belt. ... Read More »

Volvo announces 3 regional executive moves in U.S.

Volvo Car USA has announced three executive changes in its regional structure effective May 1. ... Read More »