Recent News

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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Dr. Huey Antley to Lead KAR’s New Data Science Solutions Group

CARMEL, Ind. — KAR Auction Services Inc., a provider of end-to-end vehicle remarketing services, announced this week the formation of a new Data Science Solutions Group (KAR DataSci). It will be led by Dr. Huey Antley, a seasoned advanced analytics leader...

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Holman to Acquire Kuni Automotive

MAPLE SHADE, N.J. — Holman Automotive today announced it will be acquiring Kuni Automotive, creating the largest privately owned dealer networks in the country.The acquisition, which is expected to be finalized this summer, will connect Holman Automotive’s...

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Toyota gets a glimpse at Clemson students’ vision of future mobility

Toyota planners are scrutinizing a concept for an urban youth vehicle created for them by Clemson University's International Center for Automotive Research vehicle development program. ... Read More »

Alfa-Romeo Stelvio crossover breaks cover, expected in late 2017

Spy photographers in Europe have caught glimpses of the Alfa Romeo Stelvio, a crossover being developed off a new Giorgio platform that features prominently in the brand's plan for North America. ... Read More »

Porsche Macans grounded at ports get CARB approval, head to dealerships

After weeks of waiting, Porsche Cars North America on Monday received certification of its 2017 Macan from the California Air Resources Board. ... Read More »

FTC, DOJ Issue Joint Statement on Preserving Competition in the Defense Industry

Statement Highlights Factors Key to Assessing Risks Associated with Further Consolidation The Federal Trade Commission and the Department of Justice today issued a joint statement reaffirming the importance of preserving competition in the defense industry. The...

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Four Companies Agree to Stop Falsely Promoting Their Personal-Care Products as “All Natural” or “100% Natural”; Fifth is Charged in Commission Complaint

Products Contain Artificial Ingredients Such as Dimethicone and Phenoxyethanol Four companies that market skin care products, shampoos, and sunscreens online have agreed to settle Federal Trade Commission charges that they falsely claimed that their products are...

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