Recent News

Mazda profit falls on strong yen, lower N.A. sales

Mazda said quarterly profit fell 42 percent as foreign exchange rate losses hit earnings and sales slipped in North America and Japan. ... Read More »

Proposed new information collection as part of complaint process

On August 1, 2016 we will publish a notice of a proposed information collection in the Federal Register.  ... Read More »

Working to continually improve the complaint process for all

On August 1, 2016 we will publish a notice of a proposed information collection in the Federal Register.  ... Read More »

Apple taps BlackBerry talent as car project takes software turn, report says

Apple hired the former head of BlackBerry's automotive software division as new leadership at the iPhone-maker's car team places increased emphasis on developing self-driving technology, people familiar with the project told Bloomberg. ... Read More »

Mercedes pulls ad challenged by safety groups

Mercedes-Benz USA is pulling an ad for the redesigned 2017 E-class sedan after consumer and safety advocates on Wednesday called the spot misleading in its depiction of the vehicle's driver-assist systems. ... Read More »

BorgWarner adjusted Q2 earnings improve 9% as drivetrain business soars

BorgWarner reported adjusted earnings of $327.6 million in the second quarter, a 9 percent increase from the year-earlier period. Net income rose 11 percent to $164.4 million in the second quarter, the company said in a statement. ... Read More »

New York AG Suing Staten Island Dealer Group for Payment Packing

NEW YORK — New York Attorney General Eric T. Schneiderman's crackdown on payment packing continues. Today, he announced a lawsuit against two Staten Island dealerships owned by SG Hylan Motors Corp.: Staten Island Honda and Staten Island Nissan.The lawsuit...

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Get Certified, Get Trained

About a year before the Consumer Financial Protection Bureau (CFPB) released its controversial March 2013 guidance on dealer participation, agency officials were laying a plan for how it would regulate the auto finance segment. That plan was contained in a Feb....

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EchoPark, F&I Offset Sagging Sales Numbers for Sonic in Q2

CHARLOTTE, N.C. — Sonic Automotive’s reported a 2.6% drop in same-store retail sales from a year ago, which totaled 62,496 units. Poor retail sales, however, were offset by year-over-year gains in F&I and significant growth in profit at the publicly...

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ORIAS Offers Prize to Industry Summit Attendees

LAS VEGAS — Organizers of the upcoming Industry Summit have announced that Old Republic Insured Automotive Services (ORIAS) will award two $500 American Express gift cards in a random drawing of attendees who register by this Friday, July 29. The three-day...

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