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VW diesel settlement extends to auto lending

UPDATED: 1/13/17 1:02 pm ET - adds VW statement

Volkswagen's settlement in connection with its diesel emissions scandal has spilled over into the vehicle-financing business. VW has agreed to pay $50 million in civil penalties to settle alleged violations of the law, after the Justice Department essentially charged it with tapping U.S. markets to finance fraud.

RouteOne acquires MaximTrak in bid to boost digital retail business

RouteOne has acquired F&I sales tool provider MaximTrak, effective as of now, RouteOne Holdings said Tuesday. Together, their goal is to position

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