The Federal Trade Commission today charged Sage Auto Group with using deceptive and unfair sales and financing tactics, including so-called “yo-yo” financing.
U.S. new-vehicle sales are projected to decline for a second consecutive month, even as incentive spending reaches a record high. The forecasts reinforce the notion that industry sales have leveled off after six consecutive years of gains coming out of the recession.
Peter Schreyer, Kia and Hyundai's chief design officer, is optimistic the Telluride will be approved for production following a positive reception for a concept shown at the Detroit auto show. The production version of the Telluride, the largest SUV or crossover in the Kia lineup since the Borrego was dropped, would maintain the general size and proportions of the concept.
Cadillac says it isn't trying to push small dealers out. It's just giving them a simpler alternative to what brand boss Johan de Nysschen warns will
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