BMW's finance chief sees risks to group's Russia business

March 20, 2014 11:58 CET
BMW CFO Friedrich Eichiner said any worsening of the crisis between Ukraine and Russia would jeopardize the company's outlook.... Read More »


Officials bust vehicle fraud ring

12:01 am U.S. ET | Jan. 6, 2014
An international crime ring that fraudulently acquired vehicles from Canadian dealerships, drove them into the United States and shipped them to western Africa is being thwarted by a cooperative effort, authorities say.... Read More »


High-tech battle: Dealers vs. crafty thieves

12:01 am U.S. ET | Nov. 17, 2013
Stealing cars isn't always a messy game that leaves piles of broken glass at the scene.... Read More »


More pleas are likely in bid-rig probe

12:01 am U.S. ET | Sept. 30, 2013
Nine auto suppliers last week agreed to pay $740 million in criminal fines after pleading guilty to federal bid-rigging charges, but there are no signs that the U.S. Department of Justice's massive probe is winding down. An antitrust lawyer who is advising several suppliers that are under investigation said more guilty pleas are likely.... Read More »


Fuel smugglers cost Europe billions of euros in lost taxes

Aug. 27, 2013 06:01 CET
Rising fuel prices in Europe have led to a jump in smuggling and fuel-theft incidents that is costing governments in the region billions of euros in lost taxes.... Read More »


Ford surveillance system has got police officers' backs

12:01 am U.S. ET | Aug. 4, 2013
Ford has developed technology to give police officers more protection against someone sneaking up behind their vehicle.... Read More »


Mercedes leads U.S. in luxury-car theft as criminals target NYC

12:34 am U.S. ET | July 30, 2013
Mercedes-Benz vehicles were the most sought-after luxury brand among car thieves in the United States from 2009 through 2012 as the New York City region had the greatest number of thefts, an insurance-industry group said.... Read More »


Dodge Charger, F-250 popular with car thieves, crime stats show

12:01 am U.S. ET | July 9, 2013
The most theft-prone vehicle in America might be the Dodge Charger. Or it might be the Ford F-250 pickup truck. Those are the contradictory conclusions of the National Highway Traffic Safety Administration and the insurance industry-funded Highway Loss Data Institute.... Read More »


Export scammers' gain is dealers' pain

12:01 am U.S. ET | July 1, 2013
High prices and heavy demand for luxury cars and SUVs in China, caused in part by 25 percent tariffs on imported new vehicles, mean scammers, who illegally exported thousands of luxury vehicles to China, can often sell the vehicles for at least double what they would get in the United States.... Read More »



Public awareness helps fight fraud

12:01 am U.S. ET | June 17, 2013
Far too many times fraud takes place undetected for long periods. Then when it is discovered, minimal action is taken.... Read More »


Former Saab Chairman Muller will be questioned in Swedish tax inquiry

May 29, 2013 06:01 CET
Former Saab Chairman Victor Muller will be called in to answer questions related to a Swedish inquiry into alleged tax offenses at the carmaker, the country's Economic Crime Authority said.... Read More »


Former Saab CEO Jonsson, two other execs arrested on tax charges

May 21, 2013 13:04 CET
Three former Saab executives, including former CEO Jan-Aake Jonsson and Chief Financial Officer Karl-Gustav Lindstroem, were arrested by Swedish prosecutors in an accounting-fraud probe.... Read More »


Boston-area dealership had bird's eye view of bombing suspects' gunfight, arrest

4:23 pm U.S. ET | April 22, 2013
A week after the Boston Marathon bombings, the city was beginning to return to normal today with shops reopening and residents heading back to work. But three days ago -- when the area was under lockdown as officials searched endlessly for the second suspect involved in the blasts that left three dead and over 170 injured -- it was a different story.... Read More »


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How a Texas Toyota store solved used-car-supply challenge

How a Texas Toyota store solved used-car-supply challenge

Mike Shaw Toyota in Corpus Christi, Texas, needed more used cars. But driving 150 miles to the nearest auction was time-consuming and costly. Mon., April 14
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