Dallas dealership group fined for violating 2014 FTC consent orderThu, 18, Aug 2016
Southwest Kia, which operates three dealerships in the Dallas area, will pay an $85,000 penalty to settle charges by the Federal Trade Commission that it violated a 2014 consent order that prohibited it from deceptive advertising, the agency said.
Subprime auto lending gets blasted by comedian John OliverTue, 16, Aug 2016
Comedian John Oliver took a break from mocking Donald Trump and the Rio Olympics to warn about the dangers of subprime auto lending. Oliver devoted nearly 18 minutes of his weekly HBO show “Last Week Tonight” on Sunday to subprime auto lending.
Nissan to dangle 5-year, 100,000-mile warranty on 2017 Titan lineupMon, 15, Aug 2016
Nissan will offer a five-year/100,000-mile, bumper-to-bumper warranty on the 2017 Titan as it prepares to launch two new, volume variants of the large pickup. With the expanded warranty, Nissan hopes the Titan, still unfamiliar to many pickup buyers, will garner more consideration from truck shoppers.
Asbury expands online sales experimentMon, 15, Aug 2016
Asbury Automotive Group Inc. is trying a low-cost approach to selling vehicles online.
Sonic will offer online car-buyingMon, 01, Aug 2016
Sonic Automotive plans to launch technology by early next year that will allow it to offer customers the ability to complete an entire vehicle purchase online.
Wells Fargo faces U.S. probe over soldiers' car seizures, report saysThu, 28, Jul 2016
Wells Fargo is facing a U.S. investigation into whether it improperly repossessed cars owned by members of the military, two people with knowledge of the probe told Bloomberg.