John Huetter

Shuttered dealerships moved vehicles inside ahead of life-threatening storm surges, hurricane-force winds.

Senate Bill 1311 would reduce GAP sales to military consumers, Guaranteed Asset Protection Alliance Executive Director Tom Keepers said.

Suspects' photos allegedly appeared with stolen victim information on drivers' licenses used in deals for $297K worth of late-model Range Rover Sports.

The Federal Trade Commission reached a $7.2M settlement with the four-dealership group itself in 2020, but Tate's Auto Group had already sought Chapter 7 bankruptcy protection.

Hurricane-force winds, flooding among threats to dealerships in Florida from Hurricane Ian, now a Category 4 storm, according to the National Weather Service's National Hurricane Center.

GM Financial CEO Dan Berce said experience with the Chevrolet Bolt shows ALG EV residuals to be conservative and the vehicles to have better resale value than forecast.

GM Financial CEO Dan Berce told the J.P. Morgan Auto Conference his company needed to write more EV debt to justify issuing a green bond, but the captive finance business would probably be ready by late 2023 or 2024.

The comments from the NADA were among thousands received by the FTC on its proposal to curtail bait-and-switch auto dealership price advertising, misleading F&I practices and F&I vehicle protection products without value.

The Alliance for Automotive Innovation also asks the FTC to clarify its language banning car dealers from selling F&I products duplicating auto warranties.

Federal Trade Commission predicts car shoppers would save three hours as a result of its new proposed regulations on car dealers. Think tank argues this is not so.

Nearly half of franchised dealers surveyed said economic conditions were holding back their business during the third quarter, and 40 percent said interest rates were holding their companies back. Those proportions rose significantly from the second quarter.

The National Automobile Dealers Association urges opposition to Federal Trade Commission auto dealership regulations as Sept. 12 public comment deadline nears.

Toyota Financial Savings Bank COO Brock Bayles has become vice president of Toyota Financial Services' private label business and will assume the Mazda Financial Services president title soon. He has been leading Mazda Financial during the transition, though.

Though contested by the plaintiff, a signature on an arbitration line in the retail installment sales contract still allowed defendants Louisville Chrysler-Dodge-Jeep-Ram and American Credit Acceptance to move the dispute out of court.

Lithia Motors said its captive Driveway Finance Co. is doing better than expected and could have a role in 9-10 percent of transactions by end of 2022.