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LEGAL UPDATE: Sean Petersen, NIADA senior vice president of legal and governmental affairs, talks about recent legal issues affecting independent dealers.  One change in Nevada regulates the use of starter-interrupt and GPS devices.

CarMax CEO Retires

CarMax CEO Retires Featured

CarMax Inc. announced that Tom Folliard retired as chief executive officer of CarMax, effective Aug. 31.

As part of this previously reported management succession plan, CarMax’s Board of Directors elected CarMax president Bill Nash as chief executive officer, effective Sept. 2.

In addition, the Board elected Nash to serve as a director of CarMax. The Board named Folliard non-executive chairman of the board and Bill Tiefel lead independent director.

Read 10599 times Last modified on Thursday, 08 September 2016 18:17
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ADESA Adds Dealer Services Exec

ADESA Adds Dealer Services Exec

ADESA has named Steve Dudash vice president of dealer services. In this role, Dudash will lead the company’s more than 300 dealer sales professionals nationwide...

FTC Approve Fuel Guide Changes

FTC Approve Fuel Guide Changes

The Federal Trade Commission announced that the agency has approved changes to the Fuel Economy Guide.Adopted in 1975, the Guide (formally, the “Guide Concerning Fuel Economy Advertising for New Automobiles”)...

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