November 26, 2020
News
GM Recalls 50,000+ Bolts
Staff Writer
November 25, 2020
GM has issued a recall of 50,932 Chevrolet Bolt vehicles for the potential of an unattended fire in the high-voltage battery pack underneath the back-seat’s bottom cushion. The affected vehicles’…
EPA Approves Disinfectant for OEM
Staff Writer
November 25, 2020
Mitsubishi Motors North America announced that Diamond Premium Care a non-abrasive, antimicrobial, no-contact disinfecting and deodorizing spray used on vehicle interiors and HVAC systems, is now approved by the Environmental…
Shift Enters Fort Worth Market
Staff Writer
November 25, 2020
Used car ecommerce platform Shift has announced the launch of its third consumer car-selling service in Texas with the addition of Fort Worth. After launching select vehicle acquisitions in the…
Optimus Ride Names CEO
Staff Writer
November 25, 2020
Optimus Ride, developer of autonomous vehicle technology systems, announced Sean Harrington has been appointed as its new CEO and member of its board of directors, effective Nov. 30. Harrington replaces…
Survey: Optimism for Dealer Valuations
Staff Writer
November 24, 2020
Automobile dealers are more optimistic about the valuation of their dealerships this year than last year, according to the second annual Kerrigan Dealer Survey. The survey was fielded by Kerrigan…
Auction Names New GM
Staff Writer
November 24, 2020
America’s Auto Auction has named Sarah Ruzicka as the general manager at its West Michigan auction location. Ruzicka follows the long tenure of industry veteran Carl Miskotten who originally purchased…
Fed Announces Thresholds in Reg Z, Reg M
Staff Writer
November 24, 2020
The Federal Reserve Board and Consumer Financial Protection Bureau announced the dollar thresholds in Regulation Z (Truth in Lending) and Regulation M (Consumer Leasing) that will apply for determining exempt…
Xcite Launches ReconLogic
Staff Writer
November 24, 2020
Chicago-based Xcite Automotive announced the launch of ReconLogic, a dealer-centered service that significantly streamlines the reconditioning and merchandising process of preparing vehicle inventory for sale. Now, vehicles can be “retail-ready”…
Mazda, Lexus Win Best Brand, CPO Awards
Staff Writer
November 23, 2020
U.S. News & World Report honored Mazda, Lexus and other brands as it unveiled its Best Vehicle Brand awards and Best Certified Pre-owned Program awards. The Best Vehicle Brand awards,…
