December 09, 2021
Dealer News
Cox: Used Sales Fall in July
Staff Writer
August 10, 2021
According to Cox Automotive estimates, total used vehicle sales were down 15% year-over-year in July. Cox estimates the July used SAAR to be 38.5 million, down from 44.8 million last…
State Targets Catalytic Convertor Thefts
Staff Writer
August 08, 2021
This summer, a new consumer protection law in Tennessee is addressing the rising theft and resale of catalytic converters across the state. “This new law was created with the input…
Used Prices, Days-to-Turn Dip
Staff Writer
August 05, 2021
Black Book reports that retail used prices are beginning to fall. “In April and May, retail prices picked up speed as demand accelerated, fueled by stimulus payments, tax season, and…
ADP: Job Growth Slows
Staff Writer
August 05, 2021
Private sector employment increased by 330,000 jobs from June to July, according to July’s ADP National Employment Report. The report, which is derived from ADP’s actual payroll data, measures the…
Auto Complaints Top 2020 List
Staff Writer
August 05, 2021
Complaints about the auto industry topped a July report from the Consumer Federation of America on the Top 10 Consumer Complaints of 2020 made to state and local consumer agencies.…
Man Pleads Guilty in Dealership Shooting
Staff Writer
August 04, 2021
A Kansas City man pleaded guilty in federal court last month to the botched robbery of a Grandview, Mo., auto dealership that included a shootout with the owner and the…
New FDCPA Rules Set for Fall
Staff Writer
August 03, 2021
The Consumer Financial Protection Bureau (CFPB) announced that two final rules issued under the Fair Debt Collection Practices Act (FDCPA) will take effect as planned, on Nov. 30. The CFPB…
FTC Settles Dealer Fraud Case
Staff Writer
August 02, 2021
The FTC reached an agreement with Richard Berry, the owner of a group of bankrupt auto dealerships in Arizona and New Mexico, to resolve charges that he and the dealerships…
Used-Car Prices Jump 32.7%
Staff Writer
August 02, 2021
According to iSeeCars.com’s latest analysis of over 1.9 million used car sales in June, used car prices increased 32.7 percent, or $7,583, compared to the same period the previous year.…
