Dealer News

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…
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…
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…
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.…
TrueCar forecasts total new-vehicle sales will reach 1,292,064 units in July 2021, up just 1% from a year ago but down 8% vs. June 2021, when adjusted for the same…
The Conference Board Consumer Confidence Index was relatively unchanged in July, following gains in each of the prior five months. The Index now stands at 129.1 (1985=100), up from 128.9…
Penske Automotive Group and Cox Automotive have jointly developed a transformational, fully automated technology platform to enable the online retail sale of used vehicles. The automated online buying platform, which…
The 4Less Group, Inc. reports that it expects to launch a beta version of its multi-vendor automotive parts marketplace, Autoparts4less.com, on Aug. 25. The beta version will have a diverse…
The Chicago Auto Show opened to the public this week with a 2021 Special Edition taking place through July 19 inside McCormick Place’s West Building and outdoors along Indiana Avenue.…