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Newsby StaffJanuary 21, 2020

KAR Global Names Lisa Price Its First Chief People Officer

KAR Auction Services Inc. announced that Lisa Price will take on the role of chief people officer.

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Newsby StaffJanuary 16, 2020

CFPB Announces Membership of Taskforce on Federal Consumer Financial Law

The Consumer Financial Protection Bureau (CFPB) announced four members who will serve on the Taskforce on Federal Consumer Financial Law.

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Newsby StaffJanuary 8, 2020

The Creation of the Alliance for Automotive Innovation

Two of the nation's largest automobile associations join forces to form the Alliance for Automotive Innovation.

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Newsby Tariq KamalDecember 31, 2019

Ghosn Skips Bail, Escapes to Lebanon

Convinced he was framed for financial crimes in Japan, former Nissan chief Carlos Ghosn somehow slipped past surveillance and fled to his home in Lebanon.

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Newsby StaffDecember 30, 2019

Top 10 Fraud Stories of 2019

A number of U.S. auto dealers and dealership sales and F&I personnel were the victims or alleged perpetrators in several major fraud cases this year.

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ArticlesDecember 30, 2019

Your Arbitration Agreement Is Governed by Federal Law? Maybe Not.

A case against a Connecticut dealership proves a knowledge of both state and federal rules may be necessary to successfully navigate the arbitration process.

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Newsby Tariq KamalDecember 26, 2019

WSJ: SEC Probing BMW Sales Reports

The Wall Street Journal reports the U.S. Securities and Exchange Commission is investigating accusations that BMW conspired with American dealers to inflate monthly sales reports.

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Newsby StaffDecember 26, 2019

Dealer Alleges Corruption, Saudi Ties in Nissan Lawsuit

Attorneys representing the Sage auto group say Nissan orchestrated the sale of two franchises to a dealer with ties to a Saudi businessman swept up in the Carlos Ghosn Scandal.

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Newsby Tariq KamalDecember 23, 2019

Police: Fla. Dealer Couple Faked 35 Sales Contracts

A Florida Highway Patrol investigation led to the arrests of husband and wife dealers accused of submitting at least 35 phantom RISCs for purchase by an auto finance company.

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ArticlesDecember 23, 2019

Digital-Driven Transparency Is the New Standard for Wholesale

Learn how the trend toward enhanced transparency and the tools that facilitate it will affect your used vehicle operation — today and in the future.

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