Colorado dealership investigated for floorplan fraud Jan 07, 2020 01:25 pm | Joey Pizzolato Used-car dealer Tripoli Auto Sales has come under investigation by the Auto Industry Division of the Colorado Department of Revenue for failing to pay its two floorplan lenders...
Jim Lentz — the CEO of Toyota Motor North America for the past seven years and the man who helped guide the Japanese automaker’s North American operations for the past 14 years — will retire effective March 31 at the end...
Sajjad Khan heads up Mercedes-Benz’s future technology development, grouped under the name CASE, short for connected, autonomous, shared and electric. He recently spoke to Automotive News Europe Correspondent Christiaan Hetzner about the challenges slowing the...
FRANKFURT — German public prosecutors raided the Wolfsburg headquarters of Volkswagen on Tuesday in the latest investigation into the automaker’s diesel emissions scandal. Prosecutors said investigators aimed to confiscate documents. Volkswagen, which...
PARIS — Renault, Nissan and Mitsubishi plan to appoint a general secretary at the helm of their partnership to boost cooperation and reboot joint operations after the departure of former alliance CEO Carlos Ghosn. Renault is trying to repair relations with its...
Western Michigan stamping company Gill Corp. and German auto supplier Benteler Automotive Corp. have reached an out-of-court agreement after a lawsuit filed by Benteler alleged that Gill breached scheduling agreements that could have impacted its parts for Ford, Fiat...
General Motors is recalling more than 640,000 pickups that could cause a fire when seat belt pretensioners deploy during a crash. Certain 2019 and 2020 Chevrolet Silverados and GMC Sierras are included in the recall: the Chevrolet Silverado and GMC Sierra 1500 and the...
It’s almost Thanksgiving, the frost is on the pumpkin and it’s time to head to Southern California and crank up the Randy Newman. While auto shows fall out of favor for major vehicle reveals and flashy displays, Los Angeles has held on remarkably well,...
NMAC wins $2.5m in floorplan fraud case A federal judge has ruled in favor of Nissan Motor Acceptance Corp. after it was determined a used-car dealership defrauded the captive on its floorplan loan by selling vehicles out of trust. Helena, Mont.-based Robert Allen...
October Sales: SAAR Could Hit 17M for 5th Straight Year The latest report shows U.S. new car dealers are on pace for yet another 17 million-unit year, led by gains at Japanese and Korean factories, increased incentive spending, and fleet sales. Read More...
