Sales of full-size SUVs and pickups — and a decreased appetite for small cars — pushed the average U.S. new vehicle transaction price to $49,275 in March. +
Lindsay Automotive owes $3.1 million to Maryland and up to $75 million to customers of three D.C.-area dealerships as part of a settlement with state and federal regulators. +
A diverse group of experts and innovators will bring agents up to speed on new and emerging technology and compete for their votes in a series of rapid-fire pitches. +
Average amounts financed, monthly payments and repayment terms all grew on a year-over-year basis in the first quarter, putting auto finance on shaky ground. +
A new integration adds ImpactMenu data to Reahard’s F&I Insight platform, giving agents and dealers a “game tape” they can review and use to improve F&I performance. +
The Swickard auto group will pay Alaska up to $1 million to settle charges of unfair and deceptive advertising practices and violations of state laws governing used car sales. +
An AI-driven menu system is at the core of an update to Vision Dealer Solutions’ Vision Menu Plus that was designed to improve consistency, customer engagement and decision-making. +
A new AutoPayPlus survey of auto dealers and F&I executives reveals deep concerns over ever-lengthening loan terms that can trap consumers in long purchase cycles. +
A judge has ordered Abigail Kampmann to pay $20 million to Mark Smith, her soon-to-be former partner in the five-dealership, San Antonio-based Principle Auto group. +
Trinity Antonetty faces up to 30 years in federal prison on a single fraud count after prosecutors say she claimed to be a highline dealer in an attempt to explain a flagged check. +
