Earlier this year the Federal Trade Commission (“FTC”) began to crack down on several dealerships in South Dakota, North Carolina, Connecticut and West Virginia who were running advertisements which may have violated the Truth in Lending Act. Add

Chrysler Group LLC Reports October 2012 U.S. Sales Increased 10 Percent; Best October Sales in Five Years Auburn Hills, Mich.  – Chrysler Group LLC reported U.S. sales of 126,185 units, a 10 percent increase compared with sales in October 201

American Suzuki announced late yesterday that it is filing for bankruptcy and will withdraw from the U.S. market. Edmunds.com Senior Analyst Jessica Caldwell offers the following reaction: “No one should be surprised by this announcement, given

Not many dealerships can say their original showroom’s façade was designed by Henry Ford, or that the chandelier hanging there now was a gift from him. Then again, not many dealerships are candidates for the national registry of historic buildings

Auburn Hills, Mich. — Mopar® announced today the expansion of its remanufactured CV Axle Half Shaft product line in its portfolio of remanufactured parts, the newest addition in a long line of authentic remanufactured products offered by Chrysler

NEW YORK, Nov. 2, 2012  —  Ally Financial Inc. (Ally) today reported net income of $384 million for the third quarter of 2012, compared to a net loss of $898 million in the prior quarter and a net loss of $210 million for the third quarter of

The first John T. Grappone Spirit of Excellence Award, given by the New Hampshire Automobile Dealers Association (NHADA), was recently presented to Paul Holloway, president of Holloway Automotive Group. This annual award goes to an NHADA member who h

Company expects full repayment in December 2012 DETROIT — Ally Financial Inc. (Ally) today announced it has repaid $2.9 billion in debt issued under the FDIC’s Temporary Liquidity Guarantee Program (TLGP). The company issued this debt on

ASI echoes housing sector with slow, but positive growth Nashville, TN — 10/31/2012 — Dataium, the largest aggregator of online automotive shopper behavior, today released its monthly ASI report. The ASI (Automotive Shopper Intensity) index, a le