Friday, October 4, 2019

Growth opportunities increase for retailers

Growth opportunities increase for retailers https://ift.tt/333Ltbt

An industry analysis finds franchised retailers have an advantage in pursuing new ventures in the next few years.

Bart Reagor owes Ford Credit $54 million, jury decides

Bart Reagor owes Ford Credit $54 million, jury decides https://ift.tt/2Olpvgb

Reagor was ordered to pay Ford Credit in May but contested the amount actually owed to the company and demanded a jury trial to determine the sum.

Consumers got millions in questionable EV tax credits, U.S. says

Consumers got millions in questionable EV tax credits, U.S. says https://ift.tt/2MfBwkq

The questionable claims were found in 16,510 individual tax returns during a five-year period through the 2018 processing year, according to an audit by the Treasury Inspector General for Tax Administration.

Wednesday, October 2, 2019

FCA: A dip to close out Q3

FCA: A dip to close out Q3 https://ift.tt/2oA68VP Dodge muscle cars bucked the industry's crossover-happy shift with sales gains in September, though Ram was the only brand with a monthly increase, according to Automotive News Data Center estimates.

GM: 3 of 4 brands decline

GM: 3 of 4 brands decline https://ift.tt/2pt7kuF

GM's light-vehicle deliveries, driven by declines at every brand but Buick, fell 10 percent last month to about 210,863, according to estimates from the Automotive News Data Center. The company, coping with a UAW strike that has idled multiple North America plants, said it ended September with 759,633 cars and light trucks in inventory.

Integration with RouteOne brings Fair subscriptions into the F&I office

Integration with RouteOne brings Fair subscriptions into the F&I office https://ift.tt/2psKUcT new division of the company, called Fair Indirect, will facilitate subscriptions using the same platform dealerships use to get customers traditional loans or leases.