A new Oliver Wyman study, commissioned by NADA, believes the cost advantages of hybrid or direct-to-consumer auto distribution models have been overstated. Traditional auto dealership franchises may be the most cost-effective way […]

Since 1975[1], the FTC has had a Rule, currently called the “Mail, Internet, or Telephone Order Merchandise Rule” (“Rule”) that requires sellers who solicit buyers to order merchandise through the mail, via […]

Sometimes a picture really is worth a thousand words… which never stopped anyone from writing the thousand words anyway. So it will be with this excellent chart, courtesy of J […]

On May 7, 2024, the Federal Trade Commission (FTC) adopted the Non-Compete Clause Rule (“Rule”), which finalizes a comprehensive ban on new non-competes for nearly all workers. The Rule provides […]

Though auto-loan rates remain high, the good news for beleaguered new-vehicle shoppers is that transaction prices are falling and automakers’ incentives are becoming more lucrative than any period since the […]

Ford, GM, Tesla see their stocks fall amid mounting signs of near-term pressure on profits By Mike Colias Automakers are warning of profit pressures in their traditional car businesses, a fresh […]

By Ben Glickman | ben.glickman@wsj.com Discounts abound as automakers and dealers try to entice hesitant shoppers to make the switch Electric vehicles were a splurge purchase not long ago. Now […]

High interest rates and tight budgets are making monthly bills unaffordable for a growing number of vehicle owners.  Car repossessions rocketed higher in the first half of the year, a sign of […]

For the last few months, dealers around the country have been attending their state associations’ annual meetings and conventions. For years, those conventions have brought families together for not only […]

Jamie L. LaReau, Detroit Free Press The nation’s car dealerships experienced total losses of more than $1 billion as the result of a nationwide hacking and ransomware attack on their […]