Oct 15, 2024
A federal judge in Illinois has refused to dismiss a fraud claim by Automobili Lamborghini America against a Chicago dealership, its president and an employee for allegedly selling dozens of luxury vehicles to known resellers, misreporting those sales and wrongly claiming millions of dollars in bonus payments.
Oct 14, 2024
Dealer Headlines | Finance & Insurance
N.Y. dealership sues former finance manager, alleges he accepted kickbacks from extended warranty vendor
A former finance manager took hefty kickbacks from a vendor of extended warranty contracts, according to a lawsuit filed by a New York City dealership.
Oct 14, 2024
Dealer Headlines
Daily 5 report for Oct. 14: Autonomous technology developers seek independent audits, reviews
To fill the void in federal rules, autonomous tech companies need to show local governments that their systems have been independently vetted.
Oct 14, 2024
Self-driving tech companies like Gatik and Aurora are seeking safety audits and assessments, in part because the industry lacks agreed-upon best practices and risk thresholds.
Oct 14, 2024
Retail sales of new sedans, crossovers, SUVs and multipurpose vehicles rose 4.5 percent to 2.11 million in September after declining five straight months, the China Passenger Car Association said on Oct. 12, drawing on a final tally.
Oct 14, 2024
Wholesale deliveries of light vehicles bounced back last month as the positive impact of a government vehicle scrappage program kicked in and exports remained strong, the China Association of Automobile Manufacturers said.