Category: Dealer News

By on September 23, 2016

2017 Cadillac XT5, Image: © 2016 Matthew Guy/The Truth About Cars

If dealership owners spring for a recent offer by the president of Cadillac, expect to see a vastly reduced brand presence in towns and cities across the U.S.

Johan de Nysschen is offering 400 low-volume Cadillac dealers cash to close up shop and walk away, Automotive News reports. Read More >

By on September 22, 2016

Tesla Model X

After its two-year-long bid to gain a sales foothold in Michigan hit a brick wall, Tesla has filed a lawsuit against the state.

The suit, filed in a U.S. District Court in Michigan, targets governor Rick Snyder and other top officials, Reuters reports. Read More >

By on September 19, 2016

tesla-model-s-

Tesla’s dream of establishing a sales footprint in America’s auto manufacturing heartland is dead, at least for now, after Michigan lawmakers slammed the door on its direct sales bid.

The electric automaker’s application for a dealership license was denied after state representatives claimed it violated a law specifically designed to keep companies like Tesla out, The Detroit News reports. Read More >

By on September 16, 2016

werie

An Erie, Pennsylvania Buick-GMC dealer, its owner and general manager, and another man were indicted this week for wire fraud over a bogus loan application scheme.

A U.S. District Court handed down the indictment on Tuesday, Automotive News reports, with court documents alleging the three men submitted fake car loan applications through “straw individuals.” Read More >

By on September 12, 2016

Front Side Pose oF 2009 Ford F-150 Platinum In Black

Just because your vehicle is the most popular model in the world doesn’t mean there’s spare parts stashed in every storage room and broom closet.

The owner of one 2009 F-150 crew cab found this out the hard way, forcing him to turn to the media and consumer rights groups to keep his truck driveable after an extensive search for a replacement part turned up dry. Read More >

By on September 9, 2016

2016 Chevrolet CamaroChevrolet has hauled the axe out of the “break in case of low sales” box, chopping prices on almost all 2017 Camaro models.

The revised prices, effective today, apply to all 2017 model year Camaros — not just those yet to be built, GM Inside News reports. The move comes after a rocky summer for the recently restyled model, which saw the Camaro battle to stay out of last place in the pony car standings. Read More >

By on September 8, 2016

2016 Ford Mustang GT

Ford Motor Company’s multi-model door latch recall, which started out relatively small earlier this year, is growing in leaps and bounds.

The automaker announced today that it has recalled another 1.5 million vehicles to prevent doors from flying open, nearly tripling the previous tally of 828,053, the Associated Press reports. Read More >

By on September 7, 2016

2017 Cadillac XT5

A dealer association in California is the latest group to go after Cadillac, demanding the automaker make changes to its controversial “Project Pinnacle” sales incentive program.

The California New Car Dealers Association, acting at the request of 52 dealers in that state, has sent a letter to General Motors CEO Mary Barra in a bid to delay (and alter) the project, Automotive News reports. Read More >

By on August 26, 2016

2017 Volkswagen Tiguan

It didn’t take long for sources to squeal about the size of the settlement forged yesterday between Volkswagen and its ornery U.S. dealer network.

According to people familiar with the deal, 652 VW dealers will share about $1.2 billion to offset losses from unsold vehicles and sunk costs, Bloomberg reports. But cash is only one part of the company’s plan. The other involves its customers’ wallets. Read More >

By on August 25, 2016

2016 GMC Sierra Denali Ultimate

It’s the latest in a string of similar nighttime thefts, but it’s not surprising — after all, when four hours’ work can net you hundreds of thousands of bucks, who expects thieves to stop?

This past weekend, the inventory of a General Motors dealer lot in Tyler, Texas was left up on blocks after thieves stripped 48 vehicles of their wheels, Automotive News reports. Read More >

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