APCO Holdings has acquired Lawley Automotive Dealer Solutions, an agency that was founded in 1984 and serves 200-plus clients from its Western New York headquarters. +
Cox Automotive analysts say the average price of a pre-owned vehicle purchased from a U.S. dealer ticked down to $25,393 in August as sales improved amid a strong showing for CPO units. +
Landmark Dodge of Independence, Mo., will pay a total of $275,000 to settle a federal lawsuit alleging a policy set by ownership required some jobs to be staffed by men or women. +
Gov. Gavin Newsom is expected to sign the California Combating Auto Retail Scams Act, which was modeled in part after an FTC initiative that stalled in a federal appeals court in January. +
Americans spent an average of $49,077 to buy a new vehicle in August as KBB analysts report the biggest year-over-year price hike since 2023, driven by new models and strong EV sales. +
Representatives of major trade associations tell Automotive News a study that found evidence of discriminatory auto lending practices relies on flawed methodology and incomplete data. +
JPMorgan Chase, Fifth Third and Barclays are among the credit line providers facing massive losses as retailer and subprime lender Tricolor Auto enters bankruptcy proceedings. +
Valerie Drewlow, the former office manager at Greeley (Colo.) Nissan and Greeley Volkswagen, was arrested and faces charges of stealing $182,815 from the dealerships. +
A new Carleton survey of 2,000 U.S. lending, bank, auto finance and fintech professionals finds the majority experience loan payment discrepancies on a weekly or monthly basis. +
The owner of New York’s Bul Auto Sales and Jacksonville’s Karma franchise has been arrested in Florida, where he faces charges of fraud and dealing in stolen property. +
