Three franchised dealerships in Ottawa, Ill., were purchased from Bill Walsh Automotive Group by Home Run Auto Group in early December only to be resold weeks later. +
The nation’s No. 1 auto retailer has acquired Fletcher Jones Automotive’s Chicago Audi and Mercedes-Benz stores, shrinking the upmarket group’s footprint to 13 West Coast stores. +
Lamborghini accused Gold Coast Exotic Imports of selling 32 units in violation of its dealer agreement, including one purchased by a convicted criminal and unlicensed reseller. +
AutoCanada announced the sale of 13 of its 17 U.S. franchised dealerships to multiple unnamed purchasers in a series of deals worth more than $60 million. +
Attorneys who accused Chicago’s Western Avenue Nissan of falsifying their client’s credit application have cited complaints from 12 online reviews to qualify their lawsuit as a class action. +
Shortly following a multimillion-dollar penalty leveled by the FTC, AutoCanada Inc. is actively seeking a buyer for its 10 Illinois dealerships and hopes to close the deal by the end of 2025. +
Former Honor Finance CEO James Collins has been sentenced to four years in federal prison and restitution totaling $67 million after pleading guilty in two bank fraud cases. +
The Federal Trade Commission announced a recordbreaking settlement with AutoCanada over a slew of fraud charges the agency leveled against the dealer group’s 10 U.S. rooftops. +
Sam Leman Automotive Group purchased Champaign (Ill.) Chrysler Jeep Dodge Ram, Yahoo Finance reported. +
A federal judge refused to dismiss a lawsuit alleging a Chicago dealership wrongly claimed bonus payments after misreporting sales to known resellers. +
