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Economist Looks Back on Career Watching the Car Business

Economist Looks Back on Career Watching the Car Business

Tom Webb is calling it a career after spending five decades watching the car business. He has worked at the National Automobile Dealers Association, PricewaterhouseCoopers...

Latest News

BB&T Reports Decline in Automotive Income

BB&T Reports Decline in Automotive Income

Dealer Financial Services, the auto credit and floor-planning arm of BB&T Corp., reported lower net income in the first quarter.Dealer Financial Services net income was $29 million for the first...

Compliance News

Polaris Recalls ATVs

Polaris Recalls ATVs

Polaris Industries Inc. is voluntarily recalling certain model year 2015...

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Dealer News

Franchise Stores Sell 37 Percent of All Used Cars

Franchise Stores Sell 37 Percent of All Used Cars

 New-car dealerships sold 14,968,206 million used vehicles in 2016, which...

Auction News

Consultants Add Auction Client

Consultants Add Auction Client

Auction Management Solutions Inc. announced it has...

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Payment Devices’ Status Safe Despite Proposed Laws

Payment Devices’ Status Safe Despite Proposed Laws

Payment assurance technology providers are preparing to fight back a new wave of legislation aimed...

Legal News

Man Admits to Scamming Dealers

Man Admits to Scamming Dealers

A Connecticut man was sentenced to 96 months of imprisonment, followed by three years of supervised release,...

Financial News

Wholesale Prices Recover, But Pressure Remains

Wholesale Prices Recover, But Pressure Remains

Some bad numbers in February created a mild panic about wholesale values, but result since then show...