Recent News

FTC Charges Arizona Group With Falsifying Income on Consumer Credit Apps

WASHINGTON, D.C. — Three weeks after announcing the completion of a seven-state sweep regarding compliance with its Used Car Rule, the Federal Trade Commission announced on Wednesday it has charged a group of four dealerships with a range of illegal activities,...

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Mike Manley’s first big decision: FCA turned away potential buyers in Magneti Marelli

Fiat Chrysler Automobiles is sticking with plans to spin off its Magneti Marelli unit after fielding interest from potential buyers for the supplier. ... Read More »

Why FCA is recalling a million Ram trucks

Fiat Chrysler said 1,149,237 Ram pickups in the U.S. are estimated to have the defect, along with 260,315 in Canada, 19,432 in Mexico and 25,361 in other markets. ... Read More »

TradeRev, CarsArrive Offer Free Vehicle Transportation

CARMEL, Ind. — Digital auction platform provider TradeRev partnered with CarsArrive Network to save dealers money while fostering an expanded, coast-to-coast auction marketplace, the companies announced. TradeRev is offering free vehicle transportation for...

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WHAT HAPPENS NEXT: New vehicle emissions proposal starts process for final rule

The EPA and NHTSA released their joint notice of proposed rulemaking Thursday for the 2021-25 model year emissions standards. Here's what happens next. ... Read More »

Reaction to Trump’s proposed rollback of fuel-economy and greenhouse gas standards

"Mark my words," says auto dealer Adam Lee. "This rollback will be bad for business." ... Read More »

Trump proposal aims to weaken auto emissions rules, revoke California’s authority

The Trump administration proposed capping federal fuel efficiency requirements for passenger vehicles at the 2020 model year level of 35 mpg, instead of letting them continue to rise through 2025 to about 50 mpg as planned under the Obama... ... Read More »

New Ferrari CEO: ‘Both Sergio and I had the same ambitions’

Ferrari's new CEO Louis Camilleri called the company's profit targets set by his predecessor Sergio Marchionne "aspirational." ... Read More »

Why BMW’s profits fell 6% in Q2

BMW's second-quarter profit fell 6.3 percent as higher spending to develop electric and autonomous cars combined with currency headwinds to weigh on earnings. ... Read More »

Save the date for the 'Building a Bridge to Credit Visibility' symposium

Mark your calendar to join the Bureau for a day-long symposium exploring challenges many consumers face in accessing credit. ... Read More »