PSA confirms it will locate N.A. headquarters in Atlanta

PSA Group will locate its North American headquarters in Atlanta, tapping the city's universities and automotive businesses to regain a foothold in the United States.

BMW, Daimler close to merging car-sharing units, exec says

Daimler and BMW are close to agreeing to combine their car-sharing services Car2Go and DriveNow, a senior executive at one of the carmakers told Reuters.


FCA execs paid UAW officials to take company-friendly positions, U.S. says

Confidential retirement offers and a former union vice president being "scripted" to support company initiatives are among the newest allegations in the UAW-FCA corruption scandal.

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BLOG: James B. Treece
Scrutiny continues

The CFPB may have been defanged, but dealerships' role in arranging loans is still being scrutinized. A report last week was a timely reminder.

BLOG: Hannah Lutz
Military members deserve fast resolution on lending

Dealers and lenders are facing significant challenges following the Department of Defense's latest interpretation of the Military Lending Act, but until the DOD clarifies the interpretation, an act that was designed to protect service members may actually be hurting them.

BLOG: Hannah Lutz
Plan now for a changing industry

Dealers who just a few months ago may have been reluctant to plan for the future could be shifting their perspectives as the pace of change quickens in auto retail.

BLOG: Hannah Lutz
Lenders need to stay diligent

This year was full of relatively positive, consistent auto finance trends. Next year will likely follow suit, but the upswing won't last forever.

BLOG: Hannah Lutz
Are leasing levels still too high?

Leasing levels have held steady in the past few quarters, but are they still dangerously high? AutoNation Inc. CEO Mike Jackson thinks so. Here's why.

BLOG: Hannah Lutz
Time to organize around empowering women

Dealership-sponsored female leadership groups could give women the empowerment and camaraderie they need to stay in auto retail and reap its benefits.

BLOG: Hannah Lutz
Are some privacy concerns overblown?

Consumers are used to the sharing culture. A dealer I talked with recently said his stores handle the entire F&I process on the showroom floor - with little negative feedback.

BLOG: James B. Treece
Nontraditional no more

Ford Credit's decision to use nontraditional approaches in assessing consumers means the industry needs to reconsider what it now considers traditional.

BLOG: Hannah Lutz
Car supermarkets are a step backward

The future of vehicle retail and F&I could take a variety of forms, but another type of brick-and-mortar store would be an unexpected route. Advancements toward an online transaction would serve the industry better.

BLOG: Hannah Lutz
Wells Fargo's GAP refund problem offers a lesson

Wells Fargo found itself in hot water again last week for possibly neglecting to refund consumers' guaranteed asset protection payments after they paid off their auto loans. But there are two sides to every story, and in this case, the law isn't as clear as it seems.

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