Since 1975[1], the FTC has had a Rule, currently called the “Mail, Internet, or Telephone Order Merchandise Rule” (“Rule”) that requires sellers who solicit buyers to order merchandise through the mail, via the Internet, or by phone […]
Go to Article >>This excerpted chart from a recent round of APEAL shows how Tesla EVs (left blue column) are holding up against non-Tesla EVs (right blue column). The non-Tesla crowd, after quite a few years of flailing […]
Go to Article >>On May 7, 2024, the Federal Trade Commission (FTC) adopted the Non-Compete Clause Rule (“Rule”), which finalizes a comprehensive ban on new non-competes for nearly all workers. The Rule provides that it is an unfair […]
Go to Article >>Though auto-loan rates remain high, the good news for beleaguered new-vehicle shoppers is that transaction prices are falling and automakers’ incentives are becoming more lucrative than any period since the pandemic slapped the industry silly. Kelly […]
Go to Article >>Car companies for years have made the case that they are ready to become technology companies, with plans to transform cars into battery-powered smartphones on wheels. Those ambitions, coupled with an unprecedented run of profitability […]
Go to Article >>By Ben Glickman | ben.glickman@wsj.com Discounts abound as automakers and dealers try to entice hesitant shoppers to make the switch Electric vehicles were a splurge purchase not long ago. Now they are among the biggest […]
Go to Article >>High interest rates and tight budgets are making monthly bills unaffordable for a growing number of vehicle owners. Car repossessions rocketed higher in the first half of the year, a sign of rising consumer distress as the […]
Go to Article >>For the last few months, dealers around the country have been attending their state associations’ annual meetings and conventions. For years, those conventions have brought families together for not only vacation but to highlight the […]
Go to Article >>Jamie L. LaReau, Detroit Free Press The nation’s car dealerships experienced total losses of more than $1 billion as the result of a nationwide hacking and ransomware attack on their software and systems last month, […]
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