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Tag: car
Used car salesman pleads guilty to bank fraud conspiracy
2016-03-30 19:32:00| Auto Dealers - Topix.net
A Flint-area man has pleaded guilty after federal authorities claimed he used local car dealerships to organize a bank fraud scheme. Edward Frank Usewick III pleaded guilty Tuesday, March 29, in Flint U.S. District Court to one count of conspiracy to commit bank fraud after he began using used car lots around the Flint-area to operate the scheme.
GM plans to cut sales from rental car fleets
2016-03-30 14:15:42| Auto Dealers - Topix.net
General Motors aims to increase its margins and focus on healthy retail sales, rather than relying on rental car fleets. After record sales figures in 2015 and a solid January start, the automotive industry in the United Sates kept its pace with the best February numbers since 2000.
Three electric car recalls in a month
2016-03-29 19:55:51| BBC News | Business | UK Edition
Volkswagen calls back its e-Golf cars because of a stalling problem - Nissan and Renault have also recently recalled electric cars.
Tags: month
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US sues Volkswagen over diesel car ads
2016-03-29 17:30:15| BBC News | Business | UK Edition
US consumer protection agency the Federal Trade Commission files a four-count legal complaint against carmaker Volkswagen.
Tags: car
ads
diesel
volkswagen
Uber and Lyft could solve the car industry's biggest problem...
2016-03-29 03:55:40| Auto Dealers - Topix.net
According to Deutsche Bank, startups such as Uber and Lyft may shake up business as usual, but the outcome won't be as dire as some pundits have predicted. "The consensus view amongst investors is that a decline in the total population of vehicles will lead to a decline in annual vehicle sales," Deutsche Bank analysts wrote in a recent note.
Tags: problem
car
biggest
solve
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