Ghosn Skips Bail, Escapes to Lebanon

Convinced he was framed for financial crimes in Japan, former Nissan chief Carlos Ghosn somehow slipped past surveillance and fled to his home in Lebanon.
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The P&A segment can play a pivotal role in closing the communication gaps that can leave car buyers unprotected and undo the work of the dealer, their finance source, and their F&I product provider.
P&A keeps up with the needs of a demanding market with Mark Nagelvoort, president and CEO of PCMI Corp.
Learn how industry insiders and outsiders are tackling vehicle overvaluation, an archaic practice that deceives customers, puts perpetrators at risk of criminal charges, and erodes profits for finance sources and F&I product providers and administrators.
The FTC’s proposed consent order with dealer software provider DealerBuilt settles charges relating to a major loss of customer data, but the conversation over the compliance responsibilities of ‘service providers’ — including those in the P&A segment — is just beginning.
Attorney and compliance expert offers a primer on dealership documentation for P&A executives.
P&A caught up with Axiom’s Michael Reth following his presentation at the inaugural Technology Challenge.
Convinced he was framed for financial crimes in Japan, former Nissan chief Carlos Ghosn somehow slipped past surveillance and fled to his home in Lebanon.
Dent Wizard announced the promotion of Steve Carpenter to Midwest regional vice president, succeeding the retiring Dean Christian.
The National Automobile Dealers Association estimates U.S. new vehicle sales will fall to 16.8 million units as internal and external forces reshape the auto retail industry.
Tiptree Inc.’s insurance division is set to more than double its presence in the F&I products segment with the acquisition of Smart AutoCare.
The federal spending bill being negotiated by House and Senate leaders is not likely to include an extension of the $7,500 tax credit for buyers of electric vehicles.
Kerrigan Advisors’ latest Blue Sky Report finds the pace of U.S. dealership buy/sell activity quickened in the third quarter and could accelerate further in Q4.
Edmunds’ latest Used Car Report finds high off-lease volumes have suppressed prices and widened the gap between new and 3-year-old models to an average of $14,951.
Asbury Automotive has agreed to acquire the Park Place group of dealerships, adding 17 Texas rooftops and raising Asbury’s highline revenue to approximately 50% of its total.
Former Allstate Dealer Services executive Michael Hurley has been named CFO and vice president of finance and planning for GSFSGroup.
Franchised dealers in five states can now opt into Cadillac Live, a new sales platform that connects car shoppers with remote agents for real-time online demos.
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