U.S. Megadealer Groups Report Fixed-Ops Revenues Rising

While the outlook for parts and service is positive, Roger Penske, chair and CEO of Penske Automotive Group, says parts shortages and a lack of loaner cars are a couple of potential negatives.

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GM Confirms Electrified Corvette in Development

CEO Mary Barra says an electrified version of the Corvette will appear as soon as next year, followed by a battery-electric version built around GM’s Ultium battery technology.

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Former Nissan Executive Greg Kelly Recounts Japan Ordeal

Greg Kelly suspects the charges against him stemmed from Renault’s decision to force the integration of the two main Alliance partners, Renault and Nissan. Trial records reveal that a February 2018 Renault board resolution instructing Carlos Ghosn to merge Nissan and Renault, or else risk losing his contract as Renault CEO the following June, triggered the coup to replace him.

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Dealers Must Bolster Data Security Under New FTC Rule

The FTC’s Safeguards Rule requires detailed procedures and specific criteria that auto dealers must implement to provide better protection and to curb data breaches and cyberattacks that could jeopardize sensitive customer data.

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