News
Scout Motors Scores Direct Sales Victory in Colorado
The Colorado Motor Vehicle Board voted 6-2 to grant a dealer license to Volkswagen subsidiary Scout Motors, allowing Scout to sell directly to EV buyers in that state.Read more at AutoEvolution
Tricolor’s Chu, Goodgame Arrested, Indicted on Fraud Charges
U.S. Attorney Jay Clayton announced bank and wire fraud charges against Tricolor’s former CEO and COO and guilty pleas for two other executives. Read more at Dealer Agent News
Brickell Motors Employee Charged in $1 Million Fraud
Police have accused a 15-year employee of the Miami group with stealing more than $1 million by issuing hundreds of fraudulent checks to her husband and son. Read more at NBC 6
700Credit Confirms Data Breach, NADA Shares Dealer Guidance
700Credit executives confirmed an October cyberattack exposed dealership customer data and endorsed a dealer action plan created in partnership with NADA. Read more at Auto Dealer News
Dealer vs. Dealer: M5 Wins $1.2 Million Judgment
California’s M5 Automotive is owed more than $1 million by the owners of Kastner Honda following a breach-of-contract lawsuit. Read more at Automotive News
Billionaire Drops $22,000 Suit Against Subaru Dealership
Timothy Mellon has withdrawn his lawsuit against Reynolds Subaru of Lyme, Conn., over an alleged failed repair and missing title. Read more at New Haven Register
