TrueCar founder Scott Painter will step down as CEO of the car-shopping company by the end of the year. He will remain there as chairman of the board of directors. The business is now looking for a replacement.
Toyota's eight Mirai dealers in California are getting ready to start selling the hydrogen fuel cell sedans in October. One of these showrooms is even willing to turn potential customers away if they aren't right for the model.
Just as China's stock market collapses, the country's passenger car association reports the first sales slump there in over two years. The fall is predicted to extend further into the second half of 2015.
Tesla is hauling two shipping containers around the US this summer to set up pop-up stores and put the Model S on display. The locations aren't entirely known, but they are following wealthy potential buyers to popular vacation spots.
FCA US is offering a completely free college education to all of its dealership employees through a partnership with Strayer University called Degrees@Work. The workers can earn associate's, bachelor's, and master's degrees in a variety of subjects.
The Federal Trade Commission is wrapping up its so-called Operation Ruse Control, which went after car dealers for deceptive advertising and other types of fraud. It resulted in 252 enforcement actions and six cases for the FTC.