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dealer markup

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    Report: Ally to pay $98M to settle ethnicity-based discriminatory lending practice probe
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    Ally Financial has agreed to pay a $98-million fine to settle an investigation into unfair lending practices overseen by the Justice Department and the Consumer Financial Protection Bureau (CFPB). In an investigation of lending practices in the year after April 2011, the government agencies ...

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    Report: Chevrolet dealer ready to charge $20,000 over MSRP for Volt... will more follow?
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    2011 Chevrolet Volt – Click above for high-res image gallery
    Researchers from Edmunds decided to drop their local Chevrolet dealer a line to inquire about staking a claim for one of the first available Volts, and the response was shocking at best and galling at worst. Here's the email, sans ...

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    Nissan attempting to reduce markups on GT-R orders
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    Pre-orders for the 2009 Nissan GT-R have already begun, with 691 certified dealers across the US ready to service the new offering. The expected sales volume is in the range of 2,500 vehicles for the first year and 1,500 anually after that. Do the math and you'll see the equation adds up to limited ...

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    Nissan can't prevent GT-R markups at dealer level
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    Despite floating a plan that would attempt to stop the inevitable customer speculation in the GT-R by voiding the car's warranty if it were sold in the first year, Nissan has come to the conclusion that they are, frankly, powerless to stop it. The company says it gave up on the plan because it ...

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