As a car dealership in California, you must be aware of the potential lawsuit risks that can arise with the increasing regulations, false customer claims, and changing market trends. Here are the top 5 DOs and DON’Ts for lawsuit prevention in 2023: DON’T 1. Don’t ignore updates to existing laws or changes to regulations. It’s...Read More

Navigating the complexities of auto accident claims can be a daunting experience, especially when you’re already dealing with the stress and confusion that follow an accident. Understanding the claims process is crucial for ensuring you receive the compensation you deserve. Whether you’re managing medical expenses, vehicle repairs, or lost wages, having expert guidance can significantly...Read More

Dealers are being targeted. Across the country, attorneys are filing lawsuits over supposed verbal promises made during vehicle sales — even when there’s no written proof. These false verbal misrepresentation claims can cost dealers thousands in legal fees, wasted time, and damaged reputations. At Auto Legal Group (ALG), we’re helping dealerships fight back. In a recent arbitration, our team won a major victory when...Read More

Examining the Financial Sentiments and Future Prospects of Generation Z Research Highlights Concerns and Optimism According to a recent study conducted by Experian, approximately 70% of Gen Z and millennial consumers express concern that the current economic environment is impeding their ability to attain financial independence. Additionally, more than 1 in 4 respondents do not...Read More

Navigating Changes: Insights into the Decrease of Wholesale Prices and Vehicle Condition Navigating the Automotive Market Amidst Shifting Dealer Practices The automotive market is a dynamic landscape, often influenced by a multitude of factors. In this ever-changing environment, recent observations from Black Book’s team shed light on intriguing shifts that are shaping the industry. From...Read More

The car dealership industry is already feeling the pinch of high interest rates in 2023 and is being forced to change and adapt. As a result, car dealerships who offer loans are becoming more strict in their financial compliance practices in order to protect themselves against potential lawsuits as it’s becoming more difficult to provide...Read More

Urgent Appeal for EPA to Reconsider Stringent and Arbitrary Emissions Regulations, According to Automaker Advocate Advocacy Group’s Strong Rebuttal The leading advocacy group representing car companies has issued a significant call to the Biden administration, urging a reconsideration of proposed emissions rules. The group expresses concerns regarding the ambitious target of 67% electric vehicle sales...Read More

Record-Breaking Value Decline in the Full-Size Vehicle Market With the UAW strike now behind us, the automotive market is undergoing a correction, notably in the Truck and SUV segments. Black Book’s Weekly Market Insights reveals unprecedented single-week depreciation in Full-Size Vans and Full-Size Trucks. This article breaks down the key findings and market trends. Segment-Wide...Read More

In a move that will benefit EV buyers, the federal government has expanded eligibility for the revised electric vehicle tax credit. Automakers such as General Motors Co. and Stellantis NV had lobbied to include crossover SUVs in this expansion of incentives, which allow purchasers of vehicles up to $80,000 credits worth up to $7,500 –...Read More

Exploring the Implications and Implementation of California’s New Fast-Food Worker Law In a significant move for California’s fast-food sector, Governor Gavin Newsom recently enacted AB 1228 into law, instigating a series of changes. These include the establishment of the Fast Food Council, a boost in the minimum wage to $20 per hour, and alterations to...Read More