"Regulatory Shifts in the Auto Industry: Dealers Face New Reporting Requirements. In a move that could have significant implications for the US automotive market, the Federal Trade Commission (FTC) has issued a call to action for car dealers to report their competitors' business practices. This development comes as the FTC continues to scrutinize anti-competitive behavior in the industry. The move is likely to be closely watched by major players, including Carvana, which has recently expanded its dealership footprint by acquiring its seventh location. Meanwhile, other industry developments are also making headlines, including Nissan's plans to bring its Xterra SUV back to the market at an affordable price point of under $40,000, and a major update from Sony Honda Mobility, a joint venture between the two technology giants that aims to revolutionize the electric vehicle sector."
FTC calls on dealers to report their competitors; Carvana buys seventh dealership; Nissan’s Xterra SUV targets sub-$40,000 price; Sony Honda Mobility update ...
