Texas businessman Clayton Iley will serve 13 years in federal prison and forfeit his 90-car collection after orchestrating a ...

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A multi-millionaire businessman and his wife have been killed in a horror helicopter crash. Zimbabwean tycoon Wicknell Chivayo and his wife Lucy "Lulu" Muteke died after the aircraft came down, ...

DAVENPORT, Iowa — Three Smart Automotive dealerships are preparing to move to new buildings on East 53rd Street this fall, bringing larger service shops and upgraded spaces for customers and employees ...

A Florida car dealer family just threw a $60 million Paris wedding, and the fortune behind it traces back to a legal structure most Americans have never heard of that quietly turns local car lots into ...

Malone Lam pleaded guilty to stealing $245 million in crypto and spent it on at least 28 exotic cars titled to shell companies. The real story is the car dealer money laundering exemption Treasury ...

Federal Trade Commission notes that unwitting car buyers can send the money, show up at a real dealership, and then they discover that the legitimate dealer has no record of the order or payment.

Jack simply replies, “It's my job to make sure that it does happen.” A little bit of vertical integration can be good for consumers, but too much and it becomes exploitative and monopolistic. A place ...

The average price for a new vehicle in the U.S. surpassed $50,000 in August for the first time this year. Automakers are offering fewer incentives, which contributes to the higher overall cost for car ...

A three-year-old car was the sweet spot for buying used cars, since they have passed the peak of depreciation. But they now average about $33,000. By Ann Carrns Affordable used cars are in tight ...