We develop a parsimonious model to study the effect of regulations aimed at reducing counterparty risk on the structure of over-the-counter securities markets. We find that such regulations promote entry of dealers, thus fostering competition and lowering spreads. Greater competition, however, has an indirect negative effect on market-making profitability.

Bank for International Settlements BIS Working Papers by Francesca Carapella and Cyril Monnet

Lebanese authorities detained the head of the exchange dealers syndicate Mahmoud Mrad in a bid to end the manipulation of the dollar in the parallel market, Financial Prosecutor Judge Ali Ibrahim said Friday.

The new website provides a 360-degree solution catering to the entire purchasing procedure which includes finance, insurance, exchange as well as accessories so that customers don't have to step out...

Ford India has asked its dealership personnel to wear protective medical equipment at all times and to also maintain social distancing.

The Maruti Suzuki showrooms are being encouraged to ask its employees to wear masks, gloves and maintain social distancing.

While the factory has restarted operations, it is at a partial stage and same is the case with dealerships.

Audi India is preparing to resume operations at its dealerships, adopting new guidelines for a safe and contactless sales and service experience for its customers.

Honda Cars implements new corporate identity for its dealer network.

Quick and efficient service plays a crucial part in dealer profitability

For the April-July 2019 period, domestic sales declined by 22% to 2,23,612 units (as compared to 2,86,726 units sold in the same period last fiscal).

Drug dealers are adopting new disguises so they can move around freeley during the coronavirus lockdown, a gang expert has said.

A federal grand jury in Casper, Wyo., Thursday returned an indictment charging Randy Lee (a/k/a Jimmy Lee) and Jay Lee (a/k/a John Marks, a/k/a Anthony Romero) of Cheyenne, Wyo., with odometer tampering, title fraud, securities fraud, mail fraud and conspiracy to commit these offenses. The indictment alleges that the defendants worked as used car dealers at Lee’s RV’s, Inc., a dealership in Cheyenne.

Two securities broker-dealers were charged in an indictment unsealed today for their alleged roles in a securities fraud scheme involving several publicly traded companies.

The United States filed a False Claims Act suit against R&J Feed Co., Jerry Goodwin, Richard Carter and Carter Livestock Inc. in the U.S. District Court in Kansas City, Mo.

A federal judge in Washington has ruled that automobile dealers who engage in certain three-party financing transactions must disclose certain information to consumers who take out car loans if they are offered less favorable terms, such as a higher interest rate, than the most favorable terms available to the majority of consumers

Charles Alan Pflueger, owner of Pflueger Inc., Randall Kurata, the company’s chief financial officer, and Julie Kam, Pflueger’s executive assistant, pleaded guilty to filing false federal income tax returns before U.S. District Court Judge Leslie E. Kobayashi in Honolulu, the Justice Department and the Internal Revenue Service (IRS) announced today.

A federal grand jury in Philadelphia unsealed an indictment yesterday charging Kyle Novitsky, 45, and Judith Aloe, 52, both of North Miami Beach, Fla., with making false odometer statements, securities fraud and conspiracy to commit these offenses.

Southfield, Mich., resident Bashar Saroki pleaded guilty to filing a false tax return and selling drug paraphernalia, the Justice Department and the Internal Revenue Service (IRS) announced today.

The U.S. Department of Justice, the U.S. Attorney’s Office for the Western District of North Carolina and the North Carolina Department of Justice filed a lawsuit today alleging that the owners and operators of two “buy here, pay here” used-car dealerships in Charlotte, N.C., violated the federal Equal Credit Opportunity Act by intentionally targeting African-American customers for the extension and servicing of installment sale contracts on unfair and predatory terms.

Bashar Saroki, a resident of Southfield, Mich., was sentenced today in the U.S. District Court for the Eastern District of Michigan to serve 30 months in prison to be followed by one year of supervised release, the Justice Department and the Internal Revenue Service announced.

A former salesman at a prominent Los Angeles car dealership and another Southern California man were charged with odometer tampering, the Justice Department announced today.

It's déjà vu all over again, with the old guard trying to stop the newcomers...

It's déjà vu all over again, again! Auto dealers have been fighting Tesla Motors on multiple fronts for a while now, trying to either force them to do business with the traditional sales model, or be prohibited from selling in certain states.

When the incumbents do everything in their power to keep you out of the market, rather than try to compete with you directly on the merit of their products, you know you're on to something.

Bryan DeBoer, CEO of car dealer Lithia Motors, discusses how auto sales have trended during the COVID-10 pandemic, and how the company has adapted to accommodate potential car buyers, including home delivery and pickup.