BMW, GM win dismissals, Mercedes settles in used-car dealer's lease buyout cases

April 26, 2023 03:18 PM

A Calabasas, Calif., luxury used-vehicle dealership challenging automaker off-lease buyout policies in court has settled with Mercedes-Benz and seen its lawsuits against General Motors and BMW dismissed.

Featured Stories

Here’s our list of the 2025 Top 150 dealership groups

Dealership groups on 2025 top 150 list compete, consolidate and grow together

Trump says he ‘couldn’t care less’ if automakers raise prices for tariffs

Automakers warn new Trump tariffs will boost costs, cut sales

Latest News

Volvo brings back Hakan Samuelsson as CEO

Dealership groups on 2025 top 150 list compete, consolidate and grow together

Read the Automotive News Digital Edition for March 31

No sign Trump will honor U.S. auto tariff protections won by Canada, Mexico in 2018

Staying current is easy with newsletters delivered straight to your inbox.

See More in Finance Insurance

Trump pushes for auto loan interest deductions for U.S.-made models

‘Mindset’ matters for a dealership finance manager

Dealership average F&I gross profit per vehicle still up 50% from 2019

Scammers are pushing auto loan fraud to record levels

Staying current is easy with newsletters delivered straight to your inbox.