OFFICIAL PUBLICATION OF THE VIRGINIA AUTOMOBILE DEALERS ASSOCIATION

October 13, 2026

FTC Crackdown on Deceptive Pricing Practices

What This Means for Auto Dealers

On Aug. 19, 2026, the Federal Trade Commission (FTC) and the State of Connecticut secured a $4 million settlement with Chase Nissan LLC, along with its owners and managers, including general, sales and finance managers, resolving allegations of …

FTC Crackdown on Deceptive Pricing Practices

What This Means for Auto Dealers

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Jim Koons and wife Cece with Northwood University President Kent MacDonald

Koons Gives $30 Million to Dealer-Centric Northwood University

Longtime VADA Member and Automotive Entrepreneur Makes the Largest Philanthropic Commitment in Michigan University’s History

Jim Koons, a 1973 Northwood graduate and former CEO of Jim Koons Automotive Companies, built one of the nation’s largest privately owned dealership groups from its roots in Northern Virginia.

Koons Gives $30 Million to Dealer-Centric Northwood University

Longtime VADA Member and Automotive Entrepreneur Makes the Largest Philanthropic Commitment in Michigan University’s History

Read More »

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