OFFICIAL PUBLICATION OF THE VIRGINIA AUTOMOBILE DEALERS ASSOCIATION

2026 Pub. 7 Issue 3

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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