E-NEWSLETTER

Massachusetts Attorney General Martha Coakley and a family-owned franchised dealership have settled a complaint over ads the regulator deemed deceptive.

Tags: payment packing, UDAP, Unfair and Deceptive Advertising

DealerTrack will host several DealerTrack University webinars on best practices in the areas of mobile, leasing and compliance this month.

Tags: Compliance, DEALERTRACK, leasing, mobile applications, mobile solution, training, vehicle leasing

NADA University announced it is now offering all of its legal and regulatory webinars — live and on-demand — at no cost to NADA and American Truck Dealer members and their staffs.

Tags: Credit Scores, FEDERAL REGULATION, financial regulation, FLOORPLAN FINANCING, LEGAL, NADA University, Red Flags Rule, risk-based pricing rule, training, Web tools

The Obama Administration unveiled a proposed “Consumer Privacy Bill of Rights” in a federal report last Thursday. It's part of a blueprint to ramp up consumer privacy protections on the internet, but it could also add additional requirements for dealers when it comes to protecting customer data.

Tags: data protection, dealership management system, legislation, Obama administration, TrueCar

Compli announced that David Childers has been named chief executive officer of the company.

Tags: Compli

RouteOne LLC introduced the Compliance Dashboard, a free tool that provides dealers with a visual assessment of the dealership's compliance status for all applicable deals.

Tags: business tools, Compliance, dealer, digital compliance

ADP Dealer Services and Cisco announced the launch of Cisco Cius and Cisco TelePresence, two video-enabled products geared towards streamlining dealership selling and service processes.

Tags: ADP Dealer Services, Cisco, technology, video conferencing

Allstate Insurance Co. and Allstate Dealer Services announced that auto dealers will have the opportunity to open full-service Allstate agencies inside their dealerships.

Tags: ALLSTATE, Allstate Dealer Services, general agents, insurance

Chrysler Group LLC and Carfax announced that Carfax Vehicle History Reports will continue as the sole source of vehicle history information for the Chrysler Certified Pre-Owned program.

Tags: CARFAX, Chrysler, Vehicle History Reports

E-Credit Express Inc. announced that it has integrated Carleton’s SmartDocs and SmartCalcs hosted web services into the company’s lender management platform.

Tags: Carleton, Compliance, E-Credit Express, lender, lender management software

TrueCar Inc. announced a nationwide strategy to tackle regulatory compliance issues in an effort to demonstrate its commitment to state regulators, state dealer associations and its dealer partners.

Tags: Compliance, TrueCar

Automotive Compliance Consultants announced that dealership management need to make sure that anyone employed after 1986 completes I-9 Employment Verification paperwork as required by law.

Tags: Automotive Compliance Consultants, Compliance, Hiring

Oklahoma became the latest state to put the brakes on TrueCar, with the state’s motor vehicle commission deeming the service in violation of the state’s dealer licensing laws.

Tags: LEGAL, Oklahoma, TrueCar

California State Assembly Member Mike Feuer (D–Los Angeles) and State Sen. Ted W. Lieu (D–Torrance) have proposed legislation that would introduce new rules designed to “rein in abusive practices” of buy here, pay here dealers statewide.

Tags: buy here, buy-here, financial legislation, LEGAL, legislation, National Alliance of Buy Here, pay here, Pay Here Dealers, pay-here

The Virginia motor vehicle dealer board ruled yesterday that TrueCar’s business model is in violation of the state’s dealer licensing laws, which prohibit third-party services from acting on behalf of the dealer in the sale of a motor vehicle.

Tags: Internet leads, lead generation, LEGAL, third-party servicing, trigger leads, TrueCar

President Obama appointed Richard Cordray as director of the Consumer Financial Protection Bureau yesterday.

Tags: CFPB, Compliance, Consumer Financial Protection Bureau, Obama administration

Automotive Compliance Consultants added 50 new dealership clients in the last six months and experienced a 12 percent increase in business last year.

Tags: Automotive Compliance Consultants, Compliance, dealer, Equifax, Experian, TransUnion

RouteOne LLC announced that dealers using its eContracting solution can now use the Apple iPad or Android tablet as an alternate signature-capturing device for signing eDocuments.

Tags: Android, E-CONTRACTING, iPad Business Applications, mobile applications, RouteOne

Dynamique Auto Dealer Solutions Inc. announced further integration of its DMS-Sales Edition, a cloud-based dealer management system, with Carfax’s vehicle history reports, Black Book’s vehicle valuation data and Chrome’s VIN lookup and trim information.

Tags: Black Book Online, CARFAX, Chrome Systems, DADS, dealership management system, DMS, Dynamique Auto Dealer Solutions Inc.

After hitting an impasse with auto industry skeptics, TrueCar is facing another setback. The embattled company and its dealers were notified by the Colorado Department of Revenue that they could be in violation of five of the state’s advertising rules.

Tags: Colorado, Compliance, LEGAL, marketing, TrueCar, Web Marketing

Experian Automotive launched a new app for Android and iPhone devices that provides used-car buyers with access to the company’s vehicle history reports.

Tags: Compliance, Experian, mobile applications, mobile solution, Vehicle History Reports

DealerTrack announced it will host a free webinar on the most critical compliance issues dealerships face today.

Tags: Compliance, DEALERTRACK, training

Hudson Cook LLP announced the addition attorneys Lori A. Desjardins, Thomas P. Quinn Jr. and Ryan S. Stinneford, as well as the establishment of the firm’s New England offices.

Tags: Hudson Cook LLP, LEGAL