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Dealers must be careful they don’t run afoul of the law when it comes to such deceptive practices, as there are many cases pointing to the potential bad ends of such deals.
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The CFPB’s former point man will be at Industry Summit 2014 this September to deliver a keynote address. He will take attendees inside the media-shy agency and offer insights on how the bureau intends to regulate the automotive retail industry.
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A bill signed by Washington governor Jay Inslee this month will allow Tesla to expand in the state.
Read More →The court’s decision will allow the case pitting 148 defunct Chrysler dealerships against the U.S. government to proceed. The dealerships were closed as part of Chrysler’s 2009 bailout agreement.
Read More →The company expects to complete the separation of the two companies in the early part of the fourth quarter. Leading the Dealer Service business unit will be ADP executives Steve Anenen and Al Nietzel.
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Wisconsin Attorney Vince Megna filed a lawsuit against Tesla Motors this week, claiming that the car it sold to his client was a lemon.
Read More →A dealership that accepted trade-ins with remaining loan balances and then failed to pay off those balances before reselling the cars to unwitting consumers was ordered to permanently close. The owner is prohibited from ever operating a car dealership in the state.
Read More →An Albuquerque, N.M., dealership will pay $2 million to dozens of male employees who claim they were sexually harassed and retaliated against by managers.
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A lawyer with the CFPB’s Office of Enforcement made an impassioned plea before Congress yesterday, asking that the agency’s widespread discriminatory and retaliatory practices against its employees be curtailed.
Read More →Under the agreement, Tesla will be able to continue operating its five licensed retail locations in the state. Additional locations will be established under a strengthened dealer franchise law.
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The Federal trade Commission issued a letter last week in support of legislation that would overturn Illinois’ long-standing ban on Sunday car sales. Dealers in the state, however, remain steadfastly opposed to the bill.
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