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NewsMarch 13, 2014

Virginia Woman Sues Dealership for False Imprisonment

A Virginia woman is suing a dealership there for allegedly forcing her to buy a car. She is seeking $400,000 in damages, the Virginia-Pilot reports.

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Newsby Brittany-Marie SwansonMarch 11, 2014

Lawmakers Question CFPB’s Internal Management Practices

Three Republican lawmakers are requesting information from the CFPB regarding employee performance reviews after reports surfaced last week about possible racial disparities related to its internal management practices.

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ArticlesMarch 11, 2014

Sweeps, Standards and the FTC

The magazine’s resident legal wiz revisits the FTC’s standard for deception in response to the agency’s crackdown on false advertising.

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ArticlesCover Storyby Gregory ArroyoMarch 11, 2014

CFPB Takes Center Stage

Strong words at NADA 2014 and the Vehicle Finance Conference indicate that both sides of the rate participation debate are preparing for a long, drawn-out battle.

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NewsMarch 7, 2014

New Mexico Dealers Fight New Inspection Rule

The New Mexico’s attorney general is facing three separate lawsuits from state associations and individual dealers over a rule that requires inspections and damage disclosures for used vehicles.

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Newsby Gregory ArroyoMarch 6, 2014

Auto Registers Low on CFPB’s Military Complaint List

Between July 2011 and February 2014, the CFPB recorded approximately 14,100 complaints from servicemembers, veterans and their families, 600 of which were related to auto and other consumer loans.

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Newsby Gregory ArroyoMarch 6, 2014

J.D. Power: Leasing, Long-Term Loans Reach New Highs in February

Terms are stretching, but the firm believes record lease penetration should maintain a healthy supply of future vehicle buyers with shorter purchase cycles.

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NewsMarch 5, 2014

Ryan Schumacher Named VP of Finance for NAC, FFDS

The combined entity of National Auto Care and Family First Dealer Services named Schumacher vice president of finance. He previously served with Allstate Dealer Services.

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NewsMarch 5, 2014

Kia Renews Deal With JM&A

Reporting a 19% increase in F&I product sales last year, Kia renews deal with JM&A to continue providing and administering its line for F&I products.

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NewsMarch 3, 2014

Save the Date for Industry Summit 2014

Organizers of Industry Summit 2014 have announced that the event will be held September 8–10 at Paris Las Vegas. The show now includes the F&I Conference, Special Finance Conference, Dealership Sales & Technology Conference and the P&A Leadership Conference.

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