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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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Findlay Automotive Group has selected Automotive Compliance Consultants’ compliance services to ensure the group’s 26 dealerships comply with regulations.
Read More →The Center for Responsible Lending released findings last week that show negotiation does not help African American and Latino car buyers secure better interest rates on auto loans. Auto trade groups, however, were critical of the study’s findings, claiming it lacks data to support its claims.
Read More →Last week, the NADA announced a new fair lending compliance policy and program designed to help dealers cope with growing pressure from regulators like the CFPB.
Read More →NADA Chairman Forrest McConnell encouraged dealers at the NADA Convention & Expo in New Orleans this past week to continue to take risks, telling them, “We got your back.”
Read More →Dick Witcher, outgoing chairman of the American Truck Dealers, urged dealers at the ATD Convention & Expo in New Orleans to meet with members of Congress as “the first step in combating regulatory burdens.”
Read More →The former CFPB executive once described as a ‘valuable conduit between the CFPB and the industry’ has joined Hudson Cook LLP as a partner in the firm’s Portland, Maine, office.
Read More →The Warranty Group celebrated its 50th year in business at the NADA Convention and Expo.
Read More →Dealer Marketing Services Inc. has hired Steve Aeschliman in the newly created position of director of credit and compliance. He will have oversight of the strategic direction, expansion and operation of both credit services and compliance.
Read More →Industry insider says the current regulatory environment demands that dealers take a new approach to compliance.
Read More →The magazine’s legal insider offers her predictions for 2014. None of them should be surprising, but the industry is in for a ride if her forecast is realized.
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