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NewsAugust 29, 2013

Dealer Ordered to Pay $2M in Restitution

As part of a plea bargain for failing to give $1.2 million in sales tax to the state, the New Jersey dealer will pay restitution and will never again own, work at or consult for a dealership in the state.

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NewsAugust 20, 2013

F&I and Showroom Names 2013 F&I Pacesetters

These six operations are now in the running for the magazine’s F&I Dealer of the Year award, which is handed out annually at the magazine’s F&I Conference and Expo.

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NewsAugust 20, 2013

AFSA Launches New Compliance Committee

The traded association's new Operations and Regulatory Compliance Committee will address the policies, guidance, enforcement actions and regulations issued by the federal government and agencies that impact its members.

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NewsAugust 15, 2013

Certegy Settles With FTC for Fair Credit Act Violations

Certegy Check Services Inc. has agreed to pay $3.5 million to settle Federal Trade Commission charges that it violated the Fair Credit Reporting Act.

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NewsAugust 15, 2013

'Father of F&I Menu' to Take on Dodd-Frank Act

F&I and Showroom contributor will address two major threats posed by the Dodd-Frank Act, and will show attendees how they can maintain performance in today’s intense regulatory environment.

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NewsAugust 13, 2013

CFPB Responds to House Republicans

The CFPB was short on details when it responded last week to 35 House Republicans who requested additional information on the bureau’s review of dealer participation programs.

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NewsAugust 5, 2013

Credit Acceptance Corp. Keeping “Close Eye” on CFPB

In its second quarter earnings call, Credit Acceptance Corp. noted that its relationships with industry associations have kept it up to speed on looming regulations.

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NewsAugust 1, 2013

'Stump the Pro' Returns to 2013 F&I Conference

Tony Dupauier is headed back to Las Vegas to reprise his 'Stump the Pro" challenge at the 2013 F&I Conference, where attendees will be able to test his objection-handling skills during this interactive session.

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NewsAugust 1, 2013

California Dealers Join Suit Against Carfax

The mass action, antitrust lawsuit against Carfax now lists more than 500 dealers as plaintiffs. The suit, which originated on the East Coast, has now reached California.

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NewsAugust 1, 2013

Auto Sales Expected to Hit Four-Year High

This year, the average number of sales per dealership is expected to rise to 877 units based on vehicle sales of 15.6 million, according to a midyear report from Urban Science.

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