FI showroom red and grey logo
MenuMENU
SearchSEARCH

Compliance

NewsJuly 9, 2013

Improving Employment Fueling Return to Normal for Used-Vehicle Market

Wholesale prices continued to return to normal levels in the first half, which Manheim attributed to an improving employment picture and rising new-vehicle sales.

Read More →
NewsJuly 9, 2013

Private Equity Money Could Fuel Higher Credit Losses for Subprime Auto

Moody’s notes a gradual weakening of credit in its report on the subprime auto ABS market, but the credit rating agency believes private equity money flowing into the market could intensify competition and cause higher credit losses.

Read More →
NewsJuly 2, 2013

June Used-Vehicle Sales Up, Transactions Prices Down, CNW Reports

Franchised dealers are expected to realize a 3.35 percent increase in used-vehicle sales, while independents should be up 3.82 percent, CNW said today.

Read More →
Ad Loading...
NewsJune 27, 2013

Deadline to Submit F&I Dealer of the Year Nominations Is This Friday

The deadline to submit a nomination for the 2013 F&I Dealer of the Year award is this Friday. The award will be handed out on Sept. 17 at Industry Summit 2013.

Read More →
NewsJune 25, 2013

House Republicans Call CFPB Agenda a ‘Loss to Consumers’

Thirty-five congressional republicans warn the bureau that reforms it seeks in the auto finance industry could weaken marketplace competition and hurt a consumer’s ability to obtain the best financing terms.

Read More →
NewsJune 17, 2013

Dealership CEO Accused of Evading Cash Deposit Reporting Requirements

Dealership CEO indicted for allegedly evading reporting requirements for cash deposits. The 26-count indictment could lead to a maximum penalty that includes decades in prison, plus a fine and possible penalties for his company.

Read More →
Ad Loading...
NewsJune 13, 2013

Ohio Attorney General Sues Used-Car Dealers

Boasko's Rt 4 Automall LLC and Buyers Choice Cars are facing lawsuits after the Attorney General paid out more than $56,000 from a Title Defect Rescission fund to resolve consumer complaints against the dealerships.

Read More →
NewsJune 13, 2013

Deadline for 2013 F&Idol Contest Is This Friday

The deadline to submit entries for the 2013 F&Idol contest is this Friday, August 9. On the line is $3,500 in cash, as well as a trip to Industry Summit 2013.

Read More →
NewsJune 11, 2013

CFPB Takes Center Stage at NAF Conference

With the CFPB’s Rick Hackett headlining the agenda, the NAF Association broke a decade-old attendance record for its 17th annual Non-Prime Auto Finance Conference.

Read More →
Ad Loading...
NewsJune 6, 2013

[Video] F&I Tip of the Week: The How'd-That-Feel Sale

Your customer’s trade-in vehicle could provide all the evidence you need to show him or her the value of paintless dent removal. United Development Systems’ Gerry Gould explains in his latest F&I Tip of the Week.

Read More →