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NewsJune 6, 2013

TrueCar Dealer Council Adds Six New Members

With the six new additions, TrueCar’s dealer council now includes 20 members who operate 276 franchises in 19 states.

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NewsMay 30, 2013

NADA Chairman: ‘CFPB Guidance Lacks Transparency and Research’

The 2013 chairman calls out the CFPB for not demonstrating that problems exist with dealer participation programs, and questions the bureau’s use of the disparate impact theory.

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NewsMay 30, 2013

House Democrats Question CFPB Probe of Auto Finance

Thirteen Democrats in Congress sent a letter to the CFPB's Richard Cordray, asking for “any and all background information” on the bureau's investigations of auto finance.

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ArticlesMay 15, 2013

4 Realities of F&I

The man behind the industry’s only sanctioning body for the F&I trade returns to offer his take on today’s regulatory environment.

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ArticlesMay 15, 2013

Fair Warning

Now, more than ever, dealers are left with unanswered questions about finance reserve, discriminatory lending and other regulatory concerns. Two attorneys share their opinions on those topics with F&I and Showroom.

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NewsMay 9, 2013

DOJ Taking Closer Look at Auto Finance

The CFPB isn’t the only regulator interested in what goes on inside the F&I office. The U.S. Department of Justice also is taking aim at retail installment transactions.

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NewsMay 2, 2013

Illinois AG Sues Dealer for Deceptive Sales Tactics

Illinois Attorney General Lisa Madigan files lawsuit against a Carterville auto dealer for deceptive sales tactics. The Illinois dealer allegedly promised repair guarantees on cars sold “as is” but didn’t follow through.

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NewsApril 30, 2013

[Video] Tip of the Week: Setting the Right Tone

If “In the event” is in your script, check out Gerry Gould's newest tip on why that wording may not be setting the right tone with your customers.

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NewsApril 24, 2013

121 Dealers File $50M-Plus Suit Against Carfax

Dealers filed a mass action lawsuit Tuesday against Carfax for monopolizing the market. They claim the quality of the firm’s vehicle history reports is lacking, but dealers also say the exclusive agreements the firm has with OEMs and merchandising sites has forced them to be paying customers.

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NewsApril 23, 2013

Philadelphia Dealer to Pay $24K Settlement for ‘Spot Deliveries’

DeSimone Auto Group is accused of charging higher finance rates than what customers initially agreed to once they took delivery of a vehicle.

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