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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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Federal customs agents seized 20 high-end stolen vehicles at the Los Angeles/Long Beach Seaport. Bound for Asia, the vehicles were leased by several dealerships to smugglers using false identifies.
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DealerTrack's new Audit Protect program generates electronic audit reports and offers offline call support to subscribers of the company's compliance solutions.
Read More →Business advisory firm sees stronger balance sheets and increased net worth for dealers this year, but warns that technology adoption will be the key to profitability going forward.
Read More →DealerTrack Registration and Titling Services Group is helping California dealers comply with a new state law that will take effect in July. It will require that all used vehicle offered for sale have a vehicles history report pulled from the National Motor Vehicle Title and Information System (NMVTIS).
Read More →Five car dealers have agreed to Federal Trade Commission settlement orders that require them to stop running ads in which they promise to pay off a consumer's trade-in no matter what the consumer owes on the vehicle.
Read More →DealerTrack will host several DealerTrack University webinars on best practices in the areas of mobile, leasing and compliance this month.
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The magazine’s resident legal wiz reports on what he saw and heard at the industry’s annual get-together last month, including reports of dealer investigations being conducted by the Federal Trade Commission.
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Connecting F&I to the digital world was the talk at the annual dealer and lender conventions last month, and opinions varied on what the F&I office of the future will look like.
Read More →NADA University announced it is now offering all of its legal and regulatory webinars — live and on-demand — at no cost to NADA and American Truck Dealer members and their staffs.
Read More →The Obama Administration unveiled a proposed “Consumer Privacy Bill of Rights” in a federal report last Thursday. It's part of a blueprint to ramp up consumer privacy protections on the internet, but it could also add additional requirements for dealers when it comes to protecting customer data.
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