Articles
NADA and the Miracle on 34th Street
Automotive dealers should follow the National Automobile Dealers Association's consumer-friendly guidelines in order to minimize their legal risks.
Read More →
F&I Showroom Magazine
MENU
SEARCHMENUSEARCHAutomotive dealers should follow the National Automobile Dealers Association's consumer-friendly guidelines in order to minimize their legal risks.
Read More →
In what is expected to have a big impact on the special-finance marketplace, the Federal Trade Commission (FTC) and the Federal Reserve Board (FRB) issued in late December finalized rules that will require creditors, including dealers, to alert consumers when derogatory credit data causes them to receive less than optimal terms. The rule is expected to take effect Jan. 1, 2011.
Read More →A Lackawanna County, Penn., used-car warranty company and its operators, accused of defrauding thousands of motorists across the country, are the subject of a lawsuit filed by the state’s Attorney General's Bureau of Consumer Protection.
Read More →Reynolds and Reynolds announced that Hyundai Capital America, which finances Hyundai and Kia vehicles sold in the United States, has adopted the Reynolds LAW 553 Universal Retail Sale Contract for use in its vehicle financing business.
Read More →Dealers are under fire for selling customers on the now-defunct Tires for Life program — despite ‘word moats’ built into the contract.
Read More →The Florida Office of Insurance Regulation issued on Dec. 21 an order to National Automotive Services Inc.; Warranty Financial Inc. a/k/a Warranty Financial O.R.G. Inc.; Warranty USA; and Warranty Services to cease and desist transacting the unauthorized marketing and selling of motor vehicle service agreement products in the state.
Read More →Terrence O’Loughlin, director of compliance for Reynolds and Reynolds, has been elected to the governing board of the Conference on Consumer Finance Law (CCFL), according to the Dayton Daily News.
Read More →A local news channel in Raleigh, N.C., reported on Dec. 7 that the North Carolina Division of Motor Vehicles (DMV) has identified 62 dealerships that have not delivered titles on vehicles paid in full within the time required by law.
Read More →Compli, a provider of on-demand workforce and compliance management software for auto dealers, introduces its Time-Off Tracker, a color-coded dashboard calendar that gives management a real-time snapshot of its department coverage by day, week and month.
Read More →When the FTC revised its telemarketing rule, it did so to curb the use of robocalls. Compliance expert breaks down the changes.
Read More →One amendment down, many more to go as automotive dealers face potentially disruptive new regulations.
Read More →
