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Reports and accounts at variance show auto dealers’ trust profiles have risen in many consumers’ minds but that there remains a need for greater transparency by some.
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The Comptroller of the Currency warned in a speech delivered yesterday that the pace of auto lending reminds him of the mortgage industry in the run up to the 2009 financial crisis.
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The law firm representing dealers in lawsuits filed against TrueCar and Carfax filed suit against Autotrader last week. This time, the firm is representing a New York-based dealer group that claims the site inflated page views its vehicle listings received over a five-year period.
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Can you fire an employee for making inappropriate posts on social media? A human resources expert explains why the answer might be ‘No.’
Read More →The dealership software, documents, and compliance services provider has acquired IDS, a provider of mortgage documents and compliance services.
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A month after being appointed to the post, Winfried Vahland has resigned as the division president of Volkswagen North America, according to a report by the New York Times. Vahland leaves after 25 years with the company.
Read More →Next week, RouteOne will hold its third quarterly dealer compliance webinar for dealers seeking to improve compliance and data protection.
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The NADA’s board of directors has elected Jeff Carlson as its 2016 chairman. The Colorado dealer is currently serving as NADA vice chairman.
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The magazine’s compliance expert tackles some pervasive regulatory myths surrounding the F&I office.
Read More →The NADA has filed a second Freedom of Information Act request for internal CFPB documents that allegedly show the bureau intended to regulate the auto finance market through enforcement action. An earlier request was denied.
Read More →A former office manager at Lithia Chrysler Jeep Dodge in Montana pleaded guilty this week to stealing approximately $288,000 from the dealership over a nine-year period.
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