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NewsMay 6, 2015

Most Dealers Unprepared for CFPB Regulations, eLEND Finds

In a recent survey, eLEND Solutions found that while 80% of dealers expect the CFPB to implement regulations that would replace dealer participation with mark-up thresholds or a flat-fee model, only 40% have plans in place to meet those requirements.

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ArticlesMay 4, 2015

Take a S.W.O.T. at Success

Given the many changes taking place in the F&I field, the AFIP’s executive director says a little self-inspection is in order if you hope to win the F&I trifecta.

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ArticlesMay 1, 2015

Spin Control

The magazine’s resident legal insider says the media departments at two of the industry’s top regulators got a little too creative with their recent work.

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Newsby Brittany-Marie SwansonMay 1, 2015

Texas DMV Halts Plan to Fine Dealers With CarGurus Listings

The Texas Department of Motor Vehicles Enforcement Division has pulled back on its plan to fine dealers with listings on CarGurus.com after the department and the shopping site discussed revisions to CarGurus’ advertising practices in a call yesterday.

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Newsby Brittany-Marie SwansonApril 30, 2015

Texas Dealers Could Face Fines Over CarGurus’ Business Practices

Last week, the Texas Department of Motor Vehicles Enforcement Division issued a cease-and-desist letter to CarGurus and the state’s dealer association, threatening dealers with fines up to $10,000 a day if the shopping site does not revise its advertising practices.

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NewsApril 27, 2015

Firm Suing TrueCar Adds to Litigation Team

Bellavia Blatt & Crossett has added Thomas Williams, Esq., to its litigation team prosecuting TrueCar for false advertising.

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NewsApril 22, 2015

GWC Warranty VSCs Now Available in All 50 States

After receiving regulatory approval in Alaska, the F&I product provider announced that it's now able to operate in all 50 states.

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NewsApril 21, 2015

Hudson Cook Adds Partner to N.Y. Office

Hudson Cook LLP has added Trisha Cacciola as a partner in its Long Island, N.Y. office.

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NewsApril 21, 2015

Dealer Fined $50K for Deceptive Ads Targeting Military

A Tennessee dealership accused of using deceptive advertising to target service members will be required to pay a $50,000 fine and change its advertising practices.

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Newsby Gregory ArroyoApril 16, 2015

Second Bill Aimed at Reining in the CFPB Passes House by 401-2 Vote

Three days after a bipartisan bill aimed at repealing the CFPB’s March 2013 dealer participation guidance was introduced, the House passed a second bill that would open the bureau’s committee meetings to Congress and the public.

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