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NewsJanuary 29, 2013

FTC Staff Warns 11 Arkansas Dealers About Used Car Rule Violations

The FTC warned 11 used-car dealers in Jonesboro, Ark., that they’re violating the Used Car Rule. Eight of the dealerships failed to display Buyers Guides on used vehicles for sales, while three failed to display notices on a ‘significant number’ of cars.

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NewsJanuary 29, 2013

January a Mixed Bag So Far, CNW Reports

Floor traffic is up, as are deliveries, but CNW reports that sales in January are still off last year’s pace. But the numbers also show that April to May could be big months for dealers.

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NewsJanuary 29, 2013

Firm Offers Compliance Advice to Dealers

Automotive Compliance Consultants issued a press release this week that advises dealers to integrate compliance efforts into the road of the sale, says doing so improve closing ratios.

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NewsJanuary 29, 2013

MPi, TEGA Technologies Partner Up on Service Tool

The two companies have combined forces on a new service department tool called Service Turn. It will be showcased at the 2013 NADA Convention and Expo.

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NewsJanuary 29, 2013

NIADA Expands Relationship with Wolters Kluwer

The National Independent Automobile Dealers Association added Wolters Kluwer Financial Services to its National Corporate Partner Program.

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NewsJanuary 29, 2013

Compli to Unveil New Compliance Tools at 2013 NADA Convention

Compli will unveil at the 2013 NADA Convention and Expo a new SaaS platform for its HR and complaince management software.

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NewsJanuary 29, 2013

LoJack, TomTom Form Strategic Alliance

LoJack and TomTom are joining forces to offer fleet management and vehicle protection services, the two companies announced last week. The new business venture will be marketed under the LoJack Automotive Dealership and Commercial Distribution Networks brand name.

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NewsJanuary 29, 2013

[Video] Tip of the Week: Presenting the Right Options

A good discovery interview doesn’t mean anything unless your product presentation matches what you’ve learned about the customer. The F&I Professor explains how that’s done in F&I's Tip of the Week.

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NewsJanuary 29, 2013

Auto Loan Refinancing Should Top 2012 Levels, CNW Reports

CNW Research says refinancing is back, and predicts that the percentage of refinanced auto contracts will top 14 percent in 2013.

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NewsJanuary 24, 2013

Three Top 20 Finance Sources Report Solid Loan Growth in 2012

Chase, Wells Fargo and Huntington Bank report expanded auto lending in the fourth quarter 2012 vs. the same quarter in 2011.

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