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New legislation aimed at strengthening dealer protections under California’s franchise laws will have its first committee hearing on Monday. One of its provisions specifically addresses the disclosure policy General Motors issued last summer regarding the sale of non-GM service contracts.
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Black Book’s most recent depreciation data charts a spring surge — and predicts a decline — in values for compacts and other smaller-car segments.
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Ally Financial announced a number of promotions and the departure of former President of Auto Finance Tim Russi.
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Today’s vote leaves it up to the House of Representatives to pass its version of the joint resolution of disapproval. Once that happens, only the president’s signature stands in the way of the industry’s more than five-year campaign to get the CFPB’s controversial guidance repealed.
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Podium has joined the ranks of preferred dealership providers for the BMW/Mini and Fiat Chrysler brands.
Read More →The new partnership is designed to combine Hearst Autos’ Car and Driver shopping tools with CDK Global’s dealer websites.
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The company’s new CFO brings 35 years of experience in the insurance and automotive industries to the role, having most recently served as executive vice president and CFO of The Warranty Group.
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The proprietary paint protection film’s zero orange peel finish and clear coat properties make it virtually invisible. Its self-healing capabilities also allow fine scratches and swirls to virtually disappear with exposure to heat.
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Wells Fargo’s first-quarter earnings call was staged amid a string of regulatory concerns, declining auto originations, and the sale of a Puerto Rican subsidiary. But the company’s chief executive said the bank’s auto finance business will grow again.
Read More →For the second consecutive year, the National Association of Business Resources named the F&I product provider to its ‘101 Best and Brightest Companies to Work For’ list. The company was also named one of the ‘Healthiest Employers in Atlanta’ by the Atlanta Business Chronicle.
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