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Compliance•by Staff•September 24, 2015

Dealer Charged With Forging Police Officer’s Signature

The president of a Michigan dealership is facing 14 felony charges after he allegedly submitted falsified vehicle inspection forms to a government office.

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F&I•by Paul Clinton•September 23, 2015

VW CEO Resigns Amid Emissions Scandal

Volkswagen's Martin Winterkorn has resigned from his post in the wake of the company's developing emissions scandal.

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Digital•by Staff•September 23, 2015

AutoVIN Assembles Leadership Team for Expanded Operations

AutoVIN, a subsidiary of ADESA, has assembled a seasoned leadership team for the company’s expanded operations in Canada and the United States.

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F&I•by Staff•September 23, 2015

CreditMiner Receives Bureau Global Reseller Status

CreditMiner has been granted full global reseller status with all three national credit bureaus, allowing for a seamless transition from a soft bureau transaction to a full application within the company’s software platform.

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Digital•by Staff•September 23, 2015

Edmunds Announces Four Executive Hires

Edmunds.com has appointed four new executives to its leadership team in the marketing and dealer business segments.

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F&I•by Staff•September 23, 2015

Default Rates Increased in August

Default rates inched up in August across multiple consumer credit categories, including auto loans and mortgages, according to data released by S&P Dow Jones Indices and Experian.

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Auto Finance•by Staff•September 22, 2015

(UPDATED) CFPB Officials Acknowledge Issues With Proxy Methodology, American Banker Reports

Internal CFPB documents obtained by American Banker show bureau officials repeatedly acknowledging that the method used for detecting discrimination by indirect auto lenders may overestimate disparities.

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Digital•by Staff•September 22, 2015

Manheim Names Senior VP of Inventory Services

Manheim has appointed Grace Huang as senior vice president of inventory services. In this newly-created role, Huang will focus on the operational, revenue-generating organizations within the business and for product management.

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Auto Finance•by Paul Clinton•September 22, 2015

Volkswagen 'Deeply Sorry' About EPA Violation

Volkswagen's chief executive apologizes for emissions scandal and promises to 'do everything necessary in order to reverse the damage this has caused.'

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Auto Finance•by Staff•September 22, 2015

Black Book Identifies Underwriting Strategies for Lenders

In order to manage risk levels and achieve ongoing profitability, lenders need to use collateral and residuals in the underwriting process. That’s according to a new whitepaper from Black Book’s Lender Solutions division.

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