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Penske Automotive has announced that J.D. Carlson, the company's senior vice president and corporate controller, was named executive vice president and CFO, effective immediately.
Read More →BB&T Bank’s dealer finance arm announced today that it is switching to a flat fee compensation model that eliminates dealer markups on retail installment sales contracts, effective July 1.
Read More →The New Jersey Division of Consumer Affairs has reached a $135,000 settlement with Bergen Auto Enterprises, which does business as Wayne Mazda and Wayne Auto Mall Hyundai. The dealerships were accused of engaging in deceptive business and advertising practices.
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Attorney General Eric Schneiderman, which announced on Wednesday a $14 million settlement with three Paragon dealerships, says he intends to file suit against 11 additional dealerships for the unlawful sale of credit repair and identity theft-prevention products.
Read More →The Consumer Financial Protection Bureau has sued auto loan company Security National Automotive Acceptance Company for aggressive and misleading debt collection tactics against military service members.
Read More →Eyewitness Surveillance announced the launch of a beta program for three products designed specifically for dealerships.
Read More →F&I trainer Tony Dupaquier was named director of Service Group's national training center. He will teach classes and develop the school's curriculum and marketing outreach.
Read More →Town & Country Ford has become the exclusive Motor Trend Certified Dealer in Evansville, Ind.
Read More →RoadVantage is offering bundled F&I product packages for both retail or lease customers on a single form as part of its Total Solution program.
Read More →The software giants are currently forming an integration team to determine how the combined companies will be organized once the deal closes in the third quarter. A company official said Cox had identified Dealertrack as an acquisition target last year.
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