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Complianceby Gregory ArroyoApril 14, 2015

CFPB Faces Mounting Criticism, New Bipartisan Bill

On the same day The Wall Street Journal published an op-ed piece critical of the CFPB’s targeting of the indirect auto finance channel, a bipartisan bill was introduced that aims to repeal the bureau’s guidance on dealer participation.

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Auto Financeby StaffApril 14, 2015

Black Book Adds VP of Lender Solutions

Black Book has selected Barrett Teague to serve as vice president of its Lender Solutions business.

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Complianceby StaffApril 14, 2015

NIADA Effort to Halt Oregon BHPH Bill Succeeds

A bill aimed at restricting the practices of buy-here, pay-here dealers in Oregon is off the legislative agenda following an effort by the NIADA to educate lawmakers about the legislation’s potential harmful effects on consumers.

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Digitalby StaffApril 14, 2015

Consumers Trust Social Media, Peer Reviews More than Dealers

A recent study conducted by Crowdtap found that 80% of car buyers were more likely to turn to their social network for car-buying advice than a salesperson.

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F&Iby StaffApril 14, 2015

‘Is It Compliant?’ to Cap Midwest Compliance Summit

Organizers of Compliance Summit have announced that the event will conclude with “Is It Compliant?”, an open-forum discussion of the topics raised in the course of the conference.

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Digitalby StaffApril 14, 2015

TrueCar Dealer Enrollment Hits All-Time High

TrueCar added 840 franchise and independent dealers in the first quarter of 2015, the biggest ever volume gain in company history, company officials said.

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Digitalby StaffApril 13, 2015

Lexus, Subaru Top DealerRater's Consumer Rating Index

DealerRater announced that Lexus and Subaru have received the highest ratings in customer satisfaction among all vehicle OEMs as part of its 2015 Consumer Rating Index.

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Auto Financeby StaffApril 9, 2015

Full-Size Vans Record Strongest Retention Value, Black Book Reports

Depreciation patterns are on a different trajectory than 2014, according to Black Book. The firm reported a 0.7% decrease in value for 2009-2013 model-year vehicles.

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Digitalby StaffApril 9, 2015

3 Birds Marketing Partners with Toyota

The technology firm has partnered with Toyota to offer its dealers tools to measure, track and improve their online performance and presence.

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Auto Financeby StaffApril 9, 2015

Larger Vehicles in Demand this Spring, Black Book Reports

Larger cars were more in demand this tax season, potentially as a result of low gas prices and improved overall strength in the broader economy.

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