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Superior Integrated Solutions announced that that it has surpassed seven million DMS transactions with Ford SMARTT dealers.
Read More →An informal survey conducted by Auto/Mate Dealership Systems found that only 20% of dealership sales and service department utilize tablets. In F&I, only 7% of F&I departments polled employ a tablet-driven process.
Read More →A Tennessee dealership accused of using deceptive advertising to target service members will be required to pay a $50,000 fine and change its advertising practices.
Read More →Vboost Inc. announced that it has sent 250,000 photo communications on behalf of its dealer clients.
Read More →Organizers of Compliance Summit have announced the inclusion of a panel discussion devoted to rules and regulations moderated by Mosaic Compliance Services' Jim Ganther.
Read More →The country’s largest auto lender, Wells Fargo, tempered its auto lending activities in 2015’s first quarter, with new originations down 10% from the previous year. Also reporting was J.P. Morgan Chase, which increased originations by 9%.
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Three days after a bipartisan bill aimed at repealing the CFPB’s March 2013 dealer participation guidance was introduced, the House passed a second bill that would open the bureau’s committee meetings to Congress and the public.
Read More →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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Black Book has selected Barrett Teague to serve as vice president of its Lender Solutions business.
Read More →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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