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Compliance•by Staff•April 7, 2015

Ohio AG Sues Used-Car Dealership

Ohio Attorney General Mike DeWine has filed a lawsuit against a used-car dealership and its owner. The now-closed business has received approximately 30 consumer complaints, mostly related to vehicle title issues.

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F&I•by Staff•April 7, 2015

Heasley Forms Nationwide Dealer and Financial Services Agency

Rod A. Heasley, a 37 year auto Industry veteran, has announced the formation of KISS Concepts Group, a master agency serving independent agents of the automotive and prime and sub-prime finance industry.

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F&I•by Staff•April 7, 2015

March Sales Pace at 17.15 Million-Unit SAAR

Total new-vehicle sales in March increased 0.6% from a year ago to 1,545,802 units. The seasonally adjusted annual rate increased to 17.15 million units, according to Autodata Corp.

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F&I•by Staff•April 7, 2015

CATA’s Sloan Joins Midwest Compliance Summit

Dave Sloan, president of the Chicago Auto Trade Association (CATA), has agreed to serve as luncheon speaker for the Midwest Compliance Summit, to be held this month.

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F&I•by Staff•April 7, 2015

AFIP’s Robertson Joins Midwest Compliance Summit

Organizers of Compliance Summit have announced that David Robertson, executive director of the Association of Finance & Insurance Professionals, will speak at the Midwest event this month.

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Digital•by Staff•April 7, 2015

Digital Air Strike, Dealertrack Partner to Drive Lead Generation

Digital Air Strike and Dealertrack Technologies announced they have entered into channel and product agreements to help dealer clients drive lead response and generation opportunities.

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Compliance•by Staff•April 2, 2015

N.C. Dealer Hit With Third Sex Charge in Two Months

A used-car dealer was arrested this week for allegedly trading repairs on a Dodge Magnum for a sexual act. He was already facing charges stemming for two other incidents, including kidnapping and sexual battery.

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F&I•by Tariq Kamal•April 2, 2015

Buffett Won’t Steer F&I, Defends Franchise Model

The Billionaire investor weighs in on a host of topics, from Tesla and the franchise system to his acquisition of the Van Tuyl Group and the opportunities that lie in F&I.

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Compliance•by Brittany-Marie Swanson•April 2, 2015

NYC Seeks to Remove Dealers from Subprime Auto Finance

The New York City Department of Consumer Affairs announced a new car loan initiative this month, which would direct subprime car buyers away from dealership financing to loans provided directly by banks and credit unions.

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F&I•by Staff•April 2, 2015

Pelican Auto Finance, AUL Partner on New VSC Program

The subprime auto finance source joined forces with AUL to develop a new vehicle service contract program.

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