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Hudson Cook adds another former CFPB official to its offices in Washington, D.C., in Lucy Morris. She was a founding member of the implementation team that organized the CFPB after passage of the Dodd-Frank Act.
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More than 400 dealers traveled to the nation’s capital in support of a new bill that could nullify the CFPB’s guidance on auto lending.
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A House committee released a report this week that raised questions about how the National Highway Traffic Safety Administration responded to consumer complaints regarding faulty ignition switches on GM vehicles.
Read More →This week, the Supreme Judicial Court of Massachusetts upheld a lower court’s ruling that dealers did not have grounds to challenge Tesla Motors’ ability to sell vehicles in the state.
Read More →Banco Santander has reached an agreement with Carfinco to acquire its Canadian business for $298 million Canadian dollars. Under the agreement, a new company will be formed in which Santander will own approximately 95% of the equity, while top management of Carfinco will retain 5%.
Read More →Representatives from 10 dealerships attended an AFIP certification boot camp hosted by Premier Warranty Inc. in Texas this June.
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The Savanah, Ga.-based dealer group was named F&I and Showroom’s 14th F&I Dealer of the Year at the magazine’s annual conference and expo, which was held this week at the Paris Las Vegas.
Read More →Dealers who purchase vehicles at Manheim auctions now have the option to buy a purchase guarantee that allows them to return a vehicle for any reason for up to 21 days and receive a 100% refund of the purchase price and buyer’s fees.
Read More →In August, prices were down on a year-over-year basis for the first time since the beginning of 2014, part of a softening trend in wholesale prices.
Read More →The NADA is urging Congress to pass a new bipartisian bill introduced this month that would nullify the CFPB’s guidance on auto lending and require more transparency from the bureau in the future.
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