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Complianceby Brittany-Marie SwansonSeptember 25, 2014

CFPB Lacks Proper Data Security, Report Says

A report released by the United States Government Accountability Office this week found that the CFPB, which has collected information on up to 600 million financial accounts, has fallen short in its data-protection efforts.

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Digitalby StaffSeptember 23, 2014

Haystack, vAuto Partner to Improve Search Marketing Results

Haystak and vAuto are combining vehicle-specific data with targeted advertisements to tailor search engine ads to car buyers who are searching for used cars online.

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Auto Financeby StaffSeptember 23, 2014

Help F&I and Showroom Select the 2014 F&Idol Winner

The magazine made available this week the voting page for the final round of the IAS-sponsored F&Idol competition. Review the five video entries and vote for the overall winner of the 2014 contest.

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Auto Financeby StaffSeptember 23, 2014

Exeter Finance Corp. Completes $1.65 Billion Warehouse Funding Facility

A wholly owned subsidiary of Exeter Finance has completed the renewal and extension of its warehouse funding facility, which was increased to $1.65 billion.

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Digitalby StaffSeptember 23, 2014

New Online Tool Triggers Real-Time Leads for Dealerships

AutoLoop has added a feature to its Essentials platform called Instant Online Leads, alerting sales personnel when a prospective car buyer is requesting more information on a dealer’s website.

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F&Iby StaffSeptember 23, 2014

Feldman Joins Spencer Re from Allstate Dealer Services

Brian Feldman joins Spencer Re as executive vice president to manage the firm’s automotive F&I business

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Digitalby StaffSeptember 23, 2014

Dealers Failing to Capture Customers Over the Phone, Marchex Reports

When a potential customer calls a dealership, that call goes unanswered one out of six times, according to data from mobile advertising technology company Marchex Inc.

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F&Iby StaffSeptember 23, 2014

Cadillac Becomes Separate Business Unit

General Motors has announced a strategic realignment that will establish Cadillac as a separate business unit. In addition, the new Cadillac organization will expand to New York with a new global headquarters opening in 2015.

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Digitalby StaffSeptember 23, 2014

TrueCar Expands Dealer Council

TrueCar adds four new members to its National Dealer Council, a 20-member advisory panel of automotive retailing experts. With the new additions, the council now represents all major automakers.

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Complianceby StaffSeptember 23, 2014

Compliance Firm Examines New CFPB Rule

The CFPB has proposed a new rule to oversee larger nonbank auto finance companies for the first time at the federal level. The compliance firm suggests that this could significantly affect compensation policies in dealerships.

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