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F&I•by Staff•October 7, 2014

5 Serra Nissan Employees Arrested

The indictment of the five dealership employees follows federal charges levied against two other Serra Nissan sales managers earlier this year. They are facing federal charges related to a scheme to fraudulently boost loan approvals and car sales.

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F&I•by Staff•October 7, 2014

Zurich’s Brian Vance Earns AFIP Master Certification

Brian Vance, a regional F&I manager with Zurich North America, earned his master certification at an AFIP Certification Boot Camp in August. He is the second Zurich executive to do so.

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Showroom•by Staff•October 7, 2014

Auto/Mate Integrates With Infiniti’s Dealer Communication System

Infiniti dealers using Auto/Mate's DMS can now enjoy a seamless communication path with their manufacturer and the flexibility to adopt third-party applications.

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Compliance•by Gregory Arroyo•October 2, 2014

Chrysler Capital, Santander Lower Cap on Dealer Participation

The moves come just weeks after the CFPB proposed to oversee larger nonbank auto finance sources for the first time at the federal level.

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Compliance•by Staff•October 2, 2014

Former Dealership Employee to Serve 15 Months for Embezzlement

The former office manager of DeLaBruere's Auto Sales in Vermont will be serving 15 months in prison and paying more than $368,000 in restitution for stealing cash from the dealership and writing fake checks to cover it up.

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F&I•by Staff•October 2, 2014

Berkshire Hathaway to Acquire Van Tuyl Group

Warren Buffett’s holding company, Berkshire Hathaway, is expected to complete its acquisition of the Van Tuyl Group by the opening of 2015. After the purchase, the 78-store group will operate as Berkshire Hathaway Automotive.

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Auto Finance•by Staff•October 1, 2014

ADP Dealer Services Spinoff Now Listed on Nasdaq

CDK Global Inc., the new ADP Dealer Services company, began trading as a member of the S&P MidCap 400 Index yesterday.

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Showroom•by Staff•October 1, 2014

Potratz Releases Web Tool That Predicts Shopper Behavior

ExitGadget uses custom algorithms and device tracking technology to determine when a website visitor is exhibiting signs of abandoning the page. It then delivers a customizable message designed to covert the site visitor into a sales lead.

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F&I•by Staff•September 30, 2014

U.S. News Extends Deal With TrueCar

U.S. News is extending its deal with TrueCar for an additional two years. As part of the new agreement, TrueCar will provide the media outlet's website visitors with access to pre-owned vehicles available through its certified dealer network.

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Compliance•by Brittany-Marie Swanson•September 30, 2014

Protestors Gather at Calif. CarMax Location Over Recalled Vehicle Sales

Protestors flocked to a Roseville, Calif., CarMax store today to protest the sale of recalled vehicles and to call on the FTC to investigate the used-vehicle retailer.

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