The coronavirus appears to be driving the automotive industry to selling vehicles remotely, a radical departure from the traditional dealer model. By identifying the issues that dealers need to contemplate, we find some solutions to the new direction we’re heading.
September 9, 2020
Buying behaviors may change for a growing number of potential car shoppers, many who have lost jobs or been furloughed due to the economic fallout of the pandemic. As more lenders rely on advanced real-time data, they may mitigate risk and put themselves in a better competitive position.
September 8, 2020
The Department of the Treasury issued guidance on the Aug. 8, 2020 Presidential Executive Order that defers an employer’s obligation to withhold, deposit, and pay the employee’s portion of the payroll tax on wages earned between Sept. 1, 2020 and Dec. 31, 2020.
August 31, 2020
Remote online notarization to streamline touchless purchase of vehicles and more.
August 25, 2020
Virus or no virus, the law is still going to change and mandate new responsibilities for you and your business. Here are five recent legal developments that could affect your dealership that you might have missed.
August 20, 2020
Will a COVID waiver protect your business? There is no definitive answer as of early 2020, but after a review of the risks, it may be deemed an advisable addition to your compliance quiver.
August 11, 2020
Claims adjuster shares a true story of unintentional deceit and offers a warning of an issue that happens in dealerships across the country.
August 5, 2020
As rules and regulations evolve, so must your employee handbook. Here is the basis for updating your dealership’s handbook today.
July 20, 2020
There is an increasing number of car thieves using identity theft to steal vehicles. And rather than going after cars on the street, they’re targeting dealers.
July 6, 2020
On Monday, The Supreme Court ruled that the structure of the Consumer Financial Protection Bureau is unconstitutional.
June 30, 2020
Independent Dealer’s Guide outlines changes and best practices for operating through the pandemic.
June 16, 2020
As COVID-19 has lead to more vehicles being financed and purchased online, the ability of the F&I department to sift out synthetic fraud will be increasingly valuable to them. F&I managers are encouraged to take another look at available technologies to identify synthetic fraud when practiced against their dealership.
June 11, 2020
New platform is a free tool for auto repair services to share their compliance
with COVID-19 safety standards.
May 26, 2020
Recall Masters, Inc. announced the launch of a special COVID-19 Response Kit at no cost for its auto dealer clients.
April 7, 2020
America’s auto dealerships continue to work through the challenges of operating during the coronavirus pandemic. Service departments, personal transportation are still important in countries where a nationwide lockdown has been implemented.
April 2, 2020