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NADA Mounts Opposition to Enhanced Safeguards Rule

NADA Mounts Opposition to Enhanced Safeguards Rule

National Automobile Dealers Association officials have told the FTC that proposed new provisions to the Safeguards Rule may be unnecessary and could cost smaller dealers more than $400,000 in the first calendar year of enforcement.

September 9, 2019

A Life of Crime at the Heights of Success

A Life of Crime at the Heights of Success

The long list of offenses committed by dealers and other highly successful people proves desperation is not the only cause of criminal behavior.

September 2, 2019

Mazda Dealer Faces Termination Over Warranty Work

Mazda Dealer Faces Termination Over Warranty Work

Mazda has attempted to cancel its franchise agreement with a Texas dealer for failing to complete Takata airbag recall orders. The matter will be decided in a hearing ordered by state regulators.

August 26, 2019

S.C. Dealer Sues Former GM, F&I Manager

S.C. Dealer Sues Former GM, F&I Manager

Hoover Mitsubishi’s Mark Hoover has sued two former employees accused of doctoring auto loan applications, a scheme that led to an FBI raid and the shuttering of the dealership.

August 21, 2019

Va. Parts Manager Faces 20 Years for Embezzlement

Va. Parts Manager Faces 20 Years for Embezzlement

A former dealership employee was accused of systematically scrapping nearly $250,000 worth of catalytic converters and selling them to a recycling center for pennies on the dollar.

August 13, 2019

DOJ Settles Nissan Captive Case for $3M

DOJ Settles Nissan Captive Case for $3M

The U.S. Department of Justice announced Nissan Motor Acceptance will pay $3 million to settle charges that it unlawfully repossessed 113 vehicles belonging to active military members.

August 7, 2019

Fla. Chevrolet Dealership Agrees to Million-Dollar Settlement
Father/Son Dealers Face Federal Fraud Charges

Father/Son Dealers Face Federal Fraud Charges

Mehdi and Saaed Moslem have been charged with tax and bank fraud after IRS and FBI investigators say they uncovered a scheme to hide — then inflate — income from their Upstate New York auto dealership.

August 5, 2019

Feds: Texas Dealership Fronted Gambling Enterprise

Feds: Texas Dealership Fronted Gambling Enterprise

Three members of the Tillery family of Beaumont, Texas, have admitted to operating a gambling and money laundering ring fronted by their buy here, pay here dealership and its holding company.

July 9, 2019

FTC: DealerBuilt Hack Affected 130 Dealerships

FTC: DealerBuilt Hack Affected 130 Dealerships

A 2016 cyberattack laid bare the personally identifiable information of about 12.5 million customers of 130 U.S. dealerships, according to a Federal Trade Commission bulletin announcing a consent agreement with dealer software provider DealerBuilt.

June 13, 2019

Dealer Extortion Attempt Ends With Arrest

Dealer Extortion Attempt Ends With Arrest

A Florida man was arrested after police say he attempted to use lost sales records to extort the owner of Jon Hall Chevrolet of Daytona Beach for $50,000 and a new Malibu.

June 10, 2019

Lori Church Is a Swiss Army Knife for John Elway Dealerships
The CFPB’s Spirit Lives On

The CFPB’s Spirit Lives On

Attorney Eric Johnson fields questions about the state of the CFPB, the now fully staffed FTC, and the aggressive stance of state attorneys general. He also offers a critical update on the Military Lending Act.

August 6, 2018

Wells Fargo Faces $1 Billion Fine for Mortgage and Auto Insurance Issues
A War on Many Fronts

A War on Many Fronts

NADA chairman and Michigan dealer Wes Lutz takes the association’s helm during a time of transition and conflict at the factory, retail and legislative levels.

March 9, 2018