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Newsby Gregory ArroyoMay 13, 2014

UPDATED: FTC Probing Biweekly Payment Products, the NADA Warns

Biweekly payment providers continue to react to the memo the NADA issued last week. This week, Economic Advantages Corp. offers its take on the alert.

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NewsMarch 25, 2014

NADA-ATD Academy to Hold Weeklong Service Seminar

The advanced service seminar will focus on strategies, processes and best practices designed to maximize productivity and profitability of dealership service departments.

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Articlesby Brittany-Marie SwansonMarch 11, 2014

Full Speed Ahead

Compliance was top of mind at the 2014 NADA Convention & Expo, with product vendors showing the way to a faster, more transparent process in the F&I office and throughout the sales process.

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Articlesby Gregory ArroyoMarch 11, 2014

CFPB Takes Center Stage

Strong words at NADA 2014 and the Vehicle Finance Conference indicate that both sides of the rate participation debate are preparing for a long, drawn-out battle.

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Newsby Brittany-Marie SwansonFebruary 20, 2014

Dealertrack Posts Record Revenue for 2013

The tech firm touted a 24% increase in revenue for 2013. It also noted that more than 1,000 dealers visited the company’s booth at the NADA Convention & Expo.

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Newsby Brittany-Marie SwansonFebruary 18, 2014

Penske Holds Off on Adopting NADA Compliance Program

Officials with Penske Automotive Group, which reported a record fourth quarter, said the operation will “wait and see” when it comes to adopting the NADA’s new fair lending compliance program.

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Newsby Brittany-Marie SwansonFebruary 6, 2014

Asbury ‘Very Confident’ About Meeting CFPB’s Requirements

Asbury Automotive Group, which reported a record fourth quarter, does not plan to alter any business practices in response to the CFPB’s scrutiny of rate participation programs. Officials reveal that the dealer group already has already adopted many of the regulator's recommendations.

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NewsFebruary 6, 2014

Digital Air Strike Names Winners of Social Media and Reputation Awards

The reputation-management company announced the winners of its second annual Social Media and Reputation awards, recognizing dealers and vehicle OEMs in 15 categories.

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Newsby Stephanie ForsheeFebruary 4, 2014

NADA Adds Guidance for Dealers about Data

The NADA issued at its annual convention an addendum to the dealer data guidance it released this past summer. It includes a sample vendor agreement that lays out limitations on what data tech vendors can access from dealers.

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Newsby Gregory ArroyoFebruary 4, 2014

Move to Flats Unlikely in 2014, Says AutoNation’s Jackson

AutoNation’s chief executive says he doesn’t expect the CFPB to eliminate rate participation, but he admits to not knowing ‘the end of the story yet.’

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