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NADA Still Pushing For CFPB Transparency

One day after the CFPB rejected its Freedom of Information Act request to release an internal memo that proves the bureau is targeting dealers, the NADA urged members of the U.S. House Financial Services Committee to pass a bill that would repeal the bureau’s auto lending guidance.

July 28, 2015

NADA Urges Dealers to Oppose Recall Amendment

An amendment rejected by the Senate Commerce Committee last week that would have barred dealers from selling recalled vehicles could be attached to a multi-year highway funding bill, the NADA warns.

July 23, 2015

NADA Files Request to Make CFPB Memo Public

The National Automobile Dealers Association filed a Freedom of Information Act request Monday, seeking to make a Consumer Financial Protection Bureau memo about limiting dealer discretion public.

July 14, 2015

NADA’s Koblenz Joins Industry Summit Roster

The NADA official who has spearheaded the association's efforts to protect franchised dealers from federal regulatory overreach will be at Industry Summit 2015 to deliver a keynote address, event organizers announced this week.

June 30, 2015

Second Bill Aimed at Reining in the CFPB Passes House by 401-2 Vote
CFPB Holds Auto Finance Hearing Following New Rule Proposal

NADA Shows Support for New CFPB Reform Bill

The NADA is urging Congress to pass a new bipartisian bill introduced this month that would nullify the CFPB’s guidance on auto lending and require more transparency from the bureau in the future.

September 11, 2014

Industry Responds to New York Times Op-Ed on Subprime Auto Loans
Causing Disruption

Causing Disruption

A relatively new company is aiming to put dealers back in control of their data, but its founder knows not everyone views his solution as the answer to managing the data.

July 14, 2014

Congress Votes to End Dealer Paperwork Requirement

The U.S. Senate unanimously approved a bill last week that eliminates a provision in the Clean Air Act that requires dealers issue a certificate to consumers that confirms a vehicle’s compliance with the law.

May 27, 2014

NADA: Flat Fees Do Not Eliminate Discretion

A memo released by the NADA this week states that the CFPB’s proposed method for eliminating fair lending risk in the auto lending arena would do no such thing. Instead, dealers would still have discretion when it comes to selecting a finance source for their customers.

May 20, 2014

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