Compliance pros lay out a plan for keeping regulators at bay. If followed, the four-step plan may also help with a dealership’s customer-retention efforts.
Findlay Automotive Group has selected Automotive Compliance Consultants’ compliance services to ensure the group’s 26 dealerships comply with regulations.
Dick Witcher, outgoing chairman of the American Truck Dealers, urged dealers at the ATD Convention & Expo in New Orleans to meet with members of Congress as “the first step in combating regulatory burdens.”
The magazine’s legal insider offers her predictions for 2014. None of them should be surprising, but the industry is in for a ride if her forecast is realized.
The CFPB, FRB and DOJ joined forces to host a fair lending webinar. The latter two shed some light on their approach to determining rate discrimination, but the CFPB’s standards for determining disparate impact remain a mystery.
Between zero percent financing and looming regulatory changes, F&I managers have reason to worry. The editor weighs in with advice he learned in the batting cages.
Whatever you’ve heard about the Red Flags Rule, the FTC’s weapon against identity theft is still in play for most dealers. But there are some changes to consider.
A reform bill that would allow California auto dealers to raise document fees by at least $25 was passed last week by the state legislature. The bill now awaits Gov. Jerry Brown’s signature.
The Federal Trade Commission’s second roundtable will be staged at St. Mary's University School of Law on Aug. 2-3.
F&I professionals are well positioned to take a leadership role in the dealership because of their range of knowledge. Valuable managers try to help everyone involved in the sale and purchase of a new vehicle.
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