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Categories: Compliance, Digital, F&I
Fraud Alert

Mansfield Auto World employees were stunned when a seemingly normal online transaction nearly turned into an international crime. Authorities say the...

https://www.fi-magazine.com/310746/fraud-alert
Categories: Auto Finance, Compliance, Dealer Ops, F&I

CFPB Director Richard Cordray was met with hostility on Tuesday during the bureau’s semi-annual report to Congress. The hearing took place a day before a...

https://www.fi-magazine.com/321941/cfpb-accused-of-using-junk-science-to-regulate-auto-lending
Categories: Auto Finance, Compliance, Dealer Ops, F&I

CFPB Director Richard Cordray was met with hostility on Tuesday during the bureau’s semi-annual report to Congress. The hearing took place a day before a...

https://www.autodealertodaymagazine.com/321941/cfpb-accused-of-using-junk-science-to-regulate-auto-lending
Categories: Auto Finance, Compliance, Dealer Ops, F&I
Fifth Third Bank to Cap Dealer Markups

The CFPB and DOJ announced two actions against Fifth Third Bank on Monday, one of which requires the finance source to pay $18 million in restitution to...

https://www.fi-magazine.com/321932/fifth-third-bank-to-cap-dealer-markups
Categories: Auto Finance, Compliance, Dealer Ops, F&I
Fifth Third Bank to Cap Dealer Markups

The CFPB and DOJ announced two actions against Fifth Third Bank on Monday, one of which requires the finance source to pay $18 million in restitution to...

https://www.autodealertodaymagazine.com/321932/fifth-third-bank-to-cap-dealer-markups
Categories: Compliance, Dealer Ops, F&I
Santander Faces Class-Action Over ‘Worthless’ GAP Coverage

A woman who says she was duped into purchasing “void and worthless” GAP coverage has filed a class action suit against the finance source on behalf of...

https://www.fi-magazine.com/321929/santander-faces-class-action-over-worthless-gap-coverage
Categories: Compliance, Dealer Ops, F&I
Santander Faces Class-Action Over ‘Worthless’ GAP Coverage

A woman who says she was duped into purchasing “void and worthless” GAP coverage has filed a class action suit against the finance source on behalf of...

https://www.autodealertodaymagazine.com/321929/santander-faces-class-action-over-worthless-gap-coverage
Categories: Compliance
Dealer Group Accuses Maserati of Inflating Sales Numbers

A New York-based dealer group has filed a $200 million lawsuit against Maserati, claiming that the OEM inflated sales numbers and rewarded dealers who...

https://www.fi-magazine.com/321888/dealer-group-accuses-maserati-of-inflating-sales-numbers
Categories: Compliance, Showroom, Training
CNCDA Says Tesla’s Referral Program Violates Bird-Dogging Ban

The California New Car Dealers Association has called on the California Department of Motor Vehicles to investigate Tesla Motors’ referral program, which...

https://www.fi-magazine.com/321878/cncda-says-teslas-referral-program-violates-bird-dogging-ban
Categories: Compliance, Showroom, Training
CNCDA Says Tesla’s Referral Program Violates Bird-Dogging Ban

The California New Car Dealers Association has called on the California Department of Motor Vehicles to investigate Tesla Motors’ referral program, which...

https://www.autodealertodaymagazine.com/321878/cncda-says-teslas-referral-program-violates-bird-dogging-ban


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