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Asbury Automotive executives were confident that the dealer group’s internal caps on dealer markup and its fixed F&I product prices will keep it safe from...
https://www.fi-magazine.com/321814/asbury-comfortable-with-cfpb-limits-on-dealer-markupSonic executives said the company is delaying plans to launch a captive finance company in light of the CFPB’s recent settlement with Honda Finance. But the...
https://www.fi-magazine.com/321802/sonic-cautious-about-cfpb-but-revs-up-hybrid-fi-push
At the CFPB’s semi-annual report to Congress Wednesday, the bureau’s director praised Honda Finance for setting limitations on dealers’ ability to mark up...
https://www.fi-magazine.com/321798/cfpbs-cordray-commends-hondas-new-markup-policy
Just two weeks after American Banker reported that the CFPB was planning to cite three captive auto finance companies for policies that allegedly caused...
https://www.fi-magazine.com/321790/cfpb-doj-reach-24m-settlement-with-honda-financeThe CFPB won’t lose a key weapon in its auto-lending crackdown, but the court’s 5-4 decision does open the door to challenges in auto finance.
https://www.fi-magazine.com/310683/supreme-court-upholds-disparate-impact
Marketing experts and dealers alike agree that dealers who ignore social media are more than behind the times — they are driving away potential customers.
https://www.fi-magazine.com/310676/status-update