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Aside from entitling dealers to benefits and incentives tied to an OEM-ordered renovation for up to 10 years after construction is completed, the new law...
https://www.autodealertodaymagazine.com/323261/florida-law-addressing-factory-image-programs-takes-effectThe Federal Open Market Committee approved a quarter-point hike in the federal funds rate. While auto loans aren’t expected to change much, the rate...
https://www.autodealertodaymagazine.com/323235/fed-reserve-approves-second-rate-hike-this-year
Four days after the U.S. House passed a bill aimed at reversing a number of Dodd-Frank financial regulations and scaling back the CFPB’s authority, the...
https://www.autodealertodaymagazine.com/323231/house-approves-dodd-frank-replacement-bill
The F&I product provider rolled out a new virtual F&I model aimed at powersports and independent dealers, but the executive overseeing the service offered...
https://www.autodealertodaymagazine.com/323212/efg-companies-launches-virtual-fi-service
A day after House Republicans called for the dismissal of CFPB Director Richard Cordray, the American Financial Services Association called on Congress to...
https://www.autodealertodaymagazine.com/323072/afsa-to-congress-the-cfpb-needs-to-be-reined-inIn an amicus brief filed last Friday, the Justice Department called on the D.C. Circuit Court to uphold the appellate court's 2-1 ruling in a New...
https://www.autodealertodaymagazine.com/323037/justice-department-files-amicus-brief-against-cfpb
The more than 1,000 credit unions on CU Direct’s lending platforms maintained their No. 2 spot on Experian’s auto finance leaderboard in January. And with...
https://www.autodealertodaymagazine.com/323019/cudl-holds-onto-no-2-spot-in-auto-finance-rankingsEvery type of debt posted a quarter-over-quarter increase, with auto loan balances increasing by $22 billion ($93 billion from a year ago) to $1.16...
https://www.autodealertodaymagazine.com/322981/new-york-fed-auto-originations-reach-18-year-high-in-2016
The D.C. Circuit granted the bureau’s request to reconsider last October’s three-judge ruling that the bureau’s structure is unconstitutional, vacating a...
https://www.autodealertodaymagazine.com/322963/d-c-circuit-grants-cfpbs-request-to-defend-single-director-structurePresident Donald Trump took his first step toward making good on his promise to dismantle the Dodd-Frank Wall Street Reform and Consumer Protection Act,...
https://www.autodealertodaymagazine.com/322929/president-trump-orders-review-of-dodd-frank