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The expected regulatory rollback, plateauing sales, rising interest rates, and the push to change the in-dealership experience clouds the F&I industry’s...
https://www.autodealertodaymagazine.com/322916/efg-companies-fi-industry-faces-murky-2017Jeff Carson likened his year as chairman of the NADA to piloting a plane during a ‘catastrophic electrical failure,” noting that he experienced situations...
https://www.autodealertodaymagazine.com/322910/nada-chairman-hope-for-the-best-prepare-for-the-worstRegulatory insiders say there are two ways the Trump administration can deliver on its promise to dismantle the Dodd-Frank. But neither scenario has a high...
https://www.autodealertodaymagazine.com/322749/regulatory-insiders-repeal-of-dodd-frank-possible-but-unlikelyAutomotive retailing isn’t the only segment exploring the risks and opportunities of the Digital Age. On Monday, the CFPB issued its first-ever Project...
https://www.autodealertodaymagazine.com/322695/cfpbs-project-catalyst-opens-door-to-innovationAutomotive Compliance Consultants warned dealers not to let their guard down after last week’s federal appeals court ruling that the CFPB’s structure is...
https://www.autodealertodaymagazine.com/322673/firm-urges-dealers-to-remain-vigilant-in-wake-of-cfpb-rulingOn Tuesday, a federal appeals court ruled that the structure of the Consumer Financial Protection Bureau is unconstitutional. The appellant court’s main...
https://www.autodealertodaymagazine.com/322664/federal-appeals-court-rules-cfpb-structure-unconstitutionalLast week, the U.S. House Financial Services Committee passed the Financial CHOICE Act, which supporters describe as an alternative to the Dodd-Frank Act....
https://www.autodealertodaymagazine.com/322613/u-s-house-committee-passes-bill-aimed-at-replacing-dodd-frankThe Consumer Financial Protection Bureau used its field hearing today to issue its proposed rule targeting what Director Richard Cordray called “payday debt...
https://www.autodealertodaymagazine.com/322394/cfpb-issues-small-dollar-lending-ruleThe Consumer Financial Protection Bureau will be holding a field hearing on May 5 in Albuquerque, N.M., to discuss arbitration. CFPB Director Richard...
https://www.autodealertodaymagazine.com/322314/cfpb-to-discuss-arbitration-at-field-hearing-next-monthThe three-year standoff between Toyota Motor Credit, the Justice Department and the CFPB is over, with the captive agreeing to pay up to $21.9 million in...
https://www.autodealertodaymagazine.com/322140/toyota-motor-credit-agrees-to-lower-markup-caps-to-settle-cfpb-allegations