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Categories: Auto Finance, Dealer Ops, Digital, F&I, Showroom, Training

The deal was first reported on Sunday by The Banks Report, which described the pending acquisition as checking off 'several boxes for CDK while filling a...

https://www.autodealertodaymagazine.com/324057/cdk-global-to-acquire-elead1one
Categories: Auto Finance, Dealer Ops, Showroom, Training

Retail sales for the first half of 2018 are expected to be the weakest since 2014, but record transaction prices have consumers on pace to spend nearly $5...

https://www.autodealertodaymagazine.com/324024/lmc-j-d-power-first-half-retail-sales-weakest-in-four-years
Categories: Auto Finance, Compliance, Dealer Ops, F&I

The president’s signature comes exactly five years and two months after the bureau put the auto finance industry on notice with its controversial guidance...

https://www.autodealertodaymagazine.com/323939/trump-signs-repeal-of-cfpbs-dealer-participation-guidance
Categories: Auto Finance, Compliance, Dealer Ops, F&I

As expected, the House approved the resolution of disapproval of the CFPB's guidance on dealer participation. With the Senate having voted on the resolution...

https://www.autodealertodaymagazine.com/323920/house-approves-resolution-to-repeal-cfpbs-dealer-participation-guidance
Categories: Auto Finance, Dealer Ops, F&I

The Federal Reserve voted unanimously to maintain the target range for the federal funds rate at 1.5% and 1.75%, but it hinted at a possible rate hike in June.

https://www.autodealertodaymagazine.com/323913/federal-reserve-keeps-rates-steady
Categories: Auto Finance, Dealer Ops, F&I

The subprime finance source’s president since April 2007 will retire on June 30, CEO Brett Roberts announced in a recent regulatory filing.

https://www.autodealertodaymagazine.com/323856/credit-acceptances-steve-jones-to-retire
Categories: Auto Finance, Compliance, Dealer Ops, F&I

According to a report in The Wall Street Journal, the review of GAP refunds the bank initiated last year has expanded to other F&I products and services.

https://www.autodealertodaymagazine.com/323851/wells-fargo-reviewing-fi-products-as-regulatory-pressure-builds
Categories: Auto Finance, Dealer Ops, F&I

Credit scores in the fourth quarter of 2017 were only a half a point higher than the median score recorded during the first quarter of 2009. And according...

https://www.autodealertodaymagazine.com/323725/new-york-fed-credit-scores-rise-as-household-debt-reaches-new-peak
Categories: Auto Finance, Compliance, Dealer Ops, F&I

Based on an interpretive rule issued by the Defense Department on Dec. 14, including credit-protection products like GAP in a servicemember’s vehicle...

https://www.autodealertodaymagazine.com/323619/updated-core-fi-product-could-put-some-auto-finance-deals-under-military-lending
Categories: Auto Finance, Compliance, Dealer Ops, F&I

The Fair Credit Reporting Act’s ‘business records turnover provision’ requires that business provide free of charge and without subpoena records relating to...

https://www.autodealertodaymagazine.com/323614/ftc-reminds-businesses-of-duties-to-victims-of-identity-theft


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