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Categories: Auto Finance, Compliance, Dealer Ops

Officials with Penske Automotive Group, which reported a record fourth quarter, said the operation will “wait and see” when it comes to adopting the NADA’s...

https://www.autodealertodaymagazine.com/320762/penske-holds-off-on-adopting-nada-compliance-program
Categories: Dealer Ops, Digital, Showroom, Training

The lawsuit, which was filed last April, now lists 530 dealer plaintiffs, with the firm leading the case reporting that new dealers are being added every day.

https://www.autodealertodaymagazine.com/320803/dealer-count-in-carfax-antitrust-suit-reaches-530
Categories: Compliance, Dealer Ops

The court’s decision will allow the case pitting 148 defunct Chrysler dealerships against the U.S. government to proceed. The dealerships were closed as...

https://www.autodealertodaymagazine.com/320864/u-s-court-of-appeals-rules-in-favor-of-dropped-chrysler-dealers
Categories: Auto Finance, Compliance, Dealer Ops, F&I

Consumer Portfolio Services CEO Charles Bradley laid out the lender’s compliance efforts during a quarterly earnings call last week. The finance source’s...

https://www.autodealertodaymagazine.com/321493/cps-ceo-finance-source-ahead-of-the-compliance-curve
Categories: Compliance, Dealer Ops, F&I

CFPB Director Richard Cordray fielded questions about dealer compliance programs and a recent study calling out the bureau’s methods for determining...

https://www.autodealertodaymagazine.com/321540/cordray-cfpb-disagrees-with-conclusions-of-cra-study
Categories: Auto Finance, Dealer Ops

The tablet-driven, fixed-price F&I process at Asbury’s Q Auto stores didn’t perform as well as the traditional F&I process employed at the group's core...

https://www.autodealertodaymagazine.com/321625/asburys-q-auto-stores-a-work-in-progress
Categories: Auto Finance, Dealer Ops, F&I

Credit unions are competing aggressively in the automotive marketplace, financing one in four auto loans so far in 2015, CU Direct reports.

https://www.autodealertodaymagazine.com/321636/credit-unions-now-third-largest-auto-lender-type-cudl-reports
Categories: Compliance, Dealer Ops

The Texas Department of Motor Vehicles Enforcement Division has pulled back on its plan to fine dealers with listings on CarGurus.com after the department...

https://www.autodealertodaymagazine.com/321640/texas-dmv-halts-plan-to-fine-dealers-with-cargurus-listings
Categories: Compliance, Dealer Ops

The enforcement division of the Texas DMV has closed its case against CarGurus after the vehicle-shopping site made revisions to its used-car...

https://www.autodealertodaymagazine.com/321663/texas-dmv-closes-case-against-cargurus
Categories: Compliance, Dealer Ops, F&I

After three months with no response, Attorney General Eric T. Schneiderman has filed a motion to force a New York dealer group to comply with a subpoena...

https://www.autodealertodaymagazine.com/321721/n-y-ag-goes-after-dealer-for-payment-packing


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