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Categories: Compliance, Dealer Ops
Texas Dealers Could Face Fines Over CarGurus’ Business Practices

Last week, the Texas Department of Motor Vehicles Enforcement Division issued a cease-and-desist letter to CarGurus and the state’s dealer association,...

https://www.autodealertodaymagazine.com/321639/texas-dealers-could-face-fines-over-cargurus-business-practices
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
Categories: Compliance, Dealer Ops

A CFPB official disclosed in a June 15 blog post that the administrator of the Ally settlement fund has begun contacting and mailing checks to borrowers who...

https://www.autodealertodaymagazine.com/321748/cfpb-consumers-will-soon-receive-ally-payout
Categories: Auto Finance, Compliance, Dealer Ops
Supreme Court Upholds Disparate Impact

In a 5-4 vote, the Supreme Court held that disparate impact claims are cognizable under the Fair Housing Act, dashing the hopes of industry insiders who...

https://www.autodealertodaymagazine.com/321757/supreme-court-upholds-disparate-impact
Categories: Auto Finance, Compliance, Dealer Ops, F&I
CFPB, DOJ Reach $24M Settlement With Honda Finance

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.autodealertodaymagazine.com/321790/cfpb-doj-reach-24m-settlement-with-honda-finance
Categories: Auto Finance, Compliance, Dealer Ops, Digital, F&I, Showroom, Training

Sonic 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.autodealertodaymagazine.com/321802/sonic-cautious-about-cfpb-but-revs-up-hybrid-fi-push
Categories: Auto Finance, Compliance, Dealer Ops
CFPB Says Santander Violated Fair Lending Laws

The CFPB has notified the Department of Justice that Santander Consumer USA’s auto lending practices have allegedly violated fair lending laws, according to...

https://www.autodealertodaymagazine.com/321845/cfpb-says-santander-violated-fair-lending-laws
Categories: Compliance, Showroom, Training
CNCDA Says Tesla’s Referral Program Violates Bird-Dogging Ban

The California New Car Dealers Association has called on the California Department of Motor Vehicles to investigate Tesla Motors’ referral program, which...

https://www.autodealertodaymagazine.com/321878/cncda-says-teslas-referral-program-violates-bird-dogging-ban


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