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Categories: Compliance, Dealer Ops

After being warned that it was failing to adhere to the FTC’s Used Car Rule, the Abernathy Motor Co. was charged with not displaying a Buyers Guide on used...

https://www.autodealertodaymagazine.com/320817/ftc-charges-ark-dealer-with-not-displaying-buyers-guides
Categories: Compliance, Dealer Ops, F&I
CFPB is ‘Least Accountable’ Federal Agency, Lawmaker Charges

Rep. Jeb Hensarling, on behalf of the House Financial Services Committee, released a video Monday calling on the CFPB to make its advisory council meetings...

https://www.autodealertodaymagazine.com/320819/cfpb-is-least-accountable-federal-agency-lawmaker-charges
Categories: Compliance, Dealer Ops, Digital, F&I, Fixed Ops, Showroom, Training
Allstate President Resigns

Douglas Herberger resigned from his post as president of Allstate Dealer Services this week. A replacement has not been named, but the company told industry...

https://www.autodealertodaymagazine.com/320820/allstate-president-resigns
Categories: Compliance, Dealer Ops, F&I
Evergreen Bank Moves to Flat Fees Due to Regulatory Pressures

Earlier this month, Evergreen Bank Group issued a statement about its decision to move to a flat fee pricing model. The move was in response to a low FDIC...

https://www.autodealertodaymagazine.com/320825/evergreen-bank-moves-to-flat-fees-due-to-regulatory-pressures
Categories: Auto Finance, Compliance, Dealer Ops, Digital, F&I, Fixed Ops, Showroom, Training

Catch the first episode of Auto Dealer TV, brought to you by Auto Dealer Monthly and F&I and Showroom magazine.

https://www.autodealertodaymagazine.com/320826/auto-dealer-tv-debuts
Categories: Compliance, Dealer Ops

Toyota will pay a $1.2 billion financial penalty — the largest penalty ever imposed on an automotive company — for concealing and making deceptive...

https://www.autodealertodaymagazine.com/320828/toyota-to-pay-1-2-billion-for-acceleration-issues
Categories: Compliance, Dealer Ops

As part of the settlement, the six dealerships must reform their advertising practices and pay fines of up to $15,000. A seventh dealer was served with a...

https://www.autodealertodaymagazine.com/320829/n-y-attorney-general-settles-with-6-dealers-for-deceptive-ads
Categories: Auto Finance, Compliance, Dealer Ops, Digital, F&I, Fixed Ops, Showroom, Training

Dealership Sales & Technology joins the F&I, Special Finance and P&A Leadership tracks for the annual event, which will be held Sept. 8–10 at Paris Las Vegas.

https://www.autodealertodaymagazine.com/320832/industry-summit-adds-dealership-sales-technology-track
Categories: Auto Finance, Compliance, Dealer Ops, Showroom, Training
NADA Chairman Outlines Goals, Focus Areas for 2018

Michigan dealer Wes Lutz outlined his chief concerns as the new chairman of the National Automotive Dealers Association.

https://www.autodealertodaymagazine.com/323822/nada-chairman-outlines-goals-focus-areas-for-2018
Categories: Auto Finance, Compliance, Dealer Ops, F&I

Richard Cordray and Republican members of the House Financial Services Committee are set to square off next Wednesday. It will be the first time the...

https://www.autodealertodaymagazine.com/322218/house-committee-cfpb-director-to-face-off-next-week


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