Categories: Compliance, Dealer Ops, Digital, Showroom, Training

The regulator had charged in an administrative complaint that the proposed sale violates federal antitrust laws. The two companies subsequently announced...

https://www.autodealertodaymagazine.com/323799/ftc-blocks-cdk-globals-acquisition-of-auto-mate

Categories: Auto Finance, Compliance, Dealer Ops, Showroom, Training

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

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, Compliance, Dealer Ops, F&I

U.S. Senate Banking Committee Republican Pat Toomey said on Tuesday the panel plans to scrap the CFPB’s guidance on dealer participation and leverage lending.

https://www.autodealertodaymagazine.com/323854/reuters-u-s-senate-panel-plans-to-scrap-cfpbs-dealer-participation-guidance

Categories: Auto Finance, Compliance, Dealer Ops, F&I

Wells Fargo’s first-quarter earnings call was staged amid a string of regulatory concerns, declining auto originations, and the sale of a Puerto Rican...

https://www.autodealertodaymagazine.com/323869/wells-fargo-faces-1-billion-fine-for-mortgage-and-auto-insurance-issues

Categories: Auto Finance, Compliance, Dealer Ops, F&I

Today’s vote leaves it up to the House of Representatives to pass its version of the joint resolution of disapproval. Once that happens, only the...

https://www.autodealertodaymagazine.com/323874/u-s-senate-approves-resolution-to-repeal-cfpbs-dealer-participation-guidance

Categories: Compliance, Dealer Ops, F&I

New legislation aimed at strengthening dealer protections under California’s franchise laws will have its first committee hearing on Monday. One of its...

https://www.autodealertodaymagazine.com/323877/calif-dealers-seek-new-protections-under-states-franchise-laws

Categories: Compliance, Dealer Ops

Crusading New York Attorney General Eric T. Schneiderman has resigned in the face of reports of assaults and threats against multiple women.

https://www.autodealertodaymagazine.com/323917/new-york-ag-schneiderman-resigns

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

The association’s first quarter business confidence survey reveals subdued expectations for sales and economic growth among independent dealers. One factor...

https://www.autodealertodaymagazine.com/323918/niada-cost-of-doing-business-up-finance-availability-down

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