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Categories: Auto Finance, Compliance, Dealer Ops, Digital, F&I, Showroom
F&I Dealer of the Year Nominations Now Being Accepted

F&I and Showroom, Auto Dealer Today's sister publication, is now accepting nominations for its 17th F&I Dealer of the Year contest, sponsored for the second...

https://www.fi-magazine.com/324047/fi-dealer-of-the-year-nominations-now-being-accepted
Categories: Auto Finance, Compliance, Dealer Ops, F&I, Showroom, Training

Open automotive loan balances reached a new high in the end-of-year quarter, while delinquencies stayed below prerecession levels, according to Experian...

https://www.fi-magazine.com/320772/auto-loan-balances-reach-new-high-in-q4-experian-reports
Categories: Compliance, F&I

Ally is adding F&I management training, vehicle selling skills, and compliance courses to its Performance Development Center. The new courses will be...

https://www.fi-magazine.com/321401/ally-expands-dealer-training-offerings
Categories: Compliance, Dealer Ops, F&I
Consumers Prefer Compliant Dealerships, Survey Shows

A survey that targeted both consumers and car dealers found that the majority of consumer respondents favored dealerships that adhere to federal...

https://www.fi-magazine.com/322299/consumers-prefer-compliant-dealerships-survey-shows
Categories: Auto Finance, Compliance, F&I

The FTC is proposing changes to the Used Car Buyers Guide. But the commission made clear it is not looking to burden dealers with its proposed modifications.

https://www.fi-magazine.com/353005/ftc-proposes-modifications-to-used-car-rule
Categories: Auto Finance, Compliance, Dealer Ops, F&I
BB&T Switches Back to Markups as CFPB Shifts Away From Enforcement

BB&T announced its move about a week after the CFPB’s acting director stripped enforcement powers from the division responsible for pursuing discrimination...

https://www.fi-magazine.com/323718/bbt-switches-back-to-markups-as-cfpb-shifts-away-from-enforcement
Categories: Auto Finance, Compliance, Dealer Ops, F&I

This month, the Department of Justice issued a subpoena to Consumer Portfolio Services requiring the finance source to turn over documents related to...

https://www.fi-magazine.com/321426/cps-subpoenaed-by-doj
Categories: Auto Finance, Compliance, Dealer Ops, F&I

Dawood will officially become the finance source's new CFO on Dec. 16. Santander’s interim CFO, Jennifer Davis, will serve as deputy CFO.

https://www.fi-magazine.com/322046/santander-names-ismail-dawood-cfo
Categories: Compliance, F&I, Summit Updates, Training
Don’t Miss Out: Industry Summit Adds to Room Block

The original Industry Summit room block has sold out, but event organizers announced that additional rooms have been added at a discounted rate.

https://www.fi-magazine.com/358890/dont-miss-out-industry-summit-adds-to-room-block
Categories: Auto Finance, Compliance, Dealer Ops, F&I, Training
DOJ Mystery-Shopped Md. Dealership Before Suing for Racial Bias

The U.S. Department of Justice has charged a Maryland dealership with offering different credit terms to different customers based on race, an allegation...

https://www.fi-magazine.com/358836/doj-mystery-shopped-md-dealership-before-suing-for-racial-bias


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