The Industry's Source for Product Providers
Self-reporting compliance issues is an honorable notion and one propagated by CFPB guidance. Former regulator suggests dealers take such matters seriously but stop short of reporting — with certain exceptions.
The FTC’s proposed consent order with dealer software provider DealerBuilt settles charges relating to a major loss of customer data, but the conversation over the compliance responsibilities of ‘service providers’ — including those in the P&A segment — is just beginning.
National Automobile Dealers Association officials have told the FTC that proposed new provisions to the Safeguards Rule may be unnecessary and could cost smaller dealers more than $400,000 in the first calendar year of enforcement.
Attorney and compliance expert offers a primer on dealership documentation for P&A executives.
Black Book has unveiled Asset Verification Tool, a proprietary VIN-level identifier designed to help auto finance sources reduce the risk of fraud at loan origination.
The American Bar Foundation has named Hudson Cook co-founder Tom Hudson as a fellow, adding the carlaw practitioner to an elite group of attorneys, judges, law faculty, and legal scholars.
CDK Global has filed an opposition brief in federal court, urging the judge in an ongoing lawsuit not to dismiss claims at least two dealers allowed unauthorized third parties to access CDK’s systems.
The P&A segment must follow the same path traveled by dealers who, 15 years ago, found themselves suddenly operating under the same privacy standards as other ‘financial institutions.’
A code of ethics adopted by every dealership would go a long way toward improving the industry’s image and would likely result in increased F&I production.
Andy Gabler has resigned as president of the National Independent Automotive Dealers Association following an FBI raid of his home and dealerships.
Econtracting does not relieve dealers of the ink-and-paper requirements set forth by state and federal authorities.
The eighth edition of Hudson Cook’s CARLAW F&I Legal Desk Book has been released in time for NADA Show 2019.
Compli has released ‘Dealers Confront the Cost of Harassment,’ a new whitepaper for auto dealers seeking a roadmap to a harassment-free workplace.
‘Perfect Dealership’ author Max Zanan has published his follow-up book, ‘Car Business 101,’ a dissection of the bad habits and practices the compliance expert has observed at U.S. dealerships.
New window sticker displays by SaleSleeve were designed to protect Monroney labels, buyer’s guides, and addendums from any weather.
More than 160 dealers, agents, and industry executives took part in the inaugural West Coast Compliance Summit, one of three concurrent events featured at Industry Summit 2016. And more than 80 of them successfully completed the event’s compliance certification component.
View more photos
