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NewsSeptember 23, 2015

VW CEO Resigns Amid Emissions Scandal

Volkswagen's Martin Winterkorn has resigned from his post in the wake of the company's developing emissions scandal.

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NewsSeptember 22, 2015

(UPDATED) CFPB Officials Acknowledge Issues With Proxy Methodology, American Banker Reports

Internal CFPB documents obtained by American Banker show bureau officials repeatedly acknowledging that the method used for detecting discrimination by indirect auto lenders may overestimate disparities.

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NewsSeptember 22, 2015

Volkswagen 'Deeply Sorry' About EPA Violation

Volkswagen's chief executive apologizes for emissions scandal and promises to 'do everything necessary in order to reverse the damage this has caused.'

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NewsSeptember 16, 2015

Chrysler Dealer Lawsuit Against U.S. Government to Go Forward

A lawsuit alleging that the U.S. government acted illegally when it required Chrysler to close down 789 dealerships in order to be eligible for funding from the Troubled Asset Relief Program will be allowed to move forward, a judge ruled last week.

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NewsSeptember 15, 2015

FTC Official Releases 7 Deadly Sins of Dealer Advertising

Ahead of her appearance at the Innovate 2015 conference, the FTC official who led Operation Ruse Control has released a list of advertising sins that have put dealers on her regulatory radar.

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NewsSeptember 8, 2015

Dealer Fined $690,000 for Consumer-Protection Law Violations

A used-car dealership will pay more than $690,000 after a New Jersey Superior Court Judge found that it violated state consumer protection laws and regulations a total of 640 times.

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NewsSeptember 8, 2015

AutoNation Will No Longer Sell Cars With Open Recalls

AutoNation has announced a new policy to not sell, lease or wholesale any new or used vehicle that has an open safety recall. The dealer group will now hold those vehicles in inventory until they are repaired.

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NewsSeptember 3, 2015

Lincoln Captive Offers Customers Credit Protection Package

The complimentary package includes around-the-clock credit monitoring, unlimited access to credit reports and scores, lost wallet protection, and up to $1 million in identity theft insurance coverage.

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NewsSeptember 2, 2015

Dealer to Pay $12,500 Fine for Illegal Leasing Practices

Credit Connection Auto Sales in central Pennsylvania has settled with the state’s attorney general for allegedly leasing vehicles that needed a considerable amount of repair work and using lease agreements that did not comply with federal law.

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Newsby Brittany-Marie SwansonSeptember 1, 2015

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 the trade groups said constitutes “bird-dogging.”

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