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F&Iby Gregory ArroyoAugust 2, 2018

FTC Charges Arizona Group With Falsifying Incomes on Consumer Credit Apps

According to the regulator, this was the FTC’s first action alleging income falsification by dealerships. Charged are the owners of Tate’s Auto Group, which operates four dealerships in Arizona and New Mexico, near the border of the Navajo Nation.

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F&Iby StaffAugust 2, 2018

TradeRev, CarsArrive Offer Free Vehicle Transportation

TradeRev and CarsArrive have partnered to offer free vehicle transportation to dealers who purchase vehicles in certain states.

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Auto Financeby StaffAugust 2, 2018

Zero Percent Finance Deals Drop to 13-Year Low

Edmunds reports loan interest rates sustained near-record highs in July as automakers make the shift away from traditional summertime financing deals.

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F&Iby StaffAugust 2, 2018

KAR Names New Leader for Preferred Warranties

Edmund Field, who joined KAR earlier this year as director of new product development, now serves as president of the company's Preferred Warranties business unit.

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Auto Financeby StaffAugust 1, 2018

Harkins to Emcee Compliance Summit, PALS at Industry Summit 2018

Bob Harkins will serve double duty at this year’s Industry Summit, serving as master of ceremonies for Compliance Summit and P&A Leadership Summit.

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F&Iby StaffAugust 1, 2018

Bridget Townsend Joins Rapid Recon

Retail automotive software development expert Bridget Townsend has joined Rapid Recon as vice president of development.

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Complianceby StaffJuly 31, 2018

Compli Launches CMS University

Compli announced the launch of CMS University, a free series of four ‘masterclass’-level online courses open to dealers and other auto industry members.

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Digitalby StaffJuly 31, 2018

Retail Fraud Volume and Cost Up Sharply in 2018

LexisNexis Risk Solutions finds auto dealers and other retailers are facing fraud on an unprecedented scale, including a 30% increase in the number of successful fraudulent transactions since 2017.

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Showroomby StaffJuly 31, 2018

Strictly Enforced: Virginia Leads Nation in Speeding Tickets

WalletHub’s latest dangerous driving report ranks Virginia as the strictest enforcer of speed limits and Delaware as toughest on reckless drivers.

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Showroomby StaffJuly 31, 2018

MBUSA to Lower Entry Point With A-Class

The introduction of the compact Mercedes-Benz A-Class to the North American market in 2019-MY will represent a new entry point below the CLA-Class.

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