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F&Iby StaffJuly 20, 2016

Manheim Names Two New Vice Presidents

Manheim has named Derek Hansen vice president of digital inventory solutions and Angela Babin vice president of retail solutions.

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F&Iby StaffJuly 20, 2016

Dent Wizard Appoints New Regional Operations Director

The new director, Paul Spears, will be responsible for leading the company's safety and compliance efforts, as well as providing additional operational support for the company's paint shops and Frontline Fast dealer clients.

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Complianceby StaffJuly 19, 2016

Feds Investigating FCA for Inflating Sales, Automaker Confirms

Fiat Chrysler Automobiles confirmed in a statement issued today that it’s under investigation by the U.S. Security and Exchange Commission and the U.S. Department of Justice. According to Bloomberg, FBI agents visited the homes of nine people who run FCA business centers as part of a probe into the automaker’s monthly sales reporting.

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F&Iby StaffJuly 19, 2016

O’Loughlin to Tackle ‘Rules and Regulations’ at Compliance Summit

Terry O’Loughlin, director of compliance for Reynolds and Reynolds and a former regulator, will serve as a featured speaker at the upcoming Compliance Summit, scheduled for Aug. 29-30 at Paris Las Vegas.

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F&Iby Gregory ArroyoJuly 19, 2016

OCC Expresses Concern About Rising Risk in Auto Finance

The Office of the Comptroller of the Currency has once against expressed concern about rising credit risks in the auto finance arena, noting that underwriting standards for both direct and indirect auto loans have begun to decline due to increased competition.

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F&Iby StaffJuly 19, 2016

Lunt to Deliver Opening Keynote at Compliance Summit Las Vegas

Organizers of Compliance Summit announced that attorney and compliance expert Aaron Lunt will deliver the opening keynote address at the inaugural Las Vegas event, scheduled for Aug. 29-30 at Paris Las Vegas

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Showroomby StaffJuly 19, 2016

Jumpstart Automotive Partners With Autolist.com

Jumpstart Automotive Group has signed an exclusive ad sales representation agreement with Autolist.com. Jumpstart CEO Nick Matarazzo said the partnership will allow his company to tap into consumers deep in the automotive purchase funnel.

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F&Iby StaffJuly 19, 2016

Champlain National Bank Enters Indirect Channel

Champlain National Bank has entered the indirect auto finance channel behind a cloud-based loan origination system developed by Teledata Communications Inc. The bank is currently integrated with Dealertrack and RouteOne, and has signed 'a substantial number of dealers' in the New York region.

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F&Iby StaffJuly 19, 2016

Dealertrack Rolls Out Econtracting to Volvo Dealers Nationwide

Dealertrack announced this week that Volvo Car Financial Services is now available for econtracting with Volvo dealers nationwide on the Dealertrack platform. The decision to go national was spurred by results of a regional pilot.

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F&Iby StaffJuly 14, 2016

NADA to Hold 100 Carnival Event at 2017 Convention

The event — which is exclusive to NADA and American Truck Dealers members — will be held at Mardi Gras World on Jan. 26, 2017. It will feature cuisine from top New Orleans restaurants and entertainment from Foreigner, Cowboy Mouth and local jazz musicians.

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