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Dealer Opsby StaffJanuary 6, 2015

SouthwestRe Celebrates 30 Years of Business

In 2015, third-party administrator SouthwestRe will celebrate its 30-year anniversary, starting with a kick-off celebration during the NADA convention.

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Complianceby StaffJanuary 6, 2015

Compliance Firm to Hold Cyber Security Session at NADA Convention & Expo

Automotive Compliance Consultants and cyber-security partner Nuspire Networks will discuss dealership security with dealers at NADA 2015 in San Francisco.

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Dealer Opsby StaffJanuary 6, 2015

CNW: Online Ads Motivating More Used Sales Than Print

Used-vehicle sales motivated by online ads outpaced purchases motivated by print newspapers for the first time, CNW reports. The firm also noted that private party sales showed the biggest increase in December.

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Dealer Opsby StaffJanuary 6, 2015

Flick Fusion, ZMOT Partner to Produce Spanish Auto Inventory Videos

Flick Fusion is collaborating with ZMOT Auto, an automotive digital velocity firm, to produce vehicle inventory videos with voiceovers in a conversational style for Spanish-speaking car buyers.

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Dealer Opsby StaffJanuary 6, 2015

CNA National Celebrates 20 Years as AIADA Affinity Partner

CNA National Warranty Corp. is celebrating 20 years as the longest-serving Affinity Partner with the American International Automobile Dealers Association.

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Dealer Opsby StaffJanuary 6, 2015

AutoStar Solutions Integrates With DealerSocket CRM

Dealers using the AutoStar Fusion dealer management system can now update DealerSocket’s customer relationship management software in real time.

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Dealer Opsby Gregory ArroyoDecember 30, 2014

Moody’s Sees Silver Lining in Regulatory Scrutiny of Auto Finance

Moody’s expects the performance of new and outstanding auto loan ABS deals to suffer temporarily due to current regulatory activity, but it does see a silver lining in the increased scrutiny of the auto finance marketplace.

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Dealer Opsby StaffDecember 30, 2014

Mass. AG Investigating Santander’s Subprime Lending Business

Massachusetts Attorney General Martha Coakley has ordered Santander Consumer USA to produce documents related to its subprime auto lending business. The AG said she is also looking into the practices of a handful of other auto lenders.

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Dealer Opsby StaffDecember 30, 2014

CFPB: Servicemembers Harmed by Loopholes in Military Lending Act

A report released Monday by the regulator highlights how loopholes in the current Military Lending Act rules are racking up the costs of loans for servicemembers.

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Dealer Opsby StaffDecember 30, 2014

N.Y. Shuts Down Subprime Auto Lender

Condor Capital must pay an estimated $8 million in restitution to harmed customers, a $3 million penalty and admit violations of the Dodd-Frank Act and New York state law. The lender will also surrender its licenses in all states.

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