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New technology is not a substitute for salesmanship, but it can create more opportunities to do business the right way.
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Volkswagen will find a way to recover from its historic deception, but dealers will still be forced to cope with the fallout.
Read More →Hudson explains why the regulation of auto sales and finance is less like a battle and more like the Hundred Years War.
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If you’re going to advertise terms on loaner cars, you had better include disclosures as well.
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Failing to nominate a compliance officer is like betting against the regulatory house.
Read More →A CFPB official disclosed in a June 15 blog post that the administrator of the Ally settlement fund has begun contacting and mailing checks to borrowers who were affected by Ally’s alleged discriminatory auto lending policies.
Read More →The CFPB finalized today its proposal to oversee nonbank auto finance companies. The finalized rule will take effect 60 days after publication in the Federal Register.
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The Washington Post’s Glenn Kessler calls enterprising Massachusetts Sen. Elizabeth Warren out for repeating a popular myth about auto finance, regulatory oversight and dealer participation.
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The willful ignorance that threatens professional football is not reflected in the auto industry.
Read More →The next Compliance Summit event is set to be held April 20–21, 2015, in Illinois. The full day of educational sessions is open to automotive industry professionals involved in front-end compliance.
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