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Newsby StaffAugust 30, 2022

FTC Denies Extending Comment Period on Proposed Dealer Regulations

The FTC voted 5-0 against a further deadline extension after receiving approximately 2,400 comments.

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NewsJanuary 3, 2018

Marijuana Use Still Illegal on Calif. Roads

Marijuana sales for recreational use became legal in California on Jan. 1, but another change in state law prohibits smoking or consuming the drug while driving or riding in a vehicle.

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Articlesby Tom HudsonNovember 30, 2017

Can I Call Them or What?

Hudson’s warning of a coming crackdown on dealer fraud came too late for Nissan of New Rochelle and Sansone Hyundai.

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Newsby Gregory ArroyoAugust 24, 2017

GM: Dealers Must Disclose Non-GM Parts, Service Contracts

General Motors dealers who sell non-GM service contracts, parts and accessories must now disclose to their customers that the products are not backed by the automaker. Dealers who don’t comply face possible termination of their franchise agreement.

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NewsJuly 25, 2017

Hudson Cook Team Updates ‘CARLAW F&I Desk Book’

Authored by attorneys Thomas B. Hudson, Michael Benoit, Ralph Rohner and the attorneys of Hudson Cook LLP, 'CARLAW F&I Legal Desk Book (7th edition) – The Answer Book for Finance and Insurance Professionals,' presents a law-by-law, regulation-by-regulation guide through the legal maze that dealers face every day.

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Newsby Gregory ArroyoJuly 13, 2017

Three States Pass GAP Laws

The Guaranteed Asset Protection Alliance, a lobbying group made up of GAP providers, administrators and finance sources, was instrumental in getting two of the three laws passed — the most recent state to adopt its model act being Maine.

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Articlesby JimMay 3, 2017

As You Recall

The frequency of factory defects spiked in 2014 and has remained high ever since. Compliance expert explains how recalls are slowing the sales and service processes, creating a cottage industry among plaintiffs’ attorneys, and forcing dealers to become students of the Motor Vehicle Safety Act.

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Articlesby Tom HudsonApril 10, 2017

Recycled Class Action Theories

Dealers in Oregon are facing a class-action lawsuit that describes dealer participation as a kickback scheme.

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NewsJanuary 31, 2017

EFG Companies: F&I Industry Faces Murky 2017

The expected regulatory rollback, plateauing sales, rising interest rates, and the push to change the in-dealership experience clouds the F&I industry’s future, EFG Companies said today. Four of the firm's executives offered their predictions for 2017.

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Articlesby Tom HudsonDecember 19, 2016

Physician, Heal Thyself

The CFPB’s inability to master the basic vocabulary of automotive finance does a disservice to the consumers whose interests it is charged with protecting.

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