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2012 DCA

CFPB Takes Center Stage at NAF Conference

NAF Association, CFPB, Brittany-Marie Swanson

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The VIP Treatment

Facing OEM-mandated facility upgrades, Hoffman Audi took the opportunity to give its service drive a makeover that is winning praise from customers.

Ohio Attorney General Sues Used-Car Dealers

Boasko's Rt 4 Automall LLC and Buyers Choice Cars are facing lawsuits filed by Ohio Attorney General for failing to transfer titles.

ProMax Unlimited Continues Skyrocketing Success

ProMax Unlimited continues growth and is on track to have over 2000 dealers using their market leading solutions by the end of the year. ProMax for the past 18 years has been recognized as the industry’s top subprime software provider and attributes its growth to the expansion of the product to be a full front end desking tool with lead and website integration.

Car Buyers Using Social Media, Online Reviews, Study Shows

New study from Digital Air Strike shows car buyers are turning to social media and online reviews in greater numbers before making a purchase decision.

Tesla Can’t Sell Directly to Consumers in Texas

Two Tesla-backed bills failed to make it to the voting round this legislative session. The legislation would have exempted Tesla from state franchise laws, allowing the electric carmaker to sell directly to consumers in that state.

Trade Groups Ask HUD, CFPB to Clarify Use of Disparate Impact Theory

Eight trade associations request that the Department of Housing and Urban Development and the Consumer Financial Protection Bureau clarify and create guidance related to their use of the disparate impact theory to determine discrimination.

Equifax: New Credit in 2013 at Five-Year High

Auto loan origination activity this year is the strongest it has been for banks since 2006, with new credit generated during January and February totaling $141 billion.

Experian Vehicle History Reports to Appear on AutoTrader.com

Experian Automotive's AutoCheck dealer subscribers will be able to access Experian vehicle history reports on the AutoTrader.com site starting in September.

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MBFS Customers Can Now Manage Accounts With In-Vehicle App

The captive becomes the first finance source to launch an in-vehicle app that allows vehicle owners to manage their account. The app will be available on model-year 2013 and newer Mercedes-Benz vehicles equipped with the COMAND Navigation system.

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