Finance & Insurance
Dealertrack aims to introduce 'seamless, easy' F&I platformMon, 23, Jan 2017
Dealertrack's next-generation F&I system is a simpler, more deal-centric approach to working with Dealertrack's tools, such as credit applications, bureau reports, compliance tools, desking solutions and F&I product menus. That should allow dealerships to do everything in one place instead of opening multiple programs.
CFPB head may have violated U.S. law with lending rules, U.S. House Republicans claimWed, 18, Jan 2017
In a blow against the Consumer Financial Protection Bureau just two days before President-elect Donald Trump takes office, U.S. House Republicans accused the CFPB of potentially violating federal law with its rule authorizing the agency to regulate certain auto lenders.
VW diesel settlement extends to auto lendingFri, 13, Jan 2017
Volkswagen's settlement in connection with its diesel emissions scandal has spilled over into the vehicle-financing business. VW has agreed to pay $50 million in civil penalties to settle alleged violations of the law, after the Justice Department essentially charged it with tapping U.S. markets to finance fraud.
Head of Wells Fargo Dealer Services to retireTue, 10, Jan 2017
BEST PRACTICES: Lexus dealership cultivates wrap artistsMon, 09, Jan 2017
JM Lexus began its own wrapping business, JM Custom Creations, with a Lexus LS wrapped in a chrome-like design. Now it takes personal requests from car buyers and commercial orders from outside companies.