The National Independent Automobile Dealers Association made sure to craft a detailed response when the Consumer Financial Protection Bureau allowed time for comments regarding possible changes to federal rules governing debt collection. Regulators sought the input as they consider the option of changing rules that enforce the Fair Debt Collection Practices Act. NIADA regulatory counsel […] [Read More]

Ally Financial announced this morning that it has begun an initial public offering of shares of its common stock. In its statement, Ally said the shares offered in the IPO will be from the U.S. Department of the Treasury, per Treasury’s planned exit of its investment in the company. The 95 million shares being offered […] [Read More]

While parts of the Northeast are digging out from one last snowstorm of the season, Manheim’s Tom Webb chose to tie together gardening and how the industry is improving. In the March Auto Industry Brief from Manheim Consulting, Webb explained many economic watchers will be looking at how warmer weather will help performance. “Now that […] [Read More]

The National Highway Traffic Safety Administration said Nissan North America is recalling nearly 1 million units to correct a software issue associated with the airbag system. The vehicles included in the campaign are Nissan’s Altima, LEAF, Pathfinder and Sentra from the 2013 and 2014 models years, the 2013 NV200 also known as the Taxi as […] [Read More]

As Capitol Hill hearings about the recalled units get closer, NADA Used Car Guide indicated wholesale prices for vehicles included in the General Motors ignition switch controversy haven’t moved much beyond industry averages. Analysts told Auto Remarketing on Wednesday that prices for the 2005 through 2007 Chevrolet Cobalt changed little based on data through March […] [Read More]

MarkOne Holdings has chosen an over-20 year veteran of the automotive industry for its leadership team. The automotive finance holding company’s new corporate chief financial officer is Robert Bennett. Bennett will be located in the company’s corporate offices in Jacksonville, Fla., and will work with leadership for MarkOne’s three regional locations in California, Texas and […] [Read More]

Bank of the West highlighted management shifts this week since Mark Beecher, executive vice president and head of sales and marketing for the bank’s indirect lending in the automotive, marine and recreational vehicle sectors, will retire on May 1. With the retirement of Beecher, a 19-year company veteran and well-regarded industry executive, the company announced […] [Read More]

Compliance obligation management software provider Compli is hosting a free webinar to help companies navigate workplace challenges coming this year. The session titled, “Positioning Your Business for the 2014 Workplace,” is set to include Jean Roque, president and owner of Trupp HR. Roque plans to discuss what firms will need to know to protect the […] [Read More]

Black Book announced today that one of its executives will expand his role to also oversee the company’s lender solutions division to replace Jeff Bunch who left the company earlier this year. Taking on this challenge is Jared Kalfus, Black Book’s vice president of data licensing. The company insisted the appointment of Kalfus, a leading […] [Read More]

A wide array of firms and analysts dissect trends and more about how consumers use their mobile devices to find the vehicle they eventually end up purchasing. The popularity of mobile devices prompted on-demand payment processing technology provider BillingTree to look at how those same individuals could stay engaged through the duration of their financing […] [Read More]