LOS ANGELES — Loeb & Loeb in association with Consolidated Asset Recovery Systems (CARS) is offering a complimentary 60-minute webinar focused on compliance with Consumer Financial Protection Bureau mandates. The session titled, "Road Map to CFPB Compliance for the Auto Finance Industry," is set for 1 p.m. ET on Sept. 10. The presenter will be […] [Read More]

Three days of intensive training on Reynolds and Reynolds newest dealership software platform are now being offered by the company, to boost productivity. The company said Tuesday it is now providing in-depth, management-level training for dealerships using the ERA-IGNITE platform, which is a foundation of Reynolds Retail Management System. ERA-IGNITE features a Windows-based design and […] [Read More]

In what organizers called an unprecedented show of unity in the repossession industry, Allied Finance Adjusters, Recovery Specialist Insurance Group and Time Finance Adjusters agreed to come together to offer training to their members as well as non-members throughout the industry at a unified event. These three organizations are sponsoring seminars and client discussions on […] [Read More]

TrueCar revealed Monday it has hired a new vice president of investor relations and administration. Filling the VP role is Alison Sternberg, who will manage investor relations and serve as the conduit for all investor communication with TrueCar in the newly-created position, the company shared. Moreover, she will also develop the company's administrative functions, working […] [Read More]

In an effort to get more contracts bought in the F&I office, Equifax recently rolled out the availability of a new product, Equifax Dimensions, which can deliver what the company highlighted is a more in-depth picture of past credit behavior in order to better predict future credit trends. Using this new solution, Equifax explained lenders […] [Read More]

The Office of Defects Investigation within the National Highway Traffic Safety Administration recently opened an examination of more than 100,000 Chevrolet Corvettes from the 2005 through 2007 model years. Investigators said they have received reports from consumers alleging that after driving for a short time (five to 30 minutes), both low beam headlights stopped working […] [Read More]

Models like the Toyota Camry, Honda Civic and Nissan Altima ruled the used-car market in July for dealerships in California, while Texas — not surprisingly — leaned on a trio of pickups from the Big 3. The Ford F-Series was the top-selling used vehicle at Florida dealerships in July, but passenger cars had a big […] [Read More]

Both seasonality and increasing used supply are pushing wholesale prices down, according to Black Book’s Ricky Beggs. This past week, the car segments experienced their largest average price decline since September, when they began 12 straight weeks of large price drops. Beggs, editorial director and senior vice president of Black Book, poses the question: Could […] [Read More]

In a tie for seventh last year, Mercedes-Benz boosted its customer satisfaction score by 4 percent and took the lead in the American Customer Satisfaction Index rankings, which were released today. The 2013 Auto Industry report from ACSI measures how satisfied customers are with different nameplates that run the gamut from domestic to import and […] [Read More]

NADA MarketValues — a mobile app designed for dealers to make informed pricing decisions on used cars and light trucks at auction — is now available for Android devices on Google Play. NADA Used Car Guide reiterated that the app, which was launched earlier this year, can provide subscribers with unlimited lookups by VIN scan […] [Read More]