Posts
Lessons for Auto Dealers from Consumer Financial Protection Bureau and Department of Justice Recent Enforcement Activity
The new Consumer Financial Protection Bureau (CFPB) came out swinging this past summer with three punitive consent decree enforcement actions against credit card companies. In doing so, the CFPB gave both an indication of how it will enforce consumer
Dec 14, 2012
Consumer Financial Protection Bureau proposes allowing companies to run trial disclosure programs
Bureau Reaffirms Commitment to Improved Consumer Disclosures through its Project Catalyst Initiative WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) announced its proposed policy to allow companies to test new consumer disclosure
Dec 14, 2012
Consumer Financial Protection Bureau report details how the nation’s largest credit bureaus manage consumer data
Credit cards dominate consumer reports; Debt collection tops disputes WASHINGTON, D.C. — This week, the Consumer Financial Protection Bureau (CFPB) released a report on the consumer experience with the three largest nationwide credit reporting comp
Dec 14, 2012
Study: The Consumer Auto Finance Servicing Experience Significantly Impacts Future Lender Selection
But Has Minimal Impact on Future Dealership Selection Mercedes-Benz Financial Services; Lincoln Automotive Financial Services; Volkswagen Credit; and Ford Credit Rank Highest in Their Respective Financing Segments WESTLAKE VILLAGE, Calif. — The
Dec 14, 2012
J.D. Byrider opens Memphis location
MEMPHIS, Tenn. – Memphis-area residents have another option for purchasing used cars now that a new J.D. Byrider location is open at 2580 Mt. Moriah Road. The 30,900 square-foot location offers used car sales, financing and a customer service cente
Dec 13, 2012
Used Depreciation Improves Considerably in November
According to December’s edition of Guidelines, NADA Used Car Guide’s monthly market update, used depreciation improved in November. Click here to download a PDF of Decembers edition of Guidelines NADA Official Used Car Guide Upd
Dec 13, 2012
Manheim’s Simulcast Now Available on Mac
The Real-Time Audio and Video Virtual Auction Platform Can Now be Used on Multiple Browsers on a PC or Mac® ATLANTA – The world’s largest vehicle wholesale auction marketplace just got bigger with the release of the Simulcast multi-browser featu
Dec 13, 2012
Manheim Index Rises Again in November
According to Manheim Consulting, wholesale used vehicle prices rose by 0.6% in the month of November. The November Manheim Used Vehicle Value Index was 122.6, which represented a 1% decline from a year ago, a 25% increase from the trough in December
Dec 13, 2012
Should Carmakers Instead Usa a Big Green Box this December?
Swapalease.com Data Show Eco-Friendly Car Demand Outpacing Luxury in December CINCINNATI, OHIO – Tis the season for “December To Remember” and the Big Red Bow holiday advertising. However, based on recent December car-shopping patterns, should
Dec 12, 2012