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The Year of Enforcement Continues: The CFPB’s First Enforcement Action and its Implication for Auto Dealers
The Consumer Financial Protection Bureau (“CFPB”) entered into its first enforcement action consent decree with Capital One Bank ordering Capital One to pay in excess of $210 million which includes settlement of an Office of Comptroller of the Cu
Oct 4, 2012
Chief Offers Show Season Savings as Part of 40th Anniversary Celebration
Madison, Ind. (Oct. 3, 2012) – Chief Automotive Technologies is capping off its 40th anniversary year with special show season savings for its customers. From now through the end of the SEMA Show 2012, Chief is offering its lowest prices of the yea
Oct 3, 2012
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Finance & Insurance News
Grand opening of health center provides BMW Financial Services associates with on-site medical care at Hilliard Regional Service Center
HILLIARD — BMW Group Financial Services associates and their covered dependents needing medical care can now visit the new 2,036-square-foot health care center at the operations center here for treatment by the on-site nurse practitioner and m
Oct 2, 2012
Rotary Lift Helps Chip Foose Make Car Dreams Come True on the All-New Overhaulin’ Premiering on Velocity
Madison, Ind. – When the all-new season of Overhaulin’ premieres on Velocity Oct. 2 at 9 p.m. ET/PT, renowned car design expert Chip Foose and his A-Team will be supported by some impressive new equipment. Rotary Lift has supplied the popular TV
Oct 1, 2012
Aftermarket Auto Light Manufacturer Officer Pleads Guilty for Price Fixing
WASHINGTON, D.C. – The U.S. Department of Justice (DOJ) recently reported that the vice chairman and another high-ranking officer at a Taiwan aftermarket auto lights manufacturer pleaded guilty to participating in an international effort to fix pri
Oct 1, 2012
New Research: Service Retailers Missing Best Chance at Increasing Customer Pay Revenue
DMEautomotive consumer survey reveals that key service opportunities are not being seized – while young, hard-researching, online-buying consumers are rewriting the purchase process DAYTONA BEACH, Fla. — DMEautomotive (DMEa), the leader
Oct 1, 2012
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Dealer/GM NewsFinance & Insurance NewsFixed Operations NewsPre-Owned Sales & Marketing Strategies
Honda Recalls 625,000 Vehicles
American Honda Motor Co. is recalling 625,762 vehicles to fix a problem with the power steering fluid temperature, according to the National Highway Traffic Safety Administration’s website. NHTSA’s website said the power steering hose may deterio
Oct 1, 2012
AAGI Announces Winners of Their 2012 Agent Sales Contest
Arlington Heights, IL – American Auto Guardian, Inc. (“AAGI”) announced that their 7th annual Agent Sales Contest resulted in a record number of winners being announced for 2012. The contest is held annually, with trip destinations changing e
Oct 1, 2012
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Finance & Insurance News
Ally Bank Named MONEY® Magazine’s “Best Online Bank”
MIDVALE, Utah– Ally Bank has been named “Best Online Bank,” “Best Savings Account” and “Best One-Year CD” in MONEY® Magazine’s annual “Best Banks in America” (October 2012) feature. Chosen
Sep 28, 2012