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MILWAUKEE — Jim Heppe bought his first motorcycle nearly a half-century ago, when he was a teenager, and has been riding most of his life, reported The Detroit News. Now 65 years old, he’s throttled back some from riding 800 miles in a single day, but he still takes an occasional trip to Sturgis, South ... Read More »
Read More →DETROIT – A federal bankruptcy judge ruled Wednesday that General Motors is shielded from death and injury claims potentially totaling billions of dollars tied to defective ignition switches in certain GM small cars, reported MLive. In 2009, a bankruptcy court allowed GM to emerge from bankruptcy protection free from the liabilities of the old company. ... Read More »
Read More →WASHINTON, D.C. — The Consumer Financial Protection Bureau’s targeting of the indirect auto financing channel is taking fire once again. On Monday, the The Wall Street Journal published its second op-ed piece questioning the bureau’s tactics. Later that evening, Congressional lawmakers introduced a new bipartisan House bill that aims to rescind the CFPB’s March 2013 ... Read More »
Read More →LAWRENCEVILLE, Ga. — Black Book announced this month that Barrett Teague has joined the company to serve as vice president of Lender Solutions. A 20-year automotive finance industry veteran, Teague will be responsible for overseeing strategic operations to help Black Book’s automotive lender clients leverage vehicle data and collateral analytics for profitable portfolio management and ... Read More »
Read More →WASHINGTON – The National Automobile Dealers Association today applauded the continued bipartisan efforts in Congress to rescind a flawed guidance from the Consumer Financial Protection Bureau that would harm consumers by limiting their ability to obtain discounted auto financing. On Monday evening, April 13, Reps. Frank Guinta (R-N.H.) and Ed Perlmutter (D-Colo.) introduced H.R. 1737, ... Read More »
Read More →HANOVER, Md. – Hudson Cook, LLP, a nationwide provider of legal compliance services for the financial services industry, announces the addition of Trisha Cacciola as a partner in its Long Island, New York office. Trisha brings over 25 years experience in consumer and commercial auto finance law. Trisha will support the firm’s auto finance and ... Read More »
Read More →COLUMBUS, Ohio — Ohio Attorney General Mike DeWine announced a lawsuit Monday against a Columbus used-car dealership accused of failing to deliver motor vehicle titles as required by law. The lawsuit accuses TCB Automotive Group LLC and its owner Andrew Karabinos of violating Ohio’s Consumer Sales Practices Act and Certificate of Motor Vehicle Title Act. ... Read More »
Read More →WOODCLIFF LAKE, N.J. — Total new-vehicle sales in March increased 0.6% vs. a year ago to 1,545,802 units, according to Autodata Corp. March’s seasonally adjusted annual rate increased to 17.15 million units — the highest rate of the year so far — from February’s 16.66 million. The following is a breakdown of sales performance by ... Read More »
Read More →LUMBERTON, N.C. – Rod A. Heasley, a 37 year auto Industry veteran announced the formation of KISS Concepts Group, a master agency serving independent agents of the automotive and prime and sub-prime finance industry throughout the United States. Corporate headquarters are located in North Carolina with the operations office in Fort Worth, Texas. Twelve affiliate ... Read More »
Read More →SCOTTSDALE, Ariz. – Digital Air Strike (DAS), the automotive social media and digital engagement company, and Dealertrack Technologies (NASDAQ: TRAK) today announced they have entered into channel and product agreements to help dealer clients drive lead response and generation opportunities. Through the referral agreements, the DAS Response Logix® Smart QuoteT lead response and prospect nurturing ... Read More »
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