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Senators Propose Chinese Connected Car Ban
Just weeks before President Trump is set to meet with the Chinese president, two U.S. senators proposed a bill with the aim of protecting Americans’ data.
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SEARCHMENUSEARCHJust weeks before President Trump is set to meet with the Chinese president, two U.S. senators proposed a bill with the aim of protecting Americans’ data.
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McLEAN, Va. – In response to the Consumer Financial Protection Bureau’s white paper released last week concerning the use of proxy methodology to identify potential discrimination in indirect auto financing, the National Automobile Dealers Association issued a four point rebuttal: The scope of CFPB’s white paper is very limited. It is confined to an analysis ... Read More »
Read More →FORT MYERS, Fla. — Haystak Digital Marketing and vAuto are integrating Haystak’s Dynamic Inventory Tool with vAuto’s provision pricing data to tailor advertising to the customer in order to improve the effectiveness of search marketing campaigns. Potential car buyers are shown ads which directly relate to the kinds of cars they are searching for online. ... Read More »
Read More →General Motors Co on Tuesday named an engineer to serve as its first cybersecurity chief as the No. 1 U.S. automaker and its rivals come under increasing pressure to better secure their vehicles against hackers, reported Reuters. The No. 1 U.S. automaker promoted manager Jeff Massimilla to the post as part of an eight-month review ... Read More »
Read More →IRVING, Texas — Exeter Finance Corp. announced last week that Exeter Funding II, a special purpose Delaware limited liability company and wholly owned subsidiary of the company, completed the renewal and extension of its warehouse funding facility. In conjunction with the renewal, the company increased available capacity to $1.65 billion, a $575 million, or 54% ... Read More »
Read More →CLEARWATER, Fla. — AutoLoop’s new Instant Online Leads feature brings real-time alerts to sales personnel when prospective buyers are searching for vehicles online. Alerts are triggered by a customized form that online shoppers can fill out requesting follow-up information through a dealership’s website. The feature was added to AutoLoop’s Essentials marketing platform which is an ... Read More »
Read More →NEW YORK — Spencer Re, a Spencer Capital Holdings company, today announced that Brian Feldman has joined the firm as executive vice president. “We are excited to welcome Brian to Spencer Re. His diverse F&I experience brings a unique understanding of the business to the firm,” said Ken Shubin Stein, chairman of Spencer Capital Holdings. ... Read More »
Read More →The death toll from accidents involving General Motors cars with a defective ignition switch has edged up again, reported The New York Times. In a weekly update of claims filed to the victim compensation program run by the compensation expert Kenneth R. Feinberg, the program disclosed that 21 death claims had been deemed eligible for ... Read More »
Read More →ST. LOUIS, Mo. – Wise F&I LLC, a leading finance and insurance product provider, integrated with MenuVantage, a web-based menu system. The integration with MenuVantage allows for Wise F&I products to be sold through MenuVantage, which offers a custom DMS integration menu selling system for automotive dealers. The advantages of this electronic integration between Wise ... Read More »
Read More →WASHINGTON – More than 400 new-car dealers and dealer association executives from across the country traveled to the nation’s capital last week urging lawmakers to support a new bipartisan bill that nullifies the Consumer Financial Protection Bureau’s flawed “guidance” on auto lending (NADA). H.R. 5403 – Reforming CFPB Indirect Auto Financing Guidance Act – sponsored ... Read More »
Read More →ORLANDO, Fla. — US Equity Advantage (USEA), a provider of biweekly loan processing for the automotive industry, has added two new components to its compliance practices: a code of ethics and certification test for dealership partners. They are designed to further enhance the consumers’ understanding of the costs and benefits associated with the company’s biweekly ... Read More »
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