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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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Volkswagen AG said on Saturday it is recalling 189,490 Tiguan small sport utility vehicles in North America for potential stalling issues, reported Reuters. The German automaker said gas bubbles may form in the fuel system in the affected vehicles from model years 2009 through 2014 when winterized fuel with high vapor pressures is used in ... Read More »
Read More →DALLAS, Texas — In an August 7 filing with the Securities and Exchange Commission, Santander Consumer USA revealed that the U.S. Department of Justice (DOJ) has issued a subpoena to the finance source, requesting documents related to subprime auto loans. Citing the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA), the DOJ requested ... Read More »
Read More →NEW YORK — City officials are cracking down on the sale of used cars that have been recalled but not repaired. Now, dealers in the city that sold unrepaired recalled vehicles must notify the vehicles’ owners and perform the necessary repairs, The New York Times reports. In July, city officials sent subpoenas to 200 dealerships ... Read More »
Read More →INDEPENDENCE, Mo. — The owner of Edge Auto Sales, an auto dealership with locations in Blue Springs and Independence, was sentenced to 15 years in prison for multiple felony convictions related to an extensive identify theft scheme he ran out of his dealerships. Morrow acquired personal identifying information about his victims through their applications for ... Read More »
Read More →SOUTHLAKE, Texas – Intersection Technologies Inc. – F&I Express® has added American Guardian Warranty Services (AGWS) to its aftermarket F&I eContracting platform. AGWS is an innovative provider of administration services for dealers and marketers offering vehicle service agreements, limited warranties and a variety of environmental and aftermarket products across the United States. Formed in 1998, ... Read More »
Read More →COLLEYVILLE, Texas – The Association of Finance & Insurance Professionals (AFIP) is offering Industry Summit attendees a $100 discount if they register for the pre-Summit certification Boot Camp by August 15. The two-day intensive training session, slated for Sunday, Sept. 7, and Monday, Sept. 8, at the Paris Las Vegas Hotel, will culminate in the ... Read More »
Read More →NAPA, Calif. – AUL Corp., America’s largest national provider of used vehicle service contracts, has been awarded Gold in the Service Contract Provider category for the 2014 Dealers’ Choice Awards by Auto Dealer Monthly magazine. “It is a tremendous honor to receive this award. It speaks to the high level of service we strive to ... Read More »
Read More →MCLEAN, Va. — Gannett Co. has signed a definitive agreement to acquire full ownership of Cars.com for $1.8 million in cash. Under this agreement, Gannett will acquire the remaining 73% interest in the company from Classified Ventures LLC, which owns Cars.com. The publishing company also announced plans to create two publicly traded companies: one exclusively ... Read More »
Read More →NEW YORK — In the second quarter, Ally Financial Inc.’s auto franchise posted its second highest level of consumer auto originations in its history. The feat was driven by record decision applications and used-vehicle originations. Consumer financing originations totaled $10.9 billion for the quarter, up 11% year over year. The originations were comprised of $4.7 ... Read More »
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