Dealer News Stories

04
September
2024

Policy Conference Returns to Washington, D.C.

Policy Conference Returns to Washington, D.C.

The NIADA Policy Conference is the used car industry’s and independent dealers’ opportunity to speak with one voice to legislators in Washington, D.C. The NIADA Policy Conference is Sept. 23-25 at the Ritz-Carlton Pentagon City.

Categories: Dealer News Stories

04
September
2024

Pennsylvania Man Sentenced for Odometer Fraud

Pennsylvania Man Sentenced for Odometer Fraud

A Pennsylvania man was recently sentenced to 30 months in prison after being convicted in a federal court of tampering with an odometer and forging vehicle titles.

Categories: Dealer News Stories

01
August
2024

Enhancing Operations for Independent Used Car Dealers!

Enhancing Operations for Independent Used Car Dealers!

Introducing SmartLot, an advanced automotive application powered by state-of-the-art AI technology, designed specifically for independent and retail auto dealers.

Categories: Dealer News Stories

01
August
2024

The Quiet Before the Storm: NADA vs FTC/CARS Rule

The Quiet Before the Storm: NADA vs FTC/CARS Rule

Get prepared, because I believe that this rule will go into effect before the end of the year!

Categories: Dealer News Stories

01
August
2024

The Other Shoe Just Dropped

The Other Shoe Just Dropped

The costs of failing to prepare for cyberattacks can be staggering and can include economic damages, reputational risk, and regulatory and legal scrutiny.

Categories: Dealer News Stories

01
August
2024

Revving Up: Senate Bill 1129 Advances to Streamline Vehicle Salvage and Auction Processes

Revving Up: Senate Bill 1129 Advances to Streamline Vehicle Salvage and Auction Processes

This legislation aims to prevent economic waste and encourages dealers not to abandon their vehicles at auction

Categories: Dealer News Stories

26
June
2024

Dark Patterns: Soon Starring a Dealer Near You

Dark Patterns: Soon Starring a Dealer Near You

Marketing via social media presents the potential for Dark Patterns, and dealers should consider how they are employing these applications.

Categories: Dealer News Stories

26
June
2024

FTC Presents Enforcement Report to CFPB

FTC Presents Enforcement Report to CFPB

NIADA dealer members, more than 80 percent who employ less than 10 employees, will be faced with considerable costs from the rule, including professional fees from attorneys and IT personnel and recordkeeping storage.

Categories: Dealer News Stories

26
June
2024

Preventing Bank Fraud

Preventing Bank Fraud

If a lender has reason to believe bank fraud was committed, the dealer could be required to buy back the deal.

Categories: Dealer News Stories

26
June
2024

The CARLAWYER - July Legal Developments

The CARLAWYER - July Legal Developments

Here’s our monthly article on selected legal developments we think might interest the auto sales, finance, and leasing world. This month, the developments involve the U.S. Department of Justice, Consumer Financial Protection Bureau (CFPB), and Federal Trade Commission (FTC). As usual, our article features the “Case(s) of the Month” and our “Compliance Tip.” Note that this column does not offer legal advice. Always check with your lawyer to learn how what we report might apply to you or if you have questions.

Categories: Dealer News Stories

26
June
2024

How to Turn, Turn, Turn Used Cars

How to Turn, Turn, Turn Used Cars

Former used-car manager Doug Hadden tells of a dealer who sold a new vehicle to a consumer, bought it back for the same price two years later at the height of vehicle demand – and within hours resold it on his used-car lot.

Categories: Dealer News Stories

26
June
2024

Knowledge is Power: Cyber Insurance 101

Knowledge is Power: Cyber Insurance 101

While the goal of cybersecurity is to shut down data breaches and other cyber threats before they happen, the reality is you’d still be responsible for any sensitive information stolen in the event of a cyberattack.

Categories: Dealer News Stories

26
June
2024

America’s Group Promotes Polk

America’s Group Promotes Polk

Katie Polk has been appointed as the new general manager of America's Auto Auction Savannah.

Categories: Dealer News Stories

26
June
2024

Survey finds consumers more likely to click on vehicles with high-quality photos

Survey finds consumers more likely to click on vehicles with high-quality photos

Find out why high-quality photos are so important when viewing a vehicle display page.

Categories: Dealer News Stories

26
June
2024

How to Comply With New FTC Safeguards Rule

How to Comply With New FTC Safeguards Rule

Upgrading security and monitoring it once systems and policies are in place will help keep data secure so dealers might avoid a breach.

Categories: Dealer News Stories

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