Recent News

FTC and Illinois Attorney General Halt Chicago-Area Operation Charged with Collecting and Selling Phantom Payday Loan Debts

At the request of the Federal Trade Commission and the Illinois Attorney General, a federal court has temporarily halted a Chicago-area operation that allegedly threatened and intimidated consumers to collect phantom payday loan “debts” they did not owe,...

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FTC, States Settle Claims Against Two Entities Claiming to Be Cancer Charities; Orders Require Entities to Be Dissolved and Ban Leader from Working for Non-Profits

Concludes Action by FTC, All 50 States and D.C. Against Charities That Bilked More Than $75 Million from Donors Two nationwide organizations purporting to be cancer charities will be dissolved, and their president is banned from profiting from any charity fundraising...

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Most U.S. car headlights inadequate, insurance group’s ratings find

Headlights on a third of U.S. midsize car models do a poor job, and only one, the Toyota Prius V, performed well enough with an optional upgrade to earn a good rating from the Insurance Institute for Highway Safety in results released today. ... Read More »

GM sees U.S. market share stabilizing despite cut in fleet

GM plans to cut sales to U.S. rental car fleets by 80,000 to 90,000 vehicles this year without surrendering significant market share, the head of the automaker's North American operations said. ... Read More »

GM to recall 6,300 police cars for steering defect

General Motors is recalling 6,280 police cars for a power-steering defect. The recall affects 2014-16 model year Chevrolet Caprice Police Pursuit cars, according to documents filed with NHTSA. ... Read More »

Moore to Take On Millennial Workforce at Dealer Summit

TAMPA, Fla. — Protective Asset Protection’s Rich Moore will present a session dedicated to hiring and training Millennial workers at the upcoming Dealer Summit, organizers announced Monday. The event will be held May 3–5, 2016, at the Sheraton...

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U.S. jurors weigh whether GM ignition switch caused 2014 crash

A lawyer for people suing General Motors over a faulty ignition switch today urged jurors in Manhattan federal court to hold the company responsible for a 2014 accident they allege was caused by the defective part. ... Read More »

FTC Seeks Court Order Against Volkswagen for Deceptive Advertising

WASHINGTON, D.C. — The Federal Trade Commission is seeking a court order against Volkswagen Group of America Inc. that would require the manufacturer to compensate American consumers who bought or leased a vehicle equipped with emissions cheat software between...

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Dealertrack Partners With DealerCorp to Expand F&I Solution Suite in Canda

MISSISSUAGA, Ontario — Dealertrack Technologies announced today it has entered into an exclusive partnership with DealerCorp to expand its F&I solution suite in Canada.According to Dealertrack, the software company is combining its credit application...

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Killing F&I

I’ve been writing about this for years. As a matter of fact, I’ve screamed it from the mountaintops until the echoes rang repeatedly around the industry. I’ve watched it gain momentum as a consortium of vendors, manufacturers and other assorted...

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