Recent News

Texas isn’t open for Tesla sales, governor says

Texas Gov. Greg Abbott said that Tesla Motors shouldn't expect to open Lone Star state sales outlets any time soon. ... Read More »

NADA Urges Dealers to Review FCC’s TCPA Ruling

WASHINGTON, D.C. — The National Automobile Dealers Association (NADA) is urging dealers to review their telephone and text marketing practices to ensure that they are in line with the Federal Communications Commission's omnibus ruling and order regarding...

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N.Y. AG Announces Two Actions Against Dealers

NEW YORK — Attorney General Eric T. Schneiderman announced two separate actions today against a 22-store dealer group and a Hyundai dealership, both related to deceptive advertising practices.The attorney general’s office has reached a settlement requiring...

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CFPB, DOJ Reach $24M Settlement with Honda Finance

WASHINGTON, D.C. — Two weeks after American Banker reported that the Consumer Financial Protection Bureau was planning to cite three captive auto finance companies for allegedly allowing their dealer partners to charge higher interest rates on auto loans...

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CFPB, DOJ Reach $24M Settlement With Honda Finance

WASHINGTON, D.C. — Two weeks after American Banker reported that the Consumer Financial Protection Bureau was planning to cite three captive auto finance companies for allegedly allowing their dealer partners to charge higher interest rates on auto loans...

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Honda’s U.S. finance arm to pay $25 million in loan case

American Honda Finance agreed to pay up to $25 million to settle U.S. claims that minority borrowers were overcharged for auto loans. ... Read More »

NADA Files Request to Make CFPB Memo Public

MCLEAN, Va. — The National Automobile Dealers Association filed a Freedom of Information Act request Monday, seeking to make a Consumer Financial Protection Bureau memo about limiting dealer discretion public. The NADA believes the inter-agency memo undermines...

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NADA Files Request to Make CFPB Memo Public

MCLEAN, Va. — The National Automobile Dealers Association filed a Freedom of Information Act request Monday, seeking to make a Consumer Financial Protection Bureau memo about limiting dealer discretion public. The NADA believes the inter-agency memo undermines...

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Auto shows strongly influence car shoppers, new study finds

More than half of auto show goers who bought vehicles after attending the events say the shows influenced their purchase decisions, according to a new study commissioned by Auto Shows of North America. ... Read More »

Honda’s car-less CEO holding out for dream wheels — the Civic Type R

When Takahiro Hachigo returned to Japan in March after years overseas to be the new CEO of Honda, he didn't rush out to buy a new car, Honda brand or otherwise. ... Read More »
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