Recent News

Group 1&’s Q2 profits flat, hit by storm expenses

Group 1 Automotive's net income rose 0.6 percent in the second quarter to $46.6 million, largely buoyed by its parts and service and finance and insurance operations. Its new-vehicle retail sales in the U.S. ... Read More »

Penske Automotive’s Q2 net slips 0.7% on currency, interest costs.

Penske Automotive's net income in the second quarter eased 0.7 percent from the year-earlier quarter to $95.0 million, on currency losses and higher floorplan and other interest costs. ... Read More »

Wells Fargo faces U.S. probe over soldiers’ car seizures, report says

Wells Fargo is facing a U.S. investigation into whether it improperly repossessed cars owned by members of the military, two people with knowledge of the probe told Bloomberg. ... Read More »

Ford posts 9% decline in Q2 profit, warns of challenges ahead

Ford said its second-quarter profit fell 9 percent to $1.97 billion and warned of a 'very weak third quarter' as U.S. demand softens and the automaker launches redesigned versions of its heavy-duty pickups. ... Read More »

FTC Approves Final Order in ASUS Privacy Case

After a public comment period, the Federal Trade Commission has approved a final order resolving the Commission’s complaint against ASUSTeK Computer, Inc., charging that critical security flaws in its routers put the home networks of hundreds of thousands of...

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FTC Approves Final Order in ASUS Privacy Case

After a public comment period, the Federal Trade Commission has approved a final order resolving the Commission’s complaint against ASUSTeK Computer, Inc., charging that critical security flaws in its routers put the home networks of hundreds of thousands of...

... Read More »

CFPB Proposes to Overhaul Debt-Collection Market

SACRAMENTO, Calif. — At a field hearing held here today, the Consumer Financial Protection (CFPB) Bureau outlined proposals its considering that would overhaul the debt-collection market. One of the proposals on the table is capping collector contact attempts.Under...

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We’re working to improve fairness and transparency in the debt collection market for you

A lack of clear rules of the road in the debt collection market puts consumers at a disadvantage. ... Read More »

Compliance Summit Early Bird Ends Friday

LAS VEGAS — Organizers of the upcoming Compliance Summit have announced that the $100 early-bird registration discount will expire at midnight this Friday, July 29. The event will be held Aug. 29–30, 2016, at Paris Las Vegas, as part of the annual Industry...

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Mercedes challenged over ‘Drive Pilot’ TV ad

Consumer and auto safety advocates have called on the FTC to investigate Mercedes-Benz over a TV commercial for the 2017 E-class, saying the ad could mislead consumers by overstating the capability of automated driving systems available on the sedan. ... Read More »