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WASHINGTON, D.C. — A coalition of 14 state attorneys general called on the Consumer Financial Protection Bureau to continue protecting the rights of consumers against credit discrimination under the Equal Credit Opportunity Act (ECOA) — a sign that the fight over dealer participation might not be over. In a letter issued to Acting Director Mick Mulvaney, the ... Read More » The post AG Coalition: CFPB Has ‘No Authority to Overrule’ High Court’s ECOA Interpretation appeared first on P&A Magazine.
Read More →SAN FRANCISCO — Jumpstart Automotive Media, a leading media, insights, and marketing solutions company, today announced an exclusive ad sales representation agreement with iSeeCars as its newest publishing partner. iSeeCars is billed as a rapidly expanding car-shopping marketplace with broad coverage of more than 4 million new and used vehicles for sale. Based in Boston, ... Read More » The post Jumpstart Partners With iSeeCars appeared first on P&A Magazine.
Read More →LAKE FOREST, Calif. – Portfolio, one of the nation’s leading reinsurance program managers for automotive dealers, has announced that Joseph F. Najar has taken a position as Reinsurance Specialist on the national sales team. The position requires working closely with dealer principals on business strategy and requires a thorough knowledge of all dealership operations. He ... Read More » The post Retail Expert Joseph Najar Joins Portfolio Sales Team appeared first on P&A Magazine.
Read More →SOUTHFIELD, Mich. — Business information provider IHS Markit today announced the launch of the Market Performance Analysis Tool, the newest part of the company’s WorldView aftermarket online solution. This addition will allow aftermarket companies to analyze unit and dollar volume by product line and compare actual transaction pricing against competition — over time and by ... Read More » The post IHS Markit Launches New Solution for Automotive Aftermarket appeared first on P&A Magazine.
Read More →LAKE FOREST, Calif. — Portfolio has released “Opportunity at Risk: Reinsurance Meets Tax Reform,” a new report detailing the effects of the Trump administration’s Tax Cuts and Jobs Act on each of the six common reinsurance models. The report is now available to dealers, agents, and other industry members as a free download. Authors Ryan Hanlon ... Read More » The post Report: Trump Tax Cuts Affect Reinsurance Profits appeared first on P&A Magazine.
Read More →WASHINGTON, D.C. — Kathy Kraninger, current associate director for general government at the Office of Management and Budget (OMB), was approved by the U.S. Senate Committee on Banking, Housing on Urban Affairs to lead the Bureau of Consumer Financial Protection (BCFP) by a narrow 13-12 vote. Thursday’s vote sends President Donald Trump’s pick to head ... Read More »
Read More →ORLANDO, Fla. — Organizers of the annual Industry Summit announced that attorney and former dealer regulator Terrence J. “Terry” O’Loughlin will deliver the keynote address for the Compliance Summit portion of the event, which will be held Oct. 8–10 at the Caribe Royale Orlando in Orlando, Fla. Compliance Summit includes a full-day of front-end compliance training — ... Read More »
Read More →ATLANTA — Manheim now offers Lane Alerts, a new feature designed to allow buyers to receive a text message in advance of a vehicle they’re interested in coming up for sale. In the six months since Lane Alerts launched, over 33,000 vehicles have sold to a client who set up a Lane Alert and received ... Read More »
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