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Riley Wolfbauer

Proposed FTC ‘junk fee’ rule garners nearly 1,700 comments

byRiley Wolfbauer

August 16, 2022

The Federal Trade Commission (FTC) has received 1,678 consumer responses...

The General Motors world headquarters building is shown September 17, 2015 in Detroit, Michigan. Mary Barra, Chief Executive Officer of General Motors, and Mark Reuss, President of GM North America, held an Employee Town Hall Meeting and a question & answer session with the news media today to discuss GM's $900 million settlement with the Justice Department over GM's ignition switch recalls.

Compliance

Biden Bill Compels Barra to Put GM Before Business Roundtable: David Welch

byBloomberg News

August 5, 2022

The landmark legislation President Joe Biden is counting on to motivate Americans...

Compliance

Extensions on extensions: Financing despite low inventory

byDavid Thompson, McGlinchey

January 12, 2024

Dealers continue to struggle with inventory shortages that frustrate sales...

Compliance

Compliance experts take center stage at Auto Finance Summit

byCarson Hutton

July 28, 2022

Compliance experts will take center stage for the “Inside Regulators’...

Hyundai Motor Co. vehicles bound for shipment parked at the company's Ulsan plant lot in Ulsan, South Korea, on Thursday, Jan. 20, 2022. The last time Hyundai Motor sold a car in Japan was in 2009, when it pulled out after years of dismal sales. Now, South Koreas top automaker is back, but with a twist: its only going to sell electric vehicles, and only online. Photographer: SeongJoon Cho/Bloomberg

Compliance

Hyundai Capital hit with $19M CFPB settlement

byAmanda Harris

July 26, 2022

Hyundai Capital America (HCA) has entered into a $19 million...

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Car Pros Automotive adds to offerings on Amazon Autos

A broader mix of vehicles is available through Amazon Autos following the addition of inventory from

Rebates push powersports sales in June

Cash rebates are leading powersports incentives in June as fewer customers qualify for lower-rate financing deals.

Recovery backlogs grow as fuel prices remain high

As repossession efforts become more expensive because of elevated fuel costs, lenders are forced to either

CarMax issues $600M ABS deal backed by nonprime auto loans

CarMax Auto Finance came to market this month with a $600 million asset-backed securitization deal backed

Podcast: Carvana, CarMax sales rise, interest rates decline

Auto retailers are gaining momentum on the heels of increased sales and finance volume even as

America’s Car-Mart, lenders extend debt deadline to September

America’s Car-Mart’s lenders will provide relief on its $892.2 million in debt through September. The buy

Nominations for 2026 Auto Finance Excellence Awards now open

Auto Finance News is pleased to solicit nominations for the 2026 Auto Finance Excellence Awards. Nominations

Lucid cutting 18% of US staff as EV maker retrenches further

Lucid Group Inc. is slashing its workforce for at least the second time this year and

Credit Union Auto Lending Surges

David Thompson

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Federal Reserve announces emergency meeting on auto lending regulations • Click for details

MARKET SNAPSHOT

Compliance

Proposed FTC ‘junk fee’ rule garners nearly 1,700 comments

Biden Bill Compels Barra to Put GM Before Business Roundtable: David Welch

Extensions on extensions: Financing despite low inventory

Compliance experts take center stage at Auto Finance Summit

Hyundai Capital hit with $19M CFPB settlement

News Feed

Car Pros Automotive adds to offerings on Amazon Autos

Rebates push powersports sales in June

Recovery backlogs grow as fuel prices remain high

CarMax issues $600M ABS deal backed by nonprime auto loans

Podcast: Carvana, CarMax sales rise, interest rates decline

America’s Car-Mart, lenders extend debt deadline to September

Nominations for 2026 Auto Finance Excellence Awards now open

Lucid cutting 18% of US staff as EV maker retrenches further

Credit Union Auto Lending Surges

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