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Attorney Eric Johnson and Allen Denson of Hudson Cook discuss regulatory issues at the recent National Alliance of Buy-Here, Pay-Here Dealers conference.

Spotlight

CFPB Rule on Mandatory Arbitration Draws Opposition

CFPB Rule on Mandatory Arbitration Draws Opposition

The Consumer Finance Protection Bureau created a rule banning mandatory arbitration agreements in contracts used by the entities it oversees, which includes auto creditors and...

Latest News

Chase Reports More Revenue, Expense

Chase Reports More Revenue, Expense

Auto leasing both gave and took away from Chase in the latest quarter.The bank reported that noninterest revenue grew in the second quarter, due in part to higher auto lease...

Compliance News

Ford Recalls All Transits

Ford Recalls All Transits

Ford Motor Co. is recalling all 2015-17 Transit vehicles except...

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Dealer News

Consumers Shop Online in Leisure Time

Consumers Shop Online in Leisure Time

Consumers want to shop for cars in a more relaxed...

Auction News

Buy Here/Pay Here

Uncertainty Drives Dealers in Different Directions

Uncertainty Drives Dealers in Different Directions

The industry is in a state of transition and dealers are uncertain about the best...

Legal News

Dealer Pays Nearly $100K in Penalties, Interest

Dealer Pays Nearly $100K in Penalties, Interest

A Washington State auto dealer was ordered to pay the state $240,000 after the business’ president pled...

Financial News

FTC Streamlines Processes

FTC Streamlines Processes

The Federal Trade Commission announced several internal process reforms in the agency’s Bureau of Co...