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CFPB announces consent order with buy-here pay-here used car dealer
2016-01-27 02:17:53| Auto Dealers - Topix.net
The CFPB has announced that it has entered into a consent order with a Colorado buy-here pay-here used car dealer to settle charges that the dealer's sales and advertising practices violated the Truth in Lending Act and the Consumer Financial Protection Act prohibition of unfair, deceptive, or abusive acts or practices. The consent order requires the dealer to pay $700,000 in restitution and imposes a civil penalty of $100,000 which is suspended based on the dealer's inability to pay.
Tags: order
car
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Snow a big deal for area car dealers
2016-01-27 02:17:52| Auto Dealers - Topix.net
Snow a big deal for area car dealers Tom Livelsberger calls snow a car dealer's 'worst enemy.' Check out this story on eveningsun.com: http://on-ydr.co/1Vpkhtz Jason Estep, left, snow blows near the last buried row of cars as Todd Zimmerman shovels at Stetler Dodge in West Manchester Township.
When is a Japanese car not a Japanese car?
2016-01-27 01:05:44| BBC News | Business | UK Edition
Why it no longer matters what country your car is from
UPDATE 1-Trelleborg in talks with KKR over stake in car parts maker -sources
2016-01-26 17:01:03| Industrial Machines - Topix.net
While Trelleborg initially expected an IPO to maximize the return on its 50 percent stake, the group has warmed to the idea of selling to a private equity firm as stock markets have tumbled, the sources said. Other private equity groups such as PAI and Bain have also shown interest in buying the stake, the sources said, speaking on condition of anonymity as the matter isn't public.
Tags: car
parts
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Car sales boom as Auto Show nears - Tuesday, 26 January 2016 06:19
2016-01-26 16:16:32| Auto Dealers - Topix.net
If you see flashes of white as you pass your local auto dealerships, they may just be the smiles on the staff's faces. Car sales are booming, setting an all-time sales record for 2015 that may be stretched even higher in 2016.
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