Archive | Auto Industry News

Fight for Control of CFPB Not Over, Democrats Say

WASHINGTON, D.C. — The fight over the acting director’s chair at the Consumer Financial Protection Bureau (CFPB) is far from over, as Democratic lawmakers and activists plan to challenge last week’s ruling by U.S. District Judge Timothy J. Kelly that denied a temporary restraining order ... Read More »

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Dealertrack and DealerCenter Announce Strategic Partnership

NEW HYDE PARK, N.Y. — Dealertrack and DealerCenter announced today a strategic integration partnership designed to deliver a more connected F&I workflow. Independent retail dealerships using DealerCenter’s DMS platform can seamlessly connect customer information to Dealertrack’s open F&I platform, allowing for a smoother workflow with ... Read More »

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RouteOne Adds Exeter to Econtracting Platform

FARMINGTON HILLS, Mich. — Exeter Finance is now on RouteOne’s econtracting platform, which enables the digital exchange of critical contract documents and data between dealers and finance sources to increase efficiency and reduce contracts in transit. RouteOne has booked more than 8.2 million electronic contracts to date and ... Read More »

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Fastlane Plans 2018 Launch for Ecommerce Solution

DALLAS — Ecommerce solutions provider Fastlane will enter the independent and pre-owned car dealer market in January 2018, the company announced. Having focused on dealer groups since the company’s initial launch earlier this year, the company views the independent and pre-owned car dealership segment as ... Read More »

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GOA Says Congress Can Review CFPB’s Guidance on Dealer Participation

WASHINGTON, D.C. — The Government Accountability Office (GOA) said on Tuesday that the Consumer Financial Protection Bureau’s controversial March 2013 guidance on dealer participation falls under the Congressional Review Act and should have been submitted to Congress and the Comptroller General for review before it ... Read More »

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EFG Companies Launches Mobile App

DALLAS — EFG Companies today announced the launch of Driver’s Advocate, a mobile app developed out of the F&I product provider’s 2015 and 2016 Northwood University Innovator of the Year contests. Driver’s Advocate is designed to foster greater consumer loyalty through service drive retention, while also ... Read More »

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