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NewsFebruary 7, 2018

Black Book: Index Falls 1.2% to 113.1 in January

The firm had expected a steeper decline due to replacement activity linked to last year’s hurricanes. Instead, Black Book saw fairly typical depreciation.

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NewsFebruary 7, 2018

Black Book: Start of Tax Seasons Brings Low Depreciation, Strong Auction Sales

The beginning of tax season saw stronger sales at auction, especially for mainstream car segments. Mid-size cars led the way in terms of value retention in the car segment, while minivans, full-size vans and small pickups saw no change last week.

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NewsFebruary 1, 2018

White Clark Founder Earns Technology Hall of Fame Award

Dr. Ed White, who co-founded White Clark Group in 1992, was awarded the International Auto Finance Network’s Technology Hall of Fame award for his contributions to the industry.

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NewsFebruary 1, 2018

Genesis to Establish U.S. Dealer Network

According to the company, certain dealers who are parties to the Genesis Participation Agreement (GPA) and operate in “defined key markets” will be given first opportunity to apply for the Genesis franchise.

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Newsby Gregory ArroyoFebruary 1, 2018

Appeals Court Rules CFPB Structure Is Constitutional

On Wednesday, the D.C. Court of Appeals ruled 7-3 that a provision in the Dodd-Frank Act that says the CFPB director can only be removed for cause does not unconstitutionally constrain the president.

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NewsJanuary 31, 2018

Nissan Captive Joins AutoGravity Network

Nissan Motor Acceptance Corp. became the latest captive to join AutoGravity’s digital marketplace. The captive's financing options are currently available on the firm's mobile app in California and will be available nationwide in mid-2018.

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NewsJanuary 30, 2018

Hudson Cook Partners Elected Fellows of American College of Consumer Financial Services

The two partners, Lucy Morris and Ryan Stinneford, join 12 other Hudson Cook attorneys who have been named ACCFSL fellows.

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NewsJanuary 29, 2018

Autotrader Plans Dramatic Transformation

The online retailer will introduce a series of enhancements designed to deliver higher quality leads to auto dealers and add transparency and speed to the customer experience.

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NewsJanuary 25, 2018

Innovate Auto Finance to Service Subprime Portfolio Worth $50 Million

The purchaser and service of vehicle loan portfolios said it has been retained by an unnamed, multinational investment firm to source $50 million worth of subprime auto loan portfolios.

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NewsJanuary 25, 2018

FTC Approves Consent Order in Texas Dealer’s Deceptive Advertising Case

The approval settles the FTC's December 2017 complaint against Dallas-based Cowboy Toyota regarding its Spanish-language newspaper ads. The regulator charged the dealership with violations of the FTC Act, TILA and the Consumer Leasing Act.

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