News
Read This Menu
Properly utilized, the F&I menu can be more than a selling tool. ACE’s Penny Bell shares a four-point checklist for ensuring menu settings and processes reinforce the dealership’s compliance standards. Read more at F&I and Showroom
Trading Rate for Product
Can dealers offer a lower APR to customers who buy service contracts? From a compliance perspective, it's possible, but it’s complicated. Attorney and Mosaic Compliance Services CEO Jim Ganther explains. Watch at YouTube
Herb Chambers Will Pay $11.8M to Settle PPP Loan Fraud Charges
Herb Chambers will pay $11.8 million to settle allegations that eight of his companies improperly obtained federal COVID-19 relief funds. Read more at the Boston Globe
Maine CJDR Store Abruptly Closes With Vehicles Trapped Inside
Customers of Oxford County Chrysler Dodge Jeep Ram in Paris, Maine, tell the U.S. Sun their vehicles were locked up in the dealership when it was forced to close. Read more at the U.S. Sun
Trump Exempts Automakers, Some Suppliers From Reciprocal Tariffs
President Donald Trump has spared vehicle manufacturers and some auto part suppliers from sweeping new “reciprocal” tariffs on imported goods. Read more at WhiteHouse.gov
Calif. Dealer Sues Nissan, Alleging Retaliation Over Ghosn Ties
The owner of two Los Angeles-area Nissan dealerships says the factory orchestrated a “deliberate and nefarious scheme” to “suffocate” his rooftops. Read more at Dealer Agent News
