The National Automobile Dealers Association has political muscle, and it wasn’t afraid to use it to obtain the highly sought-after auto dealer exemption from Consumer Financial Protection Bureau oversight. NADA spokesman Bailey Woods told Automotive News that House and Senate committees made the right decision, as the CFPB would make dealer financing for auto loans Read on! →

August auto sales in the U.S. managed to fall short of July’s rebounding pace, reports Automotive News. The reasons for this were largely two-fold, according to experts: falling consumer confidence and the disruption caused by Hurricane Irene along the East Coast. US economy still showing a frown A Bloomberg survey of August automotive sales noted Read on! →

Auto dealer regulation has been on the minds of House Democrats of late, or more specifically a lack thereof. Their belief is that the newly formed Consumer Financial Protection Agency (CFPA) would hamper auto dealers’ ability to recover during these trying financial times by limiting their ability to continue offering dealer-assisted financing. ┬áLed by New Read on! →