Recent News

Westlake Financial to Open Texas Production Center

LOS ANGELES — Westlake Financial Services has announced plans to open a new production center in Dallas in January 2015. The finance company also expanded its senior executive team.The new production center will provide improved servicing for current dealerships...

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Manheim Names Savage General Manager of Detroit Facility

ATLANTA — Manheim promoted Mandy Savage to general manager of Manheim Detroit. In this role, Savage will be responsible for leading auction activities, improving customer service and driving business efficiencies.With Detroit being home to the top U.S. auto...

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Live from Wilmington!

Today, we held a field hearing on prepaid accounts in Wilmington, Delaware. The event featured remarks from Director Richard Cordray, as well as testimony from consumer groups, industry representatives, and members of the public. The live event has now ended,...

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Prepaid products: New disclosures to help you compare options

Last March, we asked you to comment on possible prepaid card disclosures. Thanks to your feedback and additional consumer testing, today we’re proposing new disclosure requirements that consumers would receive before deciding to open a prepaid account. These...

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Settlement with the FTC and Florida Attorney General Stops Operations that Used Robocalls to Fraudulently Pitch Medical Alert Devices to Seniors

Defendants Lied About Health Organizations Endorsing Their Products A settlement obtained by the Federal Trade Commission and the Office of the Florida Attorney General permanently shuts down an Orlando-based operation that bilked seniors by using pre-recorded...

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Settlement with the FTC and Florida Attorney General Stops Operations that Used Robocalls to Fraudulently Pitch Medical Alert Devices to Seniors

Defendants Lied About Health Organizations Endorsing Their Products A settlement obtained by the Federal Trade Commission and the Office of the Florida Attorney General permanently shuts down an Orlando-based operation that bilked seniors by using pre-recorded...

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Honda discloses 5th Takata-linked airbag fatality, issues recall

The death toll linked to defective Takata airbags grew to five today with Honda disclosing the first fatality outside the United States and calling back more cars. ... Read More »

Takata subpoenaed by U.S. grand jury as chairman apologizes

Japanese supplier Takata is the subject of a federal criminal investigation over potentially defective car airbags that have been linked to five deaths, a spokesman confirmed today. ... Read More »

Subaru to hit North America sales target ahead of plan

The parent of Subaru said it will reach its mid-term sales target in North America at least three years ahead of plan, helped by demand for the Forester crossover and Legacy sedan. ... Read More »

Sundaram, Gibbs Named Dealertrack Co-Presidents

LAKE SUCCESS, N.Y. — Dealertrack Technologies, Inc. announced Wednesday that its board of directors has approved Rick Gibbs and Raj Sundaram as co-presidents, effective immediately.Under the continuing leadership of CEO Mark ONeil, Gibbs and Sundaram will...

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