Investigation Finds Used Cars Are Routinely Sold with Known, Life-Threatening Safety Defects Sen. Blumenthal Weighs In
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Nonprofit Consumers’ Checkbook, Consumer Federation of America Warn of Risk to Americans, Urge Lawmakers to Ban Sale of Vehicles with Open Recalls
Checkbook.org researchers looked at 600 used cars for sale and found 227 of them had at least one unaddressed safety recall. This investigation’s frightening findings show that urgent action is needed to ensure the safety of used cars,” Sen. Richard Blumenthal (D-CT) said. It is unacceptable that defective cars are regularly sold with known, potentially life-threatening safety issues to unsuspecting buyers.
Kentucky dealer takes reigns as AIADA chairman Thursday, Feb. 18, 2021, 12:39 PM By Auto Remarketing Staff ALEXANDRIA, Va. -
Just like the National Automobile Dealers Association, the American International Automobile Dealers Association hosted its annual meeting virtually, in the process handing off the chairman’s gavel and revealing its board of directors.
Set to serve as its 2021 chairman, AIADA bestowed the role to Steve Gates of Richmond, Ky., who is the owner of Gates Auto Family, which operates dealerships in Kentucky, Tennessee and Indiana.
The association also made the posthumous presentation of the David F. Mungenast Lifetime Achievement Award to legendary Indiana dealer and AIADA board member Bob Rohrman.
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Compliance in the finance-and-insurance office is a top concern for dealerships for the next four years under President Joe Biden. With more federal eyes on their operations, dealers must recommit to following the rules in 2021.
Experts at the National Automobile Dealers Association s virtual conference last week discussed the likely uptick in federal scrutiny under an emboldened Consumer Financial Protection Bureau and Federal Trade Commission. Both organizations will be led by vocal opponents of dealership reserve and sales of F&I products.
NADA s Paul Metrey last week outlined a slew of regulatory challenges dealerships likely will face. Among them, the FTC s scrutiny of dealer participation and voluntary protection products, as well as a series of sweeping amendments proposed by the commission to its Safeguards Rule.
Contest highlights ‘Women Driving Auto Retail’
Portion of the video submission from Morrie’s Automotive Group. Screenshot from: NADA. Thursday, Feb. 11, 2021, 03:50 PM By Auto Remarketing Staff
The auto industry has been very rewarding for Jaime Drabzcak.
“So what I would say to anybody considering it: Try it. You probably will fall in love with it,” said Drabzcak, who is general manager of Morrie’s Automotive Group in Minnetonka, Minn.
Drabzcak made those comments as part of a video submission from her dealer group to the National Automobile Dealers Association’s 4th annual Women Driving Auto Retail Video Contest.
NADA on Wednesday announced Morrie’s as the contest winner during NADA’s first-ever Women Driving Auto Retail Virtual Happy Hour. NADA held the event in conjunction with NADA Show 2021.
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