ironcore – Page 274

EV charging network plans 40 stations in DC metro area: Dealers are invited to participate

EV charging network plans 40 stations in DC metro area [I]Dealers are invited to participate [/I][/CENTER The privately funded eVgo network of electric vehicle charging stations opened a station by the Van Ness Metro Station last week and plans to open 40 stations in the region by the end of 2014. Area automotive reporters were […]

How will Supreme Courts ruling on same sex marriage affect businesses?

How will Supreme Courts ruling on same sex marriage affect businesses? There will be much discussion in coming weeks of how the Supreme Courts ruling on same sex marriage last week will affect spousal benefits. If your dealership is in Maryland or DC, where same sex marriage is legal, will your benefit plans suddenly cover […]

Employees may gravitate to private health insurance exchanges

Employees may gravitate to private health insurance exchanges Private health insurance exchanges are expected to become more important as health insurance vehicles for many of the 170 million people nationwide who receive benefits through their employer, according to a report by Accenture. By 2017, health insurance exchanges which are expected to provide insurance for […]

Late auto loan payments higher in first quarter

Late auto loan payments higher in first quarter As lenders, especially banks, are making credit more available to auto buyers, the rate of late payments rose slightly in the first quarter, to 0.88 percent for payments 60 days late or more. Thats up slightly from a year ago, but down from 1 percent in fourth-quarter […]

Consumer confidence jumps in June

Consumer confidence jumps in June The Conference Boards Consumer Confidence Index jumped more than seven points in June to 81.4, its highest point since January 2008. It marks the third straight month of increases. Expectations have improved considerably over the past several months, suggesting that the pace of growth is unlikely to slow in the […]

Old license plates made into art

Old license plates made into art Proving once again that the one persons trash is anothers treasure, a business in Michigan is making old license plates into all sorts of new objects maps in the shape of the state, purses, magnets and made-to-order signs. Linda Ringstad started License Plate Heaven with her parents when […]

House Republicans press consumer finance agency on auto lending stance

House Republicans press consumer finance agency on auto lending stance A group of House Republicans sent a letter to the Consumer Finance Protection Bureau asking to see the information it used to develop its March guidance to auto lenders. The letter calls it highly concerning that the agency hasnt given the public a chance to […]

Thought for the week

Thought for the week You have to love a nation that celebrates its independence every July 4, not with a parade of guns, tanks, and soldiers who file by the White House in a show of strength and military might, but with family picnics where kids throw Frisbees [I]-Erma Bombeck 1927-1996[/I]

Auto loan chief at CFPB to leave; more scrutiny of dealers likely

Auto loan chief at CFPB to leave; more scrutiny of dealers likely The Consumer Finance Protection Bureaus assistant director overseeing auto finance, Richard Hackett, plans to leave the agency by the end of the month. The move, first reported by Politico and confirmed in the CFPB Monitor, said that Hacketts responsibilities for auto loans will […]

NADA crafts dealer talking points on regulator claims that dealers discriminate on car loans

NADA crafts dealer talking points on regulator claims that dealers discriminate on car loans In response to charges by newly installed finance reform regulators from the Consumer Finance Protection Bureau (CFPB) that dealers discriminate against minorities in arranging car loans, NADA put together a talking points paper that repudiates CFPBs position and its remedy for […]