Tag: Regulations Across Your Dealership
CFPB Clarifies Abuse of Rules and Eases Penalties
Dealers / F&I Compliance
The Consumer Financial Protection Bureau is making it clear to dealers what it considers bad business. So, how does this apply to you?
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Regulations Across Your Dealership: The Body Shop
Dealers
Dealership Compliance, Part 6: Make sure the team in your body shop knows how to do their job safely, in compliance with the following federal rules.
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Regulations Across Your Dealership: The Sales Team
Dealers
Dealerships place great emphasis on their salespeople’s engagement and productivity. But this dedication is short-sighted without an equivalent focus on workforce compliance.
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Regulations Across Your Dealership: Consumer-Facing Employees
Dealers
Regulators have sent a clear message to dealerships: “If you mess with your consumers, your employees, or the environment, you mess with us.” It’s another way in which everyone who works for your business stands for the entire organization: their actions—or inactions—can place the whole dealership at risk.
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Regulations Across Your Dealership: The Service Department
Dealers
No other part of a dealership can compare to the service department in terms of moving parts. I mean that both figuratively and literally. For as many nuts, bolts, pistons, panels, plugs, and springs your service team handles, there’s an almost equal amount of rules and regulations to follow.
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Regulations Across Your Dealership: The F&I Department
Dealers / F&I Compliance
Sales gets the glory, but much of the real credit (pun intended) should go to F&I, for the many regulations they need to know.
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A Bird’s Eye View of Regulations Across Your Dealership
Dealers
Workforce compliance is all connected. Take a look at each department’s obligations, & ask yourself whether every employee at your dealership is up to speed.
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