Head of Wells Fargo Dealer Services Set to Retire this Year
Auto Dealer Today Top News
Week of January 16, 2017
Top 5 News
1. Head of Wells Fargo Dealer Services Set to Retire this Year
Wells Fargo announced this week that Dawn Martin Harp, the head of Wells Fargo Dealer Services, is set to retire this year, after more than 20 years of service.
2. Cadillac Launches $1,500 a Month Subscription Service
Cadillac has launched a subscription-based, on-demand vehicle utilization program that provides access to Cadillac vehicles without a commitment to buy or lease.
3. Cox Automotive Makes Two Executive Promotions
Cox Automotive this week announced two executive promotions. Rock Anderson Jr. has been promoted to executive vice president of people strategies and John Kovac has been promoted to executive vice president and CMO.
4. CFPB Orders TransUnion and Equifax to Pay $23.1 Million for Deceptive Practices
The Consumer Financial Protection Bureau (CFPB) this week took action against Equifax and TransUnion, ordering the two credit reporting agencies and their subsidiaries to pay more than $17.6 million in restitution for deceiving consumers about the usefulness and actual cost of credit scores they sold to consumers. The two firms were also ordered to pay $5.5 million in fines to the regulator.
5. NIADA Member Services Creates New Partnership Program
NIADA Member Services has created a new partnership program designed to offer members a wider array of companies whose products and services they can trust, according to an association announcement.
Top 5 Articles
1. No Challenge Too Great
In the third act of an action-packed professional life, Tracy Heid is thriving as a salesperson at Wisconsin’s Mad City Mitsubishi.
2. Social Awareness
The publisher seeks expert advice for making social marketing work for dealers.
3. 6 Ways to Get Used
Your pre-owned inventory could be your most undervalued tool. GSM offers six keys to maximizing the market value of every used unit.
4. It’s 2017. Expect More From Your DMS.
The reach of new technology extends to your dealer management system, and you should demand a solution that exceeds your expectations.
5. Hudson: My Job Application to Mr. Trump
In response to rumors that President-elect Donald Trump is preparing to oust the Consumer Financial Protection Bureau's director, the magazine’s legal eagle says he’s the right man for the job.
 

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