Issue The Senate financial regulation bill (S. 3217) would create a Bureau of Consumer Financial Protection (BCFP), which would have new and extremely broad authority to regulate most financial products, including dealer-assisted financing.  The auto finance model is sound, based on due diligence, and decreases the cost of credit to consumers. NADA supports an amendment [...]

In a positive development, your intense grassroots efforts in support of the Brownback Amendment have caused the vote on the amendment to be postponed to next week. It appears that (Obama’s) Treasury Department, who opposes this amendment, believes dealers now have the votes to enact the measure.  Late yesterday, it was agreed that the amendment would be pulled [...]

If you have been driving your Toyota cars around the St. Joseph area lately, you have probably noticed some bad road conditions that make you take extra precautions. This past weekend was bad in terms of snowfall and freezing temperatures, a dangerous mix for drivers. One of the most slipper roads in the area was [...]

Many consumers who have taken the plunge and applied for an auto loan despite the recent credit crunch are getting pleasant surprises. They are getting approved for their loans and some are even getting decent interest rates, too! According to an article in SFGate, auto lenders have loosened their credit restrictions and they are giving [...]

You know that Toyota is top of the line when it comes to the best safety features on the market, but that doesn’t mean you ever want to put those safety features to the test in a serious accident. Wintertime is prime accident season, with ice and snow on the roads making the conditions less [...]