Posts Tagged ‘auto dealer compliance

27
Nov
12

Nowcom Joins the Carolinas Independent Automobile Dealers Association for 2013

Los Angeles, CA – November 27, 2012 –  Nowcom added the Carolinas Independent Automobile Dealers Association (CIADA) for 2013.  Covering the North Carolina and South Carolina independent auto dealers, CIADA has become recognized as one of the leading independent automobile dealers associations in the US.

About CIADA

Serving North Carolina and South Carolina’s  Professional Automobile Dealers since 1955, are the only non-profit association focused solely on representing the independent auto dealer in the Carolinas into a value-adding organization that helps members be more successful. As the economy recovers, CIADA members will be able to take advantage of new programs, relationships, training and education that should produce tangible benefits including more customers, more units sold and higher profits. www.theciada.com

About Nowcom

Founded in 1996 and headquartered in Los Angeles, California, Nowcom is a leading provider of dealer management solutions, specifically catering to the independent dealer’s needs. DealerCenter.net, an all-in-one web-based dealer management software system allows the dealer full control over their sales, inventory, credit reports, insurance offering and financing.  As an authorized reseller, Nowcom can grant dealerships access to all major services including credit bureaus, book services and other services popular with independent dealers. Nowcom’s staff has an extensive background in the automotive industry that prides themselves on their supreme level of customer service. Nowcom has over 11,000 active dealers using Nowcom products. Learn more about Nowcom at: http://nowcom.com/

21
Nov
12

Nowcom Signs Up for Membership with GIADA for 2013

Los Angeles, CA – November 20, 2012 – Nowcom, a leading provider of dealer management solutions, announced today that they have become a member of the Georgia Independent Automobile Dealers Association (GIADA)  for 2013.  The GIADA membership opens several channels for Nowcom to Georgia’s independent auto dealers.

About GIADA

GIADA is a not-for-profit industry trade association that has been the voice of Georgia’s independent auto dealers since 1955. GIADA is committed to representing, educating, and informing Georgia’s most successful independent motor vehicle dealers. Dealers turn to GIADA to provide them solutions and answers to business related questions and consumer related questions. www.giada.org

Currently, there are approximatly 2275 GIADA members, 2050 licensed auto dealers and 225 companies who offer products and services to Georgia Auto Dealers. The primary purpose is to identify and address the legal and legislative issues that confront the used car industry in Georgia.

About Nowcom

Founded in 1996 and headquartered in Los Angeles, California, Nowcom is a leading provider of dealer management solutions, specifically catering to the independent dealer’s needs. DealerCenter.net, an all-in-one web-based dealer management software system allows the dealer full control over their sales, inventory, credit reports, insurance offering and financing. As an authorized reseller, Nowcom can grant dealerships access to all major services including credit bureaus, book services and other services popular with independent dealers. Nowcom’s staff has an extensive background in the automotive industry that prides themselves on their supreme level of customer service. Nowcom has over 11,000 active dealers using Nowcom products. Learn more about Nowcom at: http://nowcom.com/

13
Jun
11

FTC Finds Dealers Compliant

Good news, the FTC found that auto dealers are in compliance with the Holder in Due Course Rule. They investigated nearly 50 auto dealers across the country and found broad compliance. Under the Holder in Due Course Rule if a dealer made any misrepresentations or fraud in selling the car on credit, the consumer could bring the dealers behavior as a defense to the lender’s demand for payments. It requires the dealer to include notice in the credit contracts of this and therefore gives lenders incentive to work with reputable dealers.

To read the full article in Used Car News, please click here.




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