The S&P/Experian Consumer Credit Default Indices released through February 2023 shows that the composite rate slightly increased by six basis points to reach 0.75%. But it’s not just the composite rate that’s fluctuating – individual categories are seeing changes as well. Auto loan defaults, for example, increased by one basis point to 0.95%, while the...Read More

The CCPA establishes certain obligations for businesses, including maintaining reasonable security measures to protect personal information, implementing a process for handling consumer requests, and training employees on the requirements of the law. Non-compliance with the CCPA can result in significant fines and legal liability for businesses. The California Consumer Privacy Act (CCPA) was recently updated...Read More

Car dealers can take certain steps to make timely payment from their customers more likely: Agreeing on clear payment terms and conditions before the sale Understanding how credit agencies report to potential buyers’ credit reports. Generating legally compliant invoices. Developing procedures and protocols for handling late payments. Effectively and consistently making collections calls. Creating strategies...Read More

Setting a New High in Sales Performance Breaking Q3 Records Kia America celebrates a remarkable third quarter with total sales reaching 210,341 units, setting a new milestone. This impressive success marks the third occasion in Kia’s history where quarterly sales have surged past the 210,000 unit limit. These record-breaking performances have significantly contributed to Kia’s...Read More

Navigating the complexities of auto accident claims can be a daunting experience, especially when you’re already dealing with the stress and confusion that follow an accident. Understanding the claims process is crucial for ensuring you receive the compensation you deserve. Whether you’re managing medical expenses, vehicle repairs, or lost wages, having expert guidance can significantly...Read More

In Quillen v. Car City, Inc., the California Court of Appeals recently reversed the trial court’s decision by saying that there was no evidence presented at trial proving that the dealer’s alleged oral representation was actually false. The alleged representation by the dealer representative was that the car was safe. The Court of Appeals found...Read More

Get ready for a ride through the 2023 Best Cars for Families awards, presented by the U.S. News & World Report! After putting 92 vehicles to the test across nine categories, the winners have emerged. Kia cruised to the top spot with a trio of awards, leaving Toyota and Hyundai in the dust with two...Read More

Details on Recall of Two Gas Models in North America Around 102,000 Toyota and Lexus vehicles in the United States are part of this recall. Potential Issues Due to Machining Debris There is a concern that certain vehicles may have residual machining debris in the engine, which was not properly cleared during production. This issue...Read More

Even when car dealerships sell cars “As-Is,” they could still potentially face legal liabilities if the customer’s vehicle ends up having problems that need repairs after the sale. The dealership may be trying to be helpful, but intervening with the customer’s car after the sale might actually result in a lawsuit against the dealership. To...Read More

California car dealerships’ awareness of the fees they can legally charge their customers is important in order to stay compliant with applicable state and federal regulations. Depending on the type of car dealership, certain fees may be permissible or prohibited. In addition, car dealerships should make sure that all charges are clearly itemized and described...Read More