Trending...
- Georgia: Gov. Kemp: Ti Cold and Karis Cold Building $60 Million Facility in McIntosh County
- Pyro Marketing Opens New Digital Marketing Company to Power Growth for Fitness and Ecommerce Brands
- Adostics & Genmega Announce the Introduction of A-POD
~ Cox Automotive Inc. has recently released its 20th edition of the Dealertrack Compliance Guide for 2025, providing critical insights and actionable strategies to help automotive dealers prevent reputational and regulatory compliance risks. As the automotive industry faces major market shifts in the coming year, including fair financing, vehicle electrification, and omnichannel buying, it is crucial for dealers to prioritize compliance in order to protect consumers and themselves.
According to Robert Newman, Director of Performance Management and an auto retail compliance specialist at Cox Automotive, compliance is not just about checking a box but building a foundation of trust and transparency that supports long-term success. With increasing regulation and rising consumer expectations, dealers must balance the need for compliance with the demand for speed and simplicity in the car-buying experience.
The Dealertrack Compliance Guide offers essential tips to help dealers implement practical strategies that protect their business and their customers. It is a trusted resource for dealers to understand their legal compliance obligations as they face new challenges in 2025. These challenges include intensified data privacy obligations and stricter state and federal oversight.
More on Georgia Chron
Some key changes in the regulatory landscape that dealers should be aware of include the finalized Combating Auto Retail Scams Rule set to take effect on September 30th, 2025. Additionally, several states have enacted new data privacy and security laws while others are considering similar legislation. The Consumer Financial Protection Bureau's Small Dollar Rule will also take effect in 2025, implementing new underwriting and credit reporting guidelines for certain lending activities.
Newman emphasizes that a robust compliance program should include appropriate resource allocation, training, monitoring, assessments, updates, oversight, and disciplinary measures. He also advises dealers to review enforcement actions, reports, and updates issued by federal and state regulators that address unlawful practices.
Dealers can download the complimentary guide from Cox Automotive's website. Those interested in speaking with Cox Automotive about Dealertrack solutions at the upcoming National Automobile Dealers Association (NADA) Show can visit the Cox Village or request a meeting through the Cox Automotive NADA Hub. Dealertrack's comprehensive compliance solutions, including fraud detection and synthetic ID fraud alert, as well as long-term storage for audit readiness, enable dealers to secure deals and protect themselves and their customers.
According to Robert Newman, Director of Performance Management and an auto retail compliance specialist at Cox Automotive, compliance is not just about checking a box but building a foundation of trust and transparency that supports long-term success. With increasing regulation and rising consumer expectations, dealers must balance the need for compliance with the demand for speed and simplicity in the car-buying experience.
The Dealertrack Compliance Guide offers essential tips to help dealers implement practical strategies that protect their business and their customers. It is a trusted resource for dealers to understand their legal compliance obligations as they face new challenges in 2025. These challenges include intensified data privacy obligations and stricter state and federal oversight.
More on Georgia Chron
- Block Party ATL: Cowgirls & Horsepower Takes Over Underground Atlanta on July 27
- Gov. Kemp: Georgia's AAA Bond Rating Reaffirmed by Rating Agencies
- The Modern Insurance Store Expands Medicare Help Services for Seniors in Cincinnati
- Ironside HR Named Fastest-Growing Staffing Firm for Second Year
- Inframark Continues to Build Its Community Management Capabilities and Multi-Disciplinary Presence in Arizona
Some key changes in the regulatory landscape that dealers should be aware of include the finalized Combating Auto Retail Scams Rule set to take effect on September 30th, 2025. Additionally, several states have enacted new data privacy and security laws while others are considering similar legislation. The Consumer Financial Protection Bureau's Small Dollar Rule will also take effect in 2025, implementing new underwriting and credit reporting guidelines for certain lending activities.
Newman emphasizes that a robust compliance program should include appropriate resource allocation, training, monitoring, assessments, updates, oversight, and disciplinary measures. He also advises dealers to review enforcement actions, reports, and updates issued by federal and state regulators that address unlawful practices.
Dealers can download the complimentary guide from Cox Automotive's website. Those interested in speaking with Cox Automotive about Dealertrack solutions at the upcoming National Automobile Dealers Association (NADA) Show can visit the Cox Village or request a meeting through the Cox Automotive NADA Hub. Dealertrack's comprehensive compliance solutions, including fraud detection and synthetic ID fraud alert, as well as long-term storage for audit readiness, enable dealers to secure deals and protect themselves and their customers.
Filed Under: Business
0 Comments
Latest on Georgia Chron
- $100 to $200 Million Equity Agreement with Top Digital Advisor Bitwise to Power Major Digital Asset Initiative for Bitcoin and Solana: OFA Group
- New Collaboration Launches Corporate ESG Solution for Responsible Decommissioning and Transparent Reporting
- Atlanta's Premier Medical Spa, The K Spa in the Heart of Buckhead Now Accepts Bitcoin (BTC) for Aesthetic Treatments
- SlickCashLoan Launches Free Loan Calculator to Help You Plan Monthly Payments
- Black Tech Founder Launches AI Platform to Protect Kids and Empower Parents in Real Time
- Boost Your Home's Value with Premium Hardwood Flooring — Now Available Across North Atlanta
- TikTok Star ArcadeFriends Attempts 24-Hour Claw Machine Marathon at Lucky Puppy Arcade in Las Vegas
- Pyro Marketing Launches New Website to Accelerate Growth for Fitness Brands
- KCON LA 2025, 106.3 RAIN FM 'Take Over' Special Event
- Kelley Blue Book Report: New-Vehicle Costs Rise in June, Outpacing Transaction Prices as Sales Slow, Incentives Tick Up
- The Citizens Commission on Human Rights Annual Purple Heart Day Event will be Hosted at the Historic Fort Harrison
- Blake Harris the Leading Authority in International Asset Protection Joins Tom Hegna on "Financial Freedom with Tom Hegna"
- Wayne-Sanderson Farms Named the "Official Chicken of the Southeastern Conference (SEC)"
- Psychedelics for Vets? CCHR Cites History of Exploitation and Failed Science
- GreenPal Empowers Lawn Care Pros Leveraging AI, Surpasses 5 Million Transactions
- The Back Saver Movers Launches New Blog to Empower People Moving in Georgia
- Santa Monica Businesses Push Back on Bus Stop Relocation That Threatens Access and Safety
- BK International Earns Prestigious IACET Accreditation for Continuing Education Excellence
- From Vision to Legacy: The HBCU Executive Leadership Institute Celebrates 5 Years of Empowering the Next Generation of Legacy Leaders Nationwide
- The Blue Luna Encourages Local Schools to Take Steps to Enhance Safety for Students and Staff