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LEGAL UPDATE: Sean Petersen, NIADA senior vice president of legal and governmental affairs, talks about recent legal issues affecting independent dealers.  One change in Nevada regulates the use of starter-interrupt and GPS devices.

Latest News

Dealer Faces Felony Charges for Missing Taxes

Monday, 02 October 2017 00:12

A San Antonio car dealer was indicted by the Texas Comptroller for allegedly failing to remit between $20,000 and $100,000 in motor vehicle taxes and between $2,500 and $30,000 in title and registration fees collected on 105 vehicles between October 2015 and July 2016.
Carlos Brun, the owner of National Auto Credit, is charged in two separate indictments with failure to remit motor vehicle tax collected, a third-degree felony punishable by two to 10 years in prison and up to a $10,000 fine, and misapplication of fiduciary property, a felony punishable by confinement in a state jail for six months up to two years.
The case is pending prosecution

Man Admits to Auto Finance Fraud

Friday, 15 September 2017 12:40

A Kansas man was sentenced to 28 months in federal prison for using stolen identities to obtain car financing.
The sentence is in addition to 20 months he has already served.
Reu Charles Chamberlain, of Wichita, Kan., pleaded guilty to two counts of wire fraud.
In his plea, he admitted he used a stolen identity at Eddy’s Chrysler Jeep Dodge in Wichita to qualify for a $48,902 loan to buy a 2016 Dodge Challenger. At Midway Motors in Wichita, he used a stolen identity to qualify for a $44,746 loan to buy a 2015 Dodge Challenger.

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Equifax Announces Breach

Monday, 11 September 2017 01:30

Equifax Inc. announced a cybersecurity incident potentially impacting approximately 143 million U.S. consumers.
Criminals exploited a U.S. website application vulnerability to gain access to certain files. Based on the company's investigation, the unauthorized access occurred from mid-May through July. 
Equifax has found no evidence of unauthorized activity on Equifax's core consumer or commercial credit reporting databases.
The information accessed primarily includes names, Social Security numbers, birth dates, addresses and, in some instances, driver's license numbers.  In addition, credit card numbers for approximately 209,000 U.S. consumers, and certain dispute documents with personal identifying information for approximately 182,000 U.S. consumers, were accessed. 

Equifax discovered the unauthorized access on July 29 and acted to stop the intrusion.
The company engaged an independent cybersecurity firm that has been conducting a forensic review to determine the scope of the intrusion, including the specific data impacted. Equifax also reported the criminal access to law enforcement and continues to work with authorities. 
While the company's investigation is substantially complete, it remains ongoing and is expected to be finished in the coming weeks.

VW Warns Auctions of Stolen Cars

Wednesday, 06 September 2017 01:20

Volkswagen has reason to believe that several vehicles have been stolen with the intent of being resold at auction.
Volkswagen has alerted the authorities, who are investigating.
If an auction currently possesses or comes into possession of any of the vehicles,
Volkswagen strongly urges that they put a permanent hold on these vehicles to prevent their sale and contact the company immediately.
Auctions should contact Christine Mennel of VW Credit Inc. either by phone at (248) 754-9982 or via email at This email address is being protected from spambots. You need JavaScript enabled to view it..
The VINs for the vehicles in question are available from the National Auto Auction Association.

Men Face Charges of Defrauding Auto Creditors

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Indian Recalls Motorcycles for European Headlights

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Indian Motorcycles Co. is recalling 2,096 2017-18 Chief, Chief Classic, Chief Dark Horse, Chief Vintage, Chieftain, Chieftain Classic, Chieftain Dark Horse, Chieftain Elite, Chieftain Limited, Springfield, and Springfield Dark Horse...

Auto Stocks Outperform Market

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