TIADA UPDATE
TIADA News
Dealer Education
Better BHPH Financials: How to Get Organized for Growth

Presented by David Keller, CPA
CliftonLarsonAllen

Tuesday, June 20 - Houston

The craziness of a busy BHPH operation can make it tough to plan for future growth. But sometimes you need to take a few hours off from working IN your business so you can work ON your business. This 1/2 day seminar will demonstrate how better organizing your financial and operations structures can be the key to growing your portfolio.   

REGISTER NOW >
TxDMV: Top 3 Reasons for License Application Delays

This March the Texas Department of Motor Vehicles (TxDMV) launched eLICENSING, a new online self-service hub that replaces the old paper-based system for processing license applications and renewals. Since then, TxDMV has identified some common items that can cause delays in the approval of applications. In a blog post shared with TIADA, the agency lists the top three, most frequently occurring application issues along with some guidance on how you can avoid these delays.
Blog: Certificate of Title vs. CCO - Which Is Superior?

The Certificate of Title Act authorizes the Division of Vehicle Titles and Registration of the Texas Department of Motor Vehicles (VTR) to issue a certified copy (or duplicate title) when an application is submitted that declares that the original has been lost or destroyed.  This Certified Copy of Original Title is frequently referred to as a CCO. In our latest blog post, we examine the difference between the documents and which one is superior.   

NIADA Praises Passage of Bill to Make CFPB Accountable

The U.S. House of Representatives took a major step toward creating more opportunity and accountability in the nation's financial markets Thursday when it passed the Financial CHOICE Act of 2017 by a 233-186 vote. The bill, introduced by House Financial Services Committee chairman Jeb Hensarling (R-Texas), would overhaul the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 and make substantial reforms to the Consumer Financial Protection Bureau.

Time Is Running Out! Register for TIADA Conference Today and Save $100! 

The Early Bird deadline to register for the 2017 TIADA Annual Conference & Expo is only a week away! Members who register on or before June 23rd will save $100 per registrant. The conference will run July 23 - 25 in San Antonio. Don't forget to book your room! 

After you've registered, take a look at the complete education schedule and plan which of the over 30 hours of presentations and discussion panels you want to attend.  

And be sure to check in at the Facebook Event Page for all the latest buzz and most recent announcements. 

Industry News
3 Report Findings Show Ride Sharing Might Not Squelch Car Buying Altogether

The speculation that dealership showrooms and finance company underwriting offices would become desolate because consumers simply would abandon vehicle purchasing for alternative transportation options such as Uber and Lyft appears to be a little bit premature. 

READ MORE >
Value Is Not Extinct with 2DollarCars

All cars sold with a TWO DOLLAR reserve, no gimmicks, no games. Many sold on GREEN LIGHT. View all of our fresh wholesale inventory and get monster rebates. Need help? Email [email protected]  MORE > 
Falling Used-Vehicle Prices Fuel the Growth in Negative Equity

Falling used-vehicle prices are exacerbating the growing problem of negative equity on trade-ins, experts say. And it's not going to get better anytime soon. Negative-equity rates are on the rise, driven in part by what was until recently strong growth in subprime loans and lengthening loan terms, according to Black Book analyst Anil Goyal.

Hyundai Recalls Nearly 600K Vehicles for Two Problems

Hyundai has announced two recalls affecting nearly 600,000 cars in the United States for hood latch and parking brake problems. The bigger recall is 437,400 Santa Fe and Santa Fe Sport SUVs from 2013 to 2017.


Who Else Wants To Stop Wasting Time And Money On Useless Advertising And Maximize Profits With The Effective Strategies That Are Working Today? It can be overwhelming. Have your advertising analyzed and discover new opportunities. 

Go to www.DealerProfitPros.com/discovery
3 Connected Car Features Drivers Want Most

Thanks to a boom in autonomy and smart technology, self-driving vehicles steal the spotlight constantly. However, they aren't the only kind of car to see innovative advances. Believe it or not, conventional vehicles - the ones you actually have to drive - have also gotten a large number of new features. From rear-facing cameras to augmented reality dash systems to high-tech theater and entertainment gear, the list goes on and on. These days, if you have the cash, you can get just about anything installed in a vehicle.

READ MORE >
Mazda RX-8 Affected by Two Separate Recalls

The first recall affects certain model year 2004-2008 Mazda RX-8 vehicles. Due to heat from the engine and the exhaust, the main fuel pump pipe can crack, increasing the risk of a fire. A total of 69,447 vehicles are affected by the first recall and there have been no reports of accidents or injuries related to the issue.

READ MORE >