AUTO 430 - Finance and Insurance Regulations for the Automotive Industry

Prerequisite: Enrollment requires an AS degree in Automotive Technology or similar field, and special approval from the Program Advisor.
Advisory:PHY 120, ENGL 201 or ENGL 201H, MATH 130 or MATH 130H

This course provides automotive technology students with a detailed, practical application of the numerous federal, state, and local agencies and their laws and regulations pertaining to the operation of an automotive wholesale and retail business. This course is a practical study of a broad scope of regulatory agencies and regulations such as the Department of Motor Vehicles (DMV), Internal Revenue Service (IRS), Franchise Tax Board (FTB), Occupational Safety and Health Administration (OSHA), Environmental Protection Agency (EPA), air quality managements districts (AQMDs), National Highway Transportation Safety Administration (NHTSA), Federal Trade Commission (FTC), fair labor standards, truth in advertising, truth in lending, the Consumer Leasing Act, Equal Credit Opportunity Act, Fair Credit Reporting Act, and other related agencies and regulations. Topics include an in-depth study of automotive business finance, insurance, and new and certified used vehicle departments within an organization. Emphasis is placed on the services offered in these departments and their potential for generating profits and improving customer satisfaction. Current automotive industry practices and relevant case studies are discussed and demonstrated throughout the course. The overall goal of this course is to have students apply and demonstrate knowledge and skills that will enable them to advance their employment in the vehicle sales and service fixed operations management spectrum.