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South Korea’s Hyundai Motor aims to boost its U.S. sales by 4.7 percent this year, ahead of the industry’s projected growth rate, despite a consumer shift to SUVs and pick-up trucks, reported Reuters. Sales of Hyundai’s mainstay sedans, the Elantra and Sonata, have slowed in the United States as consumers take advantage of lower fuel ... Read More »
Read More →ORWIGSBURG, Pa. — Preferred Warranties Inc. (PWI), a business unit of KAR Action Services, announced that Kathy Calderini has been selected as its new vice president of marketing and sales. Calderini brings more than 20 years of customer service, sales, training, sales management and marketing experience to PWI. She will lead PWI’s business development and ... Read More »
Read More →LAWRENCEVILLE, Ga. — Black Book announced this month the appointment of Laird Popkin to chief technology officer and senior vice president, effective immediately. In this newly created role, Popkin has responsibility for all product development and IT operations for the entire group, which includes National Auto Research, Veretech Holdings, Inc., and Canadian Black Book. He ... Read More »
Read More →DETROIT — U.S. safety regulators are investigating complaints that two Nissan recalls didn’t go far enough to fix a problem with front-seat air bag seat sensors, reported The Associated Press. The probe covers nearly 990,000 vehicles in the U.S. that were recalled in 2013 and last year because computer software may not detect an adult ... Read More »
Read More →NEW YORK – Spencer Capital Holdings, Ltd. (“Spencer Capital”), a value-oriented global holdings company, has acquired SouthWest Dealer Services (“SWDS”), a leading independent full-service provider of finance and insurance (“F&I”) products and services to auto dealers in the United States. SWDS has more than 250 employees that currently serve over 550 active dealers across 14 ... Read More »
Read More →SCOTTSDALE, Ariz. – GM announced on Wednesday, March 11, 2015 that they would reduce their coverage for their free maintenance program on Chevrolet, Buick, and GMC vehicles for 2016 model year cars. This comes in addition to extended powertrain warranty reductions for Chevrolet and GMC. Ryan Williams, President of DRIV technologies and Fidelis PPM, a ... Read More »
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