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Newsby AE eMagazineFebruary 23, 2015

Autobytel Invests in GoMoto’s Car-Shopping HUBs

IRVINE, Calif. — Automotive Internet company Autobytel announced last week it has made a strategic investment in GoMoto, a technology company that has developed car-shopping HUBs designed to connect consumers with dealers. GoMoto will utilize Autobytel’s investment to expand its development team and commercial efforts nationwide. For consumers, the large touchscreen HUBs bridge the gap ... Read More »

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Newsby AE eMagazineFebruary 23, 2015

GM Returns to Bankruptcy Court Seeking Legal Protection

The same judge who oversaw General Motors’ 2009 bankruptcy will hear arguments Tuesday over how much of a shield the company still has against lawsuits involving vehicles and crashes from before the automaker exited bankruptcy in July 2009, most notably those vehicles with defective ignition switches, reported Detroit Free Press. U.S. Bankruptcy Judge Robert Gerber ... Read More »

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Newsby AE eMagazineFebruary 23, 2015

Auto Dealer Associations Back Call for the CFPB to Correct Bias Found in Auto Lending Enforcement

WASHINGTON – The National Automobile Dealers Association (NADA), the American International Automobile Dealers Association (AIADA), and the National Association of Minority Automobile Dealers (NAMAD) today applauded the efforts of five financial services organizations to fix the serious flaws in the Consumer Financial Protection Bureau’s approach to regulating auto financing. The groups, which include the American ... Read More »

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Newsby AE eMagazineFebruary 18, 2015

Amid Rapid Growth, RoadVantage Announces Successful Completion of SSAE 16 (SOC 1) Audit

AUSTIN, Texas – RoadVantage, a rapidly growing provider of progressive F&I programs for the automotive industry, today announced the successful completion of its first SSAE 16 (SOC 1) audit. Offering a full suite of stand-alone and bundled ancillary products fully backed by an A.M. Best “A” rated insurance company, RoadVantage sought the audit to reinforce ... Read More »

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Newsby AE eMagazineFebruary 18, 2015

Ryan Cole Receives $1,000 AFIP Scholarship

SOUTHLAKE, Texas – The Association of Finance & Insurance Professionals (AFIP) announced that Ryan Cole, a senior in the Automotive Marketing and Management program at Northwood University in Midland, Michigan, was named the Jakob Murray Lange Memorial Scholarship winner for 2015. Cole was selected for the award based on his exemplary achievement as an intern ... Read More »

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Newsby AE eMagazineFebruary 17, 2015

Maximus Auto Group Joins the F&I Express eContracting Platform

SOUTHLAKE, Texas – Intersection Technologies Inc. – F&I Express® is pleased to welcome Maximus Auto Group to its ever-expanding, network of aftermarket F&I providers. F&I Express provides its dealers access to all of their providers to eRate, eContract, eSign, and eRegister all of their aftermarket F&I products efficiently and easily from one place. Maximus Auto ... Read More »

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Newsby AE eMagazineFebruary 17, 2015

CNA National Distributes Over $38 Million for Dealer Participation Plans for 2014

SCOTTSDALE, Ariz. — CNA National Warranty Corporation (CNAN) recently announced that over $38 million was returned to automobile dealers across the U.S. through its various participation plans for 2014, bringing its inception-to-date total to more than $329 million. “2014 was a stellar year for our participation programs,” says Joe Becker, president and chief executive officer. ... Read More »

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