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PAUL, Minn. — Minnesota Attorney General Lori Swanson’s lawsuit against EFG Companies regarding its direct-to-consumer sales of vehicle service contracts was dismissed on Dec. 24, 2014, 90 days after it was filed in the Fourth Judicial District Court. On Sept. 24, 2014, the attorney general charged the F&I product provider with violating three consumer-protection laws ... Read More »
Read More →DETROIT — Ally Financial has added new training courses to its Performance Development Center, further expanding the scope of its educational offerings for dealers. The new courses address important topics like selling skills, customer loyalty and retention, social media marketing, F&I management and compliance education. Course content leverages nearly 100 years of Ally’s auto industry ... Read More »
Read More →STRONGSVILLE, Ohio — National Automotive Experts / NWAN is excited to announce the completion of their new 34,000-square-foot office complex. The new building, owned by the company, replaces a 24,000-square-foot office the firm previously leased a block down the street. “The move was totally crazy,” Kelly Price, president of National Automotive Experts / NWAN, “When ... Read More »
Read More →ATLANTA, Ga. – EasyCare, the leading independent provider of automotive ownership benefits, has partnered with world renowned speaker and leadership/management trainer Dave Anderson and his Dave Anderson’s LearnToLead® program to deliver Dave’s impactful message to the EasyCare dealer network. Through the partnership, EasyCare’s national team of dealership training professionals will have complete access to all ... Read More »
Read More →Austin, Texas – RoadVantage, a leading provider of progressive F&I programs for the automotive industry, today announced True Coverage, a fresh approach to F&I that simplifies contract language and dramatically reduces the exclusions that typically cause claims headaches for dealerships and their customers.
Read More →Fiat Chrysler Automobiles Chief Executive Sergio Marchionne said his company is in talks with other automakers to share the costs of developing new vehicles and technology, particularly to cut greenhouse gas emissions, and called on the United States to ease fuel economy targets for 2025, reported Reuters. “I think (automakers’) costs … (are) well in ... Read More »
Read More →General Motors Co is open to working with Google Inc on developing self-driving car technology, the chief technology officer for the U.S. automaker said on Monday, reported Reuters. “I’m not in charge of deciding what we will and won’t do, but I’d say we’d certainly be open to having a discussion with them,” Jon Lauckner ... Read More »
Read More →BANDON, Ore. — CNW Research used an interesting analogy to describe its expectations for 2015 sales, a year in which it believes factors like fuel prices could tip sales either way. “It’s called ‘hard pan,’ and in some parts of the country, it is just below the surface. Dry, it feels like rock, but when ... Read More »
Read More →ATLANTA — Wholesale used-vehicle values increased in the fourth quarter by nearly 2% to finish the year slightly higher than last year, as consumer demand for used car and trucks remained strong, according to the Manheim Used Vehicle Value Index. Manheim Used Vehicle Value Index, a measure of wholesale prices adjusted for mix, mileage and ... Read More »
Read More →WOODCLIFF LAKE, N.J. — December’s total new-vehicle sales increased 10.8% vs. a year ago to 1.5 million units, according to Autodata Corp., capping off a year in which sales increased 5.9% from a year ago to 16.5 million units. December’s seasonally adjusted annual rate did fall from November’s 17.2 million-unit rate — the highest rate ... Read More »
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