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IRVINE, Calif. — Income development company SouthWest Dealer Services (SWDS) has acquired Spokane, Wash.-based Evergreen Dealer & Insurance Services (Evergreen). Financial terms of the transaction were not disclosed. A subsidiary of global holdings company Spencer Capital Holdings Ltd. (SCH), SWDS’s acquisition of Evergreen allows the firm to expand in existing markets and enter into new ... Read More »
Read More →SALT LAKE CITY – Alpha Warranty Services was honored yesterday at an awards ceremony for the Utah Business Fast 50 as the 11th fastest growing business in the state. The Utah Fast 50 is an annual event that celebrates the fastest-growing companies in the state for their entrepreneurial spirit, innovative business strategy and revenue growth. This ... Read More »
Read More →DONATE TODAY APPLY FOR ASSISTANCE Thousands of dealership employees and their families have suffered devastating losses from the flooding caused by Hurricane Harvey in Texas. As was the case during the severe Louisiana flooding in August 2016, the need for financial assistance is great and will last for many weeks. The NADA Foundation’s Emergency Relief Fund provides ... Read More »
Read More →SCOTTSDALE, Ariz.—CNA National recently exceeded $3 billion paid for claims across all product lines. The majority of this amount was paid to the company’s participating dealers on behalf of customers who returned to the dealerships where they purchased their service contracts for covered repairs. “Passing this $3 billion mark is a testament to our fast, ... Read More »
Read More →LAFAYETTE, Colo. — KPA Services LLC, a provider of environmental health and safety, HR management and F&I technology-enabled services and software as a service (SaaS) solutions, today announced the acquisition of Automotive Compliance Consultants Inc. ACC provides a dealership compliance program combining software and in-person consulting, with an emphasis on F&I, privacy, fair lending and ... Read More »
Read More →SAN FRANCISCO — Roadster is on the move. The startup has secured additional funding and added the largest Toyota dealership in the world to its digital retailing platform. The ecommerce solution provider today announced that Penske Motor Group’s flagship dealership, Longo Toyota, is now plugged into its Express Storefront ecommerce platform. The El Monte, Calif-based ... Read More »
Read More →CINCINNATI — Swapalease.com released its quarterly lease trends report for the second quarter of 2017. The report shows that only three brands increased in search traffic from the first quarter. Infiniti, Ram and Chrysler saw a rise in search traffic by 10%, 5% and 3%, respectively. Among domestic brands, GMC saw the largest decrease in ... Read More »
Read More →DALLAS — Startup Fastlane this week launched a new ecommerce platform for automotive dealerships. It offers dealers the ability to customize and brand their online car-buying experience, while providing customers with a start-to-finish purchasing process. Dealers use Fastlane to showcase their inventory, help their customers pick out the car they want, and choose other purchase components such as ... Read More »
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