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Newsby AE eMagazineJuly 26, 2017

IAS Seeks Entries for ‘Ask Frenchy’ Contest at Industry Summit

DALLAS — Organizers of the annual Industry Summit announced that IAS has agreed to host a competition featuring the company’s president of sales and veteran F&I trainer, Eric “Frenchy” Mélon. Dealers and F&I professionals are welcome to “Ask Frenchy” the most challenging questions or objections car buyers have posed to them. The winners will be ... Read More »

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Newsby AE eMagazineJuly 25, 2017

SouthwestRe Announces Extensive Updates to Its TruckGuard Class 3-8 Truck Program

ALBUQUERQUE, NM – SouthwestRe announced today that it has made many new and significant updates to its TruckGuard Class 3-7 and Class 8 vehicle service contract program. In addition, the Company unveiled a new TruckGuard Dealer-Certified Limited Warranty program for Class 3-7 and Class 8 trucks. This is the first time SouthwestRe has offered a ... Read More »

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Newsby AE eMagazineJuly 24, 2017

Alpha Warranty Recognized for Innovative and Effective Workplace Practices

RIVERTON, Utah – Alpha Warranty Services has been honored with a 2017 When Work Works Award for exemplary workplace practices. The prestigious When Work Works Award is part of the Society for Human Resource Management’s (SHRM’s) When Work Works project, a national initiative that helps employers become more successful by transforming the way they view ... Read More »

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Newsby AE eMagazineJuly 20, 2017

Credit Tightening at Wells Fargo to Continue Into 2018

SAN FRANCISCO — In 2009, the year before Wachovia Dealer Services officially became Wells Fargo Dealer Services, the finance source was listed as the No. 1 subprime auto lender by market share. It also held the largest share in the used-vehicle financing segment. Times have changed. During the bank’s second-quarter earnings call on July 14, ... Read More »

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Newsby AE eMagazineJuly 20, 2017

DealerEFX Launches Email Quality Assurance Solution

PORTLAND, Ore. — DealerEFX introduced a “mobile-ready” email template quality assurance service designed to leverage any CRM while avoiding costly new software and training. Enterprise Template Manager (ETM), will provide salespeople a level of email response quality previously too difficult to achieve and maintain within existing CRM template editors, according to the company. The new ... Read More »

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Newsby AE eMagazineJuly 19, 2017

Automotive Assurance Group is Now a Member of the Amtrust Financial Services Group of Companies

PONTE VEDRA, Fla.– Automotive Assurance Group, a Florida based full service F&I Agency, is now part of the AmTrust Financial Services, Inc. (“AmTrust”) group of companies. “We are pleased to welcome Automotive Assurance Group to the AmTrust Financial family of companies and add to the strength of our warranty business,” said Stuart Hollander, President of Specialty Risk, ... Read More »

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Newsby AE eMagazineJuly 19, 2017

Three States Pass GAP Laws

AUGUSTA, Maine — With Governor Paul LePage’s signing of S.P. 531 into law on June 12 — legislation that clarifies what GAP is and does, and defines how it is sold — the Guaranteed Asset Protection Alliance is now two states away from reaching its 2017 goal. Set to take effect on Jan. 1, 2018, ... Read More »

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Newsby AE eMagazineJuly 18, 2017

Alpha Warranty Services’ COO Jeremy Lindsey Honored with Utah Business CXO of the Year Award

SALT LAKE CITY – On Thursday, June 21st Jeremy Lindsey, COO of Alpha Warranty Services was honored with the Utah Business CXO of the Year Award at a ceremony at The Grand America Hotel in Salt Lake City, UT. Lindsey was also featured in the June issue of Utah Business Magazine for this achievement. “I ... Read More »

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Newsby AE eMagazineJuly 18, 2017

Innovative Lending Releases Loan Management Tool for F&I Offices

CHICAGO — Innovative Lending Solutions LLC announced the release of Stip Trac, an automotive loan management system designed to help dealers track cash flow, collecting necessary loan documents, or stips, and keeping an open communication line with car buyers before and after their purchase. Stip Trac features a dashboard that allows users to track cash owed ... Read More »

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