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DALLAS – F&I Express today announced it has launched CompliPrice, a cloud-based tool to help automotive retailers ensure its profits on aftermarket insurance products are compliant with dealer compliance policies, lenders and potential guidelines from the Consumer Financial Protection Board (CFPB). While it is well documented that the CFPB is closely scrutinizing dealer and lender ... Read More »
Read More →LAS VEGAS – Organizers of the 2015 P&A Leadership Summit have announced the addition of Kristen Gruber, president of Dealers Assurance Company (DAC), who will lead a panel discussion at the event, which will be held Sept. 9–10 at Paris Las Vegas. “Kristen Gruber recognizes the proliferation and aggregation of data in the providers and ... Read More »
Read More →TORRANCE, Calif. — F&I and Showroom magazine has announced the deadline to nominate dealers for its 2015 F&I and Dealer of the Year award. Nominations must be received by July 31, 2015, and the winner will be announced at this year’s Industry Summit, scheduled for Sept. 8-10 at the Paris Las Vegas Dealership employees, general ... Read More »
Read More →TORRANCE, Calif. — Industry Summit 2015, scheduled for Sept. 8-10 at the Paris Las Vegas, will feature special lightning-round sessions that will allow attendees to discover or rediscover key features equipping today’s leading F&I tools and solutions. The new addition is part of Industry Summit’s 2015 theme: “Train. Discover. Network.” The lighting-round sessions, which will ... Read More »
Read More →MIAMI — Ally announced yesterday at the National Association of Minority Automotive Dealers (NAMAD) annual convention that, starting July 19, it will add customers’ annual percentage rate (APR) to their online account profiles. The finance source will provide customers with their FICO Score and has launched a secure email feature on its site to help ... Read More »
Read More →WILKES-BARRE, Pa. — GWC Warranty, a provider of vehicle service contracts and related finance and insurance products, recently unveiled the new GWC Warranty Dealer App for iPads, reports F&I and Showroom. The app is now available in the Apple App Store. The GWC App features an educational video library, interactive coverage selection tool, real-time, reactive ... Read More »
Read More →ATLANTA — Cox Automotive Inc. has voluntarily withdrawn its filing under the Hart-Scott-Rodino Antitrust Improvements Act in order to give the U.S. Department of Justice additional time to review its proposed acquisition of Dealertrack Technologies, reports F&I and Showroom. The act requires that parties to certain mergers or acquisitions notify the Federal Trade Commission and ... Read More »
Read More →ST. LOUIS — Dent Wizard International has introduced Ding Shield Drive, an appearance service plan sold through dealership service drives and body shops that is designed to protect customers’ investments and enhance customer loyalty. The Ding Shield Drive service plan covers pre-existing dents, reports F&I and Showroom Magazine. Ding Shield Drive’s coverage includes repairs for ... Read More »
Read More →Volkswagen is still looking for a successor to former chairman Ferdinand Piech, meaning the interim holder of the position, Berthold Huber, is likely to stay until at least the end of the year, reports Reuters. Following the departure of patriarch Ferdinand Piech in April, who resigned after losing a showdown with Chief Executive Martin Winterkorn, former union ... Read More »
Read More →The Big Three U.S. automakers and the United Auto Workers union will kick off bargaining Monday for new contracts that would set how much more robust, post-recession profits the industry shares with workers, and determine union costs to win more U.S. jobs, reports Reuters. UAW leaders said they will insist on raises for 139,000 blue-collar ... Read More »
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