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Newsby AE eMagazineJune 24, 2015

Hudson Cook, LLP Adds Rebecca E. Kuehn as Partner

HANOVER, Md. – Hudson Cook, LLP, a nationwide provider of legal compliance services for the financial services industry, announces the addition of Rebecca E. Kuehn as a partner in its Washington, D.C. office. With over 15 years of experience in consumer financial services and consumer protection matters, Becki counsels financial institutions, consumer reporting agencies, service providers, ... Read More »

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Newsby AE eMagazineJune 24, 2015

P&A Leadership Summit 2015: Register Now & Save!

Hello, and welcome to the 2015 P&A Leadership Summit! I’m Kate Spatafora. This year’s event will be held September 9th – 10th at Paris Las Vegas. This is the only event designed by and for leaders in the P&A industry. David Trinder of F&I Administration Solutions and the advisory board, which includes executives from the ... Read More »

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Newsby AE eMagazineJune 23, 2015

Penske Appoints New CFO

BLOOMFIELD HILLS, Mich. — Penske Automotive Group Inc. has announced that J.D. Carlson, the company’s senior vice president and corporate controller, has been named executive vice president and CFO, effective immediately, reports F&I and Showroom. Carlson replaces David K. Jones, who has resigned from his role as executive vice president and chief financial officer to ... Read More »

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Newsby AE eMagazineJune 23, 2015

BB&T Switching to Flat Fee Compensation Model

GREENSBORO, N.C. — BB&T Bank’s dealership finance arm, BB&T Dealer Finance, announced today that it will be switching to a flat fee compensation model that eliminates dealer markups on retail installment sales contracts, reports F&I and Showroom. Some of the bank’s dealer clients believe the move was motivated by the Consumer Financial Protection Bureau (CFPB)’s ... Read More »

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Newsby AE eMagazineJune 23, 2015

CFPB Sues Auto Lender for Aggressive Debt Collection Tactics

WASHINGTON D.C. — The Consumer Financial Protection Bureau (CFPB) has sued auto finance source Security National Automotive Acceptance Company (SNAAC) for aggressive debt collection tactics against military service members, reports F&I and Showroom. The CFPB charged the company with using illegal threats and deceptive claims in order to collect debts. It is seeking compensation for ... Read More »

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Newsby AE eMagazineJune 23, 2015

Service Group Tabs Dupaquier as Director of Training Center

AUSTIN— Service Group announced today that F&I trainer and automotive expert Tony Dupaquier will lead the company’s national training center, called The Academy. He will teach classes and develop the school’s curriculum and marketing outreach, reports F&I and Showroom. “We are very excited to add Tony D to our training team,” says Matt Woods, director ... Read More »

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Newsby AE eMagazineJune 23, 2015

Confident Financial Solutions Appoints VP of National Sales

BOULDER, Colo. — Confident Financial Solutions (CFS), a developer of financial solutions for automotive service centers and their customers, has announced that it has appointed Dan Beres as vice president of National Sales, reports F&I and Showroom. Beres joins an existing group of highly experienced professionals in the automotive industry and brings his expertise to ... Read More »

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Newsby AE eMagazineJune 19, 2015

NADA Chairman to Headline Industry Summit

LAS VEGAS — Organizers of the annual P&A Leadership Summit have announced that Bill Fox, 2015 chairman of the National Automobile Dealers Association (NADA), will deliver the evening keynote address at this year’s Industry Summit, which will be held Sept. 8–10, 2015, at Paris Las Vegas. Attendees who register for the P&A Leadership Summit are ... Read More »

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Newsby AE eMagazineJune 18, 2015

RoadVantage Unveils "Total Solution" to Drive Dealership Profits

AUSTIN – RoadVantage, the fastest-growing provider of F&I programs for the automotive industry, today announced a new initiative aimed at helping dealerships increase profits on retails sales and lease programs through a single customizable F&I product bundle. “The ‘Total Solution’ offers three bundle choices, tailored for either retail or lease customers – on a single ... Read More »

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