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AUSTIN – IAS, a leading provider of F&I solutions to automobile dealerships, today announced the addition of Sean Dawson as a Regional Sales Manager. In his role, Sean will work with the company’s nationwide network of General Agents to apply his strategic business knowledge and dealership experience to help them grow their business. Prior to joining ... Read More »
Read More →Fort Worth, Tex.– Sigma Payment Solutions, the first and only auto loan payment processing provider to also offer a full menu of advanced payment channels nationwide, has announced an alliance with KISS Concepts Group to market their solutions to auto dealers in the buy-here-pay-here industry, as well as finance companies, credit unions and banks throughout ... Read More »
Read More →NAPLES, Fla. – The publishers of Auto Dealer Monthly magazine announced the winners of the 11th annual Dealers’ Choice Awards. SMART Payment Plan is proud to win the 2015 Platinum Dealer’s Choice Award. “This marks our third consecutive year of being recognized as a leader in automotive payments services. We are proud to have earned our dealers’ ... Read More »
Read More →LAS VEGAS — The organizers of the annual P&A Leadership Summit have announced that The Warranty Group’s Aaron Lunt has agreed to brief attendees on the actions undertaken by the Consumer Financial Protection Bureau (CFPB) at the 2015 event, which is scheduled for Sept. 9–10 at Paris Las Vegas. “We wanted to invite Aaron as ... Read More »
Read More →DETROIT — Mary T. Barra, the chief executive of General Motors, on Tuesday firmly rejected the idea that the company could benefit from a combination with a rival automaker like Fiat Chrysler Automobiles, which tried in March to start merger talks with G.M., reports The New York Times. In remarks made before G.M.’s annual shareholders meeting ... Read More »
Read More →JONESBORO, Ark. — An Arkansas auto dealer and its owners have agreed to pay a $90,000 civil penalty to settle Federal Trade Commission charges that they failed to display a “Buyers Guide” on used vehicles offered for sale, as required by the FTC’s Used Car Rule, reports F&I and Showroom. In March 2014, the FTC ... Read More »
Read More →Daimler AG made 40,061 vans from 2005 to 2008 with airbags that must be replaced, the National Highway Traffic Safety Administration said, reported by Bloomberg Business. The affected vehicles, the 2007-2008 Freightliner Sprinter 2500 and 3500 and the 2007-2008 Dodge Sprinter 2500 and 3500, were manufactured from July 1, 2005, to July 31, 2008, and ... Read More »
Read More →WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB)’s proposal to extend its supervision to any nonbank auto finance company that makes, acquires or refinances 10,000 or more loan or leases in a year has cleared its last hurdle, with the bureau publishing this week its finalized rule and the examination procedures it will follow ... Read More »
Read More →ATLANTA & LAKE SUCCESS, N.Y.- Cox Automotive, Inc., a leading provider of digital marketing, wholesale and e-commerce solutions across the automotive industry, and Dealertrack Technologies, Inc., a leader in software solutions and services for automotive retailers, today announced that they have entered into a definitive merger agreement, reports BusinessWire. Cox Automotive will acquire Dealertrack in ... Read More »
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