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Newsby AE eMagazineJanuary 18, 2017

EFG Companies Launches 1,000,000 Mile Limited Powertrain Protection

DALLAS, TX – EFG Companies, the innovator behind the award-winning Hyundai Assurance program, announced today the launch of a 1,000,000 Mile Limited Powertrain Protection program for motorcycles. This program is designed to foster increased customer loyalty, referrals, and unit sales by addressing pressing motorcycle consumer needs. While the powersports industry is currently experiencing a period of ... Read More »

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Newsby AE eMagazineJanuary 18, 2017

F&I Express Announces Initiative to Electronically Integrate Major Auto Lenders with F&I Providers to Streamline the Aftermarket Product Cancellation Process.

F&I Express is pleased to announce details of an initiative currently underway on behalf of major auto lenders in the US to improve the aftermarket product cancellation process. Using our F&I Express platform called Express Recoveries, lenders are able to obtain cancellation refund amounts and electronically file product cancellation requests as a result of repossession ... Read More »

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Newsby AE eMagazineJanuary 17, 2017

Portfolio Named Endorsed Provider by Wyoming Auto Dealers

LAKE FOREST, Calif. – Portfolio one of the nation’s leading reinsurance program managers for automotive dealers, has entered into an agreement with the Wyoming Automobile Dealers Association (WADA) to bring reinsurance profit participation and retrospective commission programs to the association and its dealers who sell Portfolio F&I products. Former WADA President, Chuck Ruwart, who provided leadership ... Read More »

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Newsby AE eMagazineJanuary 11, 2017

Dent Wizard Hires Vice President of Customer Development

ST. LOUIS —  Paintless dent removal provider Dent Wizard International announced the hiring of Ryan Briggs to the newly created position of vice president of customer development. He will report Mike Black, the company’s senior vice president and COO. Briggs will primarily focus on the Top 150 dealer groups, expanding the company’s relationships with those groups, ... Read More »

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Newsby AE eMagazineJanuary 9, 2017

NIADA Member Services Creates New Partnership Program

ARLINGTON, Texas — The National Indepedent Dealers Association’s member services division has created a new partnership program designed to offer members a wider array of companies whose products and services they can trust, according to an association announcement. “This new affinity partnership initiative focuses on firms that serve certain segments of the insurance/financial services markets as ... Read More »

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Newsby AE eMagazineJanuary 9, 2017

RouteOne Canada Adds CIBC Auto Financing to Finance Portal

MARKHAM, Ontario — CIBC has joined RouteOne Canada’s auto financing portal, the companies announced this week. Participating dealers who have a relationship with CIBC can now process credit applications and finance contracts through RouteOne. “Our goal is to deliver dealers a product that provides options that best suit their individual business needs,” said Barry McMillan, ... Read More »

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Newsby AE eMagazineJanuary 9, 2017

Autotrader: 48% of Car Buyers Choose In-Vehicle Tech Over Brand, Body Style

ATLANTA — Nearly half of consumers (48%) prioritize in-vehicle technology over brand and body style, according to the 2017 Autotrader Car Tech Impact Study. Released on Sunday at the 2017 North American International Auto Show, the report showed a growing number of consumers believe certain safety technologies, including blind-spot detection and forward collision warning, should ... Read More »

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