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Penske Auto Group Deal a Record
The deal to take the dealership and transportation services company private sets a new pace for industry buy-sell transactions.
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SEARCHMENUSEARCHThe deal to take the dealership and transportation services company private sets a new pace for industry buy-sell transactions.
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ATLANTA — Following its recent acquisition of Dealertrack Technologies, Cox Automotive has appointed Dealertrack’s former co-president, Raj Sundaram, as its chief client success officer. Sundaram will report directly to Cox Automotive President Sandy Schwartz. In this key position, Sundaram will be responsible for helping clients successfully increase efficiency and grow their business utilizing the combined companies’ comprehensive ... Read More »
Read More →WESTERVILLE, Ohio – It’s always a good day when a member of a company receives recognition within its industry. But when TWO people from the same company are honored by a leading industry publication, it is a significant reflection on the quality of that organization. National Auto Care Corp., a leading administrator of vehicle service ... Read More »
Read More →SCOTTSDALE, Ariz.—CNA National has announced that as of August 2015, it now has more than three million contracts in force across its product lines, including vehicle service contracts, GAP, tire-and-wheel protection, and warranties. “This is a wonderful accomplishment for everyone who is part of CNA National,” said Joe Becker, president and chief executive officer. “Passing ... Read More »
Read More →NAPA, Calif. – AUL Corp, the industry leader in used vehicle service contracts proudly announces that Jacqueline Swank, Marketing Manager has been named to the Agent Entrepreneur “40 Under 40″ list. The magazine, known for being the industry leader in the automotive agent space, publishes the list annually to recognize the best and brightest industry ... Read More »
Read More →ORLANDO, Fla.– US Equity Advantage® (USEA) announced today that it is now integrated with Dealertrack’s Menu and Aftermarket Network solutions. A leading provider of biweekly payment programs for the automotive industry with more than 100 combined years of F&I experience, USEA services more types of menu software systems than anyone in the industry, according to ... Read More »
Read More →FRANKFURT – BMW Group is preparing to rethink its products, design and business models for the advent of driverless cars, Mini boss Peter Schwarzenbauer said. The executive said the competitive advantage for premium carmakers will be rooted in their ability to offer a portfolio of transport options far beyond just selling a car, reports Automotive ... Read More »
Read More →TOKYO – Suzuki says it will buy back the 19.9 percent stake held by top shareholder Volkswagen Group after an international arbitration court last month ordered the German automaker to sell its holding, reports Automotive News. The Japanese automaker said it would repurchase on Thursday as many as 122.77 million shares at today’s closing price ... Read More »
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