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Newsby AE eMagazineJuly 13, 2015

Ally to Offer APR, FICO Score and Secure Email for Auto Consumers

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 »

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Newsby AE eMagazineJuly 13, 2015

GWC Warranty Introduces iPad App for Dealers

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 »

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Newsby AE eMagazineJuly 13, 2015

Cox to Resubmit Federal Filing for Proposed Dealertrack Acquisition

ATLANTA — Cox Automotive Inc. has voluntarily withdrawn its filing under the Hart-Scott-Rodino Antitrust Improvements Act in order to give the U.S. Department of Justice additional time to review its proposed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 »

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Newsby AE eMagazineJuly 13, 2015

Dent Wizard Launches Service Plan Covering Pre-Existing Dents

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 »

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Newsby AE eMagazineJuly 12, 2015

VW Interim Chairman to Stay On, Hunt for Piech Successor Continues: Bild

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 »

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Newsby AE eMagazineJuly 12, 2015

Detroit Three, UAW Will Square Off Over Wages, U.S. Jobs

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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Newsby AE eMagazineJuly 12, 2015

Ferrari IPO Filing to Come in Days, Fiat Chrysler CEO Says

Ferrari SpA, the supercar maker being spun off by Fiat Chrysler Automobiles NV, is close to filing for an initial public offering, Fiat Chrysler Chief Executive Officer Sergio Marchionne said, reports Bloomberg. “We are days away from filing the prospectus,” he told reporters Friday after a panel discussion at the Toronto Global Forum. Debt-laden Fiat ... Read More »

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Newsby AE eMagazineJuly 10, 2015

United Development Systems, Inc. (UDS) Announces Fernando Romani as Regional Manager

United Development Systems, Inc. (UDS), a Clearwater, Florida based F&I Performance firm, has announced the addition of Fernando Romani as Regional Manager. Romani will assume responsibilities for UDS Dealer Partners in the South Florida market, with a keen focus on F&I department development with current partners and market share growth through new partner acquisitions. Prior ... Read More »

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Newsby AE eMagazineJuly 9, 2015

Reed, Burgiss to Bring ‘Power of Digital F&I’ to PALS

LAS VEGAS – Organizers of the annual P&A Leadership Summit have announced that Brian Reed, president and CEO of F&I Express, and Mike Burgiss, founder and vice president of MakeMyDeal, a Cox Automotive company, have agreed to speak at the 2015 event, which will be held Sept. 8–10 at Paris Las Vegas. Their session, “The ... Read More »

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Newsby AE eMagazineJuly 7, 2015

F&I Express Wins Dealers’ Choice Award for F&I Technology

DALLAS – F&I Express today announced it has won a prestigious “Dealers’ Choice Award” from the publishers of Auto Dealer Monthly Magazine and its sister publications F&I Magazine and Showroom Magazine. F&I Express won a Gold Award in the F&I Technology category. This is the 11th year for the Dealers’ Choice Awards, and it is the ... Read More »

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