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Newsby AE eMagazineJuly 27, 2015

Portfolio Announces New CFO and Treasurer

LAKE FOREST, Calif. – Portfolio, one of the nation’s leading reinsurance program managers for automotive dealers, has named Pam Hamilton Executive Vice-President & Treasurer and appointed Robert Dickey Executive Vice-President & Chief Financial Officer. Both positions report directly to the Chief Executive Officer. CEO Brent Griggs explains, “Because of our rapid and substantial growth, it has ... Read More »

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Newsby AE eMagazineJuly 20, 2015

RoadVantage Expands Sales Team, Adds Regional Offices

AUSTIN – RoadVantage, the fastest-growing provider of F&I programs for the automotive industry, today announced the addition of three industry veterans to its sales team, as well as new regional offices. Dave Bouchat comes to RoadVantage from DCH Auto Group. A 30-year industry veteran who was with AutoNation prior to DCH, Bouchat has joined RoadVantage as vice president of business ... Read More »

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Newsby AE eMagazineJuly 16, 2015

NADA Urges Dealers to Review FCC’s TCPA Ruling

WASHINGTON, D.C. — The National Automobile Dealers Association (NADA) is urging dealers to review their telephone and text marketing practices to ensure that they are in line with the Federal Communications Commission’s omnibus ruling and order regarding the Telephone Consumer Protection Act. Issued on Friday, the ruling will affect a number of areas related to ... Read More »

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Newsby AE eMagazineJuly 16, 2015

Depreciation Slows in June, NADA Used Car Guide Reports

MCCLEAN, Va. — Used-vehicle depreciation slowed modestly in June compared to May’s more rapid pace, according to the NADA Used Car Guide, with prices for vehicles up to eight years in age falling 2.5% on a monthly basis in June, or more than a half a percentage point less than the 3.2% drop recorded a ... Read More »

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Newsby AE eMagazineJuly 16, 2015

F&I Express Launching CompliPrice

DALLAS – F&I Express today announced it has launched CompliPrice, a cloud-based tool to help automotive retailers ensure its profits on aftermarket insurance products are compliant with dealer compliance policies, lenders and potential guidelines from the Consumer Financial Protection Board (CFPB). While it is well documented that the CFPB is closely scrutinizing dealer and lender ... Read More »

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Newsby AE eMagazineJuly 15, 2015

Gruber to Lead Big-Data Panel at PALS

LAS VEGAS – Organizers of the 2015 P&A Leadership Summit have announced the addition of Kristen Gruber, president of Dealers Assurance Company (DAC), who will lead a panel discussion at the event, which will be held Sept. 9–10 at Paris Las Vegas. “Kristen Gruber recognizes the proliferation and aggregation of data in the providers and ... Read More »

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