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Luxe N.C. Dealerships Change Hands
A collection of Italian and English brand franchises were handed off to the owner’s friend in the business and include the Carolinas’ only Ferrari retail stores.
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SEARCHMENUSEARCHA collection of Italian and English brand franchises were handed off to the owner’s friend in the business and include the Carolinas’ only Ferrari retail stores.
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AUSTIN, Texas – RoadVantage, a rapidly growing provider of progressive F&I programs for the automotive industry, today announced the successful completion of its first SSAE 16 (SOC 1) audit. Offering a full suite of stand-alone and bundled ancillary products fully backed by an A.M. Best “A” rated insurance company, RoadVantage sought the audit to reinforce ... Read More »
Read More →SOUTHLAKE, Texas – The Association of Finance & Insurance Professionals (AFIP) announced that Ryan Cole, a senior in the Automotive Marketing and Management program at Northwood University in Midland, Michigan, was named the Jakob Murray Lange Memorial Scholarship winner for 2015. Cole was selected for the award based on his exemplary achievement as an intern ... Read More »
Read More →SOUTHLAKE, Texas – Intersection Technologies Inc. – F&I Express® is pleased to welcome Maximus Auto Group to its ever-expanding, network of aftermarket F&I providers. F&I Express provides its dealers access to all of their providers to eRate, eContract, eSign, and eRegister all of their aftermarket F&I products efficiently and easily from one place. Maximus Auto ... Read More »
Read More →SCOTTSDALE, Ariz. — CNA National Warranty Corporation (CNAN) recently announced that over $38 million was returned to automobile dealers across the U.S. through its various participation plans for 2014, bringing its inception-to-date total to more than $329 million. “2014 was a stellar year for our participation programs,” says Joe Becker, president and chief executive officer. ... Read More »
Read More →IRVINE, Calif. – Portfolio, one of the nation’s leading reinsurance program manager for automotive dealers, is celebrating its 25th year of delivering comprehensive reinsurance products and services to its dealer clients through a network of professional independent agents. The celebration started with a black-tie party for dealers during NADA 2015 at San Francisco’s Julia Morgan ... Read More »
Read More →Audi outsold Mercedes-Benz in January as demand in China and the United States helped Volkswagen’s flagship division post record sales and analysts said the lead over its German rival may widen, reported Reuters. Audi said on Monday sales rose 10 percent last month to 137,700 cars and sport-utility vehicles with the world’s two largest car ... Read More »
Read More →General Motors Co said it has extended the tenure of its top lawyer, whose department was criticized over how it handled the issue of the automaker’s defective ignition switch linked to more than 50 deaths, and the search for a replacement is ongoing, reported Reuters. Michael Millikin, 66, will now retire in July and be ... Read More »
Read More →BlackRock Inc. on Monday reported a 5.4% stake in Ford Motor Co., less than two weeks after the No. 2 U.S. auto maker reported a sharp drop in fourth-quarter profit, reported The WSJ. BlackRock, the world’s largest asset manager, said a year ago that it had a stake of 5.2%, which represents the total amount ... Read More »
Read More →As owners of more than 2 million BMW vehicles recently learned, hackers are now targeting automobiles, and the problem is likely to get worse, warns a new report, reported The Detroit Bureau. The study, overseen by Sen. Edward Markey, a Massachusetts Democrat, comes at a significant time, with automakers loading their vehicles with an assortment ... Read More »
Read More →The average price of gasoline in the U.S. increased during the past week, rising by more than 10 cents per gallon, according to a new survey by AAA, reported The Detroit Bureau. Gas prices had declined for a record 123 consecutive days to $2.03 per gallon before increasing last week for the first time since ... Read More »
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