CNA National Distributes $27 Million for Dealer Participation Plans in 2011
SCOTTSDALE - CNA National Warranty Corporation announced that $27 million was returned to automobile dealers across the U.S. in 2011 through its various participation plans.
“We are proud to be an industry leader in working with dealers for their long-term success,” says Alan Miller, senior vice president of sales. “The front-end sale receives most of the attention in our industry, but it is the back-end programs that allow us to build a true partnership with our dealers.”
This partnership with dealers has been the foundation for CNA National establishing itself as an industry leader since being its beginning 30 years ago. In that time, CNA National has returned more than $230 million to dealers through participation plans.
“The money paid to our dealers not only benefits their business, it can ultimately benefit their community, metropolitan and state economies. Some dealers have used these funds to expand their operation or to purchase additional points,” says Joe Becker, president and chief executive officer. “Our goal is to continue having a positive role with our dealers across the country.”
What is certain is many dealers prefer CNA National’s participation plans because they can select the program that best serves both their business and individual income development goals.
By offering controlled foreign corporations (CFC) and non-controlled foreign corporation (NCFC) structures, CNA National has distanced itself from industry competitors in the reinsurance market, and in 2011 was recognized as “Best Provider” for reinsurance with the Auto Dealer Monthly’s Dealer Choice Award.
“We have a proven business model for our dealers that helped them weather the recent challenges in the automobile industry and the economy,” says Miller. “We will continue to work with dealers to prove our value to their long-term success.”
More Industry

Pennsylvania Dealership Under New Retailers
The sale of the Chrysler Dodge Jeep Ram store puts a family auto group on a leaner path as first-time dealers take the helm.
Read More →
Battery Storage Takes Priority Over EVs
U.S. automakers are prioritizing battery energy stationary storage over electric-vehicle production as the consumer demand for EVs lags the rest of the world.
Read More →
Auto Dealers Feel Better But Not Great
A second-quarter Cox Automotive poll of franchised retailers and independents found better views of the current market after a good spring but anticipation of third-quarter storminess.
Read More →
New-Vehicle Sales Picture Relative
A May forecast is complicated by last spring’s trade tariff effects on auto retail. Despite continued hard realities, many consumers took advantage of ways to bite the bullet.
Read More →
Auto Group Acquires Third Nissan Rooftop
Iowa-based Coleman Automotive Group recently acquired its seventh dealership, McGrath Nissan, which it renamed Nissan of Elgin.
Read More →
April Less Affordable
Based on prices, reduced incentives and slower household income growth, consumers found it more challenging to buy new last month, Cox Automotive reported.
Read More →
Building an Extraordinary F&I Agency
Work to determine your specialized talent, because that fact will determine everything about your agency’s future.
Read More →
Recipe for Compliance
The secret to both amazing barbecue and compliance is the same: understanding the basics and committing to a process.
Read More →
EVs Getting More Attractive
A growing percentage of U.S. consumers are open to switching and fewer are adverse to the idea, according to a recently completed survey. That’s despite the end of a tax break.
Read More →
EV Sales Drop in April Following Surge
North American electric-vehicle sales were down 28% year-over-year, a sharp contrast from global EV sales growth of 6%.
Read More →