CNA National Takes Two Top Spots in 2017 Dealers’ Choice Awards
Scottsdale, Ariz.—For the 13th consecutive year, CNA National (CNAN) is being recognized as the best in the industry by vehicle dealers nationwide. CNAN earned first-place Diamond Awards for both “Best Service Contract Provider” and “Best Reinsurance Provider” in the 2017 Dealers’ Choice Awards. Dealers have voted CNAN as a number-one provider every year since this ... Read More »
Scottsdale, Ariz.—For the 13th consecutive year, CNA National (CNAN) is being recognized as the best in the industry by vehicle dealers nationwide. CNAN earned first-place Diamond Awards for both “Best Service Contract Provider” and “Best Reinsurance Provider” in the 2017 Dealers’ Choice Awards.
Dealers have voted CNAN as a number-one provider every year since this national survey began in 2005. The company has earned a total of 22 Dealers’ Choice Awards, including “Best Service Contract Provider” in 2005-2010 and 2012-2017 and “Best Reinsurance Provider” in 2011-2013 and 2017, making CNAN the most-awarded F&I company in the industry.
“It’s an incredible honor to earn the top spot among both service contract providers and reinsurance providers in 2017,” says Joe Becker, CNAN president and chief executive officer. “We’ve always put great emphasis on maintaining high service levels for our dealers and their customers, so it’s extremely gratifying to see that this year’s votes from dealerships across the country reflect our efforts.”
“Dealers have ranked CNA National as the best service contract provider and the best reinsurance provider for a number of reasons, including our superior claims administration and our financial stability,” says Alan Miller, CNAN senior vice president of sales. “Our daily operations focus on having a positive impact on dealers and our profit participation programs deliver real results: We’ve paid more than $424 million to dealers to date.”
Auto Dealer Today hosts the Dealers’ Choice Awards annually with an award ceremony in September.
More Industry
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.
Read More →
Exposure Drives Interest in Chinese Cars
At a recent demonstration, consumers had the chance to ride in a Chinese-branded vehicle, a firsthand experience that improved their perceptions and purchase intent.
Read More →
Automotive Consumers Sink Further in Debt
Most financing metrics hit records in the second quarter as more buyers locked themselves into long terms and high monthly payments.
Read More →
Agent Advocate
Rob Mancuso, who comes from a long line of auto dealers, values general agents’ place in the industry and makes a case for them taking an even bigger seat at the table.
Read More →
Driving Under Distraction
Though consumers gave higher marks to new vehicles in JD Power’s most recent initial-quality poll, high-tech interference worsened, pointing to craving for simplicity.
Read More →
Affordable New Cars a Thing of the Past
More than one out of five new vehicles sell for more than $60,000, according to Edmunds. That's up 7% compared to prepandemic 2019.
Read More →
State Follows Federal Warning on Auto Ads
The Massachusetts attorney general cautioned the state’s automotive dealers to be upfront with the consuming public about their vehicle prices or risk punishment.
Read More →
Consumer Outlook on the Rise
Younger generations are feeling more positive about their financial futures and current affordability pressures than older generations, according to recent TransUnion data.
Read More →
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 →