Twenty-year industry veteran Pankaj Singh has been named chief technology officer at National Auto Care, where he will lead the company’s IT and project management teams.
PONTRE VEDRA BEACH, Fla. — F&I products provider National Auto Care announced that Pankaj Singh has joined its staff as chief technology officer. Executives said the 20-year industry veteran will lead NAC’s IT department as well as its project management office, streamlining the company’s current projects and innovation initiatives.
“At heart, Singh is a true technologist, but he is also a proven strategist and leader with extraordinary vision and operational expertise within complex organizations. I am thrilled to welcome him to NAC,” said CEO Tony Wanderon.
Ad Loading...
Singh’s experience spans the “entire breadth” of IT, including roles ranging from senior consultant to vice president and senior director of information delivery. He holds a bachelor’s degree in engineering and an MBA and has published books and articles dedicated to software engineering, IT, managerial decisions, and quality compliance, among other topics, all according to the announcement.
The executive said he was attracted to the corporate culture at NAC as well as the opportunities the position presents.
“I really liked Tony’s leadership style, and the opportunity to grow the business and innovate from a tech perspective,” Singh said. “This industry is changing, and there’s only so much you can do without innovation.”
Consumers are seeking ways to make financing new-vehicle purchases manageable, from extended loan terms to smaller down payments, according to Edmunds.
AutoPayPlus says extra-long auto loans are trapping consumers and threatening the dealer trade-in cycle, and that the industry is leveraging the wrong tools to combat high MSRPs.
Better financing conditions and the potential to save money on monthly payments could drive more consumers to buy out their vehicle leases instead of opting for a new lease payment.
The share of subprime, longest loan terms grow in Q4 as consumers take on more debt over longer terms to afford higher vehicle prices, Experian research finds.
A StoneEagle 2025 industry report reads like a stress test. In a noisy year, F&I became the foundation that kept the house standing when the front end thinned.
Over half of insurance holders ages 18 to 29 reported to be 'somewhat' likely to change providers in the next 90 days, according to CivicScience, which found that interest was lower among older age groups.
Deal volume ebbed and flowed throughout 2025, but product performance remained steady, according to automotive technology and data intelligence solutions provider StoneEagle.
