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Industryby Tariq KamalAugust 21, 2019

S.C. Dealer Sues Former GM, F&I Manager

Hoover Mitsubishi’s Mark Hoover has sued two former employees accused of doctoring auto loan applications, a scheme that led to an FBI raid and the shuttering of the dealership.

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Product & Technologyby StaffAugust 21, 2019

Universal Integrates ZERO Plan With Darwin Automotive

Universal Lenders, home of The ZERO Plan, announced a full integration with Darwin Automotive’s F&I and digital retailing software suite.

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Industryby StaffAugust 21, 2019

Beverly Hills BMW Sold in Recordbreaking Deal

The four-acre, 93,000-square-foot Beverly Hills BMW has been sold for $70 million, an amount billed as the highest ever paid to acquire a Los Angeles auto dealership.

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Product & Technologyby StaffAugust 20, 2019

Vision Releases VisionMenu 4.0

Vision Dealer Solutions announced the launch of VisionMenu 4.0, the latest update to the VisionMenu Classic electronic F&I menu.

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Industryby StaffAugust 20, 2019

SMART Payment Plan Adds 30 New Markets

Matching payments program provider SMART Payment Plan is seeking agents to represent the company in 30 new U.S. markets.

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Industryby StaffAugust 20, 2019

Portfolio Acquired by Abry Partners

Private equity firm Abry Partners has agreed to acquire F&I products and reinsurance programs provider Portfolio from Capital Z Partners.

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Awardsby StaffAugust 20, 2019

AUL Earns 6th Straight Best Workplace Award

AUL Corp. has been ranked among North Bay Business Journal’s Best Places to Work for the sixth consecutive year.

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F&Iby StaffAugust 16, 2019

Lease Swap Approval Rates Rise to 69.1% in July

Lease approval ratings improved in July following a slight dip in June, according to the latest report from Swapalease.com.

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Product & Technologyby StaffAugust 16, 2019

MBPI Adds MBP ID Fraud Solutions

MBPI has added a product designed to offer identity protection to consumers during the F&I process.

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Product & Technologyby StaffAugust 15, 2019

EFG Adds Service Contract for EV Buyers

EFG Companies announced the launch of Motorist Assistance Plan, an exclusionary vehicle service contract designed specifically for buyers of electric vehicles.

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