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Industryby AE eMagazineJuly 12, 2018

FTC, 12 Partner Agencies Conduct Used Car Rule Compliance Sweep

WASHINGTON, D.C. — The Federal Trade Commission, working jointly with 12 partner agencies in seven states, conducted the first compliance sweep of car dealerships since its amended Used Car Rule took effect earlier this year, the regulator announced today. The sweep was conducted in 20 cities nationwide between April and June 2018. According to the ... Read More »

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Industryby AE eMagazineJuly 11, 2018

ChannelNet Enhances SaaS Platform

DEARBORN, Mich. — Digital engagement provider ChannelNet has enhanced its software-as-a-service (SaaS) platform with advanced personalization features that help companies streamline business-to-business (B2B) marketing, sales and customer service functions in a secure, real-time online portal, the company announced. ChannelNet’s highly scalable, patented SiteBuilder software platform now offers an advanced integrated portal that enables companies to operate more efficiently ... Read More »

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Industryby AE eMagazineJuly 10, 2018

FCA Launches Dealer Market Investment Program

AUBURN HILLS, Mich. — Fiat Chrysler Automobiles has introduced a new program aimed at identifying, developing, and placing dealer candidates as it works to strengthen and enhance its U.S. dealership network. The Dealer Market Investment Program will cultivate and provide financial support to proven, high-potential individuals who want to operate a Chrysler-Dodge-Jeep-Ram or Alfa Romeo-Maserati dealership but have limited ... Read More »

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Industryby AE eMagazineJuly 10, 2018

GWC Introduces Major Account Management Team

WILKES-BARRE, Pa. — Vehicle service contracts provider GWC Warranty, the best-in-class provider of used vehicle service contracts sold through automotive dealers, has announced the inception of a newly created Major Account Management Team. This new team of five highly skilled and experienced account managers will be led by Area Vice President Cynthia Bodden and will ... Read More »

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Industryby AE eMagazineJuly 10, 2018

F&I Dealer of the Year Nominations Now Being Accepted

TORRANCE, Calif. — F&I and Showroom is now accepting nominations for its 2018 F&I Dealer of the Year and F&I Pacesetters contest, which is being sponsored by American Financial & Automotive Services Inc. for the second year in a row. The nomination period ends Aug. 15, 2018. Now in its 17th year, the F&I Dealer of the Year and F&I Pacesetters program recognizes operations with ... Read More »

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Industryby AE eMagazineJuly 9, 2018

CFPB Official Who Sued Trump Resigns, Drops Suit

WASHINGTON, D.C. — Leandra English, who former Consumer Financial Protection Bureau Director Richard Cordray’s picked to succeed him as acting director, is ending her court battle to unseat Mick Mulvaney as acting head of the bureau and her employment with the embattled regulator. On Friday, English’s attorney, Deepak Gupta, posted a statement on Twitter that English is ... Read More »

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Industryby AE eMagazineJuly 6, 2018

AUL Brings in Assurant’s David Chang as CFO

NAPA, Calif. — Vehicle service contracts administrator AUL Corp. has appointed David Chang to the position of CFO, announced Jimmy Atkinson, the firm’s president and CEO. Chang, who brings more than 20 years of experience in corporate finance, has been recruited to prepare the firm for its next phase of growth. The appointment represents the second addition to AUL’s executive team in ... Read More »

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