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Industryby AE eMagazineMay 29, 2018

Autotrader, Kelley Blue Book Team With LendingTree

IRVINE, Calif., and CHARLOTTE, N.C. — Cox Automotive brands Autotrader and Kelley Blue Book have teamed with LendingTree to provide visitors of both sites with the ability to request a loan, compare competitive rates and payment terms from multiple lenders, and use an auto loan calculator to determine monthly payments based on loan amount, interest rate and loan term. ... Read More »

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Industryby AE eMagazineMay 29, 2018

Alpha’s Jeff Olsen Honored With 2018 Corporate Counsel Award

SALT LAKE CITY — Jeffrey R. Olsen, in-house legal counsel for Alpha Warranty Services, was honored with the 2018 Corporate Counsel Award. Utah Business recognized the 2018 honorees at an awards ceremony at The Grand America Hotel on April 26. They are also featured in the May 2018 edition of Utah Business magazine. The Corporate Counsel Awards recognize exceptional in-house ... Read More »

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Industryby AE eMagazineMay 29, 2018

Trump Tariffs Are ‘Big News’ for Auto Dealers

WASHINGTON, D.C. — President Donald Trump has ordered an investigation to determine whether to impose new tariffs on imported light-duty vehicles and parts following a tweet promising “big news” for the auto industry. The order came after a meeting between Trump and Secretary of Commerce Wilbur Ross on May 23 in which the two discussed ... Read More »

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Industryby AE eMagazineMay 24, 2018

AutoGravity Names Jason Bonifay Vice President of Engineering

IRVINE, Calif. — Fintech firm AutoGravity today announced the appointment of Jason Bonifay as vice president of engineering. He previously served as vice president of product development and engineering at CDK Global. At CDK, Bonifay was a key member of the tech company’s executive management team and managed 100-plus global associates responsible for engineering, product ... Read More »

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Industryby AE eMagazineMay 24, 2018

GWC Warranty Adds to Sales Management Team

WILKES-BARRE, Pa. — F&I product provider GWC Warranty today announced several additions to its sales leadership team. Five new regional sales manager (RSM) positions were created to enhance an already robust GWC Warranty sales team, resulting in the addition of more than 100 years of combined experience in sales and the automotive industry. “The GWC ... Read More »

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Industryby AE eMagazineMay 23, 2018

AAA: Crashes Shake Faith in Driverless Vehicles

ORLANDO, Fla. — Following high-profile incidents involving autonomous vehicle technologies, a new report from AAA’s multiyear tracking study indicates that consumer trust in these vehicles has quickly eroded. Today, nearly three-quarters (73%) of American drivers report they would be too afraid to ride in a fully self-driving vehicle, up significantly from 63% in late 2017. ... Read More »

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Industryby AE eMagazineMay 21, 2018

Trump Signs Repeal of CFPB’s Dealer Participation Guidance

WASHINGTON, D.C. — On Monday, President Donald Trump signed into law the Congress-approved resolution of disapproval of the Consumer Financial Protection Bureau’s guidance on dealer participation — ending the regulator’s attack on a key source of dealer income exactly five years and two months since the regulator issued its controversial rule. The enactment of the ... Read More »

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Industryby AE eMagazineMay 18, 2018

RoadVantage Brings Don Oliver Aboard as SVP

AUSTIN – RoadVantage, the fastest-growing provider of F&I programs for the automotive industry, announces the addition of Don Oliver as Senior VP of Operations. Mr. Oliver is a 30-year veteran of the VSC (Vehicle Service Contract) administration business, having spent the majority of his automobile industry career with CNA National Warranty Corporation (CNA National) which was ... Read More »

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Industryby AE eMagazineMay 17, 2018

Alpha Warranty Services’ CEO Steve Rosenvall Honored as Executive of the Year in 2018 American Business Awards

RIVERTON, Utah –  Alpha Warranty Services’ CEO, Steve Rosenvall, was honored as Executive of the Year, receiving a Bronze Stevie Award, in the 16th Annual American Business Awards® announced May 2nd. “I’m honored and humbled to be recognized by the American Business Awards. The successes I’ve experienced personally and with the company are a clear ... Read More »

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Industryby AE eMagazineMay 17, 2018

John Luckett Joins Portfolio as Managing Director

LAKE FOREST, Calif. – Portfolio, one of the nation’s leading reinsurance program managers for automotive dealers, announced this month that John Luckett has joined Portfolio as a Managing Director for sales and agent development. Mr. Luckett was formerly Senior Vice-President for Sales and Marketing at First Extended Service Corp. (FESC) and Resource Agent Group, divisions ... Read More »

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