News

Edmunds: 100,000-Mile Cars More Valuable Than Shoppers Think

SANTA MONICA, Calif. — The tight supply of late-model used vehicles is squashing the long-held belief that a car’s best days are behind it once the odometer passes the 100,000-mile mark, at least according to Edmunds’ used-vehicle market report for the third quarter. The site’s analysis of late-model used vehicles revealed that values decline only ... Read More »

Craig Robinson Named President of AAGI

Bloomberg: Senate Banking Chair Closing In on Bipartisan Dodd-Frank Rollback

WASHINGTON, D.C. — Republican Senator Mike Crapo (R-Idaho) told reporters on Wednesday he’s getting closer to brokering a deal on bipartisan legislation aimed at rolling back parts of the Dodd-Frank Act, according to a Bloomberg report. The lawmaker, who chairs the Senate Banking Committee, is in talks with moderate Democrats Jon Tester of Montana, Heidi Heitkamp ... Read More »

Randy Crisorio to Serve Sixth Term as Chair of Agent Summit Advisory Board

LAS VEGAS — Randy Crisorio, president and CEO of United Development Systems (UDS) will return as advisory board chair for next year’s Agent Summit, organizers announced. The event will be held May 20–23, 2018, at the Venetian & Palazzo Resort Hotel Casinos in Las Vegas. “We are fortunate to have Randy at the helm of ... Read More »

Craig Robinson Named President of AAGI

SCHAUMBURG, Ill. — American Auto Guardian Inc. (AAGI) announced that Craig Robinson, a 20-year veteran of the insurance and third-party administration segments, has joined the company as president. Tim Brugh, who has held the title of president since May 2013, moves into the CEO position. Robinson started his career with Aon Warranty Group, driving operational ... Read More »

Traffic Control Introduces New Features

DELAND, Fla. — Dealer software solutions provider Traffic Control has launched new features designed to improve multiple F&I-related steps to improve deal cash flow, employee efficiency and customer satisfaction. “The days of chasing contracts to get deals funded — of risking customer retention because of conflicts over ‘We owe’ promises — and seeing customer zeal ... Read More »

GWC Warranty Takes Home Two 2017 Automotive Communication Awards

WILKES-BARRE, Penn. – GWC Warranty, the best-in-class provider of used vehicle service contracts sold through automotive dealers, received two 2017 Automotive Communication Awards at the Women’s Board Reception during AAPEX in Las Vegas on Tuesday, October 31.   GWC Warranty’s company blog, Accelerate, won in the Business-to-Business Blog category, marking the third consecutive year that Accelerate ... Read More »

ADG Makes List of Fastest-Growing Companies

MINNEAPOLIS — Automotive Development Group has been named to the Inc. 5000 list of the fastest growing companies of 2017. This is the first time the company has been honored with a ranking on the list. The Inc. 5000 outlines the fastest-growing privately held companies from across the country that demonstrate the highest revenue growth over a three-year ... Read More »

Protective Launches New FPC Premium Marine Protection Program

CHESTERFIELD, Mo. — Protective Asset Protection has launched a new version of its longstanding marine F&I program, FPC Premium Marine Protection Program. The updated service contract program is available to marine dealers in all states except Washington as of Nov. 1, 2017. The program enhancements are extensive and include an overhaul of engine and accessory ... Read More »

Agent Summit Names Harkins as Emcee

LAS VEGAS — Organizers of the upcoming Agent Summit have announced that Robert “Bob” Harkins, vice president of training for the American Guardian Group of Companies, will return as master of ceremonies for the 2018 event, which is scheduled for May 20–23 at the Venetian & Palazzo Resort Hotel Casinos in Las Vegas. “Although we ... Read More »