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Industryby AE eMagazineJune 30, 2017

Portfolio Acquires Finance Concepts, LLC

LAKE FOREST, Cali. – Portfolio Group announced today that it has acquired a majority interest in Finance Concepts, LLC, one of its largest producing agencies headquartered in Folsom, California. Portfolio is owned by the company’s management and Capital Z Partners, a New York-based private equity firm. Terms of the transaction were not disclosed. “We are very ... Read More »

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Industryby AE eMagazineJune 30, 2017

NMAC President Named Infiniti Executive

NASHVILLE, Tenn. ─ Mark Kaczynski is leaving his post as president of Nissan Motor Acceptance Corp. to become vice president of administration and finance for Nissan Motor Co.’s luxury brand Infiniti, the automaker announced on Thursday. Replacing Kaczynski as president of Nissan’s captive finance company is Kevin Cullum, who was promoted from his general manager ... Read More »

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Industryby AE eMagazineJune 28, 2017

UDS Celebrates 35 Years

CLEARWATER, Fla. – United Development Systems, Inc. (UDS) celebrates 35 years of excellence in the F&I Performance arena. UDS is a full service F&I Performance Company based in Clearwater, Florida. Founded by its President and CEO, Randy Crisorio, in 1982, UDS has been providing its F&I performance package to franchised dealers consisting of: 1) Top-Tier ... Read More »

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Industryby AE eMagazineJune 26, 2017

SouthwestRe Wins 2017 Dealers’ Choice Gold Award for Service Contract Reinsurance

ALBUQUERQUE, NM – SouthwestRe is very pleased to announce that the Company has been awarded the prestigious Dealers’ Choice Gold Award for Service Contract Reinsurance. The Dealers’ Choice awards are determined by a survey sent to readers of Auto Dealer Today, and F&I and Showroom magazine. Voting was open solely to dealers and dealership personnel. ... Read More »

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Industryby AE eMagazineJune 26, 2017

Portfolio Launches QUANTUM Vehicle Service Contract Covering Today’s Essential New Electronic Components

LAKE FOREST, Cali. – Portfolio announces the launch of its latest vehicle service contract, QUANTUM, which provides repair and/or replace coverage on electronic components that define the 21st Century driving experience. QUANTUM covers touch and display screens, Bluetooth components, driver assist detection and warning systems, parking sensors and assist systems, USB ports and power points, along ... Read More »

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Industryby AE eMagazineJune 23, 2017

Kurtis Orcutt Named President of ASI

Accelerated Service International (ASI) has appointed Kurtis Orcutt as president and projected exponential growth during his tenure. RICHARDSON, Texas — June 23, 2017 — Accelerated Service International (ASI) announced it has appointed Kurtis Orcutt as president, effective immediately. A 34-year veteran of the automotive retail and finance industry, Orcutt has served in leadership positions with ... Read More »

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