News

American Auto Guardian, Inc. ("AAGI") Unveils New Branding

SCHAUMBURG, Ill.– American Auto Guardian, Inc. (“AAGI”) has unveiled a new corporate brand, new logos for existing products, and an innovative new exclusionary vehicle service contract. AAGI’s 2017 Product Launch included a three-day event in Scottsdale, Arizona, which commemorated 20 years in business by introducing select agents to a bold new look for the company ... Read More »

Wise F&I has Partnered with Darwin Automotive

ST. LOUIS – Wise F&I provides a full suite of voluntary protection products to the automotive finance and insurance market. Wise F&I products are now available through Darwin Automotive’s Prescriptive F&I Selling Software. This partnership provides automotive retailers utilizing Darwin access to all of Wise F&I products, including: GAPWise, WiseCARE, TIREWise, WiseTVP, THEFTWise and KEYWise. Darwin ... Read More »

Agent Summit Names 2017 Advisory Board

EFG Companies Launches Enhanced Lifetime Wrap Coverage to Complement Drive Forever Worry Free Limited Lifetime Powertrain Protection

DALLAS – EFG Companies, the innovator behind the award-winning Hyundai Assurance program, today announced the launch of the Drive Forever Worry Free Lifetime Wrap, an enhancement to the company’s market-differentiating limited powertrain protection. For more information, visit http://bit.ly/2lUkufY. The Drive Forever Lifetime Wrap is designed to help dealers close more deals at a higher gross with improved ... Read More »

Reinsurance Symposium Returns to Agent Summit

Compliance Auditing Firm TDC Forms Strategic Partnership With Accelerated Service International

NEW YORK — Total Dealer Compliance (TDC), a car dealership compliance-auditing firm with an E-Learning Platform, today announced it has entered into a strategic partnership with Accelerated Service International (ASI), the industry leader that provides innovative products and superior service to its customers, dealers and agents, to mitigate the risks a car dealer faces from regulators. ... Read More »

CNA National Distributes Over $40 Million for Dealer Participation Plans for 2016

SCOTTSDALE, Ariz.—CNA National Warranty Corporation (CNAN) returned over $40 million to automobile dealers across the U.S. through its various participation plans for 2016. This brings its inception-to-date total to more than $424 million. “Over the past five years, we’ve seen a significant increase in returns,” says Joe Becker, president and chief executive officer. “This performance ... Read More »

F&I Digital Media Awards Now Accepting Entries

TORRANCE, Calif. — Entries are now being accepted for the 2017 F&I Digital Media Awards, organizers announced Friday. The submission deadline is Friday, March 31, 2017. The program, which was designed to honor companies and individuals who are driving innovation in the digital F&I space, is presented by F&I and Showroom and sponsored by F&I Express. It is comprised ... Read More »

Sonic Reports Recordbreaking Fourth Quarter

CHARLOTTE, N.C. — Sonic Automotive Inc. reported a series of highwater marks for pre-owned sales, F&I gross profit and fixed ops gross profit in the fourth quarter of 2016. In a Feb. 21 press release and investor call, executives with the nation’s fourth-largest auto retailer said those gains, coupled with a strong December, overshadowed losses in new- ... Read More »

Randy Henrick Joins Mosaic Compliance Services

TAMPA, Fla. — Attorney and compliance expert William Randolph “Randy” Henrick has joined Mosaic Compliance Services LLC as vice president and compliance counsel, the company announced. Mosaic’s cofounder and president, attorney James S. “Jim” Ganther, said he expects “great things” from Henrick, who joins the company with more than 20 years of experience in the ... Read More »