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Industryby AE eMagazineApril 12, 2017

AAA: One-In-Three U.S. Drivers Can’t Afford Unexpected Repair

ORLANDO, Fla. —Sixty-four million U.S. drivers would not be able to pay for an unexpected vehicle repair without going into debt, indicating that some drivers may underestimate the full cost of owning and operating a vehicle, according to a new AAA survey. The average repair bill, according to AAA, can set a driver back up ... Read More »

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Industryby AE eMagazineApril 12, 2017

AutoLoop Studies Reveal Reasons Dealers Fail to Convert Leads Into Buyers

CLEARWATER, Fla. — Customer relationship management solution provider AutoLoop LLC today revealed the Top 3 reasons dealerships have difficulty converting leads into buyers. According to recent study results, the reasons are inadequate explanation of the pricing and value proposition, lack of timely follow up and not using leads’ preferred follow-up communication methods. The data was ... Read More »

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Industryby AE eMagazineApril 12, 2017

Ally Rolls Out Online Auto Finance Marketplace

DETROIT — Ally today introduced an online marketplace called Clearlane. It connects consumers with auto finance providers to finance or refinance their vehicles with ease.  Clearlane’s process provides customers with quotes from a robust network of finance providers, as well personalized support to help apply for and complete transactions. “With Clearlane, Ally adds a unique ... Read More »

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Industryby AE eMagazineApril 12, 2017

NADA Sticks to 17.1 Million-Unit Forecast

TYSONS, Va. — In a Wednesday-morning conference call with members of the automotive press, the National Automobile Dealers Association (NADA)’s chairman, Chicago-area dealer Mark Scarpelli, and its chief economist, Steven Szakaly, predicted new-vehicle sales would remain above the 17 million-unit mark in 2017. Throughout the quarterly briefing, Scarpelli and Szakaly cited a number of factors ... Read More »

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Industryby AE eMagazineApril 11, 2017

RoadVantage Continues Strong Momentum with Office Expansions, Hiring Surge

AUSTIN – RoadVantage, the fastest-growing provider of F&I programs for the automotive industry, today announced the third expansion of its Austin headquarters and the addition of a new west coast office, as well as new hires across all departments. These latest expansions enable RoadVantage to further broaden its sales and customer service operations in order ... Read More »

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Industryby AE eMagazineApril 10, 2017

GWC Warranty Introduces Improved Coverage Lookup Tool

WILKES-BARRE, Penn. – GWC Warranty, the best-in-class provider of used vehicle service contracts and related finance and insurance products sold through automotive dealers, has improved its online coverage lookup tool to better assist drivers in obtaining critical vehicle service contract information. As part of GWC Warranty’s promise to deliver best-in-class customer service to dealers and their ... Read More »

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Industryby AE eMagazineApril 10, 2017

Alpha Warranty Service’s Employees Volunteer at the Utah Food Bank

SALT LAKE CITY – Alpha Warranty Services, Inc. expands philanthropic efforts by providing employees and their families opportunities to give back to the local community. On Wednesday March 8th, Alpha Warranty hosted a volunteer night at the Utah Food Bank, an organization whose mission is to fight hunger and serve those in need across Utah. Alpha ... Read More »

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Industryby AE eMagazineApril 10, 2017

CNA National Appoints New Vice President of Claims

SCOTTSDALE, Ariz.—CNA National is pleased to announce that, effective April 1, Mike Bacosa has been promoted to vice president of claims. Bacosa is a long-time member of CNAN with over 20 years in the Claims Department. For the past seven years, he led CNAN’s claims organization as its senior manager and has held many other ... Read More »

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Industryby AE eMagazineApril 7, 2017

DeLong Named VP of Covideo

NORCROSS, Ga. — April 6, 2017 — Covideo (a division of EasyCare) has appointed Mike DeLong to the position of Vice President, heading the company’s Dealer Services division. DeLong is a 30-year industry veteran who has been with Covideo since 2007. “Mike has been critical to our success and growth over the last ten years,” ... Read More »

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Industryby AE eMagazineApril 6, 2017

Kaseff to Helm CFC Panel at Agent Summit Reinsurance Symposium

LAS VEGAS — Organizers of the upcoming Agent Summit have announced that David Kaseff, CFO of MarksNelson LLC, will serve as moderator for a panel dedicated to controlled foreign corporations (CFCs) at the event, which will be held May 21–24, 2017, at Paris Las Vegas. “The IRS has taken a significant interest in the taxation ... Read More »

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