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DALLAS – EFG Companies, the innovator behind the award-winning Hyundai Assurance program, announced today the addition of Richard Christensen as Vice President of Product Development. Christensen offers a wealth of direct experience in initiating and launching corporate strategic initiatives with companies like Hyundai Capital America and Nissan North America. In his previous roles, Christensen has overseen ... Read More »
Read More →AUSTIN – RoadVantage, the fastest-growing provider of F&I programs for the automotive industry, today announced a new GPS anti-theft tracking system to provide greater security and safety for both auto dealers and their customers. RoadVantage is the first F&I provider to offer a GPS System coupled with a vehicle theft protection benefit. “The RoadVantage GPS ... Read More »
Read More →IRVING, Texas – AutoBodyguard, Inc., a division of Dent Zone Companies, Inc., has announced a newly formed partnership with Zavada Scientific for exclusive rights to Zavada’s organic odor elimination technology for the automotive, recreational vehicle and marine, as well as powersports, markets worldwide. “The addition of Zavada’s odor eliminator is aligned with our vision for the ... Read More »
Read More →IRVING, Texas – Dent Zone Companies, the leader in Paintless Dent Repair (PDR), has announced the creation of AutoBodyguard, Inc., a division offering a complete line of automotive appearance programs and vehicle protection products. The products, which include interior and exterior vehicle protection, also encompass additional consumer coverage benefits such as tire and wheel, windshield, automobile ... Read More »
Read More →Schaumburg, IL–American Auto Guardian, Inc. (“AAGI”) is pleased to announce that Ken Acha has joined their sales team as Western Regional Vice President. With over 15 years of experience in the automotive industry, Ken’s career began in retail and included time as a Salesperson, Sales Manager and F&I Manager. Prior to joining AAGI, Ken worked ... Read More »
Read More →IRVINE, Calif. — Kelley Blue Book said this week it expects new-vehicle sales to grow by 4% compared to the same-year period in 2015. The expected growth should deliver record new-vehicle sales of 1.51 million and a SAAR of 17.5 million. Retail sales, the firm said, are expected to account for 80.3% of volume this ... Read More »
Read More →WILKES-BARRE, Penn. – GWC Warranty, the best-in-class provider of vehicle service contracts and related finance and insurance products sold through automotive dealers, has announced its integration with defi SOLUTIONS, the industry’s leading browser-based loan origination platform. GWC’s integration with defi SOLUTIONS means that automotive lenders and their dealers will be able to seamlessly process GWC vehicle ... Read More »
Read More →DEARBORN, Mich. — In a dealer bulletin obtained by F&I and Showroom magazine, Ford Motor Credit announced the availability of 84-month financing on new retail and subvented rate contracts. The 84-month program, which allows for maximum interest rate markup of 100 basis points on standard contracts, is only available to car buyers with FICO scores at and ... Read More »
Read More →DALLAS – EFG Companies, the innovator behind the award-winning Hyundai Assurance Program, and F&I Express, the largest automotive F&I aftermarket product network, announced today a partnership to better serve their dealership clients by fully integrating their eContracting capabilities. “At EFG Companies, we understand that no two dealers are the same,” said John Pappanastos, President and ... Read More »
Read More →LAWRENCEVILLE, Ga. — Year-over-year depreciation accelerated during the first quarter of 2016, demonstrating that the market has reached the peak of the spring season, according to Black Book. During the quarter, vehicles depreciated at a rate of 3.6%, compared to 0.6% during the year-before period. Additionally, Black Book data found that the average price of ... Read More »
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