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Wise F&I is expanding their product suite to include TIREWise, an automotive tire and wheel protection program. A tire and wheel protection program helps to cover consumers from the expense of road hazard damage to their tires and wheels (rims). Road hazard damage can be caused by hitting a pothole, running over a nail or hitting debris ... Read More »
Read More →LAS VEGAS — Organizers of the annual Agent Summit have announced that SouthwestRe’s Jim Smith will deliver the keynote address at this year’s Reinsurance Symposium. The pre-show event will begin at 11:00 a.m. on Monday, May 9. “Jim Smith is among the reinsurance industry’s most prominent and knowledgeable figures,” said David Gesualdo, show chair and publisher of Agent ... Read More »
Read More →WASHINGTON – Richard Cordray and Republican members of the House Financial Services Committee are set to square off next Wednesday, March 16. It will be the first time the director of the Consumer Financial Protection Bureau (CFPB) will appear before the committee since Republican members issued two staff reports criticizing the bureau’s activities in the ... Read More »
Read More →Norfolk, VA – Dominion DMS, a division of Dominion Dealer Solutions, announced today that their ACCESS® Dealer Management System has completed its integration with F&I Express’ aftermarket data solution. This new collaboration streamlines the F&I process, providing time savings to automotive dealership customers nationwide through DominionACCESS DMS. “F&I Express’ eContracting for aftermarket products completes the ... Read More »
Read More →WASHINGTON – U.S. News & World Report has announced its 2016 list of Best Cars for Families. The organization evaluated the safety and reliability rating, reviews, high-tech features, and cargo space of 256 vehicles and announced winners in 21 different categories. Mercedes-Benz and Honda brands each earned four awards, the most won by individual brands. ... Read More »
Read More →TYSONS, Va. – This week’s departure of Volkswagen of America’s President and CEO Michael Horn is a significant blow to the VW dealer network, which has been operating in crisis mode for more than six months. What’s most regrettable about Mr. Horn’s departure is that it leaves more questions than answers for the 652 Volkswagen ... Read More »
Read More →ATLANTA – Cox Automotive named Shirley Powell as its vice president of communications and community relations. She will lead and manage day-to-day operations of the company’s global communications organization, according to F&I and Showroom magazine. Powell has more than 25 years of experience in strategic communications and most recently served as executive vice president and ... Read More »
Read More →LAWRENCEVILLE, Ga. — According to Black Book data, the average price of a used vehicle for model years 2010-2014 declined 1.1% during February, with cars declining 1.1% and trucks falling 1.2%. Full-size pickups led all vehicle segments with the highest depreciation for the month at 2.7%. Vehicles in this segment include Chevrolet Silverado, Dodge Ram ... Read More »
Read More →SCHAUMBURG, Ill. — The average amount financed and the average monthly payment for new vehicles financed during 2015’s end-of-year quarter rose to record levels, according to Experian Automotive. But those weren’t the only records set during the period. The credit reporting agency reported today that the average amount financed for a new vehicle in the ... Read More »
Read More →BLOOMINGTON, Ill. — The Federal Reserve’s recent interest rate hike and a rocky start to the year in global financial markets is hurting consumer confidence, according to a new survey. It showed that, on average, American believe there is a 36% chance the U.S. economy will fall into a recession this year. The COUNTRY Financial ... Read More »
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