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SCOTTSDALE, Ariz.—CNA National has announced that as of August 2015, it now has more than three million contracts in force across its product lines, including vehicle service contracts, GAP, tire-and-wheel protection, and warranties. “This is a wonderful accomplishment for everyone who is part of CNA National,” said Joe Becker, president and chief executive officer. “Passing ... Read More »
Read More →NAPA, Calif. – AUL Corp, the industry leader in used vehicle service contracts proudly announces that Jacqueline Swank, Marketing Manager has been named to the Agent Entrepreneur “40 Under 40″ list. The magazine, known for being the industry leader in the automotive agent space, publishes the list annually to recognize the best and brightest industry ... Read More »
Read More →ORLANDO, Fla.– US Equity Advantage® (USEA) announced today that it is now integrated with Dealertrack’s Menu and Aftermarket Network solutions. A leading provider of biweekly payment programs for the automotive industry with more than 100 combined years of F&I experience, USEA services more types of menu software systems than anyone in the industry, according to ... Read More »
Read More →FRANKFURT – BMW Group is preparing to rethink its products, design and business models for the advent of driverless cars, Mini boss Peter Schwarzenbauer said. The executive said the competitive advantage for premium carmakers will be rooted in their ability to offer a portfolio of transport options far beyond just selling a car, reports Automotive ... Read More »
Read More →TOKYO – Suzuki says it will buy back the 19.9 percent stake held by top shareholder Volkswagen Group after an international arbitration court last month ordered the German automaker to sell its holding, reports Automotive News. The Japanese automaker said it would repurchase on Thursday as many as 122.77 million shares at today’s closing price ... Read More »
Read More →SAN CLEMENTE, Calif. — The Federal Trade Commission official who led the agency’s Operation Ruse Control, which resulted in 252 auto-related enforcement actions, shared this week the seven deadly sins of advertising that put dealers on her regulatory radar. Cindy Liebes, director of the Federal Trade Commission’s Southeast Region, shared her list ahead of her ... Read More »
Read More →NEWARK, N.J. — A used car dealership has been ordered to pay $693,645.91 after a Superior Court Judge found that it violated state consumer protection laws and regulations a total of 640 times. The state’s ten-count complaint against RLMB Inc., filed this March, alleged that RLMB and its manager, Michael L. Bloom, violated the Consumer ... Read More »
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