News

PALS Early-Bird Pricing Ends Aug. 7

LAS VEGAS – Early-bird pricing for the P&A Leadership Summit ends one week from tomorrow, organizers said Thursday. Attendees who register on or before Aug. 7 will enjoy a $100 discount at registration for the event, which is scheduled for Sept. 9–10, 2015, at Paris Las Vegas. “For the third consecutive year, our agenda is ... Read More »

Vero Acquires Fidelis PPM, Announces Formation of DRIV Technologies

SCOTTSDALE, Ariz. – Vero Products, a leader in vehicle after-market solutions and services to the retail automotive industry, and a division of CU Direct, has acquired Fidelis PPM. As a result of the acquisition, Vero and Fidelis PPM have formed DRIV Technologies, LLC to provide the automotive dealer community a dynamic pre-paid maintenance (PPM) technology ... Read More »

Portfolio Announces New CFO and Treasurer

LAKE FOREST, Calif. – Portfolio, one of the nation’s leading reinsurance program managers for automotive dealers, has named Pam Hamilton Executive Vice-President & Treasurer and appointed Robert Dickey Executive Vice-President & Chief Financial Officer. Both positions report directly to the Chief Executive Officer. CEO Brent Griggs explains, “Because of our rapid and substantial growth, it has ... Read More »

Borchardt Joins PALS Roster

PALS Room Block Nearly Full

Larsen to Helm Claim/Call Center Panel at PALS

RoadVantage Expands Sales Team, Adds Regional Offices

AUSTIN – RoadVantage, the fastest-growing provider of F&I programs for the automotive industry, today announced the addition of three industry veterans to its sales team, as well as new regional offices. Dave Bouchat comes to RoadVantage from DCH Auto Group. A 30-year industry veteran who was with AutoNation prior to DCH, Bouchat has joined RoadVantage as vice president of business ... Read More »

NADA Urges Dealers to Review FCC’s TCPA Ruling

WASHINGTON, D.C. — The National Automobile Dealers Association (NADA) is urging dealers to review their telephone and text marketing practices to ensure that they are in line with the Federal Communications Commission’s omnibus ruling and order regarding the Telephone Consumer Protection Act. Issued on Friday, the ruling will affect a number of areas related to ... Read More »

Depreciation Slows in June, NADA Used Car Guide Reports

MCCLEAN, Va. — Used-vehicle depreciation slowed modestly in June compared to May’s more rapid pace, according to the NADA Used Car Guide, with prices for vehicles up to eight years in age falling 2.5% on a monthly basis in June, or more than a half a percentage point less than the 3.2% drop recorded a ... Read More »

F&I Express Launching CompliPrice

DALLAS – F&I Express today announced it has launched CompliPrice, a cloud-based tool to help automotive retailers ensure its profits on aftermarket insurance products are compliant with dealer compliance policies, lenders and potential guidelines from the Consumer Financial Protection Board (CFPB). While it is well documented that the CFPB is closely scrutinizing dealer and lender ... Read More »