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P&A Leadership Summit 2015: Register Now & Save!

Hello, and welcome to the 2015 P&A Leadership Summit! I’m Kate Spatafora. This year’s event will be held September 9th – 10th at Paris Las Vegas. This is the only event designed by and for leaders in the P&A industry. David Trinder of F&I Administration Solutions and the advisory board, which includes executives from the ... Read More »

Penske Appoints New CFO

BLOOMFIELD HILLS, Mich. — Penske Automotive Group Inc. has announced that J.D. Carlson, the company’s senior vice president and corporate controller, has been named executive vice president and CFO, effective immediately, reports F&I and Showroom. Carlson replaces David K. Jones, who has resigned from his role as executive vice president and chief financial officer to ... Read More »

BB&T Switching to Flat Fee Compensation Model

GREENSBORO, N.C. — BB&T Bank’s dealership finance arm, BB&T Dealer Finance, announced today that it will be switching to a flat fee compensation model that eliminates dealer markups on retail installment sales contracts, reports F&I and Showroom. Some of the bank’s dealer clients believe the move was motivated by the Consumer Financial Protection Bureau (CFPB)’s ... Read More »

CFPB Sues Auto Lender for Aggressive Debt Collection Tactics

WASHINGTON D.C. — The Consumer Financial Protection Bureau (CFPB) has sued auto finance source Security National Automotive Acceptance Company (SNAAC) for aggressive debt collection tactics against military service members, reports F&I and Showroom. The CFPB charged the company with using illegal threats and deceptive claims in order to collect debts. It is seeking compensation for ... Read More »

Service Group Tabs Dupaquier as Director of Training Center

AUSTIN— Service Group announced today that F&I trainer and automotive expert Tony Dupaquier will lead the company’s national training center, called The Academy. He will teach classes and develop the school’s curriculum and marketing outreach, reports F&I and Showroom. “We are very excited to add Tony D to our training team,” says Matt Woods, director ... Read More »

Confident Financial Solutions Appoints VP of National Sales

BOULDER, Colo. — Confident Financial Solutions (CFS), a developer of financial solutions for automotive service centers and their customers, has announced that it has appointed Dan Beres as vice president of National Sales, reports F&I and Showroom. Beres joins an existing group of highly experienced professionals in the automotive industry and brings his expertise to ... Read More »

NADA Chairman to Headline Industry Summit

LAS VEGAS — Organizers of the annual P&A Leadership Summit have announced that Bill Fox, 2015 chairman of the National Automobile Dealers Association (NADA), will deliver the evening keynote address at this year’s Industry Summit, which will be held Sept. 8–10, 2015, at Paris Las Vegas. Attendees who register for the P&A Leadership Summit are ... Read More »

RoadVantage Unveils "Total Solution" to Drive Dealership Profits

AUSTIN – RoadVantage, the fastest-growing provider of F&I programs for the automotive industry, today announced a new initiative aimed at helping dealerships increase profits on retails sales and lease programs through a single customizable F&I product bundle. “The ‘Total Solution’ offers three bundle choices, tailored for either retail or lease customers – on a single ... Read More »

IAS Names New Regional Sales Manager

AUSTIN – IAS, a leading provider of F&I solutions to automobile dealerships, today announced the addition of Sean Dawson as a Regional Sales Manager. In his role, Sean will work with the company’s nationwide network of General Agents to apply his strategic business knowledge and dealership experience to help them grow their business. Prior to joining ... Read More »