News

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 »

Gruber to Lead Big-Data Panel at PALS

LAS VEGAS – Organizers of the 2015 P&A Leadership Summit have announced the addition of Kristen Gruber, president of Dealers Assurance Company (DAC), who will lead a panel discussion at the event, which will be held Sept. 9–10 at Paris Las Vegas. “Kristen Gruber recognizes the proliferation and aggregation of data in the providers and ... Read More »

Nomination Deadline for F&I Dealer of the Year Announced

TORRANCE, Calif. — F&I and Showroom magazine has announced the deadline to nominate dealers for its 2015 F&I and Dealer of the Year award. Nominations must be received by July 31, 2015, and the winner will be announced at this year’s Industry Summit, scheduled for Sept. 8-10 at the Paris Las Vegas Dealership employees, general ... Read More »

Industry Summit Organizers Reveal New Conference Features

TORRANCE, Calif. — Industry Summit 2015, scheduled for Sept. 8-10 at the Paris Las Vegas, will feature special lightning-round sessions that will allow attendees to discover or rediscover key features equipping today’s leading F&I tools and solutions. The new addition is part of Industry Summit’s 2015 theme: “Train. Discover. Network.” The lighting-round sessions, which will ... Read More »

Ally to Offer APR, FICO Score and Secure Email for Auto Consumers

MIAMI — Ally announced yesterday at the National Association of Minority Automotive Dealers (NAMAD) annual convention that, starting July 19, it will add customers’ annual percentage rate (APR) to their online account profiles. The finance source will provide customers with their FICO Score and has launched a secure email feature on its site to help ... Read More »

GWC Warranty Introduces iPad App for Dealers

WILKES-BARRE, Pa. — GWC Warranty, a provider of vehicle service contracts and related finance and insurance products, recently unveiled the new GWC Warranty Dealer App for iPads, reports F&I and Showroom. The app is now available in the Apple App Store. The GWC App features an educational video library, interactive coverage selection tool, real-time, reactive ... Read More »