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ATLANTA — Cox Automotive Inc. has voluntarily withdrawn its filing under the Hart-Scott-Rodino Antitrust Improvements Act in order to give the U.S. Department of Justice additional time to review its proposed acquisition of Dealertrack Technologies, reports F&I and Showroom. The act requires that parties to certain mergers or acquisitions notify the Federal Trade Commission and ... Read More »
Read More →ST. LOUIS — Dent Wizard International has introduced Ding Shield Drive, an appearance service plan sold through dealership service drives and body shops that is designed to protect customers’ investments and enhance customer loyalty. The Ding Shield Drive service plan covers pre-existing dents, reports F&I and Showroom Magazine. Ding Shield Drive’s coverage includes repairs for ... Read More »
Read More →Volkswagen is still looking for a successor to former chairman Ferdinand Piech, meaning the interim holder of the position, Berthold Huber, is likely to stay until at least the end of the year, reports Reuters. Following the departure of patriarch Ferdinand Piech in April, who resigned after losing a showdown with Chief Executive Martin Winterkorn, former union ... Read More »
Read More →The Big Three U.S. automakers and the United Auto Workers union will kick off bargaining Monday for new contracts that would set how much more robust, post-recession profits the industry shares with workers, and determine union costs to win more U.S. jobs, reports Reuters. UAW leaders said they will insist on raises for 139,000 blue-collar ... Read More »
Read More →Ferrari SpA, the supercar maker being spun off by Fiat Chrysler Automobiles NV, is close to filing for an initial public offering, Fiat Chrysler Chief Executive Officer Sergio Marchionne said, reports Bloomberg. “We are days away from filing the prospectus,” he told reporters Friday after a panel discussion at the Toronto Global Forum. Debt-laden Fiat ... Read More »
Read More →United Development Systems, Inc. (UDS), a Clearwater, Florida based F&I Performance firm, has announced the addition of Fernando Romani as Regional Manager. Romani will assume responsibilities for UDS Dealer Partners in the South Florida market, with a keen focus on F&I department development with current partners and market share growth through new partner acquisitions. Prior ... Read More »
Read More →LAS VEGAS – Organizers of the annual P&A Leadership Summit have announced that Brian Reed, president and CEO of F&I Express, and Mike Burgiss, founder and vice president of MakeMyDeal, a Cox Automotive company, have agreed to speak at the 2015 event, which will be held Sept. 8–10 at Paris Las Vegas. Their session, “The ... Read More »
Read More →DALLAS – F&I Express today announced it has won a prestigious “Dealers’ Choice Award” from the publishers of Auto Dealer Monthly Magazine and its sister publications F&I Magazine and Showroom Magazine. F&I Express won a Gold Award in the F&I Technology category. This is the 11th year for the Dealers’ Choice Awards, and it is the ... Read More »
Read More →LAS VEGAS — Organizers of the annual P&A Leadership Summit have announced that Jorge Gross, principal of Trivest Partners, the private equity firm that purchased National Auto Care (NAC) and Family First Dealer Services (FFDS), has agreed to speak at the 2015 event, which will be held Sept. 8–10 at Paris Las Vegas. Trivest Partners ... Read More »
Read More →Protective Asset Protection has been providing F&I solutions for the automotive industry since 1962. We proudly serve over 8,000 franchise and independent dealerships throughout the U.S. and Canada by providing innovative products, solutions and training.
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