News

Harkins Returns as PALS Emcee

LAS VEGAS — Organizers of the annual P&A Leadership Summit have announced that Robert Harkins will once again serve as master of ceremonies for the 2015 event, which is scheduled for Sept. 8–10 at Paris Las Vegas. “Bob Harkins is a man of many talents, but his energy and genuine affection for our industry make ... Read More »

NADA’s Koblenz Joins Industry Summit Roster

LAS VEGAS — Organizers of the annual P&A Leadership Summit have announced that Andy Koblenz, executive vice president of legal and regulatory affairs for the National Automobile Dealers Association (NADA), will deliver a keynote address at Industry Summit 2015, which will be held Sept. 8–10 at Paris Las Vegas. Attendees who register for the P&A ... Read More »

F&I Administration Welcomes Aegis Powersports to SCS Auto Platform

CHICAGO – F&I Administration Solutions LLC (F&I Admin), North America’s leading provider of software solutions for the administration of automotive F&I products, has announced that Aegis Powersports will utilize F&I Admin’s SCS Auto platform for the administration of its F&I products. Aegis Powersports was launched in December 2014 as a division of Aegis Specialty Insurance Services, ... Read More »

Protective Asset Protection Receives 2015 Dealers’ Choice Award

CHESTERFIELD, Mo. – Protective Asset Protection has been voted the 2015 Dealers’ Choice Platinum Vehicle Service Contract provider by automotive dealership personnel as part of the annual awards by industry trade publication, Auto Dealer Monthly. The Dealers’ Choice Awards recognize the automotive industry’s leading product and service providers. Voting is exclusive to dealers and dealership ... Read More »

Hudson Cook, LLP Adds Rebecca E. Kuehn as Partner

HANOVER, Md. – Hudson Cook, LLP, a nationwide provider of legal compliance services for the financial services industry, announces the addition of Rebecca E. Kuehn as a partner in its Washington, D.C. office. With over 15 years of experience in consumer financial services and consumer protection matters, Becki counsels financial institutions, consumer reporting agencies, service providers, ... Read More »

Nominations Ending Soon!

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 »