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SANDY, Utah — Larry H. Miller Groups of Companies will now offer its in-house F&I products to dealerships across the U.S. through its new captive finance administrator, Total Care Auto (TCA). Last week, the dealer group announced that Bryant Henrie, the president of its captive finance arm, Prestige Financial Services Inc., will step into the ... Read More »
Read More →WEST WHITELAND, Pa. — An auto dealer who was arrested in November for fraud offenses is facing additional charges after Pennsylvania State Police investigators uncovered several other alleged victims, Mainline Media News reports. David C. Coughlin was initially charged with selling a woman’s 2012 Porsche 911 Turbo on consignment for $80,000 and keeping the money ... Read More »
Read More →PAUL, Minn. — Minnesota Attorney General Lori Swanson’s lawsuit against EFG Companies regarding its direct-to-consumer sales of vehicle service contracts was dismissed on Dec. 24, 2014, 90 days after it was filed in the Fourth Judicial District Court. On Sept. 24, 2014, the attorney general charged the F&I product provider with violating three consumer-protection laws ... Read More »
Read More →DETROIT — Ally Financial has added new training courses to its Performance Development Center, further expanding the scope of its educational offerings for dealers. The new courses address important topics like selling skills, customer loyalty and retention, social media marketing, F&I management and compliance education. Course content leverages nearly 100 years of Ally’s auto industry ... Read More »
Read More →STRONGSVILLE, Ohio — National Automotive Experts / NWAN is excited to announce the completion of their new 34,000-square-foot office complex. The new building, owned by the company, replaces a 24,000-square-foot office the firm previously leased a block down the street. “The move was totally crazy,” Kelly Price, president of National Automotive Experts / NWAN, “When ... Read More »
Read More →ATLANTA, Ga. – EasyCare, the leading independent provider of automotive ownership benefits, has partnered with world renowned speaker and leadership/management trainer Dave Anderson and his Dave Anderson’s LearnToLead® program to deliver Dave’s impactful message to the EasyCare dealer network. Through the partnership, EasyCare’s national team of dealership training professionals will have complete access to all ... Read More »
Read More →Austin, Texas – RoadVantage, a leading provider of progressive F&I programs for the automotive industry, today announced True Coverage, a fresh approach to F&I that simplifies contract language and dramatically reduces the exclusions that typically cause claims headaches for dealerships and their customers.
Read More →Fiat Chrysler Automobiles Chief Executive Sergio Marchionne said his company is in talks with other automakers to share the costs of developing new vehicles and technology, particularly to cut greenhouse gas emissions, and called on the United States to ease fuel economy targets for 2025, reported Reuters. “I think (automakers’) costs … (are) well in ... Read More »
Read More →General Motors Co is open to working with Google Inc on developing self-driving car technology, the chief technology officer for the U.S. automaker said on Monday, reported Reuters. “I’m not in charge of deciding what we will and won’t do, but I’d say we’d certainly be open to having a discussion with them,” Jon Lauckner ... Read More »
Read More →BANDON, Ore. — CNW Research used an interesting analogy to describe its expectations for 2015 sales, a year in which it believes factors like fuel prices could tip sales either way. “It’s called ‘hard pan,’ and in some parts of the country, it is just below the surface. Dry, it feels like rock, but when ... Read More »
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