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SOUTHLAKE, Texas – Intersection Technologies Inc. – F&I Express® has added American Guardian Warranty Services (AGWS) to its aftermarket F&I eContracting platform. AGWS is an innovative provider of administration services for dealers and marketers offering vehicle service agreements, limited warranties and a variety of environmental and aftermarket products across the United States. Formed in 1998, ... Read More »
Read More →COLLEYVILLE, Texas – The Association of Finance & Insurance Professionals (AFIP) is offering Industry Summit attendees a $100 discount if they register for the pre-Summit certification Boot Camp by August 15. The two-day intensive training session, slated for Sunday, Sept. 7, and Monday, Sept. 8, at the Paris Las Vegas Hotel, will culminate in the ... Read More »
Read More →NAPA, Calif. – AUL Corp., America’s largest national provider of used vehicle service contracts, has been awarded Gold in the Service Contract Provider category for the 2014 Dealers’ Choice Awards by Auto Dealer Monthly magazine. “It is a tremendous honor to receive this award. It speaks to the high level of service we strive to ... Read More »
Read More →MCLEAN, Va. — Gannett Co. has signed a definitive agreement to acquire full ownership of Cars.com for $1.8 million in cash. Under this agreement, Gannett will acquire the remaining 73% interest in the company from Classified Ventures LLC, which owns Cars.com. The publishing company also announced plans to create two publicly traded companies: one exclusively ... Read More »
Read More →NEW YORK — In the second quarter, Ally Financial Inc.’s auto franchise posted its second highest level of consumer auto originations in its history. The feat was driven by record decision applications and used-vehicle originations. Consumer financing originations totaled $10.9 billion for the quarter, up 11% year over year. The originations were comprised of $4.7 ... Read More »
Read More →General Motors Co. must turn over documents related to its subprime auto-lending under a subpoena issued by the U.S. Justice Department, the Detroit auto maker disclosed in a regulatory filing Monday, reported The Wall Street Journal. GM’s car-financing unit said it received the subpoena July 28 in connection with a federal investigation of subprime auto ... Read More »
Read More →McLEAN, Va. – NADART and the Illinois Automobile Dealers Association (IADA) announced today a new strategic partnership. As IADA’s preferred retirement plan provider, NADART will provide customized retirement plans to its member dealers and dealership employees, according to NADA. “We are excited to partner with NADART,” said IADA President Peter Sander. “Together we share a ... Read More »
Read More →SCHAUMBURG, Ill. – American Auto Guardian, Inc. (“AAGI”) is pleased to announce that Nicholas Angelides has joined its sales team as Central Regional Vice President. Nick received his bachelor’s degree in Business Administration, Economics from Florida Atlantic University. During college and after graduation, Nick worked at Nation Safe Driver, as an independent account executive, where ... Read More »
Read More →FORT WAYNE, Ind. – VisionMenu has integrated Portfollio and Wise F&I it’s to vRate™ for its electronic menu. vRate™ is an unprecedented “new feature” of VisionMenu which allows the user to rate multiple providers and multiple products simultaneously. vRate™ is a “direct to the provider” electronic rating tool that will populate all of the rates ... Read More »
Read More →SCOTTSDALE, Ariz. – CNA National is pleased to announce that, effective July 7, Ted Twombly has joined the sales team as regional vice president. “Ted brings to CNAN a wealth of experience in the automotive industry, having spent significant time with both dealerships and a service contract company,” says Alan Miller, senior vice president of ... Read More »
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