Lombard, IL – F&I Administration Solutions, LLC (F&I Admin), North America’s leading provider of software solutions for the administration of F&I products, is pleased to welcome Dennis Maurer as the new Director of F&I Retail Solutions. Maurer joins the leadership team to increase execution velocity as F&I Admin builds and delivers a broader set of solutions to dealers ... Read More »
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October 18, 2018
ATLANTA and GRAPEVINE, Texas – Cox Automotive Inc. (CAI) today announces the acquisition of Intersection Technologies Inc. d/b/a F&I Express. F&I Express is dedicated to leading the aftermarket industry into the digital age with innovative technology solutions. The deal furthers Cox Automotive’s mission to transform the way the world buys, sells, owns and uses cars. Both ... Read More »
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October 3, 2018
ORLANDO, Fla. — Highlights of the upcoming P&A Leadership Summit include three panel discussions targeting matters of immediate concern for executives and thought leaders working in the highest levels of the F&I industry. The two-day event, which is co-located with the annual Industry Summit, will begin Tuesday, Oct. 9, at the Caribe Royale Orlando in Orlando, Fla. On ... Read More »
The post PALS Panels to Tackle GAP, Reinsurance, Online Claims appeared first on P&A Magazine.
October 3, 2018
September 27, 2018
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September 26, 2018
September 25, 2018
ORLANDO, Fla. — Organizers announced that StoneEagle CEO Cindy Allen will deliver the luncheon keynote address to a combined audience of Industry Summit and P&A Leadership Summit attendees in Orlando next month. The co-located events will be held at the Caribe Royale Orlando in Orlando, Fla., Oct. 8–10. Allen’s address, “No Human Necessary: Emerging Tech and Impactful Trends,” will ... Read More »
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September 20, 2018
ORLANDO, Fla. — The $100 “early-bird” discount for P&A Leadership Summit attendees ends at midnight tomorrow, Sept. 20, organizers announced. The event will be held Oct. 8–10, 2018, at the Caribe Royale Orlando in Orlando, Fla., co-located with the annual Industry Summit. PALS is the only event designed by and for executives and thought leaders in the ... Read More »
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September 19, 2018
September 18, 2018
ORLANDO, Fla. — Organizers of the annual P&A Leadership Summit announced that Lee Bowron of Kerper and Bowron and Allstate Dealer Services’ Ben Woods will team up to present a session dedicated to rising GAP losses at the 2018 event. Co-located with the annual Industry Summit for the sixth consecutive year, PALS will be held Oct. 8–10 at the ... Read More »
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September 14, 2018
ORLANDO, Fla. — David Pryor, CMO of Safe-Guard Products International, will tackle the subject of digital retail in a general session for P&A Leadership Summit and Industry Summit attendees in Orlando next month, organizers announced. The events will be held Oct. 8–10 at the Caribe Royale Orlando, with Pryor set to take the stage at 4:20 p.m. on Wednesday, Oct. ... Read More »
The post Are We There Yet? Pryor to Go Digital at Industry Summit, PALS appeared first on P&A Magazine.
September 13, 2018
NORTH HILLS, N.Y. — Subprime finance source Regional Acceptance Corp. (RAC) today announced it has selected Dealertrack Accelerated Title to handle its payoff and title release process for dealers accepting cars in on trade. Regional Acceptance officials said the finance source chose Dealertrack’s Accelerate Title to “maximize internal efficiencies, reduce processing costs, and provide dealers ... Read More »
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September 13, 2018
HOFFMAN ESTATES, Ill. and SAN JOSE, Calif. — CDK Global announced on Tuesday that startup AutoFi has agreed to consume digital retailing application programming interfaces (APIs) from the Fortellis Automotive Commerce Exchange platform. The company also confirmed that Equifax Inc., one of the inaugural publishers on Fortellis, will publish additional APIs for the open, secure and accessible global network for the ... Read More »
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September 13, 2018
ATLANTA — Lower vehicle density will spare Hurricane Florence-affected areas from tallying total losses approaching those seen in Texas and Florida during last year’s hurricane season, predicted Jonathan Smoke, chief economist for Cox Automotive. In a statement released at noon ET yesterday, Smoke acknowledged the “hard reality” of significant flooding and property loss faced by ... Read More »
The post Carolina Dealers Face Florence Losses appeared first on P&A Magazine.
September 12, 2018
ATLANTA — Total outstanding auto portfolio balances reached $1.27 trillion through May, the first time balances have surpassed $1.25 trillion, according to Equifax. That’s despite finance sources continuing to pull back from the high-risk tiers. On a year-to-date basis through May, the auto finance industry originated 10.2 million auto loans during through May totaling $230 ... Read More »
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September 11, 2018