Finance Office

1  -  25  of  846

September 22, 2017 - Industry News

Dealers More Optimistic About Used Car Market vs. New

Photo via order_242/Wikimedia (Creative Commons)

Sentiment speaks to recent auto finance data showing prime and superprime car buyers shifting toward used, where the average monthly payment was $139 less than the record $504 average monthly payment for new in the second quarter.

Tags: auto finance, Cox Automotive, Experian Automotive, new-vehicle sales, used-vehicle sales

September 22, 2017 - Industry News

SouthwestRe, DAC Sold to Canada's Largest Publicly Traded Company

iA Financial Group, one of the largest life and health insurance companies in Canada, has signed an agreement to acquire shares of third-party administrator SouthwestRe and its insurance arm, Dealers Assurance Co. The acquisition is expected to more than double the firm’s vehicle warranty business.

Tags: Dealers Assurance Company, F&I products, iA Financial Group, Jim Smith, reinsurance, SouthwestRe, vehicle service contracts

September 21, 2017 - Industry News

GWC Warranty Names New Chief Revenue Officer

The F&I product provider named Brian Stach to the post. The former vice president for Internet Brands will oversee all of GWC Warranty's field sales operations, including a nationwide team of area vice presidents, dealer consultants, and trainers.

Tags: F&I products, GWC Warranty, Used-Vehicle Service Contracts

September 20, 2017 - Industry News

Hyundai Capital America Partners With AutoGravity

Beginning in the state of California, financing through Hyundai Capital America is now accessible to AutoGravity users searching for financing for Hyundai, Kia or Genesis.

September 20, 2017 - Industry News

RoadVantage’s New Preferred LeaseCare Combines Active Protection With Lease-End Benefit

The new program combines the ‘as you drive’ benefits of the F&I product provider’s ancillary products, including dent-and-ding, windshield repair, interior/exterior repair, and key replacement, with a lease-end benefit.

Tags: dent-and-ding, F&I products, key replacement, lease, RoadVantage, windshield protection

September 20, 2017 - Industry News

Gubagoo Adds Credit Check Capability to Live Chat

Gubagoo’s new Credit Pre-Qualification feature is designed to provide dealers with rich data they can use to prequalify customers during an online chat session.

September 19, 2017 - Industry News

S&P/Experian: Auto Default Rate Registers Largest Increase Since December 2011

Despite the nine-basis-point increase, the auto loan default rate remains near levels recorded one year ago. However, declining auto sales and the normal end-of-year push to make room for newer models may encourage easier credit conditions and raise concerns about future defaults.

Tags: auto defaults, auto finance, new-vehicle sales, S&P/Experian

September 18, 2017 - Industry News

AutoGravity Wins Top Prize in F&I Digital Media Awards

Sponsored by F&I Express, the awards program is designed to honor companies and individuals driving innovation in the digital F&I space.

Tags: AutoGravity, digital retailing, F&I Digital Media Awards, online F&I

September 14, 2017 - Industry News

AutoGravity Wins Grand Prize in F&I Digital Media Awards

AutoGravity capped off its two-category win in the 2017 F&I Digital Media Awards with recognition as the contest’s Grand Prize Winner at Industry Summit.

September 14, 2017 - Industry News

ASI Raises Industry Standard With TruGAP Launch

Accelerated Service International (ASI) has launched TruGAP, a new product designed to meet customers’ expectations for coverage and value and raise the bar for GAP coverage industrywide.

September 12, 2017 - Industry News

ASI Launches Care Free VSC Program

Accelerated Service International (ASI) has launched Care Free VSC, a new program designed to benefit agents, dealers and customers with a combination of highly favorable terms and a built-in maintenance component.

September 8, 2017 - Industry News

RoadVantage Donates Free F&I Videos to the Industry

The F&I program provider released a series of non-brand-specific videos designed to raise consumer awareness about nine F&I protections and the value they provide vehicle owners. The videos can be downloaded for free and posted to a dealer’s website or played in a dealership’s waiting room.

Tags: digital marketing, F&I office, F&I process, online F&I, RaodVantage

September 8, 2017 - Industry News

Nobilis to Bring Hall of Famer ‘Pudge’ Rodriguez to Industry Summit

Ivan ‘Pudge’ Rodriguez will greet attendees and sign complimentary copies of his autobiography, ‘They Call Me Pudge,” at Industry Summit in Dallas.

Tags: Industry Summit

September 7, 2017 - Industry News

Southwest Dealer Services Acquires Wash.-based F&I Agency

Ryan Hoff, Southwest Dealer Services

Income development company SouthWest Dealer Services (SWDS) has acquired Spokane, Wash.-based Evergreen Dealer & Insurance Services (Evergreen). Financial terms of the transaction were not disclosed.

Tags: F&I products, F&I training, general agents, Southwest Dealer Services

September 7, 2017 - Industry News

AUL Promotes Bryan Nieves to Vice President of National Accounts

Byran Nieves

Aside from the promotion of Nieves, who has been with the company for more than 20 years and previously served as national accounts manager, AUL announced the promotion of Henry Paoli to national sales manager.

Tags: AUL Corp., F&I manager, F&I products, used vehicles, vehicle service contracts

September 6, 2017 - Industry News

(Video) Industry Summit 2017: Don't Miss the Who's Who in F&I

Industry Summit 2017 (Sept. 11-14) is quickly approaching. American Financial & Automotive Services' John Vecchioni, the conference’s master of ceremonies, explains why it’s the premier event in the F&I industry.

Tags: F&I managers, F&I Think Tank, Industry Summit, showroom, Vehicle Sales

September 5, 2017 - Industry News

KBB: Average New-Car Price Rises Nearly 1% in August

The average transaction price rose despite mixed results for major automakers, with Fiat Chrysler topping the list with a 6.1% year-over-year increase in the brand’s average price.

Tags: Fiat Chrysler, Hyundai, Kelley Blue Book, Kia, transaction prices

September 5, 2017 - Industry News

Alpha Warranty Honored as 11th Fastest Growing Business in Utah

Utah Business named Alpha Warranty Services to its rankings of the 50 fastest growing companies in the state, marking the company’s first entry on the coveted list.

September 5, 2017 - Industry News

Scott Painter’s Fair Launches in Los Angeles

Fair was founded last year by former TrueCar CEO Scott Painter and auto finance legend Georg Bauer. Today, the company launched its car-buying app, which allows a customer to get a pre-owned car with just a driver’s license and a bank account.

Tags: digital retailing, Fair, George Bauer, online F&I, Scott Painter, TrueCar

August 29, 2017 - Industry News

DealerSocket Hires New President and CEO

DealerSocket CEO Jonathan Ord is stepping into a new role within the company he co-founded in 2001. Replacing him as president and CEO is Sejal Pietrzak

Tags: CRM, DealerSocket, desking, digital retailing, Jonathan Ord, online F&I

August 29, 2017 - Industry News

AUL Earns Fourth Straight Best Workplace Award

AUL Corp. was named among the North Bay Business Journal’s ‘Best Places to Work in the North Bay’ for the fourth consecutive year.

August 29, 2017 - Industry News

Palmer to Tackle Soft Pull Tech at Industry Summit

ProMax Unlimited’s John Palmer will present ‘Soft Pull Technology: Best Practices for Both Digital Marketing and Showroom Traffic’ as part of the Special Finance portion of the Industry Summit agenda.

Tags: auto finance, John Palmer, lead generation, ProMax Unlimited, Soft Pull

August 29, 2017 - Industry News

Attorneys to Tackle GM Product Policy at PALS 2017

In a surprise addition to the P&A Leadership Summit agenda, Matthew Bartle and David Marcus of Bartle & Marcus LLC will address General Motors’ recent directives regarding the sale of non-OEM parts and service contracts.

Tags: Administrators, F&I product provider, F&I products, General Motors, PALS

August 28, 2017 - Industry News

NADA Mobilizes Emergency Relief Fund for Dealership Employees Impacted by Hurricane Harvey

The NADA Foundation is calling on dealers and dealer association groups to donate online to its emergency relief fund. Dealership employees affected by the flooding can apply for financial assistance.

Tags: Hurricane Harvey, NADA Foundation

August 28, 2017 - Industry News

Santander's Jason Kulas Resigns

Jason Kulas

Replacing Kulas, who was named CEO in July 2015 and president in February 2016, is Scott Powell, who will maintain his titles as CEO of Santander Holdings USA Inc. and as Santander Group's United States country head.

Tags: auto finance, compliance, Santander Consumer USA

« Previous12345678910...3334Next »