| RoadVantage Extends Coverage Terms on F&I Offerings |
Jan 29th, 2014 |
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The F&I product provider is now offering coverage terms of up to seven years on its full line of ancillary products.
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| GM Selects Hill as Vice President of U.S. Sales, Service |
Jan 29th, 2014 |
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General Motors has selected Steve Hill to succeed Alan Batey as vice president of U.S. sales and service. The company also announced that Tim Turvey will lead the customer care and aftersales organization.
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| The Warranty Group, Safe-Guard Extend Underwriting Agreement |
Jan 29th, 2014 |
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Under the agreement, The Warranty Group will continue providing underwriting and actuarial services to Safe-Guard Products International through its wholly-owned subsidiary, Virginia Surety Company Inc.
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| MPi Changes Name to AutoPoint |
Jan 29th, 2014 |
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Under the new name, the company will place greater focus on automotive service. The company also announced it will be consolidating five of its offices into a single facility in February.
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| Don Bonano Joins AAGI |
Jan 29th, 2014 |
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Don Bonano has joined AAGI’s sales team as Eastern regional vice president. He previously served as a senior account manager for Nation Safe Drivers.
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| DOJ Charges N.C. Dealers With Credit Discrimination |
Jan 29th, 2014 |
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A joint complaint filed in North Carolina alleges buy-here, pay-here dealerships targeted African-American customers for unfair and predatory credit practices that violated federal and state law.
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| Safe-Guard Opens Calif. Office |
Jan 29th, 2014 |
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Safe-Guard’s new office in Irvine, Calif., will allow the company to grow its training capacity and support West Coast partners in training initiatives through Safe-Guard University.
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| Lithia Headquarters Awarded Silver LEED Certification |
Jan 29th, 2014 |
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The building housing Lithia Motors’ headquarters was awarded Silver LEED Certification by the U.S. Green Building Council. The building, completed in August 2012, contains environmentally-sustainable building products, furniture and furnishings.
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| Below-Prime Car Buyers Less Loyal Than Average Car Buyers |
Jan 29th, 2014 |
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A new brand loyalty report from CarFinance.com found that below-prime car buyers are less loyal than the average car buyer. Kia topped the list of brands this group is most loyal to.
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| NADA Defends In-Dealership Financing |
Jan 29th, 2014 |
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David Westcott, 2013 NADA Chairman, told attendees of the NADA Convention and Expo that the CFPB’s effort to coerce the industry into adopting flat fees will harm competition and the car buying public.
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