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F&I product provider to buy rival in cash deal

F&I product provider to buy rival in cash deal, from Automotive News. AmTrust Financial Services Inc. said last week it has agreed to buy Warranty Solutions, owned by Wells Fargo, for $152 million in cash. The deal is expected to close in the thi
May 15, 2015

AutoNation launches private-label products

AutoNation launches private-label products, from Automotive News. AutoNation Inc. will start selling self-branded service contracts in 50 Texas stores this month, in a move that begins the retailer’s nationwide launch of private-label finance a
May 15, 2015

Increasing Recall Compliance Efforts Gets Political

Increasing Recall Compliance Efforts Gets Political, from Automotive Digital Marketing. A recent article on The Hill.com detailed how the Alliance of Automobile Manufacturers is teaming up with a Republican pollster to survey Americans on why they
May 15, 2015

Lowering Workers’ Compensation – How to use Safety and Compliance Software to Protect Your Dealership and Employees while Decreasing Insurance Rates

Lowering Workers’ Compensation – How to use Safety and Compliance Software to Protect Your Dealership and Employees while Decreasing Insurance Rates, from NCM Institute. Workers’ Compensation insurance was designed to ensure adequate employee r
May 15, 2015

Study Looks at Easing Car Dealership F&I Pain Points

Study Looks at Easing Car Dealership F&I Pain Points, from Wards Auto. Auto shoppers seem conflicted in their perception of finance and insurance products and how dealerships sell them, according to a survey focusing on easing pain points. More t
May 15, 2015

CFPB plays up auto finance complaints

CFPB plays up auto finance complaints, from Automotive News. A new report released by the Consumer Financial Protection Bureau covering more than three years of complaints by military service members shows that although gripes about auto loans were a
May 15, 2015

Federal Trade Commission Crack Down – Are you in Compliance?

The Federal Trade Commission (FTC) and other government entities have taken an increased interest in dealership practices and have intensified enforcement and arrests over the past 16 months. They have specifically focused on deceptive and illegal pr
May 14, 2015

Ally Replaces Mitsubishi’s Captive Lender

Ally Replaces Mitsubishi’s Captive Lender, from WardsAuto. Broadening an existing relationship, a new agreement brings all of Ally’s financial products and services to the automaker’s nearly 380 U.S. dealers. Ally Financial will become the pr
May 8, 2015

New F&I Solution for High-Mileage Vehicles

New F&I Solution for High-Mileage Vehicles, from Providers & Administrators. OAKBROOK TERRACE, Ill. — Warranty Alternatives has announced the nationwide rollout of Universal Repair Coverage (URC), a new entire-vehicle coverage option for hi
May 8, 2015