Archive | Auto Industry News

GWC Introduces Major Account Management Team

WILKES-BARRE, Pa. — Vehicle service contracts provider GWC Warranty, the best-in-class provider of used vehicle service contracts sold through automotive dealers, has announced the inception of a newly created Major Account Management Team. This new team of five highly skilled and experienced account managers will be led by Area Vice President Cynthia Bodden and will … Read More »

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F&I Dealer of the Year Nominations Now Being Accepted

TORRANCE, Calif. — F&I and Showroom is now accepting nominations for its 2018 F&I Dealer of the Year and F&I Pacesetters contest, which is being sponsored by American Financial & Automotive Services Inc. for the second year in a row. The nomination period ends Aug. 15, 2018. Now in its 17th year, the F&I Dealer of the Year and F&I Pacesetters program recognizes operations with … Read More »

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CFPB Official Who Sued Trump Resigns, Drops Suit

WASHINGTON, D.C. — Leandra English, who former Consumer Financial Protection Bureau Director Richard Cordray’s picked to succeed him as acting director, is ending her court battle to unseat Mick Mulvaney as acting head of the bureau and her employment with the embattled regulator. On Friday, English’s attorney, Deepak Gupta, posted a statement on Twitter that English is … Read More »

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AUL Brings in Assurant’s David Chang as CFO

NAPA, Calif. — Vehicle service contracts administrator AUL Corp. has appointed David Chang to the position of CFO, announced Jimmy Atkinson, the firm’s president and CEO. Chang, who brings more than 20 years of experience in corporate finance, has been recruited to prepare the firm for its next phase of growth. The appointment represents the second addition to AUL’s executive team in … Read More »

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ZERO Plan Announces New 36-Month Terms

OAK PARK, Ill. — Universal Lenders LLC, creators of the ZERO Plan and winner of a 2018 Dealers’ Choice Award for F&I Financing, announced enhanced funding guidelines to allow customers to choose up to 36 monthly installments, allowing for more affordable payments. “With credit tightening we thought this would be an excellent time to launch, … Read More »

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Hyundai Invests in Autotalks to Develop Connectivity Technology

SEOUL — Hyundai Motor has invested in AutoTalks, which specializes in the manufacturing of Vehicle to Everything (V2X) chipsets, as part of a strategic partnership to accelerate the development and deployment of the next generation chipset for connected cars. V2X technology allows vehicles to communicate with one another, with other road users and road infrastructure, … Read More »

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