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IRVINE, Calif. — AutoGravity named replacements for its chief executive and chief technology officer (CTO), who reportedly left about two months ago. Alex Mallmann, who most recently served as president and CEO of Mercedes-Benz Auto Finance China, replaces AutoGravity’s co-founder and CEO Andy Hinrichs, who left in May, according to the Orange County Business Journal. The ... Read More »
Read More →HOFFMAN ESTATES, Ill. and ATLANTA — CDK Global Inc. today announced it has entered into a definitive agreement to acquire ELEAD1ONE. The value of the transaction, which was unanimously approved by CDK’s board of directors, was not disclosed. The deal was first reported on Sunday by The Banks Report, which described the acquisition as checking off ... Read More »
Read More →SCOTTSDALE, Ariz. – CNA National (CNAN) has been named a leading provider for the 14th consecutive year. In the 2018 Dealers’ Choice Awards, the company earned a first-place Diamond award for “Service Contract Provider” and a second-place Platinum award for “Reinsurance Provider.” Dealers have voted the company number one every year since the competition began ... Read More »
Read More →WASHINGTON, D.C. — The Federal Trade Commission, working jointly with 12 partner agencies in seven states, conducted the first compliance sweep of car dealerships since its amended Used Car Rule took effect earlier this year, the regulator announced today. The sweep was conducted in 20 cities nationwide between April and June 2018. According to the ... Read More »
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DEARBORN, Mich. — Digital engagement provider ChannelNet has enhanced its software-as-a-service (SaaS) platform with advanced personalization features that help companies streamline business-to-business (B2B) marketing, sales and customer service functions in a secure, real-time online portal, the company announced. ChannelNet’s highly scalable, patented SiteBuilder software platform now offers an advanced integrated portal that enables companies to operate more efficiently ... Read More »
Read More →AUBURN HILLS, Mich. — Fiat Chrysler Automobiles has introduced a new program aimed at identifying, developing, and placing dealer candidates as it works to strengthen and enhance its U.S. dealership network. The Dealer Market Investment Program will cultivate and provide financial support to proven, high-potential individuals who want to operate a Chrysler-Dodge-Jeep-Ram or Alfa Romeo-Maserati dealership but have limited ... Read More »
Read More →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 »
Read More →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 »
Read More →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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