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Robert Glaser to retire at year’s end, and John Policastro to step into role.
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CHERRY HILL, N.J. — TD Auto Finance today announced the national expansion of TDAF Commercial Services, which leverages TD Bank N.A. to provide floorplan financing and commercial lines of credit to automotive dealerships. “We are incredibly excited to continue growing our commercial business,” said TDAF President and CEO Andrew Stuart. “This decision signifies TD’s strong ... Read More »
Read More →CHICAGO — Innovative Lending Solutions LLC announced the release of Stip Trac, an automotive loan management system designed to help dealers track cash flow, collecting necessary loan documents, or stips, and keeping an open communication line with car buyers before and after their purchase. Stip Trac features a dashboard that allows users to track cash owed ... Read More »
Read More →NORCROSS, Ga. — April 6, 2017 — Covideo (a division of EasyCare) has appointed Mike DeLong to the position of Vice President, heading the company’s Dealer Services division. DeLong is a 30-year industry veteran who has been with Covideo since 2007. “Mike has been critical to our success and growth over the last ten years,” ... Read More »
Read More →AUSTIN – RoadVantage, the fastest-growing provider of F&I programs for the automotive industry, today announced the launch of a cutting-edge dealership training program that has been optimized to help dealerships sell to today’s Internet-educated shoppers. “Today’s dealership customers are a new breed of savvy – their shopping habits have evolved radically in the last decade,” said ... Read More »
Read More →DALLAS, TX – EFG Companies, the innovator behind the award-winning Hyundai Assurance program, announced today the launch of a 1,000,000 Mile Limited Powertrain Protection program for motorcycles. This program is designed to foster increased customer loyalty, referrals, and unit sales by addressing pressing motorcycle consumer needs. While the powersports industry is currently experiencing a period of ... Read More »
Read More →HOUSTON, TX — On Tuesday, F&I product provider GSFS Group launched a new centralized online performance reporting tool for F&I products called Dealer Executive Dashboard. It’s designed to help users update income strategies and improve profitability. The online data solution provides dealers and agents with access to extensive claims analytics, customer retention data, performance reports, ... Read More »
Read More →LAS VEGAS — Andy MacKay, executive director of the Nevada Franchised Auto Dealers Association (NFADA), will deliver the welcome address at the upcoming Compliance Summit, organizers announced Monday. The event will be held Aug. 29–30, 2016, at Paris Las Vegas as part of the annual Industry Summit. MacKay’s address, “The Dealer’s Voice: Trade Associations on ... Read More »
Read More →DETROIT — When it comes to choosing lender partners, dealers value the type of relationship they have with their finance sources over the speed of their services, according to J.D. Power’s 2016 U.S. Dealer Financing Satisfaction Study. Jim Houston, senior director of the automotive finance practice at J.D. Power, said finance sources need to shift from ... Read More »
Read More →TARPON SPRINGS, Fla. — The publishers of Agent Entrepreneur are accepting nominations for “Women in the Industry,” a cover story that will honor hardworking and successful women in the dealership, agency and F&I product provider and administrator segments. “In what many still regard as a male-dominated industry, countless strong, smart, industrious women have reached the ... Read More »
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