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March 13, 2012

Industry Veteran Ron Fortt Launches Consulting Company

Retail automotive industry veteran Ron Fortt announced the launch of Automotive Retail Solutions, an independent consulting and training company providing products and services to the automotive industry.

Tags: Automotive Retail Solutions, business development center, extended warranties, parts and service, service contracts, training, windshield protection

February 7, 2012

Dimension, NASC Announce Merger

Dimension Service Corp. (DSC) and National Administrative Service Co. (NASC) announced the merging of their two companies to form Allegiance Administrators LLC.

Tags: Allegiance Administrators, Dimension Service, National Administrative Service, service contracts, underwriting and collections, vehicle maintenance

November 17, 2011

New F&Idol Videos Available Now

The magazine has posted new video footage of the five F&Idol category winners running through their product pitches.

Tags: F&I products, GAP, key replacement, service contracts, tire and wheel, training, vehicle theft

October 18, 2011

Vets-Cars Launches Service Contract for Service Members

Vets-Cars Group has introduced the Vets-Shield Command Care, a service contract geared toward active and former military personnel and their families.

Tags: military, service contracts, Vets-Cars, Vets-Shield Inc.

October 6, 2011

G.P. Anderson Named 2011 F&Idol Winner

Readers of F&I and Showroom voted Greg Paul “GP” Anderson the winner of the magazine’s inaugural F&Idol contest. The F&I manager for Thielen Motors, Park Rapids, Minn., was honored during a special ceremony at the publication’s Industry Summit 2011.

Tags: FandIdol, GAP, Industry Summit 2011, key replacement, service contracts, tire and wheel, training, vehicle theft

September 27, 2011

VSC Refund Provider in Jeopardy

The North American Dealer Co-Op (NADC), which came to the aid of automotive dealers when another guaranteed refund program folded over the summer, is now in danger of losing its own 17-year-old program.

Tags: NADC, North American Dealer Co-Op, service contracts, Signet Financial Group

August 18, 2011

Charter Warranty Adds Product Funding Option

Vehicle service contract provider Charter Warranty has announced the launch of “Save-A-Deal,” a new program designed to offer dealers a new option for financing F&I products.

Tags: Charter Warranty, F&I products, service contracts

August 8, 2011

The Warranty Group, Lithia Motors Extend Service Contract Deal

The Warranty Group Inc. announced that Lithia Motors has extended its agreement with the F&I product provider and will continue offering The Warranty Group’s service contract offerings.

Tags: F&I products, Lithia Motors, service contracts, The Warranty Group

August 8, 2011

F&I Express adds Protective to e-Contracting Platform

Protective Life’s vehicle service contracts and GAP will be available through Intersection Technologies’ e-contracting platform.

Tags: E-CONTRACTING, GAP, Protective, Protective Asset Protection Division, Protective Life Corporation, service contracts

July 26, 2011

JM&A Group Launches Term Care Select

JM&A Group’s new Term Care Select program offers lease customers and short-term vehicle owners premium mechanical failure protection and wear-and-tear protection.

Tags: JM&A Group, service contracts, vehicle maintenance

July 15, 2011

GWC Warranty, Southern Auto Finance Announce Partnership

GWC Warranty Corporation (GWC) and Southern Auto Finance Company (SAFC) will offer GWC vehicle service contracts and GAP through SAFC dealers.

Tags: GWC Warranty Corporation, service contracts, Southern Auto Finance Company

July 12, 2011

Missouri Gov. Signs Service Contract Law

Aimed at telemarketers of vehicle service contracts, Senate Bill 132 was signed into law last week and will provide further oversight on service contract sales in Missouri.

Tags: extended warranties, LEGAL, legislation, service contracts, US Fidelis

July 11, 2011

AutoMD.com: Longer Ownership May Not Translate Into More VSC Sales

The AutoMD.com report indicated that extended vehicle ownership is becoming a more common habit regardless of where the economy is in its recovery.

Tags: AutoMD.com, service contracts, vehicle maintenance

July 11, 2011

Eos Group Supplying VSCs to Tuttle-Click Dealerships

Eos Group Inc. will bring it’s extended vehicle service contracts to Tuttle-Click Automotive Group’s customers in Southern California and Arizona.

Tags: California, Eos Group, service contracts, Tuttle-Click Automotive Group

July 5, 2011

NADA Report: F&I Income Up 15 Percent Over 2010

Aftermarket income rose in 2010 with a 15 percent increase in F&I dollars and a 7 percent increase in service contract dollars from 2009, according to the National Automobile Dealers Association's 2011 NADA Data report.

Tags: aftermarket income, F&I income, NADA, service contracts

June 17, 2011

US Fidelis Owners Indicted on Multiple Felony Charges

Brothers Darain and Cory Atkinson, founders of now-bankrupt extended service contract company US Fidelis, were charged with multiple felonies, including unlawful merchandising practices, stealing and insurance fraud.

Tags: extended warranties, FRAUD, service contracts, US Fidelis

May 10, 2011

AUL Corp. Partners With OptionSoft Technologies

AUL Corp., a provider of service contracts for used vehicles, has formed an agreement with OptionSoft Technologies, a provider of automotive software solutions. The goal of the partnership is to allow both companies to continue offering their dealer networks the most advanced electronic business solutions.

Tags: AUL Corp., F&I products, service contracts

May 10, 2011

Signet Folds, Dealers on Hold

Dealers, consumers and state regulators want to know the whereabouts of Greg Lehmann and his Signet Financial Group. The Vacaville, Calif.-based F&I product provider, which offered a service-contract refund agreement, closed its doors without notice in late March, leaving consumers with a lot of questions and dealers without answers.

Tags: service contracts, Signet Financial Group

April 27, 2011

EasyCare Partners With Jeff Cowan’s Pro Talk on Service Drive Training

EasyCare and Jeff Cowan have partnered to bring his Pro Talk sales training and consulting to more than 2,000 EasyCare dealers across the country.

Tags: EasyCare, parts and service, service contracts, training

April 25, 2011

CNA Voted Top Reinsurance Provider in Dealers' Choice Awards

For the seventh consecutive year, CNA National Warranty Corporation (CNAN) has earned a Diamond Award in the Dealers’ Choice Awards, according to Auto Dealer Monthly magazine.

Tags: CNA National, service contracts

April 19, 2011

Allstate Dealer Services to Use Allstate Brand for F&I Products

Allstate Dealer Services (ADS) today announced plans to brand its F&I products with the Allstate name.

Tags: Allstate Dealer Services, ancillary products, GAP, service contracts

April 11, 2011

JM&A Group Earns Top Service Contract Provider Award

JM&A Group was named the recipient of the Gold Award in the Service Contract Provider category of the Auto Dealer Monthly 2011 Dealers’ Choice Awards.

Tags: JM&A Group, service contracts

February 11, 2011

Warrantech and Volvo Ink Vehicle Service Contract Deal

Warrantech Corporation has signed a three-year contract to serve as Volvo Cars North America LLC’s factory-authorized OEM service contract administrator for new and used Volvo cars and light trucks.

Tags: service contracts, Volvo, Warrantech Corporation

January 3, 2011

GWC Warranty, Tidewater Forge Partnership

GWC Warranty Corporation (GWC), a provider of service contracts to independent and franchised dealers, and Tidewater Motor Credit (TMC), a subprime auto finance lender, have formed a new partnership.

Tags: pre-owned customers, service contracts, subprime

January 3, 2011

Fortegra Financial Acquires Auto Knight Motor Club

Fortegra Financial Corporation has acquired the Palm Springs, Calif.-based Auto Knight Motor Club Inc.,

Tags: Fortegra Financial, service contracts, tire and wheel

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