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Awardsby StaffMarch 5, 2020

EFG Companies Brings Home Gold and Silver at Stevie® Awards

EFG Companies earned a Gold and Silver Award at the 2020 Stevie® Awards for Sales and Customer Service.

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Showroomby StaffMarch 5, 2020

Holman Automotive Announces Acquisition of St. Louis Motorcars

The world-class dealership is home to a diverse lineup of iconic ultra-luxury brands including Aston Martin, Bentley, Bugatti, Lamborghini, Lotus, and Rolls-Royce Motor Cars.

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F&Iby StaffMarch 5, 2020

AM Best Increases DAC’s Financial Strength Rating to “A”

AM Best has increased DAC’s Financial Strength Rating to A (Excellent).

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F&Iby StaffMarch 5, 2020

Portfolio Announces Launch of Portfolio One VSC

New vehicle service contract promises a streamlined approach to F&I sales, contracting, rating and claims.

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Showroomby StaffMarch 5, 2020

NADA: U.S. New Vehicle Sales Up 1.9% Year-Over-Year

New light-vehicle sales in February were strong, with a SAAR of 16.83 million units for the month—an increase of 1.9% compared to February 2019. Raw sales volume topped 1.3 million units, an increase of 8.4% compared to February of last year.

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F&Iby StaffMarch 4, 2020

Line 5 Introduces a New Independent Dealer Program

Line 5 Introduces a New Independent Dealer Program, the new way to finance F&I products and avoid chargebacks with no fee.

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Showroomby StaffMarch 4, 2020

Black Book Used Vehicle Retention Increases In February

Black Book released its Used Vehicle Retention Index for February 2020 (115.2), a +0.7 point change from January (114.5).

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Awardsby StaffMarch 4, 2020

KAR Announces Retirement of Remarketing Industry Legend

Tom Caruso leaves 40-Year legacy of company and industry leadership.

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Showroomby StaffMarch 4, 2020

Coronavirus Leads to Nosedive In Global Vehicle Sales

Global light vehicle sales figures from the first month of 2020 show just 6.2 million were sold in January, the lowest monthly figure since January 2012.

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F&Iby StaffMarch 3, 2020

DOWC® Introduces a Value Protect Option Contract

Dealer Owned Warranty Company has introduced a Value Protect Option Contract to preserve the trade-in value of a vehicle should it be involved in an accident.

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