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F&Iby StaffJune 21, 2016

Former Credit Union CEO Charged With Fraud

The former CEO of Valor Federal Credit Union was charged with executing a scheme to defraud the credit union of approximately $718,000 to pay for his personal credit card, college tuition, his wife's birthday party, and a golf tournament sponsorship.

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F&Iby StaffJune 21, 2016

NIADA's New President Begins Term

The National Independent Automobile Dealers Association (NIADA) presented Billy Threadgill with its President’s Ring and officially opened his term as president during the National Leadership Awards Banquet at the association's 70th annual convention and expo.

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Digitalby StaffJune 21, 2016

Former Redbox Exec Joins Cars.com

Cars.com named Tony Zolla as its chief product officer. The former vice president of product and customer experience for Redbox will be responsible for defining the company’s product strategy for consumers and customers.

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F&Iby StaffJune 20, 2016

American Financial Wins Two Dealers’ Choice Awards

American Financial & Automotive Services Inc. received two 2016 Dealers’ Choice Awards. The company received a Diamond award in Compliance Training and a Platinum award in F&I Training.

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F&Iby StaffJune 16, 2016

RouteOne Adds to Executive Team

RouteOne has added Chris Irving to its executive team, appointing the eight-year company veteran to chief technology officer. He assumes responsibilities held by Justin Oesterle, who was named CEO of the firm on June 3.

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Digitalby StaffJune 16, 2016

Former Global BMW Executive Joins motormindz

Alan Harris, who most recently served as CEO of BMW in Malaysia, has joined motormindz as a senior partner. He will help lead the global assessment and implementation of solutions and technologies aimed at solving challenges across the automotive vertical.

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F&Iby StaffJune 16, 2016

Quantech Software Adds New Features to Q-F&I Online Product

Quantech Software Inc, a developer of dealer management tools, has added new features — including the entire suite of Q-Menus features — to its Q-F&I Online product.

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Digitalby StaffJune 16, 2016

Independent Dealers Bearish on Market, Customer Traffic, Survey Shows

According to the latest NIADA Business Confidence survey, dealer outlook for Q3 retail sales growth was less optimistic than growth expectations for the second quarter, although there was an uptick in the number of respondents who thought sales would remain the same.

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F&Iby StaffJune 16, 2016

GWC Warranty Upgrades Pre-Owned Coverages

The company is now offering exclusionary coverage on vehicles with starting mileage as high as 150,000 miles. In addition,GWC stated that it is introducing new exclusionary terms of three and six months to provide dealers with more coverage options that rival factory warranties.

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F&Iby StaffJune 16, 2016

Reynolds and Reynolds Releases LAW Idaho F&I Library

This week, the Reynolds and Reynolds Co. released the Reynolds LAW Idaho F&I Library, a suite of standardized, legally reviewed F&I documents for the franchised new vehicle dealers in the state of Idaho.

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