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F&Iby StaffNovember 18, 2014

Preferred Warranties Names New President

Brian Cosgrove was promoted to president of Preferred Warranties Inc. He brings nearly 30 years of experience to his new role.

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Complianceby StaffNovember 13, 2014

Inaugural Compliance Summit a Hit

Organizers of Compliance Summit 2014 said the inaugural event drew a large, engaged crowd to the Seminole Hard Rock Hotel and Casino in Hollywood, Fla., this week. The next regional event is slated for early next year in Texas.

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Auto Financeby StaffNovember 13, 2014

Perella Weinberg to Merge Subprime Finance Companies

CarFinance Capital and Flagship Credit Acceptance will be merged into one subprime auto finance source. The combined company, which will be managed Flagship CEO Michael Ritter, will have total assets in excess of $2 billion.

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Auto Financeby StaffNovember 13, 2014

Westlake Financial to Open Texas Production Center

Westlake Financial Services has announced plans to open a new production center in Dallas to provide improved servicing for current dealerships and increase the finance source's dealer network.

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F&Iby StaffNovember 13, 2014

Manheim Names Savage General Manager of Detroit Facility

Mandy Savage, who previously served as assistant general manager at Manheim Palm Beach, was promoted to general manager of Manheim Detroit

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Complianceby StaffNovember 13, 2014

Two Georgia Dealerships Shut Down for Odometer Tampering

A father and son were arrested and their two dealerships were closed after police began pursuing racketeering charges against the pair.

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F&Iby StaffNovember 13, 2014

Sundaram, Gibbs Named Dealertrack Co-Presidents

Dealertrack's board of directors has approved Rick Gibbs and Raj Sundaram as co-presidents, effective immediately.

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Auto Financeby StaffNovember 12, 2014

October Wholesale Prices Reveal Market Softness

ADESA’s chief economist says off-rental program vehicles kept wholesale prices artificially high in October. They also masked softness in a market that is facing high incoming supply.

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Digitalby StaffNovember 11, 2014

WeGoLook Rolls Out Online Car-Buying Service

Car shoppers who order a vehicle inspection through WeGoLook can now request financing, warranty, escrow, and transport services using the company’s Digital Dealership Services option.

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Digitalby StaffNovember 11, 2014

Kia Adds Dealertrack’s PaymentDriver to Kia.com

Shoppers on Kia.com can now explore finance options side-by-side using PaymentDriver. Those options can include current Kia incentives and interest rates, as well as the trade-in value of the customer’s current vehicle.

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