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NewsJuly 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.

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NewsJuly 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.

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NewsJuly 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.

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Articlesby Rick McCormickJuly 5, 2011

A New Lease on Profits

By all accounts, leasing is back, but that doesn’t mean your F&I profits have to suffer. F&I trainer breaks down a process for making leasing a win-win for the finance office and the dealership.

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ArticlesJuly 5, 2011

The Tour That Drives VSC and PPM Sales

The best way to sell a VSC is to create awareness of the need for service and to demonstrate your ability to handle it. F&I trainer explains how a quick tour of your service and parts department can do just that.

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NewsJune 24, 2011

CNA National Introduces “Z Series” VSC Program

The Z Series vehicle service contract program features expanded coverage definitions and terms based on input from CNA National's agents and dealers.

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NewsJune 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.

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NewsMay 17, 2011

John Luckett Named SVP of First Extended Service Corp.

First Extended Service Corporation, a unit of The Warranty Group Inc., a global underwriter, administrator and marketer of service plans and related programs, has named John Luckett as senior vice president of sales and marketing.

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NewsMay 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.

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NewsMay 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.

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