The lawsuit, which charged the F&I product provider with violating three consumer-protection laws for the way it handled service-contract cancellations and refunds, was dismissed 90 days after it was filed.
The NIADA has partnered with EFG Companies to drive F&I profit opportunities for its independent dealer members.
Attorney General Lori Swanson is suing EFG Companies for deceptive practices because it failed to deliver on its promise of full refunds for VSCs canceled within 30 days. The company’s CEO tells F&I and Showroom his company will be exonerated once all the facts are presented.
Under the new partnership, the two organizations will develop specialized continuing education programs, conduct joint industry research, and cross-publish content.
The National Institute of Automotive Service Excellence’s Blue Seal of Excellence signifies the level of expertise and knowledge of repair shop technicians and claims administrators.
EFG’s new Power x2 is a vehicle service contract that doubles the benefit of the manufacturer’s powertrain warranty.
The company’s entire field services team is now 100% AFIP certified. AFIP certification curriculum focuses solely on the federal and state laws that govern in-dealership financial services.
The partnership aims to drive up market share of Auto Financial Group’s DrivingSense option, a hybrid financing product that acts like a lease.
EFG Companies, a financial service products administrator, announced the establishment of a professional services division that will provide dealers with training, recruiting and marketing services.
EFG Companies, a performance management company for automotive retailers, announced last Tuesday at the 2010 F&I Conference and Expo that it formed a new partnership with Ristken Software Services.
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