The new extended ‘bumper-to-bumper’ warranty isn’t designed to act like a dealer-offered service contract. Repairs can be completed without filing a claim and there are no deductibles. The option also is included in a vehicle’s overall price.
The Federal Trade Commission (FTC)'s six-year effort to collect on a $4.2 million judgement against a telemarketer of “extended auto warranties” came to a end last week. The telemarketer, which did business under the name My Car Solutions, led victims to believe it was affiliated with auto dealers and manufacturers.
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.
A dealership manager was ordered to pay at least $50,000 for keeping money given to him by customers for extended service contracts.
RV Warranty Forever has named Robert Crist and Company RV and World Wide RV the exclusive RV Warranty Forever dealer group in the Phoenix Valley and northern Arizona.
RV Warranty Forever named Noble RV the exclusive RV Warranty Forever dealer group in the southern half of Minnesota. Noble RV has four locations in Owatonna, Rochester, Madelia and Minneapolis.
Mayflower RV has been named the exclusive provider for RV Warranty Forever in the state of Arkansas.
RV Warranty Forever names Dixie RV Superstore as the exclusive provider of RV Warranty Forever in Northwestern Florida and Southern Louisiana.
Nissan has contracted with PCMI Corporation to license the company’s Policy Claim and Reporting Solutions platform. The cloud-based software enhances how dealers sell, service and administer service contracts and other aftermarket F&I products.
Retail automotive industry veteran Ron Fortt announced the launch of Automotive Retail Solutions, an independent consulting and training company providing products and services to the automotive industry.
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