P&A Online
June 28, 2011
Welcome to P&A Online, a monthly eMagazine dedicated to the interests and concerns of providers and administrators of automotive finance and insurance products.
P&A Online is your source for industry news and updates as well as original feature articles to keep you well-informed of best practices and trends.
Be sure to visit P&A's website at www.pa-magazine.com regularly for the latest updates.
Featured Articles
Why Do Business With Us
In a sales environment where the products have become commoditized, it is essential to establish a clear and concise “why do business with us” story. If having the lowest price is the only thing that matters to you and your customers, then don’t read any further. Our industry has seen the demise of many a ... Read More »
The Inspection Process: More Than Just a Need for a Certification Program
The need for an Inspection Certification program has been discussed in great length over the past year in P&A Magazine, but we have really not even touched on any of the "other" areas of the inspection process and these issues (or problems) warrant just as much attention as those that the certification program may solve. ... Read More »
Connecting Providers, Administrators and Dealers: Administration Systems – Part 1 of 5
Over the next five months, P&A Magazine will be profiling companies within our industry that connect providers, administrators, and dealers. We will be discussing where we are today, what tomorrow looks like, and what it means for the players. The reality of interconnectivity between a dealer’s DMS system and those that provide goods and services ... Read More »White Papers
Dodd-Frank White Paper
Click here for a white paper that explores how the Dodd-Frank Wall Street Reform and Consumer Protection Act could impact our industry. Download the White Paper Here
P&A Industry News
CNA National Introduces Enhanced VSC Program "Z Series"
SCOTTSDALE — CNA National has introduced a new vehicle service contract program, Z Series, featuring better customer benefits, enhanced coverages, expanded eligibility and more terms. "We are very pleased to bring our newest series to our dealer clients," says Alan Miller, senior vice president of sales. "The improvements we made to coverages and terms were ... Read More »
Provider Exchange Network Integrates with MaximTrak
TROY — Open Dealer Exchange's Provider Exchange Network (PEN) announced its agreement with MaximTrak Technologies to integrate with the company's independent F&I Menu & Reporting system, MaximTrak. This integration will allow Maxim to offer its dealer network electronic rating capabilities, forms and contract origination via PEN. "We're excited to partner with another industry leader as ... Read More »
US Fidelis Owners Indicted on Multiple Felony Charges
JEFFERSON CITY — A St. Charles County grand jury handed down a 14-count indictment against Darain Atkinson and a 13-count indictment against Cory Atkinson, the brothers who owned and operated US Fidelis. US Fidelis was formerly known as National Auto Warranty Services and did business under the name "Dealer Services." The indictments include felony charges ... Read More »
Nationwide Acceptance Corporation Joins Wolters Kluwer AppOne Platform
MINNEAPOLIS — Wolters Kluwer Financial Services announced that Nationwide Acceptance Corp. has joined its AppOne lender platform, allowing dealers in all of the markets served by Nationwide to process credit applications electronically directed at Nationwide through the AppOne platform. "We are very excited to integrate with one of the nation's premier platforms for dealers to ... Read More »
Automotive Industry News
GM Foundation Gives Detroit’s CCS $2.5M Donation
The General Motors Foundation said Monday it is donating $2.5 million to the College for Creative Studies in Detroit, which is renaming an auditorium after the automaker. The donation is part of an effort to strengthen a longstanding commitment to the world’s leading educator of automotive designers, reported The Detroit News. CCS, a school for ... Read More »
Nissan Drives to Close Gap
TOKYO — Nissan Motor Co. plans to increase its global market share to 8 percent in a bid to close the gap with rival Toyota Motor Corp. in key markets around the world. Nissan, Japan’s No. 2 auto maker by volume, after Toyota, had a 5.8 percent global market share last year. The new Nissan ... Read More »
Peers Name Ford’s Mulally ’2011 Chief Executive of the Year’
WASHINGTON — Ford president and CEO Alan Mulally has been named “2011 Chief Executive of the Year” by peers. “The success he showed in the face of incredible difficulty was just extraordinary,” said James Turley, chairman and CEO of Ernst & Young and member of the 2011 selection committee. “The foresight he showed throughout the ... Read More »
Feds Set Sights on 56.2 MPG By 2025
WASHINGTON — The Obama administration is considering requiring cars and light trucks to average 56.2 miles per gallon by 2025 — a move that could boost the cost of vehicles by $2,100 or more. Top federal regulators and White House aides disclosed their initial proposal — requiring 5 percent average annual increases in efficiency over ... Read More »
Toyota Rebounds to Pre-Recall Level in U.S. J.D. Power Auto-Quality Survey
Akio Toyoda is making good on his pledge to restore Toyota Motor Corp.'s reputation for quality. The Japanese carmaker's luxury Lexus line retook the top spot among all auto brands in J.D. Power & Associates' Initial Quality Study, advancing from fourth last year, the market- research company said yesterday. Toyota's namesake brand ranked seventh, up ... Read More »
Chrysler Group Prepares to Build Small Car That May Increase Fiat Stake
Chrysler Group LLC said it plans to begin test production in the second half of this year of the small car that will trigger U.S. government requirements to increase Fiat SpA's ownership stake. Tooling for the small Dodge brand car goes into Chrysler's Belvidere, Illinois, assembly plant in August, Fred Goedtel, head of Chrysler's assembly ... Read More »
Ford Drops in Quality Survey
Ford Motor Co. suffered a big drop in auto quality this year, mainly due to a complicated entertainment system in its cars, while Toyota Motor Corp.’s Lexus rebounded from a poor showing last year, according to a closely watched industry study. Lexus was once again the top-ranked car in overall quality, according to J.D. Power ... Read More »
Quality Slips for All-New Models
Although the perceived quality of all new vehicles continued to improve in the latest Initial Quality Survey by J. D. Power & Associates, the results were not so bright for models that had been significantly redesigned or were new from the wheels up. The quality of these all-new or extensively revamped cars declined by 10 ... Read More »
P&A Featured Companies
