P&A Online

May 25, 2011

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Inverse Relationship: Vehicle Technology Versus VSC Costs

Hyundai’s New Trade-In Value Guarantee

OEM’s Embrace Mobile Apps, Providers Enter Market

Don’t Be “That Guy”

Another Possible Option for Pre-paid Scheduled Maintenance

Don’t Be “That Guy”

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

IAS Celebrates 10th Anniversary of SmartDealerProducts with Lowered Pricing

AUSTIN – IAS, a provider of F&I aftermarket programs to automobile dealerships, is celebrating ten years of F&I technology success by lowering the pricing of their software solution, SmartDealerProducts. The company is offering a single monthly license fee that gives dealers access to the complete software suite which includes SmartEye Internet transaction storage where dealers ... Read More »

F&I Express Adds NAC Vehicle Service Contracts to its e-Contracting Platform

PALOS VERDES – Intersection Technologies, Inc and its aftermarket industry leading e-contracting platform of F&I Express has entered into agreement and has added NAC Vehicle Service Contracts to its e-contracting platform. F&I Express is an e-contracting platform for the aftermarket F&I marketplace. It provides the dealer one place to go to rate, e-contract and e-sign ... Read More »

JM Family Announces Two Executive Promotions

DEERFIELD BEACH — JM Family Enterprises Inc. announced the promotion of Carmen Johnson to executive vice president of JM Family, and Dan Chait to senior vice president of subsidiary World Omni Financial Corp. Both Johnson and Chait also serve on JM Family’s Executive Management Team, which develops and implements the company’s long-range planning and strategies ... Read More »

John Luckett Named SVP of First Extended Service Corp.

CHICAGO – 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 to be senior vice president of sales and marketing. Luckett will be responsible for all sales and marketing activities within First Extended’s U.S. agent distribution segment. ... Read More »

DealerTrack to Acquire eCarList

LAKE SUCCESS – DealerTrack AAX Inc., a subsidiary of DealerTrack Holdings Inc. has signed an agreement to acquire substantially all the assets of eCarList LLC, a provider of inventory management and merchandising solutions for automobile dealerships. The combination of DealerTrack’s current AAX inventory management solution with eCarList’s product suite of vehicle merchandising, pricing analytics and ... Read More »

Fiat May Own 51 Percent of Chrysler Before IPO

Fiat SpA may boost its stake in Chrysler Group LLC to more than 51 percent before an initial public offering of the U.S. automaker, as it seeks to buy the shares for less money. “It’s possible” that Fiat will buy more Chrysler stock, Sergio Marchionne, chief executive officer of both companies, told reporters today in ... Read More »

Mosley Kicks Off New Seminar Series in Florida

Mosley Automotive Training is kicking off a new sales seminar series for automotive sales professionals next month in Florida. Called “Control Your Sales Destiny,” the one-day event will be led by Cory Mosley, celebrated trainer and Sales Driver columnist for F&I and Showroom magazine. The seminar series arrives at the Sheraton Fort Lauderdale Airport & ... Read More »

Chrysler Repays U.S., Canadian Governments as Fiat Increases Stake to 46 Percent

Chrysler Group LLC repaid $7.6 billion in U.S. and Canadian government loans, and Fiat SpA increased its stake in the automaker as it plans an initial public offering. The U.S. government was repaid $5.9 billion, and Export Development Canada, which holds the debt for Canada and the Ontario provincial government, received $1.7 billion, Auburn Hills, ... Read More »

Toyota’s ‘Centralized’ Management Cited in Slow Recall Response

WASHINGTON — Decision-making at Toyota Motor Corp. is “too centralized,” contributing to the automaker’s slow response in recalling vehicles for sudden acceleration problems, according to a study released Monday. In a strongly worded, 60-page report, a panel named by Toyota and headed by former U.S. Transportation Secretary Rodney Slater said Toyota’s top-down management structure limits ... Read More »

May Auto Sales See ‘Dismal’ Beginning

Car and truck sales picked up speed in the first four months of the year on rising consumer confidence, but they appear this month to be losing momentum. Auto experts had expected a lull in May because of shortages of some of the most popular Japanese models, but they’re watching to see if there’s more ... Read More »

Joe Verde To Speak At Minority Automobile Dealers Annual Conference

ORANGE COUNTY – In today’s market with the cost of gas and inventory shortages, car buyers are increasingly more cautious on the lot. Automotive sales training expert and author Joe Verde will address the reality of selling to today’s new buyer when he holds a special workshop at the National Association of Minority Automobile Dealers ... Read More »

Fiat Said to Target $2 Billion Loan After Chrysler Stake Buy

Fiat SpA will seek to expand a credit line to as much as 1.5 billion euros ($2.14 billion) after raising its stake in Chrysler Group LLC, three people familiar with the matter said. Fiat will start negotiations with banks after completing the purchase of an additional 16 percent of Chrysler for $1.27 billion, said the ... Read More »