EFG Companies enhances lifetime wrap coverage

Auto Remarketing Staff

On Tuesday, F&I solution provider EFG Companies rolled out what it dubbed the Drive Forever Worry Free Lifetime Wrap, an enhancement to the company’s limited powertrain protection. EFG companies explained that the Drive Forever Lifetime Wrap is designed to help dealers close more deals at a higher gross with... Read More

Auto Remarketing Staff

Global fleet management company LeasePlan USA recently named Michelle Davis as its new regional sales vice president for the Southeast. Davis, with more than 12 years of successful fleet experience, was most recently district sales manager at Supreme Corp. There, she helped clients find solutions to improve their... Read More

Auto Remarketing Staff

Following the Federal Trade Commission’s move to increase its non-compliance fine and OSHA’s decision to increase max penalties, Total Dealer Compliance (TDC) and Automotive Development Services (ADS) entered into a strategic partnership that provides a comprehensive solution to ADS’ dealers looking to... Read More

Auto Remarketing Staff

This week, White Clarke Group released its 20th annual Global Leasing Report, what the company contends is the only guide to the top 50 leasing markets in the world, summarizes leasing volumes and other market trends. Officials highlighted the report reveals an optimistic industry outlook with positive growth and... Read More

Auto Remarketing Staff

RouteOne announced recently that Jeff Belanger — who’s been named senior vice president of sales — as well as Amanda George — who has been picked as vice president of strategy — will begin their positions in April. The creation of the new roles come as a result of the announcement that... Read More

Auto Remarketing Staff

Black Book on Monday released its latest joint depreciation report with Fitch Ratings; an analysis that projected 2017 vehicle depreciation to reach 17.8 percent based on estimated new-model sales of 17.0 million. That forecast is slightly up from the 17.3-percent mark recorded in 2016. The firms point out that... Read More

Forecast has 2017 repo total approaching 1.8M

Nick Zulovich, Staff Writer

This year’s Manheim Used Car Market Report projects that repossessions will total 1.7 to 1.8 million units in 2017, representing an increase “in the neighborhood of 100,000 units,” according to Cox Automotive chief economist Tom Webb. Webb elaborated about the expected figures and what factors could... Read More

NIADA names GWC a National Corporate Partner

Auto Remarketing Staff

GWC Warranty, a provider of used-vehicle service contracts and related finance and insurance products sold through dealers, has once again been named a Bronze Level National Corporate Partner of the National Independent Automobile Dealers Association. NIADA’s National Corporate Partner program is designed to... Read More