EFG Companies recently taught Northwood University’s inaugural reinsurance class at the university’s Michigan campus. The two-part curriculum took students from the most basic definitions of traditional insurance (such as premium, commission, reserve and more) to an overview of reinsurable F&I products like service contracts. The instruction included global reinsurance domiciles all the way through to […] [Read More]

As we come to the end of the spring selling season and tax-time highs, one branch of the market isn’t losing momentum. The truck market continues to be strong, said industry analysts in the latest Black Book Market Insights report. In fact, the Black Book editors explained they are tracking a continued pattern of strength […] [Read More]

Dealer website and digital marketing provider DealerOn officially joined the Mitsubishi Diamond Digital Solutions (DDS) website program, becoming the fourth website provider in the program connected with Mitsubishi Motors North America. Through DealerOn’s participation in the DDS program, officials indicated the company automatically can deliver Mitsubishi dealers integrated OEM incentives and automated corporate image and […] [Read More]

On Tuesday, ARI launched what the company dubbed ARI SustainableWorks, a consulting service designed to help organizations configure best-in-class fleets supported by clean, efficient and cost-effective fleet solutions. The company highlighted ARI SustainableWorks is designed to help clients develop and implement forward-thinking sustainable strategies that are tailored to each fleet’s unique objectives, needs and operating […] [Read More]

FordDirect announced today the promotion of 15 of its employees to senior director and director-level positions in its finance, information technology, sales and marketing, and product strategy departments. The company’s promotions, in their respective departments, include the following, provided by FordDirect: Finance Mia Anderson is promoted from director of cash management and financial analysis to […] [Read More]

Though last year’s high gas prices may have pushed some consumers into more fuel efficient rides, with 2015’s low rates, it seems shoppers are making a compromise. Though not swinging back to full SUVs, TrueCar projects compact utilities will become the top-selling U.S. vehicle segment this year, for the first time. Backing up this assertion, […] [Read More]

DealerSocket announced this afternoon it has bought AutoStar Solutions, a popular dealer management system for buy-here, pay-here and used-car dealers. This news comes after AutoStar Solutions first announced at the end of December that its AutoStar Fusion dealer management system had completed integration with DealerSocket’s customer relationship management software.  “AutoStar Solutions delivers extreme value and […] [Read More]

Mazda North American Operations announced today that it has made a $1 million donation to the St. Jude Children’s Hospital to aid the latter’s efforts in researching and treating childhood cancers and other life-threatening diseases. The donation was made through the Mazda Drive for Good program, which ran from Nov. 21 to Jan. 2, aiming […] [Read More]

License plate recognition provider PlateSmart Technologies recently reached an exclusive licensing agreement with PRA Location Services to provide LPR technology for the company’s repossession and recovery services nationwide. Officials highlighted PlateSmart partnered with PRA Location Services, a business of PRA Group, as the exclusive licensee to the repossession and recovery vertical because of PRALS’ position […] [Read More]

Autotrader discovered 70 percent of the consumer traffic arriving at its Buy-Here, Pay-Here Center came through mobile devices. That figure, along with many enhancements Autotrader has made to the platform designed specifically for BHPH operators, will be on the agenda when site officials give an update about this endeavor later this month at the annual […] [Read More]