Archive | Auto Industry News

Edmunds: Term Lengths Stretch to All-Time High in June

SANTA MONICA, Calif.  ─ Car buyers are pulling all levers to keep their monthly payments manageable as vehicle prices continue to rise. In June, one of those levers, average new-vehicle finance terms, stretched to an all-time high of 69.3 months, according to Edmunds. The average, ... Read More »

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Greg Goebel to Address Industry Summit and PALS

DALLAS — Organizers of the annual Industry Summit and P&A Leadership Summit have announced that subprime auto finance expert Greg Goebel will serve as the evening keynote speaker for this year’s event. Both events will be held in September at the Gaylord Texan Resort & ... Read More »

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Portfolio Acquires Finance Concepts, LLC

LAKE FOREST, Cali. – Portfolio Group announced today that it has acquired a majority interest in Finance Concepts, LLC, one of its largest producing agencies headquartered in Folsom, California. Portfolio is owned by the company’s management and Capital Z Partners, a New York-based private equity firm. ... Read More » Tags: , ,

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NMAC President Named Infiniti Executive

NASHVILLE, Tenn. ─ Mark Kaczynski is leaving his post as president of Nissan Motor Acceptance Corp. to become vice president of administration and finance for Nissan Motor Co.’s luxury brand Infiniti, the automaker announced on Thursday. Replacing Kaczynski as president of Nissan’s captive finance company ... Read More » Tags: , ,

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Ganther to Serve as Featured Speaker at Dallas Compliance Summit

Attorney and Mosaic Compliance Services cofounder Jim Ganther will deliver a featured presentation on Easy-to-Implement Processes and Controls at Compliance Summit in September. DALLAS — Organizers of the upcoming Compliance Summit announced that James S. Ganther Esq. will serve as a featured speaker for the ... Read More »

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UDS Celebrates 35 Years

CLEARWATER, Fla. – United Development Systems, Inc. (UDS) celebrates 35 years of excellence in the F&I Performance arena. UDS is a full service F&I Performance Company based in Clearwater, Florida. Founded by its President and CEO, Randy Crisorio, in 1982, UDS has been providing its ... Read More » Tags: , , ,

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