Archive | Auto Industry News

Southwest Dealer Services Acquires Wash.-based F&I Agency

IRVINE, Calif. — Income development company SouthWest Dealer Services (SWDS) has acquired Spokane, Wash.-based Evergreen Dealer & Insurance Services (Evergreen). Financial terms of the transaction were not disclosed. A subsidiary of global holdings company Spencer Capital Holdings Ltd. (SCH), SWDS’s acquisition of Evergreen allows the ... Read More »

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Category Winners Named for 2017 F&I Digital Media Awards

TORRANCE, Calif. — Organizers of the inaugural F&I Digital Media Awards have announced the five category winners as determined by a panel of five judges. Category winners will be honored at the upcoming Industry Summit, where the Grand Prize Winner will be announced. The awards are presented by F&I ... Read More »

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Alpha Warranty Honored as 11th Fastest Growing Business in Utah

SALT LAKE CITY – Alpha Warranty Services was honored yesterday at an awards ceremony for the Utah Business Fast 50 as the 11th fastest growing business in the state. The Utah Fast 50 is an annual event that celebrates the fastest-growing companies in the state for ... Read More »

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Hurricane Harvey: Please donate to the NADA Foundation Emergency Relief Fund

DONATE TODAY APPLY FOR ASSISTANCE Thousands of dealership employees and their families have suffered devastating losses from the flooding caused by Hurricane Harvey in Texas. As was the case during the severe Louisiana flooding in August 2016, the need for financial assistance is great and ... Read More »

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CNA National Surpasses $3 Billion in Claims Paid

SCOTTSDALE, Ariz.—CNA National recently exceeded $3 billion paid for claims across all product lines. The majority of this amount was paid to the company’s participating dealers on behalf of customers who returned to the dealerships where they purchased their service contracts for covered repairs. “Passing ... Read More » Tags: , ,

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GM: Dealers Must Disclose Non-GM Parts, Service Contracts

DETROIT — In a pair of bulletins and a letter signed by its head of North American operations, General Motors (GM) issued a new set of dealer mandates that pose a serious threat to the aftermarket F&I product industry and has dealer trade groups scrambling ... Read More »

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