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Think your insurance company will cover your dealership’s compliance shortcomings? The magazine’s compliance expert examines recent litigation involving a major dealer group that suggests otherwise.
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RV Warranty Forever has named Clems RV as the exclusive RV Warranty Forever dealer in the Western Pennsylvania market. Clem’s RV will now be able to offer a lifetime warranty on every new and eligible pre-owned unit they sell for as long as the purchaser owns their unit.
Read More →F&I Administration Solutions LLC announced the integration of PayLink Payment Plans financing services into its dealer electronic rating and electronic contracting solution.
Read More →Michigan insurance regulators have ordered a Detroit dealer to stop selling insurance without a license. After selling insurance to more than 25 customers, the agency found that the dealer provided incorrect information, insufficient coverage or failed to pay for the policies.
Read More →Most of the major dealer groups posted big gains in the fourth quarter and for the full-year 2012. One group reached an all-time high of $1,215 in F&I gross profit per retail unit.
Read More →A new FTC study on credit report accuracy found that one in five consumers had an error on at least one of their credit reports.
Read More →Oklahoma legislators overturned a 2011 Supreme Court ruling earlier this year with the passage of the Service Warranty Act. It clarifies that extended vehicle service contracts should not be treated as insurance.
Read More →Allstate Insurance Co. and Allstate Dealer Services announced that auto dealers will have the opportunity to open full-service Allstate agencies inside their dealerships.
Read More →GM’s complimentary auto insurance policy from MetLife Auto&Home includes both liability and physical damage coverage for one year.
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There is no better selling point than being able to tell customers that the vehicle they’re interested in might have what it takes to become a collector car of tomorrow. Hagerty Insurance Agency is helping dealers do just that with its 2011 “Hagerty Hot List,” an annual rundown of new vehicles that could one day be sought-after vehicles by collectors.
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