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Newsby StaffMarch 9, 2020

Portfolio to Acquire NAE/NWAN

Portfolio Holding Inc. has agreed to acquire National Automotive Experts/NWAN, an F&I products provider and administrator. The acquisition will unite two F&I industry leaders.

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Newsby StaffMarch 6, 2020

Bobit Business Media Statement on the Coronavirus (COVID-19) Impact on its Events

Our top priority is keeping those that attend our events safe. Read our statement about the Corona Virus to learn how we'll be taking precautions at this year's event.

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Newsby StaffMarch 5, 2020

EFG Companies Brings Home Gold and Silver at Stevie® Awards

EFG Companies earned a Gold and Silver Award at the 2020 Stevie® Awards for Sales and Customer Service.

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Newsby StaffMarch 5, 2020

AM Best Increases DAC’s Financial Strength Rating to “A”

AM Best has increased DAC’s Financial Strength Rating to A (Excellent).

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Newsby StaffMarch 5, 2020

Portfolio Announces Launch of Portfolio One VSC

New vehicle service contract promises a streamlined approach to F&I sales, contracting, rating and claims.

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Newsby StaffMarch 5, 2020

NADA: U.S. New Vehicle Sales Up 1.9% Year-Over-Year

New light-vehicle sales in February were strong, with a SAAR of 16.83 million units for the month—an increase of 1.9% compared to February 2019. Raw sales volume topped 1.3 million units, an increase of 8.4% compared to February of last year.

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Newsby StaffMarch 4, 2020

Line 5 Introduces a New Independent Dealer Program

Line 5 Introduces a New Independent Dealer Program, the new way to finance F&I products and avoid chargebacks with no fee.

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Newsby StaffMarch 4, 2020

Black Book Used Vehicle Retention Increases In February

Black Book released its Used Vehicle Retention Index for February 2020 (115.2), a +0.7 point change from January (114.5).

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Newsby StaffMarch 4, 2020

KAR Announces Retirement of Remarketing Industry Legend

Tom Caruso leaves 40-Year legacy of company and industry leadership.

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Newsby StaffMarch 4, 2020

Coronavirus Leads to Nosedive In Global Vehicle Sales

Global light vehicle sales figures from the first month of 2020 show just 6.2 million were sold in January, the lowest monthly figure since January 2012.

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