Orlando Zayas Named Safe-Guard President
Safe-Guard Products International, LLC has named Orlando J. Zayas president of the company. Company founder Douglas A. Duncan will remain as chairman and CEO.
As president of the company, Zayas will be responsible for expanding Safe-Guard’s direct business, OEM partnerships and product portfolio.
“His experience leading a large warranty company will help us continue to grow our business in numerous directions by leveraging his extensive relationships within our industry,” Duncan said.
Zayas added, “I’ve been an admirer of Safe-Guard’s products and growth for years. Doug Duncan and his team have created a world-class F&I products company, and it will be a pleasure to join an organization that truly provides quality products and value to its dealers and their customers.”
Zayas has served in many positions in the industry, from dealer-level finance director to president of a large warranty company. Zayas’ appointment is effective June 14.
More Industry
World EV Adoption Set to Grow
A new report says the segment, despite recent setbacks in some regions, is poised for acceleration as many countries look to reduce pollution.
Read More →
Black Book: Weekly Market Update
Wholesale automotive auction business stayed steady last week as bidders encountered lower prices, analysts observed.
Read More →
Pricing Transparency Drives Purchase Consideration
An annual study by JD Power found that clear pricing matters to consumers on automaker websites, so much so that it increases their purchase consideration.
Read More →
Black Book: Weekly Market Update
Used-vehicle market depreciation was the prevailing story in the wholesale market last week.
Read More →
Smaller Is Looking Better
A growing number of Americans in the market for a new vehicle are opting for more affordable options, not waiting for market stability to bite the bullet.
Read More →
U.S. EV Market Slowly Stabilizes
U.S. electric-vehicle interest is slowly stabilizing since a major dip in sales after last year's end of the federal EV tax credit, and hybrids remain the leading electrified power train.
Read More →
Global EV Market Entering New Phase
Automakers are making investments to lower battery costs and optimize production to meet changing consumer needs.
Read More →
Black Book Weekly Market Update
The holiday weekend, not surprisingly, put a drag on wholesale automotive activity last week, analysts observed.
Read More →
Auto Affordability in Context
Cox Automotive points out the complex circumstances that have led to eye-popping vehicle prices.
Read More →
Black Book: Weekly Market Update
Automotive auction inventory increased last week, giving choosy bidders even more leeway.
Read More →