Safe-Guard Enters Latin American Markets, Expands Sales Team
ATLANTA — Safe-Guard Products International LLC is expanding into the Mexican and Brazilian markets, and growing its sales team.
Safe-Guard also announced that Marcos Luna Rivera has joined the company as national director, Mexico. As a new country director, he is tasked with both managing operations locally and creating additional expansion opportunities in the Mexican marketplace.
Luna Rivera has experience in both the financial service and insurance brokerage areas, most recently as chief financial officer for GMAC-Mexico.
“Marcos’ experience leading a large automobile finance company as CFO will help us continue to grow our business in numerous directions by leveraging his extensive relationships within our industry,” Orlando Zayas, Safe-Guard’s president, said.
In addition, Safe-Guard is expanding its sales leadership team. Jeffrey M. DeYoung has been named national sales leader, financial services. Safe-Guard is looking to build on its many strong partnerships with financial institutions with the addition of DeYoung.
“With his experience in banking, financial services and automobile F&I sales, Jeff is in a position to make an immediate impact on our partnerships with financial institutions,” Dave Duncan, Safe-Guard’s senior vice president, said.
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 →