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For dealer-owned reinsurance entities, avoiding volatility entirely can mean falling behind inflation and missing market rebounds that drive long term surplus growth. Missing just a handful of strong market days can materially impact cumulative returns—an important reminder for long horizon trust and investment strategies.
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New York-based Greenbriar Equity Group has acquired Spireon Inc. from Bertram Capital.
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Dealertrack announced plans to expand its partnership with Hyundai Motor Finance and Kia Motors Finance, including a streamlined F&I process.
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Enhancements to Outsell’s AI-driven marketing automation platform include individualized customer incentives.
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Car buyers were financing more at the midway point of 2018 than they did in 2016, when record new-vehicle sales were made, according to new data from Equifax.
Read More →EasyCare’s new Rideshare suite of F&I benefits includes a vehicle service contract, GAP coverage and a customizable prepaid maintenance benefit, all tailored to meet the needs of driver entrepreneurs.
Read More →Chris Gugliotta, a former executive with Dealer.com and Lithia Motors, has joined the startup as head of strategic partnerships. He will be responsible for leveraging Driver Motors’ digital retailing tools for the industry’s largest finance sources and vehicle OEMs.
Read More →The new extended ‘bumper-to-bumper’ warranty isn’t designed to act like a dealer-offered service contract. Repairs can be completed without filing a claim and there are no deductibles. The option also is included in a vehicle’s overall price.
Read More →Vision Dealer Solutions has released VisionTouch, a new, wireless, mobile F&I menu designed to produce paperless deal jackets.
Read More →Assurant Resource Automotive announced the launch of Mechanic 2.0, which features enhancements designed to significantly expand options for auto dealers and their sales and service customers.
Read More →Podium is one of 25 companies to appear on Forbes’ 2018 list of America’s ‘Next Billion-Dollar Startups.’
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