Everyone knows the story of the ugly duckling and how it ended. In recent years, the Nissan Sentra has been that duckling. Until now. For 2020 the Nissan Sentra was designed with a more flowing European look, higher quality materials, and better driving dynamics. It also kept its trademark: value. …
Read More »Assurant, a global insurance provider that furnishes finance-and-insurance products for the automotive industry, has acquired F&I product and training company American Financial & Automotive Services in a $ 158 million deal. The move further consolidates the F&I product industry, which has seen notable merger and acquisition activity in the past …
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F&I product and reinsurance provider Portfolio Holdings has agreed to acquire competitor National Automotive Experts/NWAN. Combined, the company will rank among the top 10 largest F&I product providers in the nation, executives said. The acquisition continues an ongoing trend of F&I product company consolidation. Portfolio CEO Brent Griggs said the …
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F&I platform Dealertrack, a subsidiary of Cox Automotive, plans to phase out its digital F&I menu as it partners with competitor Darwin Automotive, executives from both companies said. Dealers will have the option to migrate to Darwin’s F&I menu product or find a new provider. Darwin CEO Phil Battista said …
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