Tag Archives: product

Personal vehicle ownership has never been more desirable to Americans. Whether it be long drives to clear one’s head, driving to vacation spots instead of flying or a fear of public transportation because of COVID-19 concerns, consumers consider their vehicle a haven in a perilous world. As personal ownership desirability …

As millions of Americans enter month seven (or more) of work-from-home, many companies across industries are rethinking what the work day could, or should, look like. In the automotive sector, a leading finance-and-insurance company is looking to expand the practice of its employees working remotely. Many players in the automotive …

Safe-Guard Products International, one of the largest finance and insurance product providers in the U.S., is launching branded products for Prime Automotive Group, both companies announced last week. The agreement with Prime is Safe-Guard’s second-largest with a retailer after its relationship with AutoNation Inc. Prime Automotive, which ranks No. 11 …

Vehicle sales took a dive in the early weeks of the deadly coronavirus outbreak, but for several finance and insurance product companies, sales have never been better. And each month, those sales keep improving. The reason could be a combination of factors, those companies say, but success incorporating F&I product …

Finance-and-insurance product opportunities after a vehicle sale are growing amid the coronavirus pandemic, according to a dealership consultant and marketing company that helps with these sales after the fact. Though this market has been growing for years, dealerships should consider these opportunities now more than ever. Some dealerships are working …

After a three-month pilot program, F&I product provider EFG Cos. is debuting its first mileage service contract to knit coverage more closely to customers’ driving habits. Complex underwriting strategies delayed the launch of the product, which EFG believes may be the first of its kind. The product, called the Motorist …

EFG Cos., the finance-and-insurance product provider that backed the Hyundai Assurance Program during the Great Recession, is relaunching its program that covers the negative equity of a vehicle returned because of an unexpected job loss. The move is among many strategies auto finance companies are employing to generate dealership traffic …

2020 Chevrolet Silverado vs. 2020 GMC Sierra 1500: Compare Trucks Mechanically, the 2020 Chevrolet Silverado 1500 and 2020 GMC Sierra 1500 offer the same powertrain options and similar interiors, but the GMC offers slick features that simply can’t be optioned in the Chevy. The Silverado is capable of better diesel …

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 …