Assurant acquires The Warranty Group for $2.5 billion

AuSM Staff

Triggered in part by online vehicle retail sales activity gaining steady momentum, Assurant made a $2.5 billion acquisition of The Warranty Group, which works with more than 5,600 dealerships selling F&I products such as vehicle service contracts and GAP insurance. Assurant highlighted in a news release announcing... Read More

AutoGravity names new VP of dealer sales

AuSM Staff

AutoGravity has expanded its dealer network development program with the appointment of Chuck Schofield as new vice president of dealer sales, the company announced Tuesday. Schofield most recently served as western region senior manager for Mercedes-Benz Financial Services where he managed the U.S. finance products and... Read More

LeasePlan USA names new business development exec

AuSM Staff

LeasePlan USA recently named Anthony Fina the new vice president of business development in the Northeast region to replace Gerry Tellier, who was promoted to senior vice president of business development – east. “Gerry has been successful in his territory over the years, rising to the top as a true... Read More

JM&A Group promotes 2 execs

AuSM Staff

JM&A Group announced Thursday that it has promoted Gavin Tennant to vice president of customer services and Mark Barovich to assistant vice president of portfolio risk management and actuarial services. Tennant most recently lead the company's redesigned dealer portal initiative called Dealer Source. In his... Read More

Podcast: Jeremiah Wheeler of DRN

AuSM Staff

Jeremiah Wheeler, vice president of financial services at DRN, returns to the AuSM Podcast, as Nick hosts a discussion about the impact technology is having on vehicle repossessions. We also touch on the special segments at Used Car Week that include Jeremiah and DRN, which is the presenting... Read More

As car leasing rises, alternatives sprout

Joe Overby, Senior Editor

Amid changing car ownership models, autonomous vehicles, digital retailing and other innovations, there’s another area of automotive that’s perhaps ripe for disruption: the leasing process. Including, but not limited to, the used-car side of that business. Fair, for instance, is an app that provides... Read More

AuSM Staff

The National Automobile Dealers Association recently rolled out a resource for members to help stores leverage vehicle leasing in a way that results in happy customers and compliant deliveries. In light of the vehicle leasing business reaching an all-time high in 2016 with 4.3 million new units being leased, NADA... Read More

AuSM Staff

MUSA Auto Finance said its platform now offers capability that separates it from any captive or other provider specializing in leasing of new and pre-owned vehicles, especially for customers who already have strong credit backgrounds. MUSA Auto Finance announced this week the launch of automated decisioning for... Read More


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