Great article outlining common F&I practices that will put your dealership at risk.
JD Power Enters the Dealer F&I Space
J.D. Power announced the launch of J.D. Power Automotive Protection Products for new-car buyers. J.D. Power Automotive Protection Products include extended service warranties, tire protection, surface protection, GAP, key replacement, lifetime warranty, dent-and-ding, maintenance, high-tech coverage and windshield protection as an add-on.
Article: http://www.fi-magazine.com/news/story/2018/01/jd-power-enters-f-i-space.aspx
Zurich to Focus Heavily on F&I in 2018
Zurich North America, one of the largest insurance and vehicle service contract providers for auto dealers plans on a heavy focus on F&I in 2018.
Article: http://www.fi-magazine.com/news/story/2018/01/zurich-to-focus-heavily-on-f-i-in-2018.aspx
Australian auto warranty company to refund $5m
Sales staff was allowed to charge their own prices for warranties leading to larger commissions.
Full Article: https://www.businessnews.com.au/article/Car-warranty-company-to-refund-5m
California auto dealer offering 20-year 200,000 mile warranty
Selma Auto Mall is now offering a 20-year 200,000-mile warranty with every purchase of a new car.
Article: http://abc30.com/business/local-auto-dealer-offering-20-year-200000-mile-warranty/2960895/
Battery Replacements: Some iPhone Users Might Wait Until April
Apple’s short supply of batteries for replacements means iPhone 6 Plus owners will have to wait months, an internal document seen by MacRumors said.
Article: http://www.ibtimes.com/battery-replacements-some-iphone-users-might-wait-until-april-2640501
WCM 2018 – Warranty And Service Contract Management For Innovation And Growth
14th Annual WCM Conference
When
Tuesday, March 6, 2018 – Thursday, March 8, 2018
8:00 AM – 5:00 PM, Pacific Time
Where
Hyatt Regency Mission Bay Spa & Marina
1441 Quivira Road
San Diego, California 92109
The theme of the 14th annual conference is “Warranty And Service Contract Management For Innovation And Growth” which addresses how effective warranty and service contract management has enabled companies to develop their competitive edge, manage risk and increase cost savings, innovate and grow.
The WCM 2018 event offers a broad range of presentations with attendees able to choose from up to 3 parallel tracks with over 50 speakers spread over 20 separate sessions.
Complete Details: http://www.cvent.com/events/warranty-chain-management-conference-2018/event-summary-b8df502cfa2c43afae28cb637dc7b5e2.aspx?i=dcb27c6a-7dee-477b-8b2b-14a698b5a10d
Stone Point Capital Partners with CEO of AmTrust Financial and Karfunkel Family to Jointly Propose Acquiring All Shares of AmTrust Financial Common Stock Not Controlled by Family for $12.25 Per Share in Cash
Buoy Labs Announces Partnership With Cross Country Home Services to Power Company’s Nationwide, On-Demand, Plumbing Services
Partnership revolutionizes the way homeowners maintain their water service and usage
SANTA CRUZ, Calif. — Buoy Labs today announced its partnership with Cross Country Home Services (CCHS), offering a nationwide, on-demand network of licensed plumbers to install the Buoy™ smart home device for water, and to make repairs or provide other plumbing services in response to Buoy insights. Beginning today, Buoy is rolling out nationwide access to these on-demand services for its customers through the Buoy app.
Assurant and The Warranty Group Amend Deal Structure
Under the revised terms, Assurant, Inc. will acquire TWG Holdings Limited and its subsidiaries, and remain a Delaware corporation. This change follows recently enacted U.S. tax legislation and allows Assurant to simplify the overall deal structure and optimize the transaction financing mix.