News Topic: Automotive and Motorsports
News: Matrix Advises on the Sale of Dana Safety Supply, Inc. to AEA Investors
Mortgage and Finance News: (RICHMOND, Va.) Matrix Capital Markets Group, Inc., a leading independent investment bank, is pleased to announce the sale of Dana Safety Supply, Inc. (DSS) to AEA Investors. Prior to the sale, DSS was a wholly-owned subsidiary of Scott McRae Automotive Group, LLLP (SMAG).
News: Deacon Jones Automotive expands reach with acquisition of Sale Auto Mall in Kinston, North Carolina
Mortgage and Finance News: (SMITHFIELD, N.C.) Deacon Jones Automotive, a leading dealership group based in Smithfield, North Carolina, is proud to announce its recent acquisition of Sale Auto Mall Stores (BMW, Chevrolet, GMC & Ford) located in Kinston, North Carolina. By combining the strengths of both organizations, Deacon Jones Automotive aims to elevate the car-buying experience for its customers and continue its tradition of providing unparalleled value and service.
News: 3D Chess Media Unveils the Latest Analysis of the Evolving Car Extended Warranty Landscape in the Age of Electric and...
Mortgage and Finance News: (LAS VEGAS, Nev.) In a comprehensive industry analysis, 3D Chess Media has released a detailed report on the significant shifts occurring in the car extended warranty market, driven by the rapid evolution of electric and autonomous vehicles. This in-depth exploration sheds light on the changing dynamics of automotive warranties in response to new technological advancements.
News: Matrix Announces the Successful Sale of Day Motor Sports, LLC
Mortgage and Finance News: (BALTIMORE, Md.) Matrix Capital Markets Group, Inc. ("Matrix"), a leading, independent investment bank, is pleased to announce the sale of Day Motor Sports, LLC ("Day Motor Sports" or the "Company") to Chief Executive Officer Dan Hamilton and Chief Financial Officer Stacy Hamilton. Prior to the sale, Day Motor Sports was owned by funds managed by Gen Cap America, Inc. ("Gen Cap"), a private investment firm headquartered in Nashville, Tennessee.
News: Toyota Partnership with HANG Media Targets Niche Segments, Generates Wide Audience
Mortgage and Finance News: (NEW YORK, N.Y.) Toyota and HANG, the leading direct-to-consumer fan platform, are deploying innovative media approaches this sports season that are driving audience levels higher than television, with deeper data insights and engagement. To introduce its first-ever Grand Highlander SUV to targeted Black and Indian expat consumers, Toyota and its agencies, Burrell and InterTrend, have leveraged HANG's unique second-screen experiences to power deep engagement across more than 1 million views.
News: Matrix Announces the Successful Sale of WTG Fuels Holdings, LLC’s Retail Motor Fuels, Convenience Retail, and Fleet Fueling Businesses
Mortgage and Finance News: (RICHMOND, Va.) Matrix Capital Markets Group, Inc. ("Matrix"), a leading, independent investment bank, today announced the successful closing on the sale of the retail motor fuels, convenience retail, and fleet fueling businesses of WTG Fuels Holdings, LLC ("WTG Fuels" or the "Company") to subsidiaries of GPM Investments, LLC, a subsidiary of ARKO Corp. (Nasdaq: ARKO) ("GPM").
News: Matrix Advises TBC Corporation on the Sale of NTB and Tire Kingdom Service Centers
Mortgage and Finance News: (RICHMOND, Va.) Matrix Capital Markets Group, Inc. ("Matrix"), a leading, independent investment bank, announces that it has advised TBC Corporation ("TBC" or the "Company") on the sale of TBC's company operated retail businesses to Mavis Tire Express Services Corp. ("Mavis"). The sale includes TBC's retail network of 595 tire and automotive service centers that utilize the NTB Tire & Service Centers ("NTB") and Tire Kingdom Service Centers ("Tire Kingdom") brands.
News: EV Range and Liberty Bring Fast Electric Vehicle Chargers to Northstar California
Mortgage and Finance News: (TRUCKEE, Calif.) Today, EV Range and Liberty, a subsidiary of Algonquin Power & Utilities Corp. (NYSE: AQN), announce a unique three-way collaboration that brought four high-powered electric vehicle (EV) fast chargers to Northstar California ski resort, which is owned and operated by Vail Resorts. These are the first fast chargers in the Tahoe area located at a ski resort property.
News: Auto Warranty Administrator Helps Protect Auto Consumers from Frauds and Scams
Mortgage and Finance News: (TUSTIN, Calif.) National Auto Coverage (NAC) is a seasoned Auto Warranty Provider that has recently opened its doors to the public after becoming an Administrator. As the Administrator of your policy we create, and handle all aspects of your policy including claims! This allows us to maintain control over our policies to ensure that all our customers receive the best possible service.
News: Nomis Solutions Announces Strategic Collaboration with J.D. Power to Deliver Enhanced Automotive Finance Pricing Strategies to Financial Institutions
Mortgage and Finance News: (SAN FRANCISCO, Calif.) Nomis Solutions (Nomis), a global, industry-leading pricing and profitability management solutions provider, announced it has formed a strategic collaboration with J.D. Power, a global leader in data analytics and consumer intelligence, to deliver enhanced automotive financing price optimization to financial institutions throughout the United States and Canada.
News: Report: Over One Quarter of All Mileage Reimbursement Claims Are Overreported
Mortgage and Finance News: (ISSAQUAH, Wash.) According to internal data gathered by TripLog, a leading enterprise mileage and expense tracking solution, over 1/4 (nearly 30%) of all mileage is overreported, which could potentially cost businesses millions of dollars per year in fraudulent reimbursements.
News: Aclaró AI Announces Data Lake API That Directly Integrates Into the CDK Platform
Mortgage and Finance News: (MIAMI, Fla.) Aclaró AI, the fast-growing startup that specializes in the science of personalized experiences, is announcing a new product, The Aclaró Data Lake, which integrates directly with auto dealers' CDK platforms.
News: COVID-19 and the Increasing Number of Uninsured Drivers – How to Protect Yourself by AutoAccident.com
Mortgage and Finance News: (SACRAMENTO, Calif.) AutoAccident.com: With the unemployment rate at sky-high levels since the pandemic hit, many families are faced with difficult economic choices. For some that may mean having to choose between paying rent or continuing to pay for car insurance.
News: New Sacramento Accident Study Identifies and Maps Roads with Highest Hit-and-Run Rates
Mortgage and Finance News: (SACRAMENTO, Calif.) AUTOACCIDENT.COM - According to the AAA Foundation for Traffic safety, a hit-and run-accident occurs about 60 times per minute. 36% of hit-and-run accidents in Sacramento between 2017-2018 have resulted in injury or death.
News: AutoAccident.com Offers Online Legal Consultations During Sacramento Stay at Home Order
Mortgage and Finance News: (SACRAMENTO, Calif.) Sacramento County officials issued a "Stay at Home" order in an effort to slow the spread and transmission of COVID-19. The legal order means that all individuals must stay in their residence and leave only for essential activities, notes AutoAccident.com.
News: Aclaró AI: Helping You Manage Risk in Uncertain Times by Lowering Our Risk Management AI Price to $999/month
Mortgage and Finance News: (CHICAGO, Ill.) The rise of COVID-19 is one of the most disruptive forces in recent memory, note Aclaró. Regardless of where you live, the coronavirus is changing nearly every element of modern-day life, whether that is social distancing, the omission of handshakes, and even the purchase of bulk goods for a sustained quarantine.
News: New Fresno Pedestrian Injury Study Maps Most Fatal Roads
Mortgage and Finance News: (VISALIA, Calif.) According to a 2018 police report, a staggering 64 percent of fatal crashes in Fresno involved a vehicle and a pedestrian. In an effort to raise awareness and reduce pedestrian fatalities, Maison Law of Visalia, California conducted a study of Fresno's most dangerous roads and intersections for pedestrians.
News: Atlanta Luxury Realtor Debra Johnston Lists an Exquisite Luxury Listing with Colossal Car-collector Steel Showroom
Mortgage and Finance News: (ATLANTA, Ga.) Debra Johnston of Berkshire Hathaway HomeServices Georgia Properties presents Georgia's best custom masterpiece estate offered for $15.5 Million. For the epitome of sprawling sophistication, indulgent luxury, and decadent opulence there is none that rival this exceptional Atlanta estate.
News: AutoAwards Shares Tips to Boost F&I Sales Through An Auto Dealership Maintenance Program (PPM)
Mortgage and Finance News: (ODESSA, Del.) AutoAwards, a leader in loyalty marketing for auto dealerships, realizes sales are extremely competitive and difficult at times. Starting a rewards program can help auto dealerships overcome weak sales. AutoAwards has proven solutions to help dealerships increase sales performance across all departments.
News: Why Low Balance Letters Are Not Working for Automotive Lenders
Mortgage and Finance News: (MIAMI, Fla.) South Florida-based AI Fintech company Aclaro, whose mission is to deliver data transparency and personalized insights to its auto lending clients, has developed an innovative, technologically advanced method of increasing borrower retention rates. Instead of sending out thousands of low balance letters with the hope that customers will open these letters and follow up with the lender, Aclaro has made the process much simpler and easier.
News: Aclaro Announces New Board Member and the Release of Aclaro EcoSystem 3.0
Mortgage and Finance News: (CHICAGO, Ill.) Aclaro Inc., the game-changing Artificial Intelligence software company that provides disruptive technologies to the automotive, financial, and government sectors, announces a new Board Member and the release of Aclaro EcoSystem 3.0 (ES 3.0). With these announcements, Aclaro continues rapid advancement toward its overarching mission of helping lenders, dealers and consumers develop and nurture longer mutually beneficial relationships.
News: Battery-gate? Warranty-gate? Charge-gate? Tesla Under Fire After Series Of Class Action Lawsuits
Mortgage and Finance News: (IRVINE, Calif.) The Law Offices of Edward C. Chen have filed a series of class action lawsuits against Tesla, Inc. for issues relating to the recent battery fires that have occurred worldwide and for Tesla's used/certified pre-owned car sales.
News: Lawsuit Filed Against Uber in San Francisco Superior Court
Mortgage and Finance News: (SAN FRANCISCO, Calif.) On July 8, 2019, Rahman Law PC filed a lawsuit on behalf of their client, a cyclist, against Uber after Uber failed to take responsibility for a May 23, 2018 accident in which an Uber driver veered across several lanes of traffic on Market Street in San Francisco, running a bicyclist off the road and into a light pole. The reckless behavior of the Uber driver was caught on video by witnesses.
News: EPIC Insurance Brokers and HR Hotlink Partner for the Benefit of California New Car Dealers
Mortgage and Finance News: (SAN FRANCISCO, Calif.) EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today a marketing and distribution agreement with HR Hotlink. Both firms are longtime valued partners of the California New Car Dealers Association (CNCDA).
News: Buckhead Atlanta Realtor Lists 446 Acre Luxury Georgia Estate Featuring One of the World’s Best Car-Collector Garages
Mortgage and Finance News: (ATLANTA, Ga.) Debra Johnston - Berkshire Hathaway HomeServices Georgia Properties, has announced Georgia's best custom masterpiece estate. 3509 Tanners Mill Circle offers a range of unique benefits, from a large car-collector showroom to 446 acres of breathtaking picturesque grounds, all available for $16.5 million.
News: Introducing Aclaro TrueView: The Fintech Solution Set to Revolutionize Lending Risk Analysis
Mortgage and Finance News: (MIAMI, Fla.) Aclaro, the leading provider in blockchain-based open platform solutions, recently released its latest A.I. solution. The new tool, Aclaro TrueView is designed to provide automotive and other lenders with a competitive advantage through robust features that save them time, money, and facilitate better lending decisions.
News: EPIC Insurance adds Eric Kitei as a Principal in Southern California
Mortgage and Finance News: (LOS ANGELES, Calif.) EPIC Insurance Brokers and Consultants ('EPIC') announced today that risk management and insurance professional Eric Kitei has joined the firm's operations in Southern California as a Principal, focusing on the unique needs of auto dealers and others in the automotive industry.
News: Click n’ Close Digital Mortgage Platform Partners with NASCAR, Richard Petty Motorsports
Mortgage and Finance News: (DAYTONA BEACH, Fla.) Click n' Close, a division of Mid America Mortgage, Inc., has entered into official partnership agreements with the sanctioning body, NASCAR, and one of the most iconic race teams in the sport, Richard Petty Motorsports. The collaborations designate Click n' Close as the "Official Mortgage Provider of NASCAR" in addition to becoming a partner of Richard Petty Motorsports.
EPIC Insurance Expands and Strengthens its Six Year Relationship with CNCDA
Mortgage and Finance News: (SACRAMENTO, Calif.) EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, and the California New Car Dealers Association (CNCDA) jointly announced today that CNCDA has expanded their relationship with EPIC, appointing the insurance broker / consultant as their exclusive licensed broker to provide health and welfare insurance consulting to CNCDA members across the state.