Tag: Davis-Moore Auto Group

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2016 Innovator of the Year Competition

EFG Companies and Northwood University Announce Student Competitors and F&I Mentors in 2016 F&I Innovator of the Year Competition

2016 Innovator of the Year AwardStudents compete for $25,000 and the chance to see their F&I product in the market

EFG Companies, the innovator behind the award-winning Hyundai Assurance program, together with Northwood University, today announced the student competitors and F&I mentors participating in the second annual F&I Innovator of the Year competition. Vying for $25,000 in prize money, this year’s 18 contestants hail from Arizona, California, Illinois, Indiana, Michigan, New Jersey, Pennsylvania, and Wisconsin. For more information on the competition, visit http://bit.ly/Inn0v8te

The credit-based competition pits six teams of Northwood’s automotive students to conceptualize and build a new F&I product. Each team is mentored by an F&I director, and the competing teams develop a business case for their new F&I product that incorporates industry research, market viability, and the product’s potential to facilitate F&I product sales in franchise dealerships. The teams will also keep weekly, YouTube video diaries of their progress, challenges and breakthroughs.

“The mentors’ industry experience is invaluable in guiding the competitors on the real-world challenges facing dealerships today,” said John Pappanastos, president and CEO of EFG Companies. “From changing consumer purchasing behaviors, to increased FTC and CFPB compliance oversight, and a call for enhanced transparency, these mentors will impart a wealth of knowledge that spurs innovation among the students.”

The teams and mentors include:

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EFG Client Davis-Moore Automotive Receives Dealer of the Year Award

Dealer of the Year PhotoF&I and Showroom Magazine recognizes Davis-Moore for the auto group’s commitment to compliance in driving F&I profit

EFG Companies, the innovator behind the award-winning Hyundai Assurance program, is proud to recognize Davis-Moore Automotive for receiving the F&I and Showroom Magazine’s Dealer of the Year and Pacesetter Awards. The annual F&I Dealer of the Year award is given to a dealership or dealer group with a highly profitable F&I department that demonstrates a commitment to regulatory compliance.

Founded in 1955, Davis-Moore is a six-rooftop dealership in Kansas, with five stores in Wichita and the Clint Bowyer Autoplex in Emporia. Earlier this year, Davis-Moore won the Better Business Bureau Integrity Award, as well as a variety of Reader’s Choice awards from Wichita’s local newspaper, The Wichita Eagle.

“We are so proud to count Davis-Moore as part of our family of clients,” said John Stephens, Senior Vice President, Dealer Services, EFG Companies. “Davis-Moore has always been a dealer group with high integrity and an eye toward the future. Their recognition of the importance of compliance and serving the customer’s best interest has helped Davis-Moore raise the bar in this new era of F&I profitability.”

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Featured

EFG Companies and Northwood University Announce F&I Innovator of the Year Student Competitors and F&I Mentors

EFG Companies, the innovator behind the award-winning Hyundai Assurance program, together with Northwood University, today announced student competitors and F&I mentors participating in the first annual F&I Innovator of the Year Award competition.

The competition will pit six teams of Northwood’s junior and senior undergraduate automotive marketing and management students against one another to conceptualize and build a new F&I product while earning course credit. 

Each team includes an F&I director who will serve as a mentor and provide beneficial insight into the daily inner workings of automotive F&I.

“Because of their practical experience within dealerships, the mentors’ knowledge will be invaluable to the teams,” said John Pappanastos, President and CEO, EFG Companies. “The directors will help the teams understand compliance and its increasing impact on F&I, the changing profile of consumers, and the focus on client retention.”

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