FOR IMMEDIATE RELEASE
EFG Companies Announces Strategic
Training Alliance with ADP Dealer Services
IRVING, Texas — October 17,
2005 — In an effort to expand its
award-winning training options, The Dealer Services Group of Automatic Data
Processing, Inc. (NYSE: ADP) has joined with EFG Companies, a leading provider
of automotive Finance & Insurance products, services and technologies, to
bring EFG Companies’ Finance & Insurance (F&I) training to more than
9,000 ADP Dealer Services’ clients nationwide.
"We are pleased and
honored that ADP has chosen to join with EFG Companies in this F&I training
venture,” said Thomas E. Larkin, President and CEO of EFG Companies. “The
ADP-EFG training alliance provides dealership sales professionals with an
unprecedented opportunity to accelerate store profitability.”
The interactive F&I
training is designed to grow a dealer’s F&I and aftermarket penetration and
profits. The training involves a rigorous five-day program that covers many
department-specific topics. During training, F&I sales teams refine their
techniques to sell even more extended warranties, credit insurance, road hazard
coverage, sealants and theft protection, among other coverage options.
According to David Robertson,
Executive Director of the Association of Finance & Insurance Professionals
(AFIP), “I have found EFG’s training program, both in philosophy and practice,
to be representative of the best F&I development services available today.
As a longstanding AFIP Industry Member, EFG has demonstrated a corporate
commitment to compliant ethical and regulatory F&I practices.” EFG
Companies’ F&I Training Program has also been endorsed by a group of top
dealer principals that includes the Ron Tonkin Auto Group, in Portland, OR,
which was awarded F&I Dealer of the Year in 2002 by F&I Management and
Technology Magazine.
Dealership sales persons who
complete the course will receive certification from EFG Companies to complement
their professional development portfolio.
“EFG Companies’ highly regarded
F& I training program will expand the depth of ADP’s extensive training
offerings,” said Becky Hubble, ADP’s senior director of training and
utilization services. “We are excited to add this vital course to our
educational curriculum.”
For additional course details,
please visit ADP Dealer Services’ Web site at:
www.dealersuite.com/DSHome/Training/TitlePage/training.jsp
About EFG Companies
EFG Companies (Enterprise
Financial Group, Inc.) is a leading provider of Finance & Insurance
products, services and technologies for the automotive industry. EFG has been
developing and distributing innovative profit solutions to retail dealerships
for more than 25 years. Headquartered in Irving, Texas, and licensed in 44
states, EFG Companies’ pioneering offerings are available through five
divisions: EFG Dealer Services, EFG Agency Services, EFG Technologies, EFG
Training Services, and WALKAWAY USA, LLC. Website: www.efgcompanies.com
Media Contact:
Jeff Beaver
EFG Companies
972-445-8336
jbeaver@efgusa.com
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