EFG Press Room

EFG Companies: It’s Time for Retailers and Lenders to Get Back to Basics for a Successful 2024

DALLAS, TX (December 19, 2023) – EFG Companies recommends a ‘return to the basics’ in 2024 to offset revenue headwinds driven by high interest rates, inflated vehicle pricing, and margin pressures. Read More▸

EFG Companies Launches Two New Marine Protection Products, and an Enhanced Powersports GAP Program

DALLAS, TX (November 28, 2023) – As part of the company’s continued growth and commitment to the powersports space, EFG Companies announced the expansion of its marine product suite and a new GAP program. Read More▸

EFG Companies Expands Leadership Ranks Expanding Client F&I Revenue Generation and Wealth Creation

DALLAS, TX (August 8, 2023) – EFG Companies has expanded its leadership team reflecting growth opportunities in powersports, dealership training, and profit participation programs. Read More▸

EFG Companies Ranks as a National Standard for Employee Engagement, Reflecting Company Vision and Delivering Value for Clients

DALLAS, TX (July 25, 2023) – EFG Companies employees ranked the company as one of the most innovative, engaged employers among business service companies in north Texas. Read More▸

Market Strength and Consumer Confidence Among Industry Concerns for a Profitable Second Half of the Year

DALLAS, TX (July 12, 2023) – While EFG Companies sees some market strength and positive economic and consumer trends, slow inventory growth, price concerns and stubborn inflation have the potential to create revenue barriers in the second half of 2023 for the retail automotive and powersports industries. Read More▸

EFG Companies Competes on Global Stage; Wins 12th Gold Business Award

DALLAS, TX (March 7, 2023) – EFG Companies announced today that the company earned two Gold and two Silver awards at the 17th Annual Stevie® Awards for Sales and Customer Service. Read More▸

EFG Companies Launches F&I Profit Guarantee; Puts Money Where Its Mouth Is

DALLAS, TX (February 28, 2023) – EFG Companies today announced its F&I Profit Guarantee in which EFG compensates new clients if revenue goals are not met within a stipulated timeframe. Read More▸

EFG Companies Predicts Hard-Fought Revenue in 2023 Amidst Economic Challenges

DALLAS, TX (January 10, 2023) – EFG Companies sees the end of record-high front-end profit coupled with external economic challenges impacting the retail automotive, powersports, and automotive lending industries in 2023. Read More▸

EFG Adds National Accounting Expert to Senior Leadership Team

Dallas, TX (October 11, 2022) – EFG Companies today announced the expansion of the company’s senior leadership with Andy Kennedy serving as Vice President, Treasurer and Controller. This addition reflects the company’s commitment to its client base as they navigate the rapidly changing financial landscape and consumer buying behavior. Read More▸

EFG Expands C-Suite Spearheading Technology Innovation to Support Industry Evolution

DALLAS, TX (September 20, 2022) – EFG Companies today announced the expansion of the company’s C-suite leadership with Joe Vide as Chief Information Officer, reflecting the company’s commitment to supporting the rapidly evolving consumer protection product industry. Read More▸


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