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Executive Spotlight with Chris Forgione of Formula Automotive

Executive Spotlight with Chris Forgione of Formula Automotive

Do you regularly review and maximize your reimbursement rates to ensure efficiency and profitability? In the AutoSuccess Executive Spotlight, host Brian Ankney discusses warranty rate disparity in automotive dealerships with Chris Forgione of Formula Automotive....

What Can Help Justify Your 2024 Submissions

What Can Help Justify Your 2024 Submissions

Are you prepared for your 2024 submissions? What are some ways to move the needle and amplify your warranty rate in 2024? Labor Rate Market Study - Ensure your door rate is maximized and in line with your competition.   Repair Order Discount Analysis - Ensure...

How Does Formula Keep Your Data Safe?

How Does Formula Keep Your Data Safe?

Earlier this year, The Federal Trade Commission (FTC)’s Gramm-Leach-Bliley Act (the Safeguards Rule), became effective, including amendments reflective of today's risk landscape and technology.    The updated rule (effective on June 9) requires dealers to...

Warranty reimbursement can provide financial lift to dealerships

Warranty reimbursement can provide financial lift to dealerships

Car dealerships should hire an outside vendor to pursue warranty reimbursement because of the legalese and varying state statutes involved. [original article posted on Automotive News.] Between ongoing talent shortages, inflation concerns and vehicle...

Newly Launched Formula Automotive Warranty Reimbursement Consultancy

Newly Launched Formula Automotive Warranty Reimbursement Consultancy

[Originally posted by Auto Success] The company provides both parts and labor submissions with optimal rates by leveraging years of experience, a deep understanding of complex state statutes, and advanced knowledge of manufacturer protocols. Formula Automotive...