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Cox Automotive Investing in SilverRock Holdings for F&I Products

2016-01-28 17:45:46| AutomotiveDigest.com - Automotive Industry News

Cox Automotive has made a strategic investment in SilverRock Holdings, LLC, to offer products in the finance and insurance space for GO Financial and NextGear Capital affiliated dealers. That product lineup will soon offer warranty, insurance, and theft recovery products. Cox Automotive will have a minority interest in SilverRock Holdings, majority owned by Ernest Garcia and Ray Fidel of DriveTime through their separate company, Oreno Holdings, LLC. SilverRock Holdings provides F&I products such as Extended Vehicle Service Contracts, GPS theft recovery products, Guaranteed Asset Protection products (GAP), and auto insurance solutions to consumers through independent and franchise dealers. The Article Cox Automotive Investing in SilverRock Holdings for F&I Products appeared first on Automotive Digest.

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