Fasten Welcomes Todd Caputo to Accelerate Innovation and Growth in Automotive Finance

At Fasten, we are always looking for ways to make car ownership easier, more affordable, and more rewarding for both consumers and dealerships. That’s why we’re excited to announce that Todd Caputo, an industry veteran with over 30 years of experience in automotive retail, finance, and customer loyalty, has joined Fasten as a Strategic Advisor.

A Proven Track Record of Automotive Excellence

Todd Caputo brings a wealth of knowledge and experience to Fasten. With over three decades in automotive retail, Todd’s expertise spans dealership operations, business scaling, and customer loyalty. He is known for his ability to drive dealership profitability while building lasting relationships with customers.

From General Manager to Industry Innovator: Todd’s Journey to Success

Todd's career began in 1994 when he became General Manager of Sun Chevrolet, a dealership he later acquired in 2012. Under his leadership, Sun Chevrolet grew into a $200 million annual revenue business. 

Todd’s entrepreneurial mindset led him to transform several independent dealerships into a high-volume brand, “Used Car King”, further solidifying his position as a leader in the industry. 

In late 2020, Todd’s dealerships were acquired by EchoPark, a division of Sonic Automotive. This acquisition included both his three independent used car dealerships, branded as "Used Car King," and his new car dealership, Sun Chevrolet. As part of the acquisition, Todd joined the leadership team as the Director of Delivery Center Operations for EchoPark, where he contributed to their strategic growth until May 2022.

Key Strategies That Shaped Todd’s Success:

Todd has consistently implemented forward-thinking strategies to propel dealership growth and customer loyalty. His approach to innovation covers:

• Centralized Business Development Centers (BDC): Streamlining operations to enhance customer engagement and boost sales efficiency.

• Omnichannel E-Commerce Sales: Integrating digital and physical sales processes to meet modern consumer demands.

• Efficient Vehicle Reconditioning: Creating centralized facilities to improve vehicle turnaround times and reduce costs.

• Brand Building & Marketing: Expanding market share through digital and traditional marketing while creating lasting customer loyalty.

  
  

Collaborating with Industry Leaders: Todd’s Impact Beyond His Dealerships

Todd has also invested in and collaborated with leading automotive technology companies, including Dealer.com, ACV Auctions, and Roadster. His work with industry leaders such as Cox Automotive, Ally Smart Auction, and Dealer Inspire on software development projects has helped shape the future of automotive technology.

Todd Caputo’s Vision: Shaping the Future of Automotive Loyalty

“I’m excited to join Fasten as a Strategic Advisor,” said Todd Caputo. “The automotive industry is rapidly evolving, and Fasten is at the forefront of creating innovative solutions that drive customer loyalty and dealership profitability. I look forward to working with the team to help dealerships thrive in today’s competitive environment.”

Looking Ahead: A Strong Future for Fasten and the Automotive Industry

Todd’s appointment is a significant milestone for Fasten as we continue to push the boundaries of innovation in automotive finance. We’re eager to work alongside Todd to accelerate our growth, expand our product offerings, and provide both consumers and dealerships with the tools they need to succeed in an ever-changing marketplace.

About Fasten

Fasten is an innovative financial technology company focused on making car ownership more affordable and rewarding. Our flagship product, the Fasten Rewards™ Visa Card, offers consumers the opportunity to earn valuable rewards on car-related expenses, while helping dealerships build stronger, more profitable relationships with their customers.