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Dissecting evolving credit scores with Shams Blanc of FICO
Monday, Nov. 24, 2025, 03:34 PM
As much as auto-finance underwriting has become sophisticated, a potential starting point to determine if the applicant will be offered an installment contract is the credit score. Shams Blanc, who is vice president of auto scores at FICO, described the ... Listen Here
Used Car Week Hall of Famer Jerry Kroshus of Location Services
Wednesday, Nov. 12, 2025, 04:19 PM
Next up on our podcast series with 2025 Used Car Week Hall of Fame inductees is a conversation with Jerry Kroshus, who is CEO of Location Services. Cherokee Media President Bill Zadeits talks with Kroshus about his career journey in ... Listen Here
Used Car Week Hall of Famer Kathy Ruble of Ally
Tuesday, Nov. 11, 2025, 07:52 PM
Next up on our podcast series with 2025 Used Car Week Hall of Fame inductees, we catch up with Kathy Ruble, who is executive director of marketing, dealer financial services and communications at Ally. Ruble has been the longtime moderator ... Listen Here

PrimaLend files Chapter 11 bankruptcy but ‘not going out of business’

Wednesday, Oct. 22, 2025, 12:46 PM
BHPH Report Staff
Consumers aren’t the only ones seeking bankruptcy protection nowadays. PrimaLend Capital Partners and Good Floor Loans announced on Wednesday that they are pursuing what the floorplan provider called “a value-maximizing sale” through a voluntary Chapter 11 proceeding in the U.S. ... [Read More]

Carlyle makes multi-part commitment to Kinetic for growth in floorplan financing

money-key
Thursday, Oct. 16, 2025, 11:19 AM
BHPH Report Staff
Global investment firms continue to see opportunities in the automotive sector. A day after a move involving a lender that provides credit to consumers, another transaction came to light on Thursday involving a company that provides financial fuel for dealerships. ... [Read More]

Nearly 400K individuals have filed for bankruptcy so far this year

Thursday, Oct. 9, 2025, 11:47 AM
BHPH Report Staff
Here’s another notable sign about the struggles some consumers are experiencing this year. According to data provided by Epiq AACER, individual Chapter 7 bankruptcy filings through the first three quarters of 2025 jumped 15% compared to the first nine months ... [Read More]

NIADA gives CFPB two recommendations for defining ‘risks to consumers’

Tuesday, Oct. 7, 2025, 11:36 AM
BHPH Report Staff
Regulators often gravitate toward consumer risk when constructing and enforcing rules on businesses such as dealerships. The National Independent Automobile Dealers Association recently asked for some clarity from the Consumer Financial Protection Bureau on that subject. NIADA submitted comments to ... [Read More]

Why dealers need clear social media posting policy for employees

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Thursday, Oct. 2, 2025, 11:23 AM
BHPH Report Staff
Big Time Advertising founder and CEO Terry MacCauley recently discussed two of the most sensitive topics dealers can ever tackle. Politics and social media. “In today’s digital-first world, your social media presence is part of your brand, whether you like ... [Read More]

Kentucky dealer ready to moderate at NIADA BHPH Dealer Forum

Tuesday, Sep. 30, 2025, 10:12 AM
BHPH Report Staff
In just a year, Elisabeth Taylor will go from conference attendee to event roundtable moderator. The owner/operator of iGo Motors in Columbia, Ky., will be one of the featured dealer roundtable moderators for the NIADA BHPH Dealer Forum, which is ... [Read More]

Byrider investing in 3 franchisee software enhancements

Thursday, Sep. 25, 2025, 02:56 PM
BHPH Report Staff
This week, Byrider Franchising Partners announced a significant investment to modernize its proprietary Discover software platform. The buy-here, pay-here dealership franchise company said the initiative reflects Byrider’s 36-year commitment to advancing franchisee success through “resilient, efficient, and future-ready technology solutions.” ... [Read More]

NIADA recaps annual member visit to Capitol Hill

Thursday, Sep. 18, 2025, 02:47 PM
BHPH Report Staff
Along with its political action committee raising more than $100,000 during the event, the National Independent Automobile Dealers Association had nearly 150 dealers and industry members go to Capitol Hill on Tuesday during the NIADA Policy Conference to meet with ... [Read More]

From the editor: Tricolor downfall could ripple through industry for some time

Thursday, Sep. 11, 2025, 12:23 PM
Nick Zulovich, Senior Editor
What a mess. That’s the summation this scribe arrived at on Thursday morning after combing through the outstanding reporting by outlets such as Bloomberg, The Financial Times and Reuters about the major development in the subprime auto finance industry you ... [Read More]

Ongoing runup of bankruptcy filings harkens back to 2008

bankruptcy 2
Thursday, Sep. 4, 2025, 10:42 AM
BHPH Report Staff
Experts see current bankruptcy trends as a reminder of 2008. According to data provided by Epiq AACER, total U.S. bankruptcy filings in August increased 6% year-over-year to 47,936. That’s up from 45,177 filings a year ago. Epiq AACER reported total ... [Read More]
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