Veteran industry trio rolls out collections service provider tailored for BHPH
Tuesday, Oct. 15, 2024, 11:56 AM
BHPH Report Staff
This week, industry veterans Travis Ross, Mike France and Jeff Anderson launched a specialized outsourced collections service tailored for buy-here, pay-here dealerships. The trio with more than 70 years of combined experience sees Auto Collect Solutions as a service provider ... [Read More]
Experts see hurricanes adding to bankruptcy surge already spotted in Q3
Tuesday, Oct. 8, 2024, 02:13 PM
BHPH Report Staff
As if hurricanes don’t already cause enough destruction, experts see these wicked storms adding more fuel to the ongoing rise in bankruptcies. According to data provided by Epiq AACER on Monday, total bankruptcy filings through the first three quarters of ... [Read More]
NIADA roundup: New 20 group moderator, Helene help & Policy Conference recap
Thursday, Oct. 3, 2024, 01:20 PM
BHPH Report Staff
The National Independent Automobile Dealers Association recapped several developments on Wednesday, including its new 20 group moderator and consultant for buy-here, pay-here dealers, fundraising to help members impacted by Hurricane Helene and the successes of its 2024 Policy Conference in ... [Read More]
COMMENTARY: Lessons of leadership during a crisis
Tuesday, Oct. 1, 2024, 01:58 PM
Steve Levine, Ignite Consulting Partners
Like everyone else, I’m watching the horrible news coming out of North Carolina with a heavy heart. The devastation and suffering will impact that area and those people enduring Hurricane Helene’s aftermath for years to come. These catastrophic events have ... [Read More]
Former DriveTime exec to become Car-Mart COO
Tuesday, Sep. 24, 2024, 12:30 PM
BHPH Report Staff
America’s Car-Mart will have a new chief operating officer coming aboard on Oct. 7. According to an announcement made on Tuesday, Car-Mart has appointed Jamie Fischer as COO. Fischer will join the company that operates 149 dealerships and more than ... [Read More]
Empire hires former Agora Data executive as regional VP of sales
Tuesday, Sep. 24, 2024, 12:27 PM
BHPH Report Staff
Empire Indemnity Insurance Company Risk Retention Group appointed Justin Stokes as its new regional vice president of sales. Based in Frisco, Texas, Empire said on Tuesday that Stokes brings two decades of experience in automotive finance and management with a ... [Read More]
4 ways to improve relationships with repeat customers
Thursday, Sep. 19, 2024, 10:26 AM
BHPH Report Staff
Big Time Advertising founder and CEO Terry MacCauley offered a variety of suggestions to help buy-here, pay-here and independent dealers secure an important resource to maintain profitability and success — repeat customers. “Retaining customers is more cost-effective than acquiring new ... [Read More]
Buckeye Dealership Consulting welcomes 2 more professionals, including new COO
Thursday, Sep. 12, 2024, 02:29 PM
BHPH Report Staff
Buckeye Dealership Consulting reinforced its management team again this week, hiring a chief operating officer and new business development manager. Coming aboard as COO of the provider of reinsurable products for dealers and finance companies is James O’Connell, who will ... [Read More]
6 Byrider franchisees buy assets from Altamont Capital Partners
Thursday, Sep. 12, 2024, 02:17 PM
BHPH Report Staff
Dealers make deals every day, but this one in the buy-here, pay-here segment is more than just stretching a nickel or two on a trade. Byrider announced on Thursday that an investor group of Byrider franchisees has acquired the assets ... [Read More]
Tricolor boosts recon capacity with Arizona facility
Tuesday, Sep. 10, 2024, 10:43 AM
BHPH Report Staff
Carvana has generated industry buzz in recent weeks with its “Megasites” in Houston and Kansas City, Mo., that are designed for high volumes of vehicle reconditioning. Tricolor is implementing a similar strategy, as the retailer focused on addressing the needs ... [Read More]