National Lenders joins 4 state dealership associations
Tuesday, Jun. 14, 2022, 01:48 PM
BHPH Report Staff
National Lenders General Agency is getting involved with the independent and buy-here, pay-here dealership segments in more ways that just offering its risk management services to clients. The company announced on Tuesday that it has joined four independent dealer associations, ... [Read More]
New CarLove franchisee ready to work in Atlanta
Thursday, Jun. 9, 2022, 02:36 PM
BHPH Report Staff
Buy-here, pay-here operators near Atlanta who need resources to get their inventory to stand tall on the front line now have another person to call thanks to Total Car Franchising Corp. The franchisor of Colors on Parade and CarLove mobile ... [Read More]
Mixed movements in May on bankruptcy front
Thursday, Jun. 9, 2022, 02:25 PM
BHPH Report Staff
While a portion of commercial filings made a note rise year-over-year, data provided by Epiq Bankruptcy showed that the overall bankruptcy total in May actually dropped by double digits compared to a year ago. The firm reported total bankruptcy filings ... [Read More]
‘Showstopping’ BMW to be auctioned for NIADA Foundation
Tuesday, Jun. 7, 2022, 02:05 PM
BHPH Report Staff
Attendees at the upcoming National Independent Automobile Dealers Association annual gathering who have a taste for luxury and an affinity to help others can satisfy both with one winning bid. For the 10th consecutive year, officials highlighted the NIADA Convention ... [Read More]
FIADA appoints former board member to be executive director
Thursday, May. 26, 2022, 01:55 PM
BHPH Report Staff
The process pf searching for and interviewing candidates took three months, but the Florida Independent Automobile Dealers Association (FIADA) board of directors is giving full support to its new executive director who previously served the organization. FIADA announced the appointment ... [Read More]
PODCAST: Getting on the right path to meet demands of FTC Safeguards Rule
Thursday, May. 26, 2022, 01:50 PM
BHPH Report Staff
ComplyNet president and general counsel Adam Crowell returned for another appearance on the Auto Remarketing Podcast; this time with the topic being the Safeguards Rule enhanced by the Federal Trade Commission. Dealerships have until December to get its compliance in ... [Read More]
12 finalists in running for NIADA’s 2022 National Quality Dealer Award
Tuesday, May. 17, 2022, 01:25 PM
BHPH Report Staff
A dozen operators are in the running for the National Independent Automobile Dealers Association’s highest honor for its member dealers. On Monday, NIADA announced the finalists for the 2022 National Quality Dealer Award. The 12 finalists have all been selected ... [Read More]
National Lenders rolls out aggressive CPI program
Thursday, May. 12, 2022, 03:01 PM
BHPH Report Staff
With an executive team in place as well as a relationship with the National Independent Automobile Dealers Association cultivated, National Lenders General Agency announced a new product offering this week. The firm specializing in reinsurance products for dealerships and finance ... [Read More]
Bankruptcy filings drop 21% in April
Thursday, May. 12, 2022, 02:49 PM
BHPH Report Staff
The drop in bankruptcy filings during April did not surprise industry experts. According to data provided by Epiq Bankruptcy, total U.S. filings last month decreased 21% from the previous year. [Read More]
Agora Data highlights latest crowdsourced securitization
Tuesday, May. 10, 2022, 02:46 PM
BHPH Report Staff
It appears Agora Data might be doing more than just creating a “level playing field” for dealerships and finance companies, but also providing a place for financial victories, too. On Monday, the auto fintech firm announced the closing of ACAST ... [Read More]