Experts give context for 14% annual rise in bankruptcies
Thursday, Jan. 9, 2025, 11:28 AM
National Lenders General Agency adds ‘game-changer’ with Murphy as CPI program agent
Tuesday, Jan. 7, 2025, 09:57 AM
TrueSpot & PassTime partner to provide location and asset tracking solutions
Thursday, Jan. 9, 2025, 11:27 AM
COMMENTARY: ‘Accurate Thinking’ for both baseball and your dealership
Tuesday, Apr. 5, 2022, 01:43 PM
Kenny Atcheson, Dealer Profit Pros
As I write this article, Major League Baseball is back with Opening Day arriving on Thursday. While the players union and team owners hashed out their collective bargaining agreement, I rarely heard anything about the group of people who matter ... [Read More]
DealerSocket integrates with AutoMobile Technologies to streamline recon workflow
Thursday, Mar. 24, 2022, 02:49 PM
BHPH Report Staff
DealerSocket is looking to help operators get their inventory to stand tall on the front line faster, especially if the vehicles are arriving in rough shape and need notable repairs. On Wednesday, DealerSocket announced a partnership with AutoMobile Technologies, an ... [Read More]
Despite tax refunds up 13%, some consumers might not be in a vehicle-buying place
Thursday, Mar. 24, 2022, 02:10 PM
Nick Zulovich, Senior Editor
Perhaps if there is not a parade of potential vehicle buyers arriving at your dealership this tax season, a trio of consumer surveys might shed light on why; even though the average federal income tax refund is 13% higher this ... [Read More]
Terkel & Hurst in leadership roles for new reinsurance firm
Tuesday, Mar. 22, 2022, 04:09 PM
BHPH Report Staff
Buy-here, pay-here dealers as well as lease-here, pay-here operators now have another option for reinsurance products. On Tuesday, MEI Group announced the launch of Empire Indemnity Insurance Co., RRG and National Lenders General Agency, specializing in reinsurance products for dealerships ... [Read More]
Agora Data seeks patent for subprime prediction tool
Tuesday, Mar. 22, 2022, 04:07 PM
BHPH Report Staff
Agora Data is trying to be an industry pioneer in multiple ways. After being successful multiple times with group securitizations involving paper originated by buy-here, pay-here dealerships, the company that strives to provide BHPH dealers and small to mid-sized finance ... [Read More]
NIADA notes: Newest National Corporate Partner & convention keynote speaker
Thursday, Mar. 17, 2022, 03:15 PM
BHPH Report Staff
Along with revealing who will give the keynote address of the 2022 NIADA Convention and Expo, the National Independent Automobile Dealers Association also announced its newest Gold-level National Corporate Partner. Coming aboard in that capacity on Wednesday was LHPH Capital, ... [Read More]
Car-Mart hires former CarMax exec as new EVP of procurement & inventory
Thursday, Mar. 17, 2022, 03:13 PM
BHPH Report Staff
Brian Stone is shifting from one large, publicly traded dealership company to another. America’s Car-Mart announced on Wednesday that Stone has been named as executive vice president of procurement and inventory in a move effective on Monday. Car-Mart highlighted Stone ... [Read More]
Bankruptcies turn upward in February
Tuesday, Mar. 15, 2022, 04:33 PM
BHPH Report Staff
Despite February being the shortest month on the calendar, Epiq and the American Bankruptcy Institute (ABI) spotted a sequential rise in total filings during the month. [Read More]
CARite pledges $1M to St. Jude Children’s Research Hospital
Thursday, Mar. 3, 2022, 03:59 PM
BHPH Report Staff
CARite has an ambitious fundraising goal. Through its philanthropic organization — Car Dealers Care National Foundation — the dealership network that works with consumers with soft credit backgrounds announced on Thursday a $1 million fundraising commitment benefiting St. Jude Children’s ... [Read More]
Registration starts for 2022 NIADA Convention and Expo
Tuesday, Mar. 1, 2022, 03:29 PM
BHPH Report Staff
It just turned March, but the National Independent Automobile Dealers Association already has June on its mind. Registration is now open for the 2022 NIADA Convention and Expo, which is back in its traditional June dates. And for the first ... [Read More]