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]
IRS filing & refund update: Return volume up 28%
Tuesday, Feb. 22, 2022, 02:29 PM
BHPH Report Staff
The latest update from the Internal Revenue Service shows the volume of individual tax filings and refunds is off to a roaring start this season. As of Feb. 11, the IRS said it has received 26,421,000 individual tax returns since ... [Read More]
NextGear & Manheim team up to enhance Flex Pricing
Thursday, Feb. 10, 2022, 04:06 PM
BHPH Report Staff
Your dealership customers likely are about to get an injection of cash via their federal tax return. NextGear Capital rolled out a program enhancement on Thursday designed to further improve cash flow for independent dealers to invest back into their ... [Read More]
January bankruptcy trends trigger close watch by experts
Thursday, Feb. 10, 2022, 04:04 PM
BHPH Report Staff
With a murky filing situation on the horizon for businesses — potentially trickling down to impacted consumers — bankruptcy experts are closely watching the newest data and trends originating from the first month of 2022. Last week, Epiq released its ... [Read More]
PODCAST: Dealer Profit Pros president on the power of video
Tuesday, Feb. 8, 2022, 08:26 PM
BHPH Report Staff
While Kenny Atcheson has written books and been a regular contributor to BHPH Report, the founder and president of Dealer Profit Pros is back for another appearance on the Auto Remarketing Podcast to discuss the potential benefits of using video. ... [Read More]
NIADA launches upgraded CPO program
Tuesday, Feb. 1, 2022, 05:26 PM
BHPH Report Staff
Certified pre-owned sales often generate some of the most robust sales — and potential profit — for franchised dealerships. Well, the National Independent Automobile Dealers Association revamped its vehicle certification program, so independent operations can gain a bigger piece of ... [Read More]
Buckeye Dealership Consulting modifies corporate structure to handle growth
Thursday, Jan. 27, 2022, 03:53 PM
BHPH Report Staff
Buckeye Dealership Consulting recently reorganized its operation in an effort to serve its clients better. The provider of reinsurance, F&I, warranty and service contract products, dealer education, consulting, and performance groups for independent dealers created new divisions for automotive services, ... [Read More]
NIADA bolsters advocacy with new government affairs director
Wednesday, Jan. 19, 2022, 08:47 PM
BHPH Report Staff
As the organization also got its preparations in motion for its annual convention, the National Independent Automobile Dealers Association (NIADA) reinforced its government advocacy on Wednesday with the addition of Christina Perez as director of government affairs. NIADA highlighted that ... [Read More]
COMMENTARY: 3 growth opportunities for independent dealers in 2022
Wednesday, Jan. 19, 2022, 07:39 PM
Scott Maybee, NextGear Capital
I’ve been in the automotive industry for more than 15 years and, hands down, this is one of the most unusual markets I have ever seen. Despite predictions by industry experts that independent auto dealers would not fare well during ... [Read More]