Agora Data recommits to being NIADA partner
Thursday, Apr. 21, 2022, 03:45 PM
BHPH Report Staff
Agora Data announced this week that it is continuing as a National Corporate Partner of the National Independent Automobile Dealers Association (NIADA). The company, whose suite of resources empowers independent dealers and finance companies to finance more non-prime customers, plans ... [Read More]
Byrider adds 2 more inductees into its Hall of Fame
Tuesday, Apr. 19, 2022, 02:38 PM
BHPH Report Staff
Byrider recently inducted two more operators into its Hall of Fame, which recognizes contributions to the growth and culture of the buy-here, pay-here dealership chain. Bringing the Byrider Hall of Fame to 18 members, the newest inductees are Winston Sleeth ... [Read More]
Bankruptcies close Q1 with notable rise
Tuesday, Apr. 19, 2022, 02:36 PM
BHPH Report Staff
Just like fuel prices and the costs of many other goods and services, the volume of bankruptcy filings jumped significantly to finish the first quarter. According to data provided by Epiq Bankruptcy, filings in March increased … [Read More]
NIADA notes: Another National Corporate Partner & director of education
Thursday, Apr. 7, 2022, 03:34 PM
BHPH Report Staff
Along with adding a new staff member in charge of dealer education, the National Independent Automobile Dealers Association also selected its newest Gold-level National Corporate Partner. According to a news release distributed this week, that partner is National Lenders General ... [Read More]
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]
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