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Dissecting evolving credit scores with Shams Blanc of FICO
Monday, Nov. 24, 2025, 03:34 PM
As much as auto-finance underwriting has become sophisticated, a potential starting point to determine if the applicant will be offered an installment contract is the credit score. Shams Blanc, who is vice president of auto scores at FICO, described the ... Listen Here
Used Car Week Hall of Famer Jerry Kroshus of Location Services
Wednesday, Nov. 12, 2025, 04:19 PM
Next up on our podcast series with 2025 Used Car Week Hall of Fame inductees is a conversation with Jerry Kroshus, who is CEO of Location Services. Cherokee Media President Bill Zadeits talks with Kroshus about his career journey in ... Listen Here
Used Car Week Hall of Famer Kathy Ruble of Ally
Tuesday, Nov. 11, 2025, 07:52 PM
Next up on our podcast series with 2025 Used Car Week Hall of Fame inductees, we catch up with Kathy Ruble, who is executive director of marketing, dealer financial services and communications at Ally. Ruble has been the longtime moderator ... Listen Here

More than 1 million businesses apply to SBA for PPP loan forgiveness

cash flag lens
Thursday, Sep. 23, 2021, 02:11 PM
BHPH Report Staff
For independent dealerships seeking to have their Paycheck Protection Program (PPP) forgiven, they are amongst a large number of other businesses. The U.S. Small Business Administration (SBA) announced this week that it reached a major milestone as its Paycheck Protection ... [Read More]

COMMENTARY: Can online video help you sell more cars?

best practices
Tuesday, Sep. 21, 2021, 02:31 PM
Kenny Atcheson, Dealer Profit Pros
More dealers advertise using online video but are unsure of the most effective strategy. One of the most important things to know is that online video is not television. Do not take your television commercial and slap it on YouTube. ... [Read More]

NextGear details $1.6B in recent transactions

Dave Horan NextGear for web
Thursday, Sep. 16, 2021, 03:23 PM
BHPH Report Staff
Obviously, operators need financial resources to run their dealerships. Capital providers do, too. And NextGear Capital announced on Thursday that it has more resources to help independent and buy-here, pay-here dealerships. The Cox Automotive division said it completed the renewal ... [Read More]

6 tips to spot Hurricane Ida-damaged vehicles

ida flood cars
Tuesday, Sep. 14, 2021, 02:13 PM
BHPH Report Staff
Experts from AiM Mobile Inspections are seeing history repeat itself. And it could mean even more headaches for independent and buy-here, pay-here dealerships already having trouble finding inventory. AiM Mobile Inspections is spotting flood-damaged vehicles surface because of Hurricane Ida ... [Read More]

Pandemic continues to slow bankruptcy filings

bankruptcy image
Thursday, Sep. 9, 2021, 03:01 PM
BHPH Report Staff
Just like the pandemic is slowing defaults and vehicle repossessions, COVID-19 is keeping bankruptcy courts quieter than usual, too. Epiq released its August bankruptcy filing statistics from its AACER bankruptcy information services business this week. [Read More]

Tricolor set to expand nationwide fueled by $90M in funds managed by BlackRock

daniel chu for web
Thursday, Sep. 9, 2021, 02:59 PM
BHPH Report Staff
Tricolor has operated its vehicle retail and financing enterprise focused on the Hispanic market for the past 14 years in California and Texas. Now with financial resources from one of the most notable investment firms in the country, Tricolor has ... [Read More]

Car-Mart elects new board member

new carmart logo for web_0_0
Thursday, Sep. 2, 2021, 03:48 PM
BHPH Report Staff
America’s Car-Mart announced the newest member of its board on Thursday. The company with a network of more than 150 buy-here, pay-here dealership said its stockholders elected Julia Davis to its board in a move that was effective as of ... [Read More]

NIADA names National Quality Dealer at annual convention

IMG_1607
Monday, Aug. 30, 2021, 08:55 PM
BHPH Report Staff
The National Independent Automobile Dealers Association named Cavender Auto chief executive Lee Cavender as its 2021 National Quality Dealer of the Year at last week’s NIADA Convention in San Antonio. Cavender, whose store is in Gainesville, Ga., is the first ... [Read More]

McCloskey commemorates 50 years in business by becoming new NIADA president

NIADA collage for web
Friday, Aug. 27, 2021, 08:13 PM
BHPH Report Staff
The new president of the National Independent Automobile Dealers Association is celebrating a significant anniversary, too. During the 75th annual NIADA Convention and Expo, Joe McCloskey began his term as for 2021-22 by receiving the President’s Ring; an accomplishment that ... [Read More]

IARA’s Long becomes newest member of NIADA’s Ring of Honor

Tony Long NIADA for web
Friday, Aug. 27, 2021, 01:53 PM
BHPH Report Staff
Among other awards given, the National Independent Automobile Dealers Association welcomed the newest member of its prestigious Ring of Honor. During Tuesday’s Leadership Awards, part of the 75th annual NIADA Convention and Expo at the Henry B. Gonzalez Convention Center ... [Read More]
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