The News Media of the Pre-Owned Industry

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
This Month's Focus

Turbocharged Finance
Presented by
Latest two moves by US Bank have dealers & OEMs in mind
U.S. Bank made a pair of moves last week geared to boost its position in automotive with dealerships and OEMs. First, U.S. Bank said it is launching redesigned BMW, MINI and BMW Motorrad Mastercard credit card products that offer cardholders ... Read More
TransUnion and Bankrate collaborate to broaden credit offers  
TransUnion and Bankrate want to make it easier for millions of Americans to find personalized credit offers that meet their needs. On Wednesday, the companies announced they’re working even closer together to deliver smarter matching by combining Bankrate’s lender marketplace ... Read More
COMMENTARY: The LLM compliance paradox & separating conversational AI from quantitative underwriting
It’s hard to open a newspaper or read a tech article today without seeing at least some mention of large language models (LLMs) and their usage in just about any industry. The auto lending sector is no exception, with LLMs ... Read More
Ben Sporn of VIP Automotive Group Takes DIY Approach to AI
Ben Sporn is the chief marketing officer of VIP Automotive Group on Long Island, N.Y. , where he runs operations and artificial intelligence projects at his family’s 10-store dealer group. He also has a tech background, having worked for Google ... Listen Here
SPONSORED PODCAST: Securing the Vehicle Handoff with Secure Vehicle Transfer
In this episode of the Auto Remarketing Podcast, Bill Zadeits speaks with Lainey Sibble and Eric Schwartz from Central Dispatch about the newest technology impacting vehicle transport: Secure Vehicle Transfer. Learn more about this impactful technology and how it’s helping ... Listen Here
SPONSORED EPISODE: High-quality used inventory via the service drive with AutoHub’s Dan Gaughan
Some of the best used-car inventory a dealer could want is sitting right in their own service lane every day. In this special sponsored episode of the Auto Remarketing Podcast, AutoHub general manager Dan Gaughan took dealers through a proven ... Listen Here

National Lenders joins 4 state dealership associations

National Lenders Houston office for web
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

alcantara for web
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

bankruptcy image
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

BMW for NIADA auction for web
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

FIADA executive director for web
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

podcast image
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

NIADA 2022 quality dealer logo for web
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

ken terkel and eric hurst for web
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

bankruptcy 1
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

money-key
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]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X