How Chicago BHPH dealer enjoyed ‘small miracle’ via TurboPass
Monday, Nov. 16, 2020, 08:24 PM
BHPH Report Staff
A buy-here, pay-here operator with four locations in the Chicagoland area evidently enjoyed a “small miracle” with the aid of TurboPass. Earlier this year, Chicago Car Center began using TurboPass reports to streamline the verification process in all of its ... [Read More]
October bankruptcies remain off year-over-year
Monday, Nov. 16, 2020, 08:22 PM
BHPH Report Staff
While bankruptcy filings continue to be lower year-over-year, leadership of the American Bankruptcy Institute is maintaining that cases are likely to spike as both businesses and consumers continue to navigate pandemic-created financial challenges. According to data provided by Epiq Systems, total ... [Read More]
Petersen leaves NIADA to join Buckeye Dealership Consulting
Thursday, Nov. 12, 2020, 04:44 PM
BHPH Report Staff
Another executive from the National Independent Automobile Dealers Association has taken a role with a service provider for buy-here, pay-here operators. Buckeye Dealership Consulting, which offers re-insurable products and other solutions for dealerships, announced this week that Shaun Petersen has ... [Read More]
PassTime details advantages of new connected-vehicle platform
Thursday, Nov. 12, 2020, 04:42 PM
BHPH Report Staff
PassTime is leveraging the capability of connected vehicles in an effort to serve its clients better. This week, the provider of vehicle GPS solutions launched its OASIS v2 IoT platform, which utilizes telematics data from millions of connected vehicles to ... [Read More]
Newest NIADA National Member Benefit Partner aimed at cost management
Sunday, Nov. 8, 2020, 10:46 PM
BHPH Report Staff
While the market might be improving according to some industry research, the National Independent Automobile Dealers Association emphasized how important it for dealerships to make sure they’re executing spend management best practices and strategies to be in an optimal position ... [Read More]
Byrider donates another $10K to Riley Hospital for Children
Thursday, Nov. 5, 2020, 03:31 PM
BHPH Report Staff
Byrider gave something a little more valuable than just candy this Halloween. This week, the chain of buy-here, pay-here dealerships announced it donated $10,000 for Riley Hospital for Children through its annual Race For Riley, held on Saturday at New ... [Read More]
Tax Max continues partnership with NIADA
Tuesday, Nov. 3, 2020, 03:19 PM
BHPH Report Staff
It’s November, meaning it’s tax season for some buy-here, pay-here dealerships. To help operators who use this strategy, tax preparation specialist Tax Max has renewed its National Member Benefit partnership with the National Independent Automobile Dealers Association, providing exclusive offers ... [Read More]
Byrider franchisee returns to northern Louisiana
Thursday, Oct. 29, 2020, 02:11 PM
BHPH Report Staff
Multiple hurricanes pushing through Louisiana haven’t slowed a Byrider franchisee from opening a revamped facility. The network of buy-here, pay-here dealership announced this week Byrider is returning to Monroe, La., with a new store opening set for Friday, less than ... [Read More]
JPMorgan Chase exec to become Texas Capital CEO
Thursday, Oct. 29, 2020, 02:09 PM
BHPH Report Staff
New leadership now is in place for one of the primary capital providers for buy-here, pay-here dealers This week, Texas Capital Bancshares, the parent company of Texas Capital Bank, announced that Rob Holmes has been appointed chief executive officer, president ... [Read More]
NIADA hires new CEO from third-party logistics industry
Wednesday, Oct. 28, 2020, 05:17 PM
BHPH Report Staff
The National Independent Automobile Dealers Association has a new chief executive officer. Hired for the role and replacing longtime CEO Steve Jordan, who left in August and is now an executive at KAR Global, is Robert Voltmann, who comes over ... [Read More]