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This Month's Focus

Artificial Intelligence
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Alfa Recon leverages AI to strengthen data migration
Monday, May. 18, 2026, 11:11 AM
Alfa, provider of Alfa Systems, strengthened its data migration toolbox last week with the launch of Alfa Recon, a new artificial intelligence-enabled reconciliation module. Designed to help customers migrate legacy data and acquired portfolios to Alfa Systems more quickly, more ... Read More
Dealer group C-suite executives examine role of AI at auto retailers
Monday, May. 18, 2026, 10:23 AM
Artificial intelligence in auto retail, says Zeigler Auto Group chief operating officer Sam D’Arc, is in a similar place as digital retail was 4-5 years ago. There’s a lot of excitement, but perhaps not a complete understanding of how AI ... Read More
Dealers look to AI for customer experience boost
Monday, May. 18, 2026, 10:10 AM
Sam D’Arc doesn’t remember what his query was when he first used ChatGPT, but the response was fast and accurate. “It caused a little bit of awe and surprise in how well it extracted information into the answer to the ... Read More
Flipping EV battery risk into faster sales
Monday, May. 18, 2026, 07:49 PM
We continue our episodes of the Auto Remarketing Podcast originating from the Live Stage, which was sponsored by SYCN Auto Logistics, during the Used Car Industry Summit in Miami this spring. AVILOO chief executive officer Brett Lippel focused on what ... Listen Here
What actually sells cars on social media?
Monday, May. 18, 2026, 07:42 PM
We begin our episodes of the Auto Remarketing Podcast originating from the Live Stage, which was sponsored by SYCN Auto Logistics, during the Used Car Industry Summit in Miami this spring. Bryan Pascual, founder of DealerCarLeads, answers one of the ... Listen Here
Tiger Okeley describes what it’s like for BHPH dealers during another turbulent year
Tuesday, May. 12, 2026, 01:47 PM
Tiger Okeley is the executive board member of Oak Motors, a buy-here, pay-here dealership that’s been in business for more than 40 years in central Indiana. Having seen boom times, recessions, and more, Okeley shared his insight to help owners ... Listen Here

May bankruptcy filings reverse trajectory after 2 months of increases

bankruptcy image
Thursday, Jun. 10, 2021, 03:00 PM
BHPH Report Staff
A jump in bankruptcies lasted just two months before returning to levels seen during most of last year. Epiq recently released its May bankruptcy filing statistics from its AACER bankruptcy information services business, reporting that new filings for May dropped ... [Read More]

ACV rolls out financing flexibility to smooth title issues & more

George Chamoun
Wednesday, Jun. 9, 2021, 06:42 PM
BHPH Report Staff
Floorplan providers are taking extensive actions nowadays to help independent dealerships secure the inventory they need as the wholesale market is impacted by soft volumes and soaring prices. After moves by Cox Automotive’s NextGear Capital as well as KAR Global’s ... [Read More]

AFC now offers independent dealers flexible payment alternative

AFC execs for web
Tuesday, Jun. 8, 2021, 02:11 PM
BHPH Report Staff
For independent dealers with cash flexibility, AFC is rolling out a program to leverage that liquidity when securing inventory during these unprecedented times in the wholesale market. On Tuesday, the business unit of KAR Global announced that it now offers ... [Read More]

PODCAST: Recapping Compliance Unleashed with Ignite’s Steve Levine

Steve Levine with logo for web
Thursday, Jun. 3, 2021, 03:07 PM
BHPH Report Staff
Ignite Consulting Partners chief legal and compliance officer Steve Levine returned for another visit; this time recapping on the Auto Remarketing Podcast how cathartic it was to host the firm’s compliance training event again in person. Levine also described how ... [Read More]

Agora Data closes second group securitization involving 40 BHPH operators & finance companies

money-key
Thursday, Jun. 3, 2021, 03:00 PM
BHPH Report Staff
Agora Data again used the old adage, “strength in numbers,” to leverage the capabilities of the securitizations market for operations that typically do not have the size or scale to attract investment-community interest. This week, the company announced the successful ... [Read More]

After a year of separation, independent dealers eager for in-person training

business excellence
Tuesday, Jun. 1, 2021, 02:28 PM
Nick Zulovich, Senior Editor
Chuck Bonnano is the vice president of dealer development at the National Independent Automobile Dealers Association. Brent Carmichael is the 20 group moderator, consultant and instructor with NCM Associates. As engaging as both Bonnano and Carmichael are, a Zoom meeting ... [Read More]

Car-Mart enjoys numerous successes during 2021 fiscal year

new carmart logo for web_0
Thursday, May. 27, 2021, 03:14 PM
BHPH Report Staff
With America’s Car-Mart locations turning vehicles on a monthly pace at a record level, the buy-here, pay-here dealership network closed its 2021 fiscal year with the highest amount of quarterly revenue in company history. The successes prompted Car-Mart president and ... [Read More]

NextGear engages First Gear specifically for new independent dealers

money, crystal ball_787102489
Tuesday, May. 25, 2021, 01:57 PM
BHPH Report Staff
You’re a new operator. You’ve pooled together your savings; maybe some help from family or friends, too, but you're still short on cash to open your doors.  NextGear Capital is looking to be the financial resource to help independent automotive ... [Read More]

PODCAST: Byrider leaders expecting notable growth, including new franchisees

podcast image
Thursday, May. 20, 2021, 03:26 PM
BHPH Report Staff
Byrider chief executive officer Craig Peters and vice president of franchising Chris Hadley stopped by for this episode of the Auto Remarketing Podcast, highlighting not only the company’s successes through the pandemic but also the growth potential through its revamped ... [Read More]

Tricolor recaps recent successes in Hispanic market via new white paper

tricolor white paper screen shot for web
Tuesday, May. 18, 2021, 02:02 PM
BHPH Report Staff
Tricolor — a tech-enabled Community Development Financial Institution (CDFI) and one of the nation’s largest used-vehicle retailers that caters to Hispanic consumers — said in a new white paper that, in fact, 96% of its customers are Hispanic. And the ... [Read More]

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