6 industry leaders share 2020 expectations for BHPH
Tuesday, Jan. 7, 2020, 03:00 PM
BHPH Report Staff
Dealer Profit Pros president Kenny Atcheson closed 2019 by reaching out to an array of leading executives, experts and observers of the buy-here, pay-here industry and other parts of the automotive space to gather their expectations for 2020. From compliance ... [Read More]
To prevent fraud, Byrider chooses PointPredictive for machine learning AI
Thursday, Jan. 2, 2020, 06:29 PM
BHPH Report staff
PointPredictive says machine learning in its Auto Fraud Manager with Auto Fraud Alert Reporting mines historical data from applications across the industry “to pinpoint where fraud is happening.” PointPredictive launched Auto Fraud Manager with Auto Fraud Alert Reporting to help ... [Read More]
Rapid Recon becomes newest NIADA National Member Benefit Partner
Thursday, Dec. 12, 2019, 03:31 PM
BHPH Report Staff
In light of potential costs and urgency to get vehicles front-line ready as quickly as possible, reconditioning can be one of the most stressful, ongoing challenges facing independent dealers and buy-here, pay-here operators. To help stores of all sizes, Rapid ... [Read More]
Texas Capital announces merger with another Lone Star State bank
Tuesday, Dec. 10, 2019, 04:14 PM
BHPH Report Staff
One of the primary capital providers for buy-here, pay-here dealers not only in the Lone Star State, but elsewhere nationwide, is merging with another bank in Texas. On Monday, Texas Capital Bancshares, the parent company of Texas Capital Bank, and ... [Read More]
PODCAST: Guidance to maintain positive online reputation
Tuesday, Dec. 10, 2019, 04:11 PM
BHPH Report Staff
Kelly Blankenship and Richard Hudson from Ignite Consulting Partners shared valuable advice designed to help dealerships, finance companies and other service providers within the automotive industry. Blankenship and Hudson discussed ways that can prevent a consumer complaint from swirling into ... [Read More]
ABI spots bankruptcy slowdown in November, names new executive director
Thursday, Dec. 5, 2019, 03:13 PM
BHPH Report Staff
Along with announcing its next executive director, the American Bankruptcy Institute (ABI) this week also shared the November filing information that showed a slowing of cases after four months in a row of increases triggered by changes in federal laws. ... [Read More]
Agora Data and Ignite Consulting collaborate again to foster portfolio sales
Tuesday, Dec. 3, 2019, 03:44 PM
BHPH Report Staff
Agora Data and Ignite Consulting Partners took another step together in their working relationship on Monday to help buy-here, pay-here dealers and other operations that specialize in subprime auto financing. The companies have entered into an agreement whereby Ignite will ... [Read More]
PODCAST: Tricolor’s success in Hispanic market while preparing for possible recession
Tuesday, Dec. 3, 2019, 03:42 PM
BHPH Report Staff
This past fall, Nick Zulovich shared a conversation with Daniel Chu, who currently serves as founder and chief executive of Tricolor Auto Group and Ganas Holdings. The branded chain has 30 dealerships across 12 metropolitan markets in Texas and California. ... [Read More]
PODCAST: Daughtry’s tips to help dealers of all sizes
Tuesday, Nov. 26, 2019, 03:41 PM
BHPH Report Staff
When the National Independent Automobile Dealers Association hosted its Subprime BHPH Conference in Chicago earlier this fall, Nick Zulovich shared a conversation with veteran operator Gene Daughtry, who now is part of the team at Buckeye Dealership Consulting. Daughtry described ... [Read More]
PODCAST: NIADA recaps visit to Capitol Hill and other activities to help dealers
Tuesday, Nov. 26, 2019, 03:37 PM
BHPH Report Staff
Earlier this fall, Nick reconnected with NIADA senior vice president of legal and government affairs Shaun Petersen when the National Independent Automobile Dealers Association hosted its Subprime BHPH Conference in Chicago. Petersen not only recapped the association’s latest visit to ... [Read More]