Experts give context for 14% annual rise in bankruptcies
Thursday, Jan. 9, 2025, 11:28 AM
National Lenders General Agency adds ‘game-changer’ with Murphy as CPI program agent
Tuesday, Jan. 7, 2025, 09:57 AM
TrueSpot & PassTime partner to provide location and asset tracking solutions
Thursday, Jan. 9, 2025, 11:27 AM
New federal laws trigger bankruptcy jump to close Q3
Tuesday, Oct. 15, 2019, 03:51 PM
BHPH Report Staff
Triggered in part by changes in federal laws, bankruptcy filings jumped noticeably to finish the third quarter. According to data provided by Epiq Systems, the American Bankruptcy Institute (ABI) reported total U.S. filings came in at 61,113 in September, up ... [Read More]
Spireon data shows nearly 28% improvement in recovering impounded vehicles
Thursday, Oct. 10, 2019, 03:06 PM
BHPH Report Staff
Spireon’s latest data showed its GPS solutions generated significant improvements when vehicles in the portfolios of buy-here, pay-here dealers end up in troubling place for operators — an impound lot. Spireon reported on Thursday that so far in 2019, significantly ... [Read More]
NIADA highlights success of 2019 National Policy Conference
Tuesday, Oct. 1, 2019, 02:13 PM
BHPH Report Staff
Much is happening on Capitol Hill nowadays, but the National Independent Automobile Dealers Association made sure its members are not lost in all activities. Independent dealers from across the nation came out in force to make their voice heard by Congress ... [Read More]
Tax Max and Autotrader collaborate to enhance BHPH dealer opportunities
Tuesday, Oct. 1, 2019, 02:12 PM
BHPH Report Staff
October is here, and for one buy-here, pay-here industry service provider, it’s already tax season. Tax Refund Services, better known as Tax Max, announced on Tuesday that it is teaming up with the Buy-Here, Pay-Here Center on Autotrader. The provider ... [Read More]
Maryland dealership faces federal lawsuit over alleged discrimination
Tuesday, Oct. 1, 2019, 02:09 PM
BHPH Report Staff
The Fair Housing Testing Program conducted by the Department of Justice led to a lawsuit against a Maryland independent dealer. On Monday, officials filed a lawsuit alleging that defendant Guaranteed Auto Sales along with its owner and manager, defendants Kelly ... [Read More]
PassTime adds Encore to wireless GPS solution offerings
Wednesday, Sep. 25, 2019, 03:48 PM
BHPH Report Staff
On Tuesday, PassTime rolled out its latest GPS solution for subprime auto finance companies and buy-here, pay-here dealers; a tool branded as Encore. PassTime highlighted that Encore can deliver the performance, features and extensive battery life demanded by the asset protection ... [Read More]
Tricolor selects CEO of affiliate insurance company
Tuesday, Sep. 17, 2019, 03:29 PM
BHPH Report Staff
Tricolor tapped a new leader to oversee the insurance offering the company announced last month. Tricolor, one of the nation’s largest used-vehicle retailers focusing on the sale and financing of vehicles to Hispanic consumers, on Monday named Archie Gall as ... [Read More]
NIADA prepares for annual gathering on Capitol Hill
Tuesday, Sep. 10, 2019, 02:33 PM
BHPH Report Staff
The National Automobile Dealers Association is finalizing plans for its upcoming National Policy Conference; its annual event in Washington, D.C. Highlighted by a keynote presentation with Oliver North and a fireside chat with the director of the Consumer Financial Protection ... [Read More]
Consumer bankruptcies continue on upward track in August
Thursday, Sep. 5, 2019, 03:40 PM
BHPH Report Staff
While the year-over-year comparison showed a decrease in consumer filings, the American Bankruptcy Institute (ABI) found that individuals seeking this financial protection climbed again in August. According to data provided by Epiq Systems, consumer bankruptcy filings rose on a sequential ... [Read More]
Overcoming 4 main obstacles that delay training
Tuesday, Sep. 3, 2019, 04:33 PM
BHPH Report Staff
It’s now past Labor Day weekend. Much of the year already has passed, and the holiday season will be arriving soon enough. For dealerships that began 2019 with the intention of increasing in-store training, GWC Warranty compiled strategy to help ... [Read More]