Bankruptcy filings remain steady through first half of 2019
Thursday, Jul. 11, 2019, 02:34 PM
BHPH Report Staff
While many economic and auto-finance metrics moved up or down during the first half of 2019, the American Bankruptcy Institute discovered total bankruptcy filings were not among those trends. According to data collected by Epiq Systems, ABI reported that total ... [Read More]
DealerSocket’s plan to create ‘buy-here, pay-anywhere’ operations
Tuesday, Jul. 2, 2019, 03:34 PM
BHPH Report Staff
DealerSocket is looking to help buy-here, pay-here dealerships improve one of the most important parts of their business — the “pay” segment. This week, DealerSocket rolled out several major enhancements designed to seamlessly integrate and simplify workflows related to the ... [Read More]
Economic impact of GPS outage could approach $1B daily
Thursday, Jun. 27, 2019, 02:44 PM
BHPH Report Staff
Oftentimes, one of the sharpest tools in a buy-here, pay-here dealership’s arsenal is using GPS devices to track their collateral in an effort to maintain contact with customers or begin the repossession process. But what if GPS suddenly became unavailable ... [Read More]
Byrider taps SiriusXM connected vehicle services
Thursday, Jun. 20, 2019, 04:28 PM
BHPH Report Staff
Byrider is continuing to make moves on the heels of its major rebranding initiative. The network of buy-here, pay-here stores this week announced a partnership with Automatic Labs, a SiriusXM company that looks to bring the power of connectivity to ... [Read More]
PODCAST: Why cloud computing could help your dealership
Wednesday, Jun. 19, 2019, 09:17 PM
BHPH Report Staff
Operators might have some knowledge about cloud computing, but Selly Automotive founder and chief executive officer Zach Klempf went into great detail about what this technology can do for dealerships, especially independent stores looking to keep costs under control. Klempf ... [Read More]
Spireon launches availability of GoldStar Connect in Spanish
Tuesday, Jun. 18, 2019, 03:19 PM
BHPH Report Staff
Spireon is diversifying its product offering. On Tuesday during the National Independent Automobile Dealers Association’s 2019 Expo and Convention, Spireon announced that its GoldStar Connect solution is now available in Spanish. The GoldStar Connect app can offer buy-here, pay-here dealers ... [Read More]
PassTime rolls out AT&T connectivity
Tuesday, Jun. 18, 2019, 03:18 PM
BHPH Report Staff
PassTime is now literally connected to AT&T. PassTime announced this week that it will add connectivity from AT&T’s LTE-M network to its family of GPS products and solutions for automotive asset management services. Company leaders insisted this development will enhance ... [Read More]
OfferUp rolls out auto platform to NIADA members
Tuesday, Jun. 11, 2019, 03:35 PM
BHPH Report Staff
National Independent Automobile Dealers Association members now have another online outlet to reach potential vehicle buyers who might already have used this particular platform to find shoes, furniture or other goods. OfferUp, one of the largest mobile marketplaces in the ... [Read More]
NIADA sees bright future for members and organization as annual convention arrives
Monday, Jun. 10, 2019, 02:56 PM
Nick Zulovich, Senior Editor
The exuberance in Steve Jordan’s voice is as apparent as a full-size truck that’s been enhanced with a lift kit, upgraded tires and sharp wheels. The chief executive officer of the National Independent Automobile Dealers Association emphasized his enthusiasm not ... [Read More]
5 elements of J.D. Byrider’s rebranding initiative
Tuesday, Jun. 4, 2019, 03:26 PM
BHPH Report Staff
One of the most successful and well-known operations ever to operate in the buy-here, pay-here dealership segment is changing its name. According to a news release distributed on Tuesday, J.D. Byrider announced a major rebranding, officially changing its name to ... [Read More]