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Matt Babcock of Wolters Kluwer on how digital transformation continues to gain steam in auto financing
Matt Babcock, who heads up digital lending product strategy for Wolters Kluwer, returned for another visit on the Auto Remarketing Podcast. Wolter Kluwer recently released its latest quarterly Auto Finance Digital Transformation Index. Babcock recapped the sustained upward trajectory the ... Listen Here
SPONSORED EPISODE: The Buy Online Shift & What Dealers Need to Know Now
In this sponsored episode of the Auto Remarketing Podcast, Cox Automotive’s Jeri Reichel joins us to speak to the evolving Buy Online experience. She shares more about how shopper expectations are changing and what dealers should understand and do as ... Listen Here
The Spark Between EVs & CPO
In light of electric vehicle maker VinFast launching a certified pre-owned program in the U.S., Auto Remarketing senior editor Joe Overby connects with leaders from the EV space to discuss why the segment is a natural fit for CPO and ... Listen Here

6 suggestions for handling summertime heat

heat picture
BHPH Report Staff
Coming off of record-breaking warmth in July, summertime heat is still impacting significant parts of the country, potentially creating sweltering conditions at your dealership. KPA, a leading provider of Environmental Health & Safety (EHS), HR Management and F&I compliance software and services, ... [Read More]

Former NIADA president faces 17 counts in federal indictment

DOJ picture
BHPH Report Staff
The former president of the National Independent Automobile Dealers Association and his store’s finance manager have been indicted by a federal grand jury in Erie, Pa., on charges of conspiracy, bank fraud and wire fraud, according to a news release ... [Read More]

Latest bankruptcy trends prompt www.OnlineBKmanager.com to ramp up offering

subprime credit report
BHPH Report Staff
The team at www.OnlineBKmanager.com is responding to help dealerships after seeing the latest bankruptcy data because a pool of more than 750,000 potential customers has developed so far this year. According to data through July provided by Epiq Systems, the ... [Read More]

Tricolor augments offering to credit-invisible consumers with insurance package

approve
BHPH Report Staff
Tricolor made another move on Tuesday to grow its business that focuses on the sale and financing of vehicles to the Hispanic consumer. Tricolor unveiled what it called a “groundbreaking, affordable” auto insurance option for low-income and credit invisible customers ... [Read More]

Bankruptcies make notable jump in July

bankruptcy 1
BHPH Report Staff
Buy-here, pay-here dealerships might see their potential buyer base grow as summer rolls along, stemming from the jump in bankruptcies filed in July. According to data provided by Epiq Systems, the American Bankruptcy Institute (ABI) reported this week that total U.S. ... [Read More]

NIADA sets more records during national convention

NIADA convention 19 pic for web
BHPH Report Staff
As the association announced Oliver North as keynote speaker for its annual event on Capitol Hill coming next month, the National Independent Automobile Dealers Association highlighted the final results from its national convention this past June. And as they say, ... [Read More]

Tricolor and Ganas leverage WhatsApp integration to reach Hispanic car shoppers

whatsapp pic for web
BHPH Report Staff
The Tricolor Auto Group in Texas and the Ganas Auto Group in California are again using technology to reach potential Hispanic customers. LivePerson Automotive, a division of global conversational commerce solutions provider LivePerson, recently launched its first WhatsApp implementation for ... [Read More]

Auto Care Association reveals board members, growth of Capitol Hill organization

capitol hill
BHPH Report Staff
As its Capitol Hill organization reached a new threshold of participating federal lawmakers, the Auto Care Association recently announced the elected members of its board of directors for 2019-2020. This board is effective as of July 1. The members of ... [Read More]

NIADA unveils compliance management system with ComplyNet

compliance pic
BHPH Report Staff
The National Independent Automobile Dealers Association is looking to give members all the resources they need to be compliant with the state and federal regulations that oversee their retail and financing operations. As a result, NIADA recently formed a strategic ... [Read More]

Family pleads guilty for using Texas BHPH dealership to launder gambling proceeds

money-stack
BHPH Report Staff
The Justice Department received guilty pleas from an east Texas buy-here, pay-here dealer, his wife and son in connection with a scheme to use the dealership as a cog in an illegal gambling machine that lasted more than 30 years. ... [Read More]

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