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Recapping credit scores & other trends in auto finance with Shams Blanc of FICO
Shams Blanc, head of auto scores at FICO, made another appearance on the Auto Remarketing Podcast to elaborate more about the fall edition of the FICO Score Credit Insights report. Along with recapping what’s going on in auto finance, Blanc ... Listen Here
SPONSORED EPISODE: Greenville Auto Auction Celebrates 16 Years—A look back and a look ahead
On this sponsored episode of the Auto Remarketing Podcast, Bill Zadeits visits with Billy Willis and Kevin Stallings of Greenville Auto Auction. The auction celebrates 16 years in early September, and the guys talk about the history of the sale, ... Listen Here
Wide-ranging car-business conversation with Lotlinx chairman and CEO Len Short
Lotlinx chairman and CEO Len Short firmly believes car dealers are the most resilient operators in any business. During this episode of the Auto Remarketing Podcast, Short explained why he is anticipating dealers showing that resilience again because it’s needed ... Listen Here

Tricolor selects CEO of affiliate insurance company

new hire 2
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

capitol hill
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

bankruptcy 2
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

training
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]

AGORA bolsters senior management team as platform launch nears

new hire
BHPH Report Staff
This week, AGORA Data added two new executives to its leadership team as the company positions itself to release a tool aimed at connecting dealers and the capital markets. The Texas-based provider of technology and financial solutions for the automotive ... [Read More]

Dealer guide to information security before and after Labor Day weekend

dealership and couple
Ann Nickolas, Stericycle
Labor Day weekend marks the end of the summer sales season. With hard-to-pass up offers being promoted, shoppers will be hitting their local dealerships to take advantage of the deals. Annual holiday weekends like Labor Day bring in an increase ... [Read More]

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]

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