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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

Auction123 becomes newest NIADA National Member Benefit Partner

partnership gears
BHPH Report Staff
More tools to help members of the National Independent Automobile Dealers Association arrived last week. Auction123, powered by ARI Network Services and a provider of responsive website software, inventory management and automated inventory listings solutions, joined with the association as ... [Read More]

PODCAST: Examining appetite for bulk-portfolio purchases

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BHPH Report Staff
In an effort to touch on an array of topics within the used-vehicle industry, Nick recently connected with AGORA founder and chief executive officer Steve Burke for a podcast about how the market for bulk portfolio purchases is behaving. With ... [Read More]

PassTime integrates with Solutions By Text to maintain customer contact

person on phone near cars
BHPH Report Staff
For the second time this month, PassTime finalized another relationship to help buy-here, pay-here dealerships and finance companies that participate in the subprime space. After solidifying a relationship with AFS Dealers, the automotive GPS solutions provider recently announced it has ... [Read More]

Consumer bankruptcy filings dip as commercial cases soar in February

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BHPH Report Staff
As commercial filings spiked, the American Bankruptcy Institute reported that consumer filings softened in February. According to data provided by Epiq Systems, total bankruptcy filings decreased 1 percent to 56,118 in February from the 56,732 cases filed in February of ... [Read More]

COMMENTARY: 2 factors fuel optimism in latest NIADA Business Confidence Survey

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Scott Lilja and Jennifer Reid, NIADA and Equifax
Independent auto dealers weren’t sold on the economy at large heading into 2019. But they were mildly optimistic about the outlook for their businesses, according to the results of NIADA’s latest Business Confidence Survey. While dealers expecting the overall economy ... [Read More]

PassTime and AFS Dealers finalize software integration

partnership gears
BHPH Report Staff
Collections and repossessions might be a little easier now for buy-here, pay-here and lease-here, pay-here operators who use PassTime and AFS Dealers. The companies announced this week they have completed a software integration and strategic partnership. Executives highlighted that AFS ... [Read More]

Partnership helps dealers navigate tax season

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Auto Remarketing Staff
Scott Lilja, who is senior vice president of member services at the National Independent Automobile Dealers Association, says dealers are very aware of the importance of tax season for their industry. And the association has been aware that Tax Max ... [Read More]

Ignite Consulting Partners to host ‘Compliance Unleashed’

training
BHPH Report Staff
Before a state or federal regulator knocks on your door or delivers a message to your inbox, Ignite Consulting Partners wants your shop to be prepared. The firm, which advises finance companies, dealers and other lenders on compliance, cybersecurity, process ... [Read More]

AGORA finalizes integration with AutoManager

news update
BHPH Report Staff
Make it five integrations with dealership management systems for AGORA. Within a week of announcing a relationship with Auto Master Systems, AGORA finalized its relationships with AutoManager, a dealer software development company located in southern California that offers three principal ... [Read More]

Car-Mart footprint rises to 144 stores

latest news
BHPH Report Staff
America’s Car-Mart expanded its network of buy-here, pay-here dealerships, according to an announcement distributed on Tuesday. The company said it reopened a store located in Tyler, Texas, lifting its total dealership count to 144. Car-Mart now has 13 dealerships in ... [Read More]

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