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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
Path to delivering education in Spanish with Ignite Dealer Compliance Group
Steve Levine has dozens of dealer clients with Spanish as their native language. Those dealers also have hundreds of Hispanic customers who cannot speak or understand English. To fill compliance and training gaps created by language challenges, the owner of ... Listen Here

Former SCUSA, Capital One technology executive joins Tricolor

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BHPH Report Staff
A technology expert who has held top roles at Santander Consumer USA and Capital One now is a part of Tricolor, one of the largest used-vehicle retailers focusing on the sale and financing of vehicles to Hispanic consumers, This week, ... [Read More]

Bankruptcy filings rise to open 2019

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BHPH Report Staff
Bankruptcy filings jumped on both a year-over-year and month-over-month basis to begin 2019. According to data provided by Epiq Systems, the American Bankruptcy Institute reported that U.S. bankruptcy filings increased 11 percent in January from December. Officials said bankruptcy filings ... [Read More]

Money matters: 3 major accounting changes to watch

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Nick Zulovich, Senior Editor
The most recent changes to the federal tax code certainly generated plenty of attention. But Steven Carstens — a partner at Shilson, Goldberg, Cheung & Associates, which is an accounting firm that specializes in the buy-here, pay-here industry — thinks the windfall ... [Read More]

UPDATED: Gabler resigns as NIADA president; Mullinax installed

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BHPH Report Staff
NIADA’s executive committee dramatically changed to begin the second month of the year. Late on Friday afternoon, the National Independent Automobile Dealers Association said it received an official notice of resignation from its president, Andy Gabler, dated Thursday, effective immediately. ... [Read More]

IRS opens on time, reiterates dates for refund disbursement

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BHPH Report Staff
Now that the government shutdown has been halted until at least Feb. 15, the Internal Revenue Service announced on Monday that it successfully opened the 2019 tax-filing season as the agency started accepting and processing federal tax returns for tax ... [Read More]

NIADA brings on Home Loan Investment Bank as National Corporate Partner

auto financing
BHPH Report Staff
A financial services organization already with a long-standing relationship with NIADA recently expanded the partnership. Home Loan Investment Bank, whose auto finance division offers a Preferred Dealer Referral Program to independent dealers throughout the country, has joined with the National ... [Read More]

NextGear Capital’s streamlined auditing process now nationwide

computers and business
BHPH Report Staff
NextGear Capital has rolled out its new Self Reconciliation feature nationally, available through the Account Portal. The company says the Self Reconciliation functionality simplifies the necessary floorplan auditing process. In releasing the feature, NextGear noted it will help dealers who ... [Read More]

Total annual bankruptcy filings dip for 9th consecutive year

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BHPH Report Staff
The American Bankruptcy Institute highlighted that total filings in 2018 represented a decrease for the ninth year in a row. According to data provided by Epiq Systems, total bankruptcy filings in 2018 dropped 2 percent year-over-year. Filings fell from 766,761 ... [Read More]

PODCAST: AFC president Jim Money

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BHPH Report Staff
Automotive Finance Corp. president Jim Money shared a conversation with Nick during Used Car Week 2018 to discuss trends involving dealership floor planning and other commercial lending that helps stores thrive. Money also touched on how actions by the Federal ... [Read More]

IRS confirms tax refund plan despite government shutdown

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BHPH Report Staff
Buy-here, pay-here dealers who already delivered vehicles based on expected federal tax refunds likely let out a collective sigh of relief stemming from an announcement the Internal Revenue Service made late on Monday. Despite the government shutdown, the IRS confirmed ... [Read More]

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