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This Month's Focus

Turbocharged Finance
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Latest two moves by US Bank have dealers & OEMs in mind
U.S. Bank made a pair of moves last week geared to boost its position in automotive with dealerships and OEMs. First, U.S. Bank said it is launching redesigned BMW, MINI and BMW Motorrad Mastercard credit card products that offer cardholders ... Read More
TransUnion and Bankrate collaborate to broaden credit offers  
TransUnion and Bankrate want to make it easier for millions of Americans to find personalized credit offers that meet their needs. On Wednesday, the companies announced they’re working even closer together to deliver smarter matching by combining Bankrate’s lender marketplace ... Read More
COMMENTARY: The LLM compliance paradox & separating conversational AI from quantitative underwriting
It’s hard to open a newspaper or read a tech article today without seeing at least some mention of large language models (LLMs) and their usage in just about any industry. The auto lending sector is no exception, with LLMs ... Read More
SPONSORED EPISODE: High-quality used inventory via the service drive with AutoHub’s Dan Gaughan
Some of the best used-car inventory a dealer could want is sitting right in their own service lane every day. In this special sponsored episode of the Auto Remarketing Podcast, AutoHub general manager Dan Gaughan took dealers through a proven ... Listen Here
Behind the Scenes at Used Car Week
How does an event like Used Car Week come to life? What does this year’s conference have in store? How is agenda planning like Tetris? We go behind the scenes at UCW 2026 and answer those questions with producers extraordinaire ... Listen Here
Jeremy Louisos of Preowned Auto Logistics Returns to Show
Our “PAL” Jeremy Louisos of Preowned Auto Logistics is back on the show for a wide-ranging conversation about his work on remarketing industry committees and conferences, top issues and hot topics in auto transport and much more. The interview is ... Listen Here

Charity auctions raise nearly $34K for NIADA Foundation

NIADA foundation picture for BHPH
BHPH Report Staff
Jeff Baker came away from the auction at the recent National Independent Automobile Dealers Association Convention and Expo in Las Vegas as the owner of a beautiful truck. And what did he plan to do with it? “I haven't got ... [Read More]

Tale of the tape: Q1 deep subprime originations at independent versus franchised stores

buying car 1
BHPH Report Staff
It’s not news that independent and buy-here, pay-here dealers more often will complete vehicle deliveries with consumers with softer credit than their franchised store contemporaries. What is noteworthy is how Experian Automotive detailed the extra risk being facilitated through franchised ... [Read More]

May bankruptcy filings rise 5 percent

bankrupt
BHPH Report Staff
Thanks to “mounting financial pressures,” the American Bankruptcy Institute reported that total U.S. filings in May increased 5 percent year-over-year. According to data provided by Epiq Systems, bankruptcy filings totaled 69,668 in May, up from 66,138 cases registered in May ... [Read More]

NIADA Q2 survey shows dealer optimism wanes

car lot 6
BHPH Report Staff
As temperatures rise nationwide, independent dealership confidence is cooling a bit. Independent dealers backed off from their unprecedented high levels of optimism early in the year, but their outlook remains positive, according to the National Independent Automobile Dealers Association's Business ... [Read More]

NIADA Convention marks next stop in DealerSocket’s 4-show itinerary

Las Vegas
BHPH Report Staff
After participating in this year’s National BHPH Conference hosted by the National Alliance of Buy-Here, Pay-Here Dealers, technology provider DealerSocket is continuing to hit the trade show circuit with its comprehensive independent dealer platform. The company said its team has ... [Read More]

J.D. Byrider names new CEO

boardroom chairs at table
BHPH Report Staff
J.D. Byrider announced a major change in leadership on Tuesday as the franchise network of buy-here, pay-here dealerships recently appointed Craig Peters as chief executive officer, replacing Steve Wedding, who served the company for 25 years. The company indicated Wedding ... [Read More]

Attendees cheer NABD for latest conference

NABD 2017 pic for BHPH
BHPH Report Staff
Stemming from some of the feedback organizers shared, the National Alliance of Buy-Here, Pay-Here Dealers completed its mission during the 19th annual National BHPH Conference last month in Las Vegas. John Baughman of Lake Erie Auto Credit said, “I wanted ... [Read More]

5 elements of IMETRIK’s latest GPS update

row of cars 2
BHPH Report Staff
GPS tracking solution provider IMETRIK recently released its newest offering — 3.5G COLLECT — a GPS device the company indicated is designed specifically to track vehicles when the unit loses power. The company explained that one of the key features ... [Read More]

6 enhanced features of Spireon’s GoldStar GPS solution

shutterstock_86233399
BHPH Report Staff
During this week’s National Conference hosted by the National Alliance of Buy-Here, Pay-Here Dealers, Spireon mingled with hundreds of dealers and rolled out the latest version of its GoldStar GPS solution, offering dealers and finance companies that specialize in deep ... [Read More]

PassTime appoints new CEO & president

news report stock photo
BHPH Report Staff
A little more than two months following the passing of co-founder and chief executive officer Stan Schwarz, PassTime on Monday announced it has named Jeffrey “Jake” Frank as chairman and CEO of the GPS device company. Additionally, the company has ... [Read More]

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