Empire hires former Agora Data executive as regional VP of sales
Tuesday, Sep. 24, 2024, 12:27 PM
BHPH Report Staff
Empire Indemnity Insurance Company Risk Retention Group appointed Justin Stokes as its new regional vice president of sales. Based in Frisco, Texas, Empire said on Tuesday that Stokes brings two decades of experience in automotive finance and management with a ... [Read More]
4 ways to improve relationships with repeat customers
Thursday, Sep. 19, 2024, 10:26 AM
BHPH Report Staff
Big Time Advertising founder and CEO Terry MacCauley offered a variety of suggestions to help buy-here, pay-here and independent dealers secure an important resource to maintain profitability and success — repeat customers. “Retaining customers is more cost-effective than acquiring new ... [Read More]
Buckeye Dealership Consulting welcomes 2 more professionals, including new COO
Thursday, Sep. 12, 2024, 02:29 PM
BHPH Report Staff
Buckeye Dealership Consulting reinforced its management team again this week, hiring a chief operating officer and new business development manager. Coming aboard as COO of the provider of reinsurable products for dealers and finance companies is James O’Connell, who will ... [Read More]
6 Byrider franchisees buy assets from Altamont Capital Partners
Thursday, Sep. 12, 2024, 02:17 PM
BHPH Report Staff
Dealers make deals every day, but this one in the buy-here, pay-here segment is more than just stretching a nickel or two on a trade. Byrider announced on Thursday that an investor group of Byrider franchisees has acquired the assets ... [Read More]
Tricolor boosts recon capacity with Arizona facility
Tuesday, Sep. 10, 2024, 10:43 AM
BHPH Report Staff
Carvana has generated industry buzz in recent weeks with its “Megasites” in Houston and Kansas City, Mo., that are designed for high volumes of vehicle reconditioning. Tricolor is implementing a similar strategy, as the retailer focused on addressing the needs ... [Read More]
Bankruptcies stay on established track in August
Thursday, Sep. 5, 2024, 10:30 AM
BHPH Report Staff
Not much change on the bankruptcy front. Filings continued to climb with experts pointing to some of the same reasons mentioned previously for why they’ll keep rising as the year goes along. According to data provided by Epiq AACER, total ... [Read More]
Ignite: ‘Slow summer’ can be compounded by not addressing compliance risk
Tuesday, Sep. 3, 2024, 10:20 AM
BHPH Report Staff
Summer unofficially ended over the weekend with the passing of Labor Day. For weeks during the heat of summer, Ignite Consulting Partners said the firm’s experts have heard plenty of reasons why dealerships aren’t keeping resources in place to maintain ... [Read More]