WSIADA partners with ComplyNet to boost resources for Washington state independent stores
Friday, Sep. 22, 2023, 11:06 AM
BHPH Report Staff
This week, ComplyNet announced a strategic partnership with the Washington State Independent Auto Dealers Association (WSIADA) in a move aimed at streamlining compliance processes for independent stores in the Evergreen State. In an era of increasing regulatory scrutiny and growing ... [Read More]
PODCAST: More guidance for handling eOSCAR system updates
Thursday, Aug. 31, 2023, 10:33 AM
BHPH Report Staff
Earlier this summer, eOSCAR — the web-based system that can enable data furnishers (DFs) and credit reporting agencies (CRAs) to respond to consumer credit history disputes — made major technology upgrades, which created several operational changes. To help buy-here, pay-here ... [Read More]
Indiana independent dealers celebrate convention’s return
Tuesday, Aug. 29, 2023, 03:09 PM
BHPH Report Staff
The Indiana Independent Auto Dealers Association (IIADA) recently hosted its first convention in more than a decade, celebrating achievements and milestones of its members and industry leaders. The first recipient of the IIADA Distinguished Member Award was Kesler Schaefer Auto ... [Read More]
Agora Data finalizes fourth private term financing
Tuesday, Aug. 22, 2023, 11:28 AM
BHPH Report Staff
Agora Data announced last week that it closed a $160 million private term financing on Aug. 11, marking the fourth privately placed term financing for the company that offers low-cost capital along with performance data and analytics for independent and ... [Read More]
NIADA gearing up for annual Capitol Hill event
Thursday, Aug. 17, 2023, 10:45 AM
BHPH Report Staff
In about a month, the National Independent Automobile Dealers Association will host its National Policy Conference in Washington, D.C. Along with meetings on Capitol Hill with lawmakers and their staffs, NIADA will host regulators and other experts for conversations and ... [Read More]
Buckeye Dealership Consulting acquires Berkshire Risk Services
Tuesday, Aug. 8, 2023, 03:20 PM
BHPH Report Staff
Consolidation appeared in the buy-here, pay-here industry on Tuesday. Buckeye Dealership Consulting announced the acquisition of Berkshire Risk Services in a merger bringing together two industry service providers committed to empowering dealers and finance companies with innovative risk management tools ... [Read More]
Bankruptcies dip sequentially in July but rise year-over-year
Tuesday, Aug. 8, 2023, 11:59 AM
BHPH Report Staff
While softening sequentially, bankruptcy filings rose notably in July. According to data provided by Epiq Bankruptcy, total bankruptcy filings came in at 35,716 in July, representing a 15% increase from last July’s total of 30,862. Epiq reported individual bankruptcy filings ... [Read More]