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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

3 sample responses to overcome concerns about buying now

Advent Resources
BHPH Report Staff
Big Time Advertising founder, president and CEO Terry MacCauley acknowledged your potential buyers might be hesitant to take delivery nowadays. MacCauley said those individuals might be wary about the general economy, uneasy about the upcoming election, or stretched thin because ... [Read More]

Empire Indemnity Insurance Company Risk Retention Group aligns with TIADA

news update
BHPH Report Staff
Empire Indemnity Insurance Company Risk Retention Group recently joined the business partner program orchestrated by the Texas Independent Automobile Dealers Association (TIADA). This strategic partnership aims to support TIADA’s education and legislative and regulatory efforts on behalf of independent dealers ... [Read More]

Dealio Technologies completes acquisition of AutoZoom

BHPH Report Staff
Dealio Technologies recently completed the acquisition of Auto Loan Technologies — better known as AutoZoom, which is a risk analytics system utilized by buy-here, pay-here dealers. The result of the move is a revamped tool for operators now called Dealio ... [Read More]

COMMENTARY: What running dealerships and driving a Bugatti Veyron have in common

Joe Allen, Ignite Consulting Partners
Imagine owning a Bugatti Veyron, one of the most luxurious and high-performance vehicles in the world, which will cost between $1.2 million for a used one and up to $2.5 million for a new one. Would you ever consider taking ... [Read More]

Total July bankruptcy filings spike 24% year-over-year

bankruptcy
BHPH Report Staff
Economists on Monday discussed whether the U.S. already is in a recession. The newest bankruptcy data provided by Epiq AACER might reinforce the point-of-view from experts who see things already in a recessionary state. Also surfacing Monday, Epiq reported total ... [Read More]

New survey reflects small businesses’ hope for elected leaders, economy & more

NIADA gearing up for annual Capitol Hill event
BHPH Report Staff
The National Independent Automobile Dealers Association makes its annual pilgrimage to Capitol Hill in September, and National Write Your Congressman (NWYC) gave another view about how those operators might be feeling when they travel to Washington, D.C. NWYC, another organization ... [Read More]

Pennsylvania parolee sentenced to 30 months in federal prison for odometer fraud scheme

BHPH Report Staff
Earlier this month, a Pennsylvania man already on parole was sentenced to 30 months’ imprisonment by U.S. District Court Judge Christopher Conner following his conviction for odometer tampering and forging vehicle titles. The U.S. Attorney’s Office for the Middle District ... [Read More]

SmartGroups to launch BHPH & LHPH 20 groups this fall

BHPH Report Staff
SmartGroups is expanding its 20 group program for dealerships into the buy-here, pay-here and lease-here, pay-here spaces. The company said on Thursday that its inaugural meetings for these new groups are scheduled for October in Charlotte, N.C. “At SmartGroups, we ... [Read More]

PassTime claims 2024 IoT Evolution Product of the Year Award

BHPH Report Staff
PassTime is celebrating more than recovered vehicles this week. The company announced that Encore has received a 2024 IoT Evolution Product of the Year Award from IoT Evolution World, a leading website covering internet of things technologies. PassTime Encore is ... [Read More]

COMMENTARY: Reinforcing 4 basics of bankruptcy

COMMENTARY: I hate my job — post-repossession Article 9 letters
Steve Levine, Ignite Consulting Partners
It seems that at least once a week, a bankruptcy question comes up in one of the dealer/creditor social media groups that we follow. The questions usually involve either selling a vehicle to someone that has filed bankruptcy or repossessing ... [Read More]

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