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This Month's Focus

Artificial Intelligence
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EY study shows Canadians still cautious about AI but using it more for everyday activities
Monday, May. 11, 2026, 03:00 PM
This artificial intelligence is pretty smart, eh? That sentiment might be held by at least some Canadians who are already embedding AI into everyday decisions, often in ways that extend beyond simple assistance into early autonomy, even while concerns about ... Read More
Carfluent’s new AI tool helps dealerships beat aggregators in searches
Monday, May. 11, 2026, 09:51 AM
A growing percentage of consumers now use artificial intelligence as what marketplace Cars.com describes as a “trusted co-pilot” in their search for a vehicle to purchase. Meanwhile, other studies suggest that dealership websites are not visible to many of those ... Read More
ChatGPT app represents the latest step in CarMax’s ongoing AI evolution
Monday, May. 11, 2026, 09:45 AM
Yes, it’s AI — everyone’s favorite buzzword. But when it comes down to it, artificial intelligence is only part of what CarMax’s new ChatGPT app is all about. The company billed as the nation’s largest used-car retailer touted the app, ... Read More
Tiger Okeley describes what it’s like for BHPH dealers during another turbulent year
Tuesday, May. 12, 2026, 01:47 PM
Tiger Okeley is the executive board member of Oak Motors, a buy-here, pay-here dealership that’s been in business for more than 40 years in central Indiana. Having seen boom times, recessions, and more, Okeley shared his insight to help owners ... Listen Here
SPONSORED EPISODE: Know your Buyer & Grow your Lot
Tuesday, May. 12, 2026, 09:20 AM
In this insightful episode of the Auto Remarketing Podcast, Auto Trader and KBB executives Elizabeth Stegall and David Lumpkin share findings gleaned from Cox Automotive’s unique research into shoppers who buy from Independent Dealers. Learn how shifting buyer expectations connect ... Listen Here
FICO’s Shams Blanc on lenders sharpening underwriting & more
Wednesday, Apr. 29, 2026, 03:54 PM
Fresh off being in Miami as part of the Used Car Industry Summit that Cherokee Media Group hosted this spring, Shams Blanc, who is vice president of auto scores at FICO, appeared again on the Auto Remarketing Podcast. Blanc discussed ... Listen Here

Kinetic Advantage rolls out monthly subscription service for independent dealers

PassTime & ABCoA integrate Encore into Deal Pack
Friday, Jun. 2, 2023, 11:50 AM
BHPH Report Staff
Many of us have subscriptions for streaming music and video. Now dealers can get one for floor planning, too. On Thursday, Kinetic Advantage announced the launch of a subscription service in an effort to save independent dealers time and money. ... [Read More]

NIADA wants industry to ‘accelerate’ during annual convention

NIADA wants industry to ‘accelerate’ during annual convention
Thursday, Jun. 1, 2023, 11:41 AM
Nick Zulovich, Senior Editor
The National Independent Automobile Dealers Association coined this year’s annual convention with the moniker, “Accelerate.” Troy Scheer, who is NIADA’s director of marketing and communications, explained why the association branded their largest event with this title during an episode of ... [Read More]

MEI Group appoints president of automotive & finance division

MEI Group appoints president of automotive & finance division
Thursday, May. 25, 2023, 11:47 AM
BHPH Report Staff
MEI Group, the Texas-based organization that includes Empire Indemnity Insurance Co., RRG and National Lenders General Agency, specializing in reinsurance products for dealerships and finance companies in the BHPH, LHPH and point of sale markets, appointed a new president. The ... [Read More]

Policygenius survey: 17% of drivers have dropped their car insurance

Policygenius survey finds 17% drop car insurance.
Thursday, May. 18, 2023, 10:22 AM
BHPH Report Staff
A situation all too familiar to buy-here, pay-here dealerships — their customers dropping their car insurance — appears to be intensifying. With inflation levels at 5% stretching family budgets, findings from the Policygenius Car Insurance Affordability Survey showed 40% of ... [Read More]

One View hires former Auto/Mate DMS exec as VP of sales

One View hires former Auto/Mate DMS exec as VP of sales
Tuesday, May. 16, 2023, 11:16 AM
BHPH Report Staff
One View, a leading provider of document management solutions for automotive dealerships, announced the appointment of Jeff Lippold as the company’s new vice president of sales. With more than 25 years of experience in the automotive industry, the company whose ... [Read More]

Ignite uses recent $24M enforcement action by CFPB to reiterate importance of handling credit disputes

credit report image
Tuesday, May. 9, 2023, 11:27 AM
BHPH Report Staff
Ignite Consulting Partners recently reinforced its roster of compliance experts. The firm also relayed a tip of the week in connection with an enforcement action by the Consumer Financial Protection Bureau totaling more than $24 million to remedy alleged misdeeds ... [Read More]

2 notable trends from April bankruptcy report

bankruptcy
Thursday, May. 4, 2023, 12:03 PM
BHPH Report Staff
Epiq Bankruptcy uncovered a pair of notable trends included in the April filing data the firm shared this week. Perhaps more relevant to buy-here, pay-here dealerships are trends Epiq spotted for the first time since April and May of 2019. ... [Read More]

Tricolor gains US patent for AI-driven underwriting tool

Tricolor gains US patent for AI-driven underwriting tool
Tuesday, Apr. 11, 2023, 10:21 AM
BHPH Report Staff
Last week along with making a move with Point Predictive, Tricolor announced that it has secured U.S. Patent No. 11,574,362 for its artificial intelligence (AI) interactive tool called Automás. The company highlighted this new tool leverages data across Tricolor’s entire ... [Read More]

NIADA welcomes Buckeye as newest National Corporate Partner

NIADA welcomes Buckeye as newest National Corporate Partner
Tuesday, Apr. 4, 2023, 10:43 AM
BHPH Report Staff
The National Independent Automobile Dealers Association added more resources for members on Tuesday. Buckeye Dealership Consulting, a nationwide reinsurance services and F&I products provider for buy-here, pay-here and independent dealers, now is a Gold Level National Corporate Partner of NIADA. ... [Read More]

Bankruptcies surge to finish Q1

Bankruptcies surge to finish Q1
Tuesday, Apr. 4, 2023, 10:43 AM
BHPH Report Staff
Bankruptcy filings in 2023 clearly are on the rise. According to data provided by Epiq Bankruptcy on Monday, new bankruptcy filings in March registered year-over-year increases across all U.S. major filing categories for the third month in a row. Epiq ... [Read More]

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