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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

Kinetic Advantage rolls out monthly subscription service for independent dealers

PassTime & ABCoA integrate Encore into Deal Pack
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
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
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.
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
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
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
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
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
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
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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