PODCAST: Dealer Profit Pros president on the power of video
Tuesday, Feb. 8, 2022, 08:26 PM
BHPH Report Staff
While Kenny Atcheson has written books and been a regular contributor to BHPH Report, the founder and president of Dealer Profit Pros is back for another appearance on the Auto Remarketing Podcast to discuss the potential benefits of using video. ... [Read More]
NIADA launches upgraded CPO program
Tuesday, Feb. 1, 2022, 05:26 PM
BHPH Report Staff
Certified pre-owned sales often generate some of the most robust sales — and potential profit — for franchised dealerships. Well, the National Independent Automobile Dealers Association revamped its vehicle certification program, so independent operations can gain a bigger piece of ... [Read More]
Buckeye Dealership Consulting modifies corporate structure to handle growth
Thursday, Jan. 27, 2022, 03:53 PM
BHPH Report Staff
Buckeye Dealership Consulting recently reorganized its operation in an effort to serve its clients better. The provider of reinsurance, F&I, warranty and service contract products, dealer education, consulting, and performance groups for independent dealers created new divisions for automotive services, ... [Read More]
NIADA bolsters advocacy with new government affairs director
Wednesday, Jan. 19, 2022, 08:47 PM
BHPH Report Staff
As the organization also got its preparations in motion for its annual convention, the National Independent Automobile Dealers Association (NIADA) reinforced its government advocacy on Wednesday with the addition of Christina Perez as director of government affairs. NIADA highlighted that ... [Read More]
COMMENTARY: 3 growth opportunities for independent dealers in 2022
Wednesday, Jan. 19, 2022, 07:39 PM
Scott Maybee, NextGear Capital
I’ve been in the automotive industry for more than 15 years and, hands down, this is one of the most unusual markets I have ever seen. Despite predictions by industry experts that independent auto dealers would not fare well during ... [Read More]
700 Credit and eLEND Solutions tout dealer benefits of using ID Drive
Tuesday, Jan. 18, 2022, 04:16 PM
BHPH Report Staff
Tim Brackenbury serves as operations director for Texas Auto, an independent dealership with a pair of locations north and south of Houston. In a news release from 700 Credit and eLEND Solutions, Brackenbury described the successes of using ID Drive, ... [Read More]
Total 2021 bankruptcies drop nearly 25%
Thursday, Jan. 13, 2022, 04:34 PM
BHPH Report Staff
Total annual bankruptcy filings decreased nearly 25% year-over-year, according to data shared and discussed by Epiq and the American Bankruptcy Institute (ABI). [Read More]
PODCAST: Agora Data on current status of dealership financials & securitization market
Tuesday, Jan. 11, 2022, 03:15 PM
BHPH Report Staff
Steve Burke’s role as chief executive officer of Agora Data gives him a tremendous vantage point to access the current financial status of independent and buy-here, pay-here dealerships as well as activities within the automotive securitization market. And during the ... [Read More]
Ohio dealer’s nearly $400K settlement shows potential employment compliance pitfalls
Thursday, Jan. 6, 2022, 04:56 PM
BHPH Report Staff
Compliance expert Randy Henrick, who also is a part of the team at Ignite Consulting Partners, shared a costly example of how not following federal statutes when making personnel decisions can inflict some significant financial pain on independent and buy-here, ... [Read More]
COMMENTARY: Preparing for a unique 2022 after a unique 2021
Tuesday, Jan. 4, 2022, 03:17 PM
Kenny Atcheson, Dealer Profit Pros
There have been so many changes and unique circumstances that affect the market and your business. They must be considered as you plan for success in 2022. What to do about it all? First, plan to do something different — ... [Read More]
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