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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

Ignite outlines 4 general attributes of a qualified individual (QI)

Federal Trade Commission
Thursday, Oct. 13, 2022, 05:07 PM
BHPH Report Staff
In another installment of its Tip of the Week, Ignite Consulting Partners reviewed what the Federal Trade Commission previously has stated about what attributes a qualified individual (QI) should have. These are the individuals at a dealership or finance company ... [Read More]

Bankruptcies climb for second straight month to close Q3

bankruptcy 1
Thursday, Oct. 6, 2022, 01:56 PM
BHPH Report Staff
As the economy loses steam, bankruptcy filings are gaining momentum. According to data released this week from Epiq’s Bankruptcy Analytics platform, year-over-year U.S. bankruptcy filings increased 7% across all chapters for the second consecutive month in September. Epiq reported that ... [Read More]

APCO Holdings offers free reinsurance guide for dealers

Used car prices sink 14% as Manheim index hits rock bottom
Tuesday, Oct. 4, 2022, 03:17 PM
BHPH Report Staff
APCO Holdings wants to help dealers get the most out of what reinsurance programs can provide. On Monday, the provider and administrator of automotive F&I products and home to the EasyCare and GWC Warranty brands, released a free guide for ... [Read More]

NIADA adds Glo3D as national corporate partner to help members with digital retailing

mobile car shopping
Thursday, Sep. 29, 2022, 02:51 PM
BHPH Report Staff
This week, the National Independent Automobile Dealers Association selected Glo3D.com, an automotive media software company, as a National Corporate Partner. As part of this partnership, NIADA said Glo3D.com will help more than 15,000 NIADA members revolutionize their online presence in ... [Read More]

Tricolor gains more financial resources, as Hispanic market continues to grow

Hispanic month
Thursday, Sep. 29, 2022, 02:47 PM
BHPH Report Staff
In celebration of Hispanic Heritage Month, the 2022 Hispanic Market Report generated by Claritas, a data-driven marketing company, showed the U.S. Hispanic population is exploding, with 89% growth since 2000. According to the report, around 66.5 million Hispanic consumers live ... [Read More]

Car-Mart hires Campbell to be president

car-mart for web
Tuesday, Sep. 27, 2022, 03:13 PM
BHPH Report Staff
Douglas Campbell possesses significant used-car experience at franchised stores as well as remarketing vehicles after they’ve been in a rental car fleet. Now Campbell is about to embark on a professional chapter within another part of the used-vehicle market — ... [Read More]

Agora Data lands $100M revolving credit facility

car and coins_5
Thursday, Sep. 22, 2022, 02:24 PM
BHPH Report Staff
Agora Data now has more financial fuel to maintain its energetic pace of providing independent dealers and finance companies precision performance analytics and access to ample, affordable capital. The fintech company announced this week that it closed a $100 million ... [Read More]

NextGear Capital organizes auction advisory board to support independent dealerships

executive boardroom
Thursday, Sep. 8, 2022, 02:22 PM
BHPH Report Staff
Buy-here, pay-here and independent dealerships have been the topic of conversations for at least part of this week’s National Auto Auction Association convention in Dallas. Some of that dialogue took place as NextGear Capital announced on Thursday that it has ... [Read More]

August bankruptcies rise 10% year-over-year

bankruptcy 1
Tuesday, Sep. 6, 2022, 04:56 PM
BHPH Report Staff
The notable jump in bankruptcies experts have been predicting for some time arrived in August. According to new research released from Epiq’s Bankruptcy Analytics platform, filings in August across all chapters rose 10% year-over-year, totaling … [Read More]

2 reasons why creating your own sales contracts can be challenging

problems and solutions
Thursday, Sep. 1, 2022, 02:35 PM
BHPH Report Staff
With another month closing on Wednesday, Ignite Consulting Partners mentioned firm compliance experts often are peppered with questions at this junction on the calendar about independent dealers creating their own retail installment sales contracts rather than relying on the documents ... [Read More]

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