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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

Bankruptcy filings drop 21% in April

bankruptcy 1
Thursday, May. 12, 2022, 02:49 PM
BHPH Report Staff
The drop in bankruptcy filings during April did not surprise industry experts. According to data provided by Epiq Bankruptcy, total U.S. filings last month decreased 21% from the previous year. [Read More]

Agora Data highlights latest crowdsourced securitization

money-key
Tuesday, May. 10, 2022, 02:46 PM
BHPH Report Staff
It appears Agora Data might be doing more than just creating a “level playing field” for dealerships and finance companies, but also providing a place for financial victories, too. On Monday, the auto fintech firm announced the closing of ACAST ... [Read More]

Kinetic Advantage promotes 2 current execs to SVP roles

kinetic SVPs for web
Tuesday, May. 10, 2022, 02:44 PM
BHPH Report Staff
Kinetic Advantage promoted two of its executives to be senior vice presidents in moves that became effective on May 1. The floor plan provider announced this week that Will Chandler was given the role of senior vice president of sales ... [Read More]

Ignite compiles 8-point repossession compliance checklist

best practices
Thursday, May. 5, 2022, 03:45 PM
BHPH Report Staff
Ignite Consulting Partners offers a compliance tip each week for dealerships. This week’s installment delves into a business segment buy-here, pay-here operators often face — repossessions — recapping a $98 million settlement as being possible when regulations aren’t followed exactly. ... [Read More]

Details of Tricolor’s social bond fueled by auto paper

investment picture
Tuesday, May. 3, 2022, 03:03 PM
BHPH Report Staff
Tricolor is more than just retailing vehicles in the Hispanic market nowadays. Last week, Tricolor announced a $212 million social bond — what the company claims is the first ever in the United States collateralized by consumer auto asset backed ... [Read More]

Newest ABCoA tool built specifically for BHPH

line of colorful cars 202075426
Thursday, Apr. 28, 2022, 04:01 PM
BHPH Report Staff
Advanced Business Computers of America (ABCoA) recently rolled out its latest software solution for dealerships and subprime auto finance companies. ABCoA added a proprietary funding portal to its ecosystem within cyclCRM, a customer relationship management solution built specifically for the ... [Read More]

Buckeye adds seasoned insurance exec to sales team

buckeye stephen carter for web
Thursday, Apr. 28, 2022, 03:59 PM
BHPH Report Staff
Buckeye Dealership Consulting welcomed its newest teammate this week. The provider of reinsurance services, education and consulting, and performance groups for independent dealers named Stephen Carter as a new sales representative. Buckeye said through a news release that Carter will ... [Read More]

Agora Data hires Beebe for business development position

Brett Beebe for web
Tuesday, Apr. 26, 2022, 03:32 PM
BHPH Report Staff
An executive who spent more than 10 years at AmeriCredit and GM Financial now is part of the executive team at Agora Data. The company that offers crowdsourced securitizations, reducing interest rate lines of credit and a technology platform supplying ... [Read More]

Car-Mart launches inaugural asset-backed securitization

new carmart logo for web_0_0_0_0_0_0_0
Tuesday, Apr. 26, 2022, 03:29 PM
BHPH Report Staff
America’s Car-Mart not only is in the buy-here, pay-here business. The company with more than 150 dealerships in 12 states now is in the securitization market, too. On Monday, Car-Mart announced pricing of its inaugural asset-backed securitization transaction. The company ... [Read More]

National Lenders adds 4 new executives to focus on sales, marketing

national lenders 4 execs for web
Thursday, Apr. 21, 2022, 03:47 PM
BHPH Report Staff
National Lenders General Agency entered the reinsurance space last month with president Ken Terkel and executive vice president and chief operating officer Eric Hurst leading the company charge. This week, Terkel and Hurst expanded their executive team with the addition ... [Read More]

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