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This Month's Focus

Artificial Intelligence
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Alfa Recon leverages AI to strengthen data migration
Monday, May. 18, 2026, 11:11 AM
Alfa, provider of Alfa Systems, strengthened its data migration toolbox last week with the launch of Alfa Recon, a new artificial intelligence-enabled reconciliation module. Designed to help customers migrate legacy data and acquired portfolios to Alfa Systems more quickly, more ... Read More
Dealer group C-suite executives examine role of AI at auto retailers
Monday, May. 18, 2026, 10:23 AM
Artificial intelligence in auto retail, says Zeigler Auto Group chief operating officer Sam D’Arc, is in a similar place as digital retail was 4-5 years ago. There’s a lot of excitement, but perhaps not a complete understanding of how AI ... Read More
Dealers look to AI for customer experience boost
Monday, May. 18, 2026, 10:10 AM
Sam D’Arc doesn’t remember what his query was when he first used ChatGPT, but the response was fast and accurate. “It caused a little bit of awe and surprise in how well it extracted information into the answer to the ... Read More
Flipping EV battery risk into faster sales
Monday, May. 18, 2026, 07:49 PM
We continue our episodes of the Auto Remarketing Podcast originating from the Live Stage, which was sponsored by SYCN Auto Logistics, during the Used Car Industry Summit in Miami this spring. AVILOO chief executive officer Brett Lippel focused on what ... Listen Here
What actually sells cars on social media?
Monday, May. 18, 2026, 07:42 PM
We begin our episodes of the Auto Remarketing Podcast originating from the Live Stage, which was sponsored by SYCN Auto Logistics, during the Used Car Industry Summit in Miami this spring. Bryan Pascual, founder of DealerCarLeads, answers one of the ... Listen Here
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

National Lenders rolls out aggressive CPI program

ken terkel and eric hurst for web
Thursday, May. 12, 2022, 03:01 PM
BHPH Report Staff
With an executive team in place as well as a relationship with the National Independent Automobile Dealers Association cultivated, National Lenders General Agency announced a new product offering this week. The firm specializing in reinsurance products for dealerships and finance ... [Read More]

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]

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