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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
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
Byron Oldham of Honest Autos & FIADA
Monday, Apr. 27, 2026, 07:47 PM
Byron Oldham is president of the family-owned Honest Autos dealership and is president of the board at the Florida Independent Automobile Dealers Association. In this episode, Oldham talks with Cherokee Media Group senior editor Joe Overby about the upcoming Southeast ... Listen Here
Automotive CFO-To-Go Kathi Kruse talks dealership finance, accounting in ‘lightning round’
Sunday, Apr. 19, 2026, 04:27 AM
Kathi Kruse, the Automotive CFO-To-Go who brings her financial expertise — born through years of experience as a dealership chief financial officer — to dealers needing help in that area, is back on the Auto Remarketing Podcast. In this episode, ... Listen Here

Byrider adds 2 more inductees into its Hall of Fame

Byrider Hall of Fame for web
Tuesday, Apr. 19, 2022, 02:38 PM
BHPH Report Staff
Byrider recently inducted two more operators into its Hall of Fame, which recognizes contributions to the growth and culture of the buy-here, pay-here dealership chain. Bringing the Byrider Hall of Fame to 18 members, the newest inductees are Winston Sleeth ... [Read More]

Bankruptcies close Q1 with notable rise

bankruptcy image
Tuesday, Apr. 19, 2022, 02:36 PM
BHPH Report Staff
Just like fuel prices and the costs of many other goods and services, the volume of bankruptcy filings jumped significantly to finish the first quarter. According to data provided by Epiq Bankruptcy, filings in March increased … [Read More]

NIADA notes: Another National Corporate Partner & director of education

news pic
Thursday, Apr. 7, 2022, 03:34 PM
BHPH Report Staff
Along with adding a new staff member in charge of dealer education, the National Independent Automobile Dealers Association also selected its newest Gold-level National Corporate Partner. According to a news release distributed this week, that partner is National Lenders General ... [Read More]

COMMENTARY: ‘Accurate Thinking’ for both baseball and your dealership

ball and glove
Tuesday, Apr. 5, 2022, 01:43 PM
Kenny Atcheson, Dealer Profit Pros
As I write this article, Major League Baseball is back with Opening Day arriving on Thursday. While the players union and team owners hashed out their collective bargaining agreement, I rarely heard anything about the group of people who matter ... [Read More]

DealerSocket integrates with AutoMobile Technologies to streamline recon workflow

mechanic
Thursday, Mar. 24, 2022, 02:49 PM
BHPH Report Staff
DealerSocket is looking to help operators get their inventory to stand tall on the front line faster, especially if the vehicles are arriving in rough shape and need notable repairs. On Wednesday, DealerSocket announced a partnership with AutoMobile Technologies, an ... [Read More]

Despite tax refunds up 13%, some consumers might not be in a vehicle-buying place

Latest look at tax season data & other trends
Thursday, Mar. 24, 2022, 02:10 PM
Nick Zulovich, Senior Editor
Perhaps if there is not a parade of potential vehicle buyers arriving at your dealership this tax season, a trio of consumer surveys might shed light on why; even though the average federal income tax refund is 13% higher this ... [Read More]

Terkel & Hurst in leadership roles for new reinsurance firm

ken terkel and eric hurst for web
Tuesday, Mar. 22, 2022, 04:09 PM
BHPH Report Staff
Buy-here, pay-here dealers as well as lease-here, pay-here operators now have another option for reinsurance products. On Tuesday, MEI Group announced the launch of Empire Indemnity Insurance Co., RRG and National Lenders General Agency, specializing in reinsurance products for dealerships ... [Read More]

Agora Data seeks patent for subprime prediction tool

Agora Data tech execs for web
Tuesday, Mar. 22, 2022, 04:07 PM
BHPH Report Staff
Agora Data is trying to be an industry pioneer in multiple ways. After being successful multiple times with group securitizations involving paper originated by buy-here, pay-here dealerships, the company that strives to provide BHPH dealers and small to mid-sized finance ... [Read More]

NIADA notes: Newest National Corporate Partner & convention keynote speaker

leasing stock pic
Thursday, Mar. 17, 2022, 03:15 PM
BHPH Report Staff
Along with revealing who will give the keynote address of the 2022 NIADA Convention and Expo, the National Independent Automobile Dealers Association also announced its newest Gold-level National Corporate Partner. Coming aboard in that capacity on Wednesday was LHPH Capital, ... [Read More]

Car-Mart hires former CarMax exec as new EVP of procurement & inventory

new carmart logo for web_0_0_0_0_0_0
Thursday, Mar. 17, 2022, 03:13 PM
BHPH Report Staff
Brian Stone is shifting from one large, publicly traded dealership company to another. America’s Car-Mart announced on Wednesday that Stone has been named as executive vice president of procurement and inventory in a move effective on Monday. Car-Mart highlighted Stone ... [Read More]

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