Nearly 400K individuals have filed for bankruptcy so far this year
Thursday, Oct. 9, 2025, 11:47 AM
PrimaLend files Chapter 11 bankruptcy but ‘not going out of business’
Wednesday, Oct. 22, 2025, 12:46 PM
Following capital injection, Kinetic Advantage issues second securitization
Thursday, Oct. 23, 2025, 08:09 AM
SPONSORED EPISODE: Five questions to ask before choosing a transportation partner
This sponsored episode of the Auto Remarketing Podcast features two experts from Central Dispatch who offer valuable guidance for choosing a transportation partner. Shanna Wise, who oversees business strategy execution, and Blake Bentley, who leads enterprise client account success, take ... Listen Here
Tuesday, Nov. 4, 2025, 09:15 PM
Inside Auto Auction M&A with Mach10 CEO George Pero
The auto auction industry has seen a spike in M&A over the last three years, similar to the consolidation in auto retail that has been going on much longer. And our guest today has experience with both. George Pero is ... Listen Here
Tuesday, Oct. 28, 2025, 02:01 PM
Insight into Q3 Wolters Kluwer Auto Finance Digital Transformation Index
While the year-over-year figure reflects broader market volatility, Matthew Babcock, who oversees digital lending product strategy for Wolters Kluwer, explained the strong quarter-over-quarter increase of the Q3 Wolters Kluwer Auto Finance Digital Transformation Index signals market re-engagement. Babcock elaborated about ... Listen Here
Monday, Oct. 27, 2025, 04:17 PM
Advantage GPS gains patent for ‘Unified Device Access’
Thursday, Oct. 14, 2021, 02:23 PM
BHPH Report Staff
Advantage GPS received good news from a federal regulator this week. The provider of modern data analytics and advanced risk mitigation solutions for vehicle finance professionals announced the U.S. Patent and Trademark Office (USPTO) has granted United States Patent No. ... [Read More]
Bankruptcies continue to be down through 3 quarters of 2021
Tuesday, Oct. 12, 2021, 03:59 PM
BHPH Report Staff
The American Bankruptcy Institute (ABI) and Epiq combed through all of the filing data that’s been generated through the first three quarters of the year to try to project what might happen during the remainder of 2021 and beyond. [Read More]
ABCoA blends new CRM into DMS
Thursday, Oct. 7, 2021, 03:56 PM
BHPH Report Staff
On Thursday, Advanced Business Computers of America (ABCoA) launched what the software solutions provider for independent dealerships and subprime auto finance companies believes is a customer relationship management (CRM) solution built specifically for BHPH operators. ABCoA added cyclCRM, which is ... [Read More]
Car-Mart expands in Oklahoma by acquiring existing independent store
Tuesday, Oct. 5, 2021, 02:08 PM
BHPH Report Staff
America’s Car-Mart began October by expanding its buy-here, pay-here dealership footprint in Oklahoma with the first new store opening of its 2022 fiscal year. Car-Mart’s 152nd dealership came aboard as the company recently purchased the ongoing assets of The Car Man ... [Read More]
NIADA aligns with GWC Warranty to administrate CPO program
Tuesday, Sep. 28, 2021, 02:57 PM
BHPH Report Staff
Here’s a development to help independent and buy-here, pay-here dealerships that want to retail certified vehicles. GWC Warranty and the National Independent Automobile Dealers Association recently announced a strategic partnership to provide the NIADA Certified Pre-Owned Vehicle program. According to a ... [Read More]
More than 1 million businesses apply to SBA for PPP loan forgiveness
Thursday, Sep. 23, 2021, 02:11 PM
BHPH Report Staff
For independent dealerships seeking to have their Paycheck Protection Program (PPP) forgiven, they are amongst a large number of other businesses. The U.S. Small Business Administration (SBA) announced this week that it reached a major milestone as its Paycheck Protection ... [Read More]
COMMENTARY: Can online video help you sell more cars?
Tuesday, Sep. 21, 2021, 02:31 PM
Kenny Atcheson, Dealer Profit Pros
More dealers advertise using online video but are unsure of the most effective strategy. One of the most important things to know is that online video is not television. Do not take your television commercial and slap it on YouTube. ... [Read More]
NextGear details $1.6B in recent transactions
Thursday, Sep. 16, 2021, 03:23 PM
BHPH Report Staff
Obviously, operators need financial resources to run their dealerships. Capital providers do, too. And NextGear Capital announced on Thursday that it has more resources to help independent and buy-here, pay-here dealerships. The Cox Automotive division said it completed the renewal ... [Read More]
6 tips to spot Hurricane Ida-damaged vehicles
Tuesday, Sep. 14, 2021, 02:13 PM
BHPH Report Staff
Experts from AiM Mobile Inspections are seeing history repeat itself. And it could mean even more headaches for independent and buy-here, pay-here dealerships already having trouble finding inventory. AiM Mobile Inspections is spotting flood-damaged vehicles surface because of Hurricane Ida ... [Read More]
Pandemic continues to slow bankruptcy filings
Thursday, Sep. 9, 2021, 03:01 PM
BHPH Report Staff
Just like the pandemic is slowing defaults and vehicle repossessions, COVID-19 is keeping bankruptcy courts quieter than usual, too. Epiq released its August bankruptcy filing statistics from its AACER bankruptcy information services business this week. [Read More]
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