Annual bankruptcy filings on pace for lowest volume in 14 years
Tuesday, Dec. 15, 2020, 04:49 PM
BHPH Report Staff
The American Bankruptcy Institute said filings are on pace for the lowest annual total since 2006, the year after the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 went into effect and placed new requirements on filers. But ABI ... [Read More]
Car-Mart unveils refreshed branding & tagline
Thursday, Dec. 10, 2020, 04:25 PM
BHPH Report Staff
This week, America’s Car-Mart rolled out its new visual identity and tagline that the publicly traded buy-here, pay-here dealership company said will reaffirm its “unwavering commitment to its customers and communities.” Car-Mart’s new tagline is “Keeping You on the Road,” ... [Read More]
PODCAST: New NIADA CEO Bob Voltmann
Tuesday, Dec. 8, 2020, 03:12 PM
BHPH Report Staff
Bob Voltmann participated in this episode of the Auto Remarketing Podcast during one of his first public appearances since becoming chief executive officer of the National Independent Automobile Dealers Association in late October. Voltmann shared with Cherokee Media Group senior ... [Read More]
Tricolor adds 3 to executive management team
Thursday, Dec. 3, 2020, 03:58 PM
BHPH Report Staff
Tricolor reinforced its management team on Thursday as the retailer that’s focused on Hispanic consumers named three new executives with chief in their title. The tech-enabled Community Development Financial Institution (CDFI) named Nick Brown as chief risk officer, Albert Hoover ... [Read More]
Byrider honors 15 operators during virtual annual convention
Thursday, Dec. 3, 2020, 03:56 PM
BHPH Report Staff
The company’s annual convention had to be virtual this year to accommodate safety precautions amid the COVID-19 pandemic, but Byrider still honored 15 different franchise store operators. The chain of buy-here, pay-here stores handed out Franchises of the Year Awards in ... [Read More]
Car-Mart reflects on efforts to salute cancer survivors, raise funds for ACS
Thursday, Nov. 19, 2020, 03:57 PM
BHPH Report Staff
October was a special month for America’s Car-Mart, and not just for the vehicles the buy-here, pay-here dealership chain retailed. The company spent the month highlighting associates and their family members and friends who have overcome cancer while also raising ... [Read More]
How Chicago BHPH dealer enjoyed ‘small miracle’ via TurboPass
Monday, Nov. 16, 2020, 08:24 PM
BHPH Report Staff
A buy-here, pay-here operator with four locations in the Chicagoland area evidently enjoyed a “small miracle” with the aid of TurboPass. Earlier this year, Chicago Car Center began using TurboPass reports to streamline the verification process in all of its ... [Read More]
October bankruptcies remain off year-over-year
Monday, Nov. 16, 2020, 08:22 PM
BHPH Report Staff
While bankruptcy filings continue to be lower year-over-year, leadership of the American Bankruptcy Institute is maintaining that cases are likely to spike as both businesses and consumers continue to navigate pandemic-created financial challenges. According to data provided by Epiq Systems, total ... [Read More]
Petersen leaves NIADA to join Buckeye Dealership Consulting
Thursday, Nov. 12, 2020, 04:44 PM
BHPH Report Staff
Another executive from the National Independent Automobile Dealers Association has taken a role with a service provider for buy-here, pay-here operators. Buckeye Dealership Consulting, which offers re-insurable products and other solutions for dealerships, announced this week that Shaun Petersen has ... [Read More]
PassTime details advantages of new connected-vehicle platform
Thursday, Nov. 12, 2020, 04:42 PM
BHPH Report Staff
PassTime is leveraging the capability of connected vehicles in an effort to serve its clients better. This week, the provider of vehicle GPS solutions launched its OASIS v2 IoT platform, which utilizes telematics data from millions of connected vehicles to ... [Read More]
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