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Industry Elite: Sean Morgan of Westlake Financial
Monday, Mar. 23, 2026, 03:07 PM
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Sean Morgan, who is executive vice president of finance and operations at Westlake Financial. Morgan talks with Cherokee Media Group senior editor Joe Overby ... Listen Here
Automotive Intelligence Award honoree Tom Kontos of Auto Auction Holdings
Monday, Mar. 23, 2026, 01:56 PM
Our conversations with the 2026 Automotive Intelligence Award winners continue with Tom Kontos, who now is analytics advisor for Auto Auction Holdings. Convinced to come out of retirement and get back in the business last fall with the growing wholesale ... Listen Here
Industry Elite: Mike Clark Jr. of C&C Cars
Friday, Mar. 20, 2026, 03:50 PM
Next up on in our inaugural Industry Elite: The C-Suite honoree series is a conversation with Mike Clark Jr., operations manager of C& C Cars in Pinellas Park, Fla. Clark is a third-generation dealer and helps run the family business ... Listen Here

Funds for more PPP loans evaporate

covid flag and cash
Thursday, May. 6, 2021, 01:53 PM
BHPH Report Staff
If your independent dealership didn’t already secure a Paycheck Protection Program loan, it’s unlikely you’ll be seeing those federal funds. While the program was originally extended through the end of May, the Small Business Administration announced the exhaustion of PPP ... [Read More]

NextGear recaps 3 enhancements to Account Portal

Scott of NextGear for web_0
Tuesday, May. 4, 2021, 01:59 PM
BHPH Report Staff
Ryan Martin, general manager of Strawberry Road Auto Sales in Pasadena, Texas, is one of the scores of independent dealers NextGear Capital is trying to help via its enhanced Account Portal. “Having the right tools and technology to support my ... [Read More]

Byrider launches new path to landing franchise

Byrider lot for web
Thursday, Apr. 22, 2021, 01:43 PM
BHPH Report Staff
Byrider is looking to make it easier for dealer operators and other entrepreneurs to gain a franchise in its network of buy-here, pay-here stores. This week, the company announced the launch of its new franchising model, Byrider Direct, adding what ... [Read More]

VINsmart joins NIADA’s list of National Corporate Partners

line of colorful cars 202075426
Thursday, Apr. 22, 2021, 01:39 PM
BHPH Report Staff
This week, the National Independent Automobile Dealers Association announced the newest vendor to join the organization as a National Corporate Partner. According to a news release, VINsmart joined this NIADA group as its newest bronze-level member, offering affordable, reliable vehicle ... [Read More]

Former Maryland independent dealer allegedly pulls $2.2M fraud involving PPP funds

DOJ picture_0
Tuesday, Apr. 20, 2021, 02:04 PM
BHPH Report Staff
The reputation of independent dealerships took another hit recently when the Department of Justice revealed unscrupulous allegations against a former Maryland operator that included using the Paycheck Protection Program (PPP) to purchase nearly 40 luxury vehicles, acquire real estate and ... [Read More]

AFC elevates Mitchell to COO

will mitchell with logo for web
Tuesday, Apr. 20, 2021, 02:02 PM
BHPH Report Staff
Will Mitchell has been with Automotive Finance Corp. for six years and now he’s one of the floorplan provider’s top executives. The KAR Global business unit on Tuesday announced the promotion of Mitchell to chief operating officer; a position where he ... [Read More]

Q1 closes with biggest surge in consumer bankruptcies since COVID-19 arrived

march 2021 bankruptcy chart for web
Tuesday, Apr. 13, 2021, 03:58 PM
BHPH Report Staff
The first quarter closed with the largest amount of consumer bankruptcy filings registered during a single month since the pandemic began. According to filing statistics from Epiq’s AACER bankruptcy information services business, there were 41,150 new non-commercial consumer filings in ... [Read More]

Texas Capital taps experienced exec to be head of corporate banking

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Thursday, Apr. 8, 2021, 02:54 PM
BHPH Report Staff
This week, Texas Capital Bank welcomed an executive who has served at institutions such as Truist Financial, Wells Fargo and Fifth Third Bank to serve in the newly created position of head of corporate banking. Appointed to this post effective ... [Read More]

Potential benefits of NextGear Capital’s new flex pricing program

Scott of NextGear for web
Thursday, Apr. 8, 2021, 02:52 PM
BHPH Report Staff
In a move intended to improve cash flow for independent dealers, NextGear Capital on Thursday introduced a new program for its floorplan financing. The company highlighted its new flex pricing program can reduce the principal paydown rate to .01% per ... [Read More]

Top executives from GPS & LPR worlds discuss pandemic, industry future & more

cover for web
Tuesday, Apr. 6, 2021, 02:31 PM
Nick Zulovich, Senior Editor
Two of the sharpest tools buy-here, pay-here operators can use to mitigate their risk are GPS devices and license-plate recognition technology. With the pandemic still significantly impacting just about every aspect of life nowadays, BHPH Report reconnected with two top executives ... [Read More]

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