2025 bankruptcies jump 11% but still trail pre-pandemic number
Tuesday, Jan. 13, 2026, 10:59 AM
Car-Mart trims another 13 locations, reducing footprint by 18 lots since November
Thursday, Jan. 15, 2026, 03:47 PM
AutoPayPlus unveils reinsured bi-weekly payment program
Thursday, Jan. 15, 2026, 03:49 PM
Smoothing dealer path to buying cars from consumers with Anthony Monteiro of AutoAcquire AI
More dealers are seeking inventory by buying directly from consumers. But some managers are still struggling with how to best execute a plan. To help dealers of all sizes in various markets, AutoAcquire AI CEO Anthony Monteiro appeared on the ... Listen Here
Monday, Jan. 19, 2026, 05:57 PM
Appetite for used commercial vehicles with Kathryn Schifferle of Work Truck Solutions
Work Truck Solutions founder Kathryn Schifferle appeared on the Live Stage presented by SYCN Auto Logistics during Used Car Week 2025. Schifferle discussed key trends driving demand for used work trucks and vans with Cherokee Media Group’s Joe Overby. The ... Listen Here
Friday, Jan. 16, 2026, 05:37 PM
What might be next for Amazon Autos
Cherokee Media Group’s Bill Zadeits hosted a fireside chat with Fan Jin, global leader of Amazon Autos, during Used Car Week 2025. Their wide-ranging conversation about the past, present and future of the online platform and its involvement with automakers ... Listen Here
Thursday, Jan. 15, 2026, 03:52 PM
Texas Capital Bank adds 2 execs as new CEO takes over
Tuesday, Jan. 26, 2021, 02:48 PM
BHPH Report Staff
After closing a “challenging year” with “strong fourth-quarter results,” Texas Capital Bank announced a pair of executive leadership appointments, effective immediately, creating roles for experienced professionals who each spent many years in posts at JPMorgan Chase & Co. Now serving ... [Read More]
Atcheson: How should independent dealers navigate through 2021?
Thursday, Jan. 21, 2021, 04:24 PM
Kenny Atcheson, Dealer Profit Pros
After one of the strangest years ever, how have you prepared for 2021? Election years are usually off the wall, but 2020 was ridiculous. Uncertainties that linger affect how a dealer plans for and navigates through 2021. To write off ... [Read More]
Altamont invests in Kinetic with eye on growing floorplan business among independent dealers
Monday, Jan. 18, 2021, 04:53 PM
BHPH Report Staff
Altamont Capital Partners said the investment firm is “impressed” with Kinetic Advantage, a newly formed floorplan financing company led by industry veterans Marty McFarland, Randy Dohse and Chris Brady. While specific terms of the transaction were not disclosed on Monday, ... [Read More]
Full PPP loan access to return no later than Tuesday
Thursday, Jan. 14, 2021, 04:13 PM
BHPH Report Staff
For some buy-here, pay-here operators seeking a Paycheck Protection Program (PPP) loan, their banker could have access to the program as soon as Friday. If the opportunity doesn’t arrive by the end of the week, federal officials confirmed that the ... [Read More]
2020 bankruptcy filings sink to lowest level in 34 years
Tuesday, Jan. 12, 2021, 04:09 PM
BHPH Report Staff
Of all the financial turbulence created by the pandemic, a record-setting number of bankruptcies was not among the unprecedented developments. In fact, according to data shared by the American Bankruptcy Institute (ABI) and Epiq, last year generated the fewest filings ... [Read More]
CARite expands in 2 states to lift group size to 26 stores
Thursday, Jan. 7, 2021, 07:34 PM
BHPH Report Staff
Credit Acceptance founder Don Foss created his own dealership group 10 years ago. And now a decade later, that operation — CARite — has 26 locations with the two newest ones coming into the group this week. According to a ... [Read More]
Agora Data calls crowdsourced auto securitization a ‘quantum leap’ for BHPH dealers
Thursday, Jan. 7, 2021, 07:32 PM
BHPH Report Staff
Sometimes, too many cooks in the kitchen can be a recipe for disaster. But Agora Data championed a financial dish with several buy-here, pay-here operators and smaller finance companies that the tech firm says “represents a quantum leap” for their ... [Read More]
Car-Mart expands in Oklahoma, increases line of credit
Tuesday, Jan. 5, 2021, 04:38 PM
BHPH Report Staff
America’s Car-Mart made a pair of moves before 2020 finished as the chain of buy-here pay-here dealerships expanded its footprint in Oklahoma while also increasing its revolving line of credit. Car-Mart now has 151 dealerships in its network after bringing ... [Read More]
PassTime & Polte partner to leverage cloud & 5G technology for asset tracking
Tuesday, Jan. 5, 2021, 04:36 PM
BHPH Report Staff
PassTime GPS recently formed a strategic partnership with Polte Corp., in an effort to reinforce its service so dealerships and finance companies can track the location of their collateral more effectively. Fueled by cloud location over cellular (C-LoC) technology, the ... [Read More]
Tricolor adds 2 more members to board
Thursday, Dec. 17, 2020, 04:06 PM
BHPH Report Staff
Tricolor, the used-vehicle retailer focused on Hispanic customers, recently added to leaders to its board of directors to help it to capitalize on consumer demand for its products and the appeal of its unique mission-driven, risk scoring platform powered by ... [Read More]
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