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
4 benefits of Auto Master and Omnique integration
Thursday, Oct. 22, 2020, 03:13 PM
BHPH Report Staff
Independent dealerships that also have their own repair bays now can use complementary tools to keep their retail and service operations running smoothly. This week, shop management software provider Omnique announced a partnership with Auto Master Systems to create a ... [Read More]
Byrider raises more than $38K for American Heart Association
Tuesday, Oct. 13, 2020, 02:05 PM
BHPH Report Staff
Byrider didn’t let the pandemic slow its effort to raise money for the American Heart Association. The network of buy-here, pay-here dealerships recently announced it has raised more than $38,000 for the American Heart Association’s 29th annual Indianapolis Heart Walk ... [Read More]
3 ingredients form dire bankruptcy prediction for 2021
Tuesday, Oct. 13, 2020, 02:02 PM
BHPH Report Staff
Bankruptcy metrics came in mixed for September as the coronavirus pandemic continues to influence how cases move through the system. But the head of the American Bankruptcy Institute offered three elements that could create “a dramatic climb in filings in ... [Read More]
SBA, Treasury detail simpler PPP forgiveness for loans of $50K or less
Friday, Oct. 9, 2020, 04:26 PM
BHPH Report Staff
The week closed with some positive news for dealerships that received a Paycheck Protection Program (PPP) loan of $50,000 or less. Late Thursday, the U.S. Small Business Administration, in consultation with the Treasury Department, released what officials described as a ... [Read More]
Bill Marsh Automotive Group set to open third Byrider location
Thursday, Oct. 8, 2020, 02:26 PM
BHPH Report Staff
Monday will mark the opening of the newest Byrider location in Michigan. The Bill Marsh Automotive Group is set to begin retailing vehicles within the Byrider network of buy-here, pay-here dealerships at its new location in Wyoming, Mich. The facility ... [Read More]
ADESA generates more than $20K for NIADA Foundation
Thursday, Oct. 8, 2020, 02:24 PM
BHPH Report Staff
Illinois independent dealer Eric Nelson isn’t really sure what he’s going to do with his new acquisition. That really wasn’t on his mind when he bought the head-turning, late-model sports car. Rather, Nelson was thinking more about where his money ... [Read More]
Tricolor obtains $50M loan from Kennedy Lewis
Tuesday, Oct. 6, 2020, 02:40 PM
BHPH Report Staff
A little more than a week after rolling out the sixth securitization in company history, Tricolor Auto landed a significant financial commitment from Kennedy Lewis Investment Management. Kennedy Lewis, which classifies itself as an opportunistic credit manager, has funded a ... [Read More]
ABCoA launches next installment of browser-based platform
Tuesday, Oct. 6, 2020, 02:37 PM
BHPH Report Staff
A web browser is the gateway to so many business and personal activities nowadays. And ABCoA wanted to make sure its latest tool for dealerships and subprime finance companies can be utilized through that technology path. During its recent 2020 ... [Read More]
Coalition of more than 100 associations seeks streamlined PPP loan forgiveness
Thursday, Oct. 1, 2020, 03:31 PM
BHPH Report Staff
Imagine as an independent dealer who received a Paycheck Protection Program (PPP) loan of less than $150,000, you only had to answer a single, simple question to confirm the funds were used in accordance to PPP guidelines. And then the ... [Read More]
GSFSGroup to fuel F&I component of NIADA CPO program
Tuesday, Sep. 29, 2020, 02:10 PM
BHPH Report Staff
A new service provider now is involved with an established program for independent dealerships to retail certified vehicles just like their franchised store competition. According to a news release distributed on Tuesday, GSFSGroup has partnered with the National Independent Automobile ... [Read More]
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