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Cutting keys & cutting costs during repossessions and recoveries
Wednesday, Dec. 10, 2025, 04:42 PM
Drawing standing-room-only attendance in the second-largest setting at Used Car Week 2025, Ryan Miller led a six-executive panel session that focused on one of the most complex challenges in all of repossessions and recoveries. Now available through this episode of ... Listen Here
Four experts on automotive & the economy
Wednesday, Dec. 10, 2025, 04:39 PM
Used Car Week 2025 again brought together experts who can explain which parts of the economy impact automotive most. This year’s event included views from Laura Wehunt of Black Book, Tim Gill of the American Financial Services Association, T.J. Cox ... Listen Here
Sponsored Episode: Winning Trade-Ins and Trust – Navigating Today’s Affordability Challenges
Friday, Dec. 5, 2025, 03:15 PM
Affordability challenges are reshaping the automotive landscape—vehicle prices and payments are at all-time highs and negative equity is on the rise. In this episode, Micah Tindor offers a data-driven conversation with real-world strategies around acquisition tactics and long-term profitability to ... Listen Here

SBA, Treasury detail simpler PPP forgiveness for loans of $50K or less

Treasury Secretary Steven Mnuchin
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

Byrider Wyoming for web
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

money stack 100684213
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

KLIM_logo_Logo for web
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

Jonathan Hedy for web
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

covid flag and cash
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

NIADA certified for web
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]

EFG reinforces reinsurance program that could save dealers $100K annually

John and EFG for web
Thursday, Sep. 24, 2020, 03:12 PM
BHPH Report Staff
EFG Companies is fully aware that operators likely are tracking every penny that flows through their businesses nowadays. As a result, this week the company bolstered its formal fraud detection program for dealers, creating significant roadblocks against fraud and theft ... [Read More]

Ignite bringing together 4 providers for event with $2,500 in attendee prizes

training
Thursday, Sep. 24, 2020, 03:07 PM
BHPH Report Staff
Because 2020 has been a trying time for so many operators, Ignite Consulting Partners is offering buy-here, pay-here dealerships and finance companies that specialize in subprime paper the chance to get something valuable that’s tangible, both intellectually and financially. The ... [Read More]

Tricolor places $167M bond offering as part of 6th securitization

money-key
Thursday, Sep. 24, 2020, 03:04 PM
BHPH Report Staff
This week, Tricolor went back to the investment world, announcing the sixth securitization in company history. The Community Development Financial Institution (CDFI) and the used-car retailer focusing on the sale and financing of vehicles to Hispanics said their action included the ... [Read More]
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