A pair of North Carolina independent dealers received a six-figure penalty from the state’s attorney general. This week, North Carolina attorney general Josh Stein announced that his office won a consent judgment against Nathaniel Thomas Brown and Samuel Ross Ketner ... [Read More]

Byrider returned to stake a claim in the Windy City market with a revamped store about 30 minutes from downtown Chicago. The chain of buy-here, pay-here dealerships recently re-established itself in Bridgeview, Ill. In celebration of the grand opening, Byrider ... [Read More]

Editor's note: This report has been updated to note the event has been rescheduled for Aug. 24-26 because of the coronavirus pandemic. Compliance for buy-here, pay-here dealerships and finance companies that specialize in the subprime credit space can be extremely ... [Read More]

Recent efforts by the Arizona Independent Automobile Dealers Association in conjunction with state authorities resulted in a reduction of a notable threat to independent operators — curbstoning. According to a news release from the Arizona Department of Transportation (ADOT), state ... [Read More]

Earlier in its fiscal year, America’s Car-Mart began to make its credit application available online, so the chain of buy-here, pay-here stores could begin the underwriting process with potential buyers before they arrive at one its dealerships. After announcing operating ... [Read More]

A couple of years after hosting college basketball personality Dick Vitale as the keynote speaker for its annual convention, the National Independent Automobile Dealers Association is venturing into another part of the sports world for a headliner at this year’s ... [Read More]

Craig Peters became Byrider chief executive officer in June 2017. Two years later, the company put in motion a series of changes and improvements. “We rebranded the business, and we really wanted to make sure that we were in a ... [Read More]

Fueled in part by significant increases in commercial cases, the American Bankruptcy Institute (ABI) reported that total bankruptcy filings rose year-over-year in January. And the sequential increase in filings was even more noticeable. According to data provided by Epiq Systems, ... [Read More]

Competition within the buy-here, pay-here dealership space became even more intense on Thursday as Tricolor now has more financial horsepower to meet the transportation needs of Hispanics. According to a news release, the company announced it received a $30 million ... [Read More]

The National Independent Automobile Dealers Association recently selected its newest Bronze-level National Corporate Partner, going with a firm that aims to help dealerships improve communications with their customers. The newest partner is Podium, a leading interaction management platform in the ... [Read More]