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
Repo Roundtable gives agents opportunity to educate lenders
In another session during Used Car Week 2025 that filled a room to near capacity, the Repo Roundtable is now available through this episode of the Auto Remarketing Podcast. Led by Lauren Kimbrell of Advanced Collateral Recovery, five other repossession ... Listen Here
Wednesday, Jan. 21, 2026, 05:44 PM
4 experts on dealer M&A, retail buy-sell landscape
Dealership acquisitions and ownership changes seem to surface multiple times per week nowadays. How those deals come to fruition was the focus of a Used Car Week 2025 panel discussion led by Cherokee Media Group’s Joe Overby. Sharing their insights ... Listen Here
Tuesday, Jan. 20, 2026, 05:32 PM
3 lender executives on affordability & more in auto finance
Used Car Week 2025 featured a panel focused on the state of auto finance. Led by Jennifer Martin of the NAF Association, Christopher Mitcham of Santander Consumer USA, Mary Leigh Phillips of Bridgecrest Acceptance and Amy Brooks of Chase Auto ... Listen Here
Tuesday, Jan. 20, 2026, 05:09 PM
First Business Financial Services launches dealer floorplanning
Thursday, Jun. 11, 2020, 03:24 PM
Auto Remarketing Staff
Independent dealerships now have another option to secure a floorplan. First Business Financial Services, a Wisconsin-based bank holding company, recently launched its newest product — aptly named Floorplan Financing — and brought in a trio of veteran automotive executives to ... [Read More]
Byrider Wausau moves into new dealership location
Thursday, Jun. 11, 2020, 03:18 PM
BHPH Report Staff
The coronavirus pandemic didn’t stop Byrider Wausau from relocating to a renovated location in the Wisconsin city it has served for the past seven years. This week, the dealership that’s part of the Byrider network of buy-here, pay-here dealerships moved into ... [Read More]
Agora partners with DealerSocket to boost portfolio visibility
Wednesday, Jun. 10, 2020, 04:11 PM
BHPH Report Staff
Buy-here, pay-here operators who use DealerSocket now have a streamlined path to tools from Agora Data. On Tuesday, Agora, a Texas-based provider of data, analytics and liquidity solutions for the BHPH industry, announced an integration with DealerSocket’s IDMS web-based dealer ... [Read More]
CliftonLarsonAllen ramps up PPP forgiveness assistance solutions
Tuesday, Jun. 9, 2020, 03:03 PM
BHPH Report Staff
CliftonLarsonAllen (CLA) understands operators’ accounting activities became much more complicated this year if they participated in the federal Paycheck Protection Program (PPP). To provide crucial assistance, CLA recently announced new solutions to help borrowers tackle loan forgiveness. PPP guidance is ... [Read More]
NIADA adds Textmaxx Pro as National Member Benefit Partner
Tuesday, Jun. 9, 2020, 02:58 PM
BHPH Report Staff
Especially now during the coronavirus pandemic, operators need other ways of reaching their customers other than a face-to-face conversation. Textmaxx Pro, a national text message communication platform with special expertise in the automotive retail marketplace and part of the Leedom ... [Read More]
NIADA highlights modifications, new virtual options for annual convention
Thursday, Jun. 4, 2020, 03:07 PM
BHPH Report Staff
The National Independent Automobile Dealers Association is making a host of modifications for its 74th annual NIADA|NABD Convention and Expo because of the coronavirus pandemic. First, NIADA said the event has been rescheduled for Sept. 21-24 at the Wynn Las ... [Read More]
Tricolor releases whitepaper about CDFI success as securitizations get upgraded
Tuesday, Jun. 2, 2020, 02:39 PM
BHPH Report Staff
Tricolor recently released a whitepaper about its success as a subprime auto-finance provider that specializes in working with Hispanic consumers, receiving designation as a Community Development Financial Institution (CDFI) by the U.S. Treasury Department last year. Not only does the ... [Read More]
CarHop closes 2 Pennsylvania stores because of COVID-19 pandemic
Thursday, May. 28, 2020, 02:31 PM
BHPH Report Staff
Economic impacts related to the COVID-19 pandemic forced CarHop to diminish its dealership footprint. The chain of buy-here, pay-here dealerships recently announced the closure of its two Pennsylvania locations in Carnegie and Pittsburgh. CarHop, which has offered special financing through ... [Read More]
Texas Capital calls off merger, announces departure of president & CEO
Thursday, May. 28, 2020, 02:29 PM
BHPH Report Staff
One of the primary capital providers for buy-here, pay-here dealers not only called off a merger agreement with another bank in the Lone Star State, the institution also announced a significant change in leadership. Texas Capital Bancshares, the parent company ... [Read More]
PODCAST: Leveraging insurance to protect dealerships during COVID-19
Tuesday, May. 26, 2020, 01:51 PM
BHPH Report Staff
ComplyNet president and general counsel Adam Crowell recently debuted on the podcast to share how dealers are becoming more concerned about the health of their businesses than contracting the coronavirus. Crowell, who oversees the compliance solutions and risk mitigation provider that developed ... [Read More]
X