Q1 bankruptcies soften year-over-year
Tuesday, Apr. 9, 2019, 02:01 PM
BHPH Report Staff
The American Bankruptcy Institute reported that the first quarter closed with a decline in bankruptcy filings. According to data provided by Epiq Systems, total bankruptcy filings in March decreased 3% year-over-year. The 73,476 total filings in March were down from the ... [Read More]
Auction123 becomes newest NIADA National Member Benefit Partner
Tuesday, Apr. 2, 2019, 02:33 PM
BHPH Report Staff
More tools to help members of the National Independent Automobile Dealers Association arrived last week. Auction123, powered by ARI Network Services and a provider of responsive website software, inventory management and automated inventory listings solutions, joined with the association as ... [Read More]
PODCAST: Examining appetite for bulk-portfolio purchases
Thursday, Mar. 28, 2019, 03:03 PM
BHPH Report Staff
In an effort to touch on an array of topics within the used-vehicle industry, Nick recently connected with AGORA founder and chief executive officer Steve Burke for a podcast about how the market for bulk portfolio purchases is behaving. With ... [Read More]
PassTime integrates with Solutions By Text to maintain customer contact
Tuesday, Mar. 26, 2019, 02:42 PM
BHPH Report Staff
For the second time this month, PassTime finalized another relationship to help buy-here, pay-here dealerships and finance companies that participate in the subprime space. After solidifying a relationship with AFS Dealers, the automotive GPS solutions provider recently announced it has ... [Read More]
Consumer bankruptcy filings dip as commercial cases soar in February
Tuesday, Mar. 19, 2019, 03:03 PM
BHPH Report Staff
As commercial filings spiked, the American Bankruptcy Institute reported that consumer filings softened in February. According to data provided by Epiq Systems, total bankruptcy filings decreased 1 percent to 56,118 in February from the 56,732 cases filed in February of ... [Read More]
COMMENTARY: 2 factors fuel optimism in latest NIADA Business Confidence Survey
Thursday, Mar. 14, 2019, 03:22 PM
Scott Lilja and Jennifer Reid, NIADA and Equifax
Independent auto dealers weren’t sold on the economy at large heading into 2019. But they were mildly optimistic about the outlook for their businesses, according to the results of NIADA’s latest Business Confidence Survey. While dealers expecting the overall economy ... [Read More]
PassTime and AFS Dealers finalize software integration
Thursday, Mar. 14, 2019, 02:55 PM
BHPH Report Staff
Collections and repossessions might be a little easier now for buy-here, pay-here and lease-here, pay-here operators who use PassTime and AFS Dealers. The companies announced this week they have completed a software integration and strategic partnership. Executives highlighted that AFS ... [Read More]
Partnership helps dealers navigate tax season
Tuesday, Mar. 12, 2019, 08:01 PM
Auto Remarketing Staff
Scott Lilja, who is senior vice president of member services at the National Independent Automobile Dealers Association, says dealers are very aware of the importance of tax season for their industry. And the association has been aware that Tax Max ... [Read More]
Ignite Consulting Partners to host ‘Compliance Unleashed’
Thursday, Mar. 7, 2019, 03:28 PM
BHPH Report Staff
Before a state or federal regulator knocks on your door or delivers a message to your inbox, Ignite Consulting Partners wants your shop to be prepared. The firm, which advises finance companies, dealers and other lenders on compliance, cybersecurity, process ... [Read More]
AGORA finalizes integration with AutoManager
Thursday, Feb. 28, 2019, 03:51 PM
BHPH Report Staff
Make it five integrations with dealership management systems for AGORA. Within a week of announcing a relationship with Auto Master Systems, AGORA finalized its relationships with AutoManager, a dealer software development company located in southern California that offers three principal ... [Read More]
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