Car-Mart footprint rises to 144 stores
Tuesday, Feb. 26, 2019, 03:49 PM
BHPH Report Staff
America’s Car-Mart expanded its network of buy-here, pay-here dealerships, according to an announcement distributed on Tuesday. The company said it reopened a store located in Tyler, Texas, lifting its total dealership count to 144. Car-Mart now has 13 dealerships in ... [Read More]
Auto Master Systems becomes 4th DMS to integrate with AGORA
Wednesday, Feb. 20, 2019, 05:55 PM
BHPH Report Staff
Frazer, Wayne Reaves, DealerCenter and now Auto Master Systems (AMS). All of those dealer management systems (DMS) now have an integration with AGORA, a Texas-based provider of technology solutions for the financial services industry. Through the integration with AGORA finalized ... [Read More]
PODCAST: Equifax explains how credit reports show much more than scores
Tuesday, Feb. 19, 2019, 01:57 PM
BHPH Report Staff
During a podcast recorded during the Vehicle Finance Conference hosted by the American Financial Services Association, Nick shared another conversation with Jennifer Reid, the vice president of automotive strategy and marketing at Equifax Automotive Services. Reid revisited strategic recommendations to ... [Read More]
Former SCUSA, Capital One technology executive joins Tricolor
Thursday, Feb. 14, 2019, 02:40 PM
BHPH Report Staff
A technology expert who has held top roles at Santander Consumer USA and Capital One now is a part of Tricolor, one of the largest used-vehicle retailers focusing on the sale and financing of vehicles to Hispanic consumers, This week, ... [Read More]
Bankruptcy filings rise to open 2019
Thursday, Feb. 7, 2019, 03:58 PM
BHPH Report Staff
Bankruptcy filings jumped on both a year-over-year and month-over-month basis to begin 2019. According to data provided by Epiq Systems, the American Bankruptcy Institute reported that U.S. bankruptcy filings increased 11 percent in January from December. Officials said bankruptcy filings ... [Read More]
Money matters: 3 major accounting changes to watch
Tuesday, Feb. 5, 2019, 03:22 PM
Nick Zulovich, Senior Editor
The most recent changes to the federal tax code certainly generated plenty of attention. But Steven Carstens — a partner at Shilson, Goldberg, Cheung & Associates, which is an accounting firm that specializes in the buy-here, pay-here industry — thinks the windfall ... [Read More]
UPDATED: Gabler resigns as NIADA president; Mullinax installed
Friday, Feb. 1, 2019, 08:46 PM
BHPH Report Staff
NIADA’s executive committee dramatically changed to begin the second month of the year. Late on Friday afternoon, the National Independent Automobile Dealers Association said it received an official notice of resignation from its president, Andy Gabler, dated Thursday, effective immediately. ... [Read More]
IRS opens on time, reiterates dates for refund disbursement
Tuesday, Jan. 29, 2019, 03:31 PM
BHPH Report Staff
Now that the government shutdown has been halted until at least Feb. 15, the Internal Revenue Service announced on Monday that it successfully opened the 2019 tax-filing season as the agency started accepting and processing federal tax returns for tax ... [Read More]
NIADA brings on Home Loan Investment Bank as National Corporate Partner
Tuesday, Jan. 29, 2019, 03:29 PM
BHPH Report Staff
A financial services organization already with a long-standing relationship with NIADA recently expanded the partnership. Home Loan Investment Bank, whose auto finance division offers a Preferred Dealer Referral Program to independent dealers throughout the country, has joined with the National ... [Read More]
NextGear Capital’s streamlined auditing process now nationwide
Tuesday, Jan. 15, 2019, 06:27 PM
BHPH Report Staff
NextGear Capital has rolled out its new Self Reconciliation feature nationally, available through the Account Portal. The company says the Self Reconciliation functionality simplifies the necessary floorplan auditing process. In releasing the feature, NextGear noted it will help dealers who ... [Read More]
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