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The Spark Between EVs & CPO
In light of electric vehicle maker VinFast launching a certified pre-owned program in the U.S., Auto Remarketing senior editor Joe Overby connects with leaders from the EV space to discuss why the segment is a natural fit for CPO and ... Listen Here
Vincenzo Ciampi of iA Financial Group
Next up on the Canada’s Used Car Week Live Stage is Vincenzo Ciampi . who is senior vice president, of auto finance and dealer services for Canada at iA Financial Group. Ciampi talks with Cherokee Media Group’s Joe Overby about ... Listen Here
Ted Berlovich of Clutch
Continuing the discussions from the Live Stage at Canada’s Used Car Week, senior editor Joe Overby connects with Ted Berlovich, director of wholesale at online used-car retailer Clutch. Berlovich explained the company’s wholesale process, how the company handles some of ... Listen Here

Tricolor lands $30M in funding to expand platform designed for Hispanics

money-key
BHPH Report Staff
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]

NIADA aligns with Podium as newest National Corporate Partner

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BHPH Report Staff
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]

FTC hosting free online education sessions to spot tax scams

Federal Trade Commission
BHPH Report Staff
Now that the IRS is processing tax returns, the Federal Trade Commission is ramping up its assistance and educational efforts in conjunction with Tax Identity Theft Awareness Week, which runs from Feb. 3-7. In an effort to help both consumers ... [Read More]

IRS confirms processing of returns begins Monday

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BHPH Report Staff
Monday marks an important day for franchised, independent and buy-here, pay-here dealerships that anticipate a boost in retail vehicle sales in connection with their customers receiving an income tax refund. The Internal Revenue Service confirmed that the nation’s tax season ... [Read More]

NIADA hosting free webinar focused on OSHA compliance

training
BHPH Report Staff
The National Independent Automobile Dealers Association is hosting a free webinar on Thursday focused on a business function the association is concerned that operators might overlook or not understand completely — maintaining compliance with federal mandates from the Occupational Safety ... [Read More]

COMMENTARY: Explaining artificial intelligence as you chase higher profits

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Steve Burke, Agora Data
My favorite weekends are the ones that my grandkids spend with my wife and me. There’s nothing better than waking up early on a Saturday morning and finding them sitting in front of the TV in their pajamas, giggling at ... [Read More]

Annual bankruptcies edge higher for first time in 8 years

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BHPH Report Staff
Total bankruptcy filings in 2019 registered the first year-over-year increase in eight years, according to analysis from the American Bankruptcy Institute (ABI). ABI officials reviewed data provided by Epiq Systems and found total bankruptcy filings during 2019 increased 0.28% from ... [Read More]

Ignite to host free training webinar presented completely in Spanish

Spanish language
BHPH Report Staff
Along with adding two more veterans to its roster of compliance experts, Ignite Consulting Partners plans to offer what the firm believes is the first free training offering of its kind. Ignite is going to host a free webinar about ... [Read More]

6 industry leaders share 2020 expectations for BHPH

2020 projections
BHPH Report Staff
Dealer Profit Pros president Kenny Atcheson closed 2019 by reaching out to an array of leading executives, experts and observers of the buy-here, pay-here industry and other parts of the automotive space to gather their expectations for 2020. From compliance ... [Read More]

To prevent fraud, Byrider chooses PointPredictive for machine learning AI

artificial intelligence
BHPH Report staff
PointPredictive says machine learning in its Auto Fraud Manager with Auto Fraud Alert Reporting mines historical data from applications across the industry “to pinpoint where fraud is happening.” PointPredictive launched Auto Fraud Manager with Auto Fraud Alert Reporting to help ... [Read More]

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