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Jeremy Louisos of Preowned Auto Logistics Returns to Show
Our “PAL” Jeremy Louisos of Preowned Auto Logistics is back on the show for a wide-ranging conversation about his work on remarketing industry committees and conferences, top issues and hot topics in auto transport and much more. The interview is ... Listen Here
SPONSORED EPISODE: Rethinking vehicle-protection plans for today’s wide inventory mix with GWC Warranty
Used-car inventory on dealer lots nowadays can range from older, higher-mileage vehicles to EVs, lifted trucks, and modified vehicles. The result is dealers are also having to change the vehicle-protection conversations with customers. In this special sponsored episode of the ... Listen Here
Recapping credit scores & other trends in auto finance with Shams Blanc of FICO
Shams Blanc, head of auto scores at FICO, made another appearance on the Auto Remarketing Podcast to elaborate more about the fall edition of the FICO Score Credit Insights report. Along with recapping what’s going on in auto finance, Blanc ... Listen Here

Textmaxx Pro integrates with ComSoft

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BHPH Report Staff
Dealerships that use Textmaxx Pro now have additional capabilities with a particular DMS. The national text message communication platform recently integrated its services with Commercial Software (ComSoft), a dealership management and marketing software solution company based in Raleigh, N.C. Officials ... [Read More]

US Labor Department registers Byrider’s service technician apprenticeship program

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BHPH Report Staff
Another large dealer body is ramping up its efforts to address the industry-wide need for qualified service technicians. As part of National Apprenticeship Week, Byrider announced its service technician apprenticeship program received registration by the U.S. Department of Labor. The ... [Read More]

COMMENTARY: Dissecting NIADA’s Q3 business confidence survey

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Scott Lilja and Jennifer Reid, NIADA and Equifax
The economy has held up very well recently given the unemployment rate reaching 3.5% recently, but it’s getting difficult to determine which direction the economy is headed in the near future. According to a recent Duke University/CFO Global Business Outlook ... [Read More]

Q4 begins with another notable bankruptcy rise

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SubPrime Auto Finance News Staff
The fourth quarter began with a double-digit climb in bankruptcies, again aided by changes in federal laws. According to data provided by Epiq Systems, the American Bankruptcy Institute (ABI) reported this week that total U.S. bankruptcy filings came in at ... [Read More]

Details of DOWC’s partnership with PassTime

partnership picture
BHPH Report Staff
Dealer Owned Warranty Co. (DOWC) finalized a partnership with PassTime on Tuesday. DOWC now serves as the warranty administrator for PassTime’s motorsports and RV GPS devices. The provider and administrator of F&I products and services and provider of GPS solutions ... [Read More]

Advantage GPS enhances solution with VIN-driven feature

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BHPH Report Staff
Advantage GPS says it’s found a solution upgrade to help with one of the most tedious tasks for buy-here, pay-here dealers and finance companies that often participate in the subprime space. On Tuesday, the Procon Analytics company that looks to ... [Read More]

NIADA continues longstanding relationship with preferred dealer insurance provider

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BHPH Report Staff
The National Independent Automobile Dealers Association highlighted an area of its continuity this week. NIADA announced its continued longtime Bronze-level National Corporate Partnership with Williams & Stazzone as the association’s preferred property/casualty, garage liability and workman’s comp insurance provider to ... [Read More]

Ignite Consulting Partners adds to compliance team

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BHPH Report Staff
Ignite Consulting Partners reinforced its roster of experts to help auto finance companies and buy-here, pay-here dealerships. The compliance firm recently announced the addition of Clint Rutherford, who has a background both in operations and compliance. Ignite Consulting Partners highlighted ... [Read More]

New federal laws trigger bankruptcy jump to close Q3

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BHPH Report Staff
Triggered in part by changes in federal laws, bankruptcy filings jumped noticeably to finish the third quarter. According to data provided by Epiq Systems, the American Bankruptcy Institute (ABI) reported total U.S. filings came in at 61,113 in September, up ... [Read More]

Spireon data shows nearly 28% improvement in recovering impounded vehicles

car impound
BHPH Report Staff
Spireon’s latest data showed its GPS solutions generated significant improvements when vehicles in the portfolios of buy-here, pay-here dealers end up in troubling place for operators — an impound lot. Spireon reported on Thursday that so far in 2019, significantly ... [Read More]

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