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This Month's Focus

Artificial Intelligence
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Kia Georgia leverages AI drones to save money and time on onerous fence patrols
Tuesday, May. 26, 2026, 03:02 PM
A 14.2-mile interior fence. Tough terrain. Multiple security personnel. Two or three vehicles churned from wear and tear annually. A looming United States Customs Trade Partnership Against Terrorism (CTPAT) audit in jeopardy. These were the challenges Kia Georgia faced because ... Read More
Impel, Phyron launch AI systems to drive customer engagement through dealership video
Thursday, May. 21, 2026, 02:34 PM
When it comes to capturing customer engagement, video is king. But the busy world of a car dealership isn’t necessarily the best environment for consistently creating effective video content. “Video sells. We’ve known that for years,” said Paul Hepp, director ... Read More
Alfa Recon leverages AI to strengthen data migration
Monday, May. 18, 2026, 11:11 AM
Alfa, provider of Alfa Systems, strengthened its data migration toolbox last week with the launch of Alfa Recon, a new artificial intelligence-enabled reconciliation module. Designed to help customers migrate legacy data and acquired portfolios to Alfa Systems more quickly, more ... Read More
TransUnion on intriguing trends involving used cars sold in 2025
Tuesday, May. 26, 2026, 06:42 PM
We continue our episodes of the Auto Remarketing Podcast originating from the Live Stage, which was sponsored by SYCN Auto Logistics, during the Used Car Industry Summit in Miami this spring. During previous events hosted by Cherokee Media Group, TJ ... Listen Here
Experian Automotive on using data the right way to protect used-car profits
Friday, May. 22, 2026, 10:50 AM
We continue our episodes of the Auto Remarketing Podcast originating from the Live Stage, which was sponsored by SYCN Auto Logistics, during the Used Car Industry Summit in Miami this spring. During a candid conversation with Cherokee Media Group’s Andrew ... Listen Here
Closing the appraisal divide with Brad Kokesh of TraXtion
Friday, May. 22, 2026, 10:38 AM
We continue our episodes of the Auto Remarketing Podcast originating from the Live Stage, which was sponsored by SYCN Auto Logistics, during the Used Car Industry Summit in Miami this spring. This conversation features Cherokee Media Group’s Andrew Friedlander and ... Listen Here

NextGear Capital’s streamlined auditing process now nationwide

computers and business
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]

Total annual bankruptcy filings dip for 9th consecutive year

bankruptcy 2
Thursday, Jan. 10, 2019, 03:38 PM
BHPH Report Staff
The American Bankruptcy Institute highlighted that total filings in 2018 represented a decrease for the ninth year in a row. According to data provided by Epiq Systems, total bankruptcy filings in 2018 dropped 2 percent year-over-year. Filings fell from 766,761 ... [Read More]

PODCAST: AFC president Jim Money

ar-podcast-_website_4_2_7_0_1_0_0_0_4_2_1_2_1
Thursday, Jan. 10, 2019, 02:24 PM
BHPH Report Staff
Automotive Finance Corp. president Jim Money shared a conversation with Nick during Used Car Week 2018 to discuss trends involving dealership floor planning and other commercial lending that helps stores thrive. Money also touched on how actions by the Federal ... [Read More]

IRS confirms tax refund plan despite government shutdown

tax refund image
Tuesday, Jan. 8, 2019, 04:58 PM
BHPH Report Staff
Buy-here, pay-here dealers who already delivered vehicles based on expected federal tax refunds likely let out a collective sigh of relief stemming from an announcement the Internal Revenue Service made late on Monday. Despite the government shutdown, the IRS confirmed ... [Read More]

COMMENTARY: Three reasons individuals and organizations fail to achieve goals

best practices
Tuesday, Jan. 8, 2019, 04:56 PM
Kenny Atcheson, Dealer Profit Pros
Gyms are packed in January; then half empty in February. Individuals struggle to achieve their goals, and so do organizations like buy-here, pay-here dealerships — sometimes for different reasons. For more than 30 years, Jim Jackson has worked as a ... [Read More]

NIADA adds 2 Member Benefit Partners

partnership picture
Thursday, Jan. 3, 2019, 03:47 PM
BHPH Report Staff
Just before the holiday rush climaxed, the National Independent Automobile Dealers Association enhanced its roster of National Member Benefit Partners with two providers that can help dealerships make vehicles more attractive on their lots or to dispose of inventory that ... [Read More]

Lobel Financial collaborates with NIADA as national corporate partner

auto financing
Thursday, Dec. 13, 2018, 06:47 PM
BHPH Report Staff
A finance company your buy-here, pay-here operation might leverage enhanced its relationship with the National Independent Automobile Dealers Association. According to an announcement distributed this week, Lobel Financial has improved its longstanding affiliation with NIADA by becoming the association’s most ... [Read More]

Advance Auto Parts revamps website to help dealerships

advance store picture
Tuesday, Dec. 11, 2018, 04:26 PM
BHPH Report Staff
Advance Auto Parts recently finished an update of its online resources in an effort to help independent dealerships and buy-here, pay-here stores that have their own service drive or complete some reconditioning themselves. Advance Auto Parts completed the nationwide rollout ... [Read More]

Total bankruptcies dip in November

bankruptcy 2
Thursday, Dec. 6, 2018, 03:58 PM
BHPH Report Staff
While certain commercial filings spiked, the American Bankruptcy Institute reported that consumer cases ticked lower in November. According to data provided by Epiq Systems, total U.S. bankruptcy filings in November generated a 2-percent decrease year-over-year with the figure coming in ... [Read More]

NextGear Capital’s Rapid Pay surpasses $1B in funding through 3 quarters

money-key
Tuesday, Nov. 27, 2018, 03:20 PM
BHPH Report Staff
Dealerships are leveraging NextGear Capital for more than just inventory they want running down the auction lanes. The Cox Automotive company recently highlighted that it has financed more than $1 billion through the first three quarters of the year for ... [Read More]

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