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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

Tricolor continues to leverage AI-fueled risk-scoring platform for underserved Hispanic consumers

artificial intelligence
Tuesday, Nov. 20, 2018, 04:29 PM
BHPH Report Staff
A company with its roots in the buy-here, pay-here space is continuing to expand an artificial intelligence-powered financial services platform serving Hispanic consumers. Tricolor recently announced an exclusive agreement with Phenx Machine Learning Technologies. In early testing, Tricolor’s newly AI-enabled ... [Read More]

QuotePro and Fiserv partner to improve cash-collecting kiosks

money-stack
Thursday, Nov. 8, 2018, 05:16 PM
BHPH Report Staff
For the 2017 National Independent Automobile Dealers Association Quality Dealer of the Year, having a way to accept cash safely for payments on retail installment contracts is crucial to operating its store efficiently and safety. And now a tool that ... [Read More]

3 clear trends surface in Equifax and NIADA Q3 Auto Business Outlook

strategy picture
Thursday, Nov. 8, 2018, 05:12 PM
BHPH Report Staff
This week, Equifax and the National Independent Automobile Dealers Association shared noteworthy results from their Q3 Auto Business Outlook, which stems from operators participating in a quarterly survey. Equifax and NIADA highlighted that three general themes surfaced from the latest ... [Read More]

New roles for Levine and Hudson at Ignite Consulting Partners

executive boardroom
Tuesday, Nov. 6, 2018, 03:59 PM
BHPH Report Staff
It’s already been a November to remember for Ignite Consulting Partners. First, the auto-finance compliance firm that caters to buy-here, pay-here dealerships of all sizes, announced that Steve Levine and Richard Hudson have expanded their roles as managing partners as ... [Read More]

Q4 starts with rise in bankruptcy filings

bankruptcy 1
Tuesday, Nov. 6, 2018, 03:53 PM
BHPH Report Staff
The fourth quarter began with an uptick in bankruptcy filings; perhaps providing a potential lift of buy-here, pay-here dealership customers as store operators head toward the early portion of tax season. The American Bankruptcy Institute (ABI) indicated that consumer filings ... [Read More]

Study shows car insurance is least affordable in Louisiana

row-cars
Thursday, Nov. 1, 2018, 02:38 PM
BHPH Report Staff
The Insurance Research Council (IRC) might have uncovered another market challenge for buy-here, pay-here operators who sell vehicles in Louisiana, which already ranks near the top for deliquencies. According to a new study from the IRC, Louisiana ranks No. 1 ... [Read More]

Credit union gets federal grant to compete against BHPH dealers

handshake
Tuesday, Oct. 30, 2018, 02:40 PM
BHPH Report Staff
An announcement from the Credit Union National Association (CUNA) detailed how buy-here, pay-here dealers in two states might see more competition from a specific credit union. The organization indicated the Community Development Financial Institutions (CDFI) Fund orchestrated by the U.S. ... [Read More]

FDIC: Unbanked level drops to lowest point on record

chart
Tuesday, Oct. 30, 2018, 02:38 PM
BHPH Report Staff
The volume of consumers without a bank account is now at an all-time low. For the third consecutive survey period, the number of U.S. households without a bank account fell, according to the results of the 2017 biennial National Survey ... [Read More]

PassTime revamps GPS portal with InTouch Summit

news pic
Tuesday, Oct. 23, 2018, 02:57 PM
BHPH Report Staff
Buy-here, pay-here dealers and finance companies that use GPS solutions from PassTime now have access to a new gateway to leverage the company’s platform and tools. PassTime recently launched what’s being dubbed the InTouch Summit, an all-new device management portal ... [Read More]

Holman: How to handle customers not pushing ‘industry disruption’

strategy picture
Tuesday, Oct. 16, 2018, 01:50 PM
Jim Holman, Strategic Automotive Consulting
For the last couple of years, the buzz word of the automobile industry has been “disruption.” Granted, our industry may not have the exclusive on disruption, but it has most definitely been disrupted. They say, that is the proverbial “they,” ... [Read More]

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