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Matt Babcock of Wolters Kluwer on how digital transformation continues to gain steam in auto financing
Matt Babcock, who heads up digital lending product strategy for Wolters Kluwer, returned for another visit on the Auto Remarketing Podcast. Wolter Kluwer recently released its latest quarterly Auto Finance Digital Transformation Index. Babcock recapped the sustained upward trajectory the ... Listen Here
SPONSORED EPISODE: The Buy Online Shift & What Dealers Need to Know Now
In this sponsored episode of the Auto Remarketing Podcast, Cox Automotive’s Jeri Reichel joins us to speak to the evolving Buy Online experience. She shares more about how shopper expectations are changing and what dealers should understand and do as ... Listen Here
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

AGORA adds Wayne Reaves to collection of DMS relationships

partnership
BHPH Report Staff
AGORA founder and chief executive officer Steve Burke is building a robust collection of integrations where his platform for bulk portfolio transactions can function with dealer management software (DMS). With Frazer and DealerCenter already in his pocket, Burke recently announced ... [Read More]

August bankruptcy filings jump 10%

bankruptcy 2
BHPH Report Staff
Bankruptcy court activity certainly intensified this summer, potentially creating a large pool of potential customers for buy-here, pay-here dealerships. According to data provided by Epiq Systems, the American Bankruptcy Institute indicated that total U.S. filings increased 10 percent in August ... [Read More]

DriveTime relocates NC dealership

cars in showroom
BHPH Report Staff
DriveTime has a new facility to serve customers in one of North Carolina’s largest cities. This week, DriveTime announced the relocation of its Tryon, N.C., dealership. Located in the Charlotte metro area, DriveTime’s newest dealership sits at 6431 N. Tryon St., ... [Read More]

AGORA now integrated with DealerCenter to facilitate bulk portfolio transactions

money-key
BHPH Report Staff
AGORA recently landed another industry connection to help establish itself as a prominent platform for bulk portfolio transactions. AGORA, a Texas-based provider of technology solutions for the financial services industry, announced a joint, newly launched integration functionality relationship with DealerCenter. ... [Read More]

Selly CRM integrates with Lot Wizard DMS

partnership picture
BHPH Report Staff
Two platforms used by an array of independent and buy-here, pay-here dealerships now work together. According to a news release distributed on Wednesday, Selly Automotive’s customer relationship management (CRM) platform is now integrated with Friday Systems Lot Wizard dealer management ... [Read More]

Arizona grand jury hands out 19-count indictment against BHPH operator

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BHPH Report Staff
For the second time this month, authorities have made moves involving a dealership operating in Arizona; this time a buy-here, pay-here operation in the state’s largest market. Arizona attorney general Mark Brnovich and the Arizona Department of Revenue announced a ... [Read More]

Tricolor and WorkRecords collaborate on new credit score for hourly workers

strategy picture
BHPH Report Staff
An operation with deep roots in buy-here, pay-here is rolling out a solution within the alternative-data space. Tricolor, one of the nation’s largest used-vehicle retailers focusing on Hispanic consumers, announced that it has reached a licensing agreement with WorkRecords to ... [Read More]

Proactive Dealer Solutions highlights BDC video education series

best practices
BHPH Report Staff
Buy-here, pay-here dealers who are looking to bolster their business development centers now have another training opportunity. A new online video education series for automotive retailers — PDS On the Rocks — has attracted the attention of thousands of car ... [Read More]

Q3 begins with rise in bankruptcy filings

bankruptcy 2
BHPH Report Staff
The second half of the year started with an upturn in bankruptcy filings, and an industry leader discussed a possible reason for the movement.  According to data provided by Epiq Systems, the American Bankruptcy Institute reported total U.S. filings increased ... [Read More]

2018 NIADA Convention sets attendance record and more

NIADA dealer luncheon
BHPH Report Staff
Here are more numbers that might please independent dealerships. The 2018 NIADA Convention and Expo might have been the 72nd such event in the National Independent Automobile Dealers Association’s long history, but it is No. 1 in all sorts of ... [Read More]

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