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This Month's Focus

Artificial Intelligence
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Marketing for car dealerships in the age of AI
Wednesday, May. 27, 2026, 11:34 AM
There’s no doubt that artificial intelligence is revolutionizing the way companies do business — and the automotive industry is no exception. In fact, most dealers have already embraced AI models and incorporated them into their daily operations. From analyzing data ... Read More
S&P Global Ratings ponders if Anthropic’s Mythos is ‘inflection point’ or ‘evolution’ of AI
Wednesday, May. 27, 2026, 09:20 AM
At the beginning of May, Federal Reserve vice chair Michelle Bowman acknowledged that Anthropic’s Mythos — an artificial intelligence model that identifies cyber vulnerabilities — created a significant stir in banking. This week, S&P Global Ratings released a report examining ... Read More
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
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

Westlake rolls out spot insurance program for California dealers

car
Tuesday, Jun. 5, 2018, 04:19 PM
BHPH Report Staff
Buy-here, pay-here dealers in California who watch vehicles roll over the curb with buyers who have insurance challenges can take advantage of a new product offered by Westlake Financial Services. The finance company recently announced a new spot delivery insurance ... [Read More]

Private equity bank looks to deploy $80M in independent dealer space

money-stack
Tuesday, Jun. 5, 2018, 04:17 PM
BHPH Report Staff
For operators looking for capital or how to handle the long-term future of their independent dealerships, perhaps Kelemen & Co. might be a financial resource to tap. On Tuesday, Kelemen, a private equity merchant bank that invests in mid-market companies ... [Read More]

Spireon receives eighth award in last 13 months

trophies
Monday, May. 21, 2018, 05:44 PM
BHPH Report Staff
Spireon has claimed another accolade for its mantle. The GPS provider recently was named the IoT Vehicle Telematics Company of the Year in the 2018 Compass Intelligence awards. Voted on by a judging panel of more than 40 industry-leading journalists, ... [Read More]

PassTime and Megasys finalize integration

partnership picture
Thursday, May. 17, 2018, 03:50 PM
BHPH Report Staff
Two technology services that a wide array of buy-here, pay-here operators use now have finished a collaboration to help dealerships. PassTime, a provider of GPS solutions, and Megasys, a provider of complete loan servicing systems for the consumer finance industry, ... [Read More]

Optimism wanes according to NIADA Q1 dealer survey

news pic
Monday, May. 14, 2018, 06:53 PM
BHPH Report Staff
Perhaps independent dealerships and buy-here, pay-here operators aren’t expecting to see their vehicles roll over the curb at the pace previously seen in recent years.  The economic and corresponding retail sales growth expectations of independent dealers were a bit more subdued ... [Read More]

3 steps to help BHPH dealers find true wisdom

best practices
Tuesday, May. 8, 2018, 02:10 PM
Julian Codding, NABD Hall of Fame
Is there a “wisdom” app for my phone? What’s the relative value of intelligence and wisdom? If there is anything that experience teaches, it is that wisdom has a far greater value than intelligence. Even Solomon prayed for wisdom knowing that ... [Read More]

Fidelis PPM incorporates added convenience into prepaid maintenance package in 5 markets

mechanic
Thursday, Apr. 26, 2018, 02:03 PM
BHPH Report Staff
Some franchised dealerships highlight their concierge-level services for their customers who need vehicle repairs and maintenance. Now, independent and buy-here, pay-here in five major markets can provide a similar level of services thanks to a new product addition from Fidelis ... [Read More]

Q1 bankruptcies soften, but trigger could be looming

bankruptcy 1
Tuesday, Apr. 17, 2018, 03:27 PM
BHPH Report Staff
At least one bankruptcy expert sees a potential connection to what the Federal Reserve does with interest rates as impacting filings and reversing what happened during the first quarter. The American Bankruptcy Institute reported that total U.S. bankruptcy filings fell ... [Read More]

Latest Procon Analytics tool can centrally manage all GPS devices to enhance risk mitigation

car-interior
Tuesday, Apr. 10, 2018, 03:18 PM
BHPH Report Staff
Auto finance companies and buy-here, pay-here dealers are seeking to adopt more advanced and scalable GPS systems for risk mitigation. But Procon Analytics acknowledged this trend brings the inefficient process of managing both new GPS systems plus old devices that use ... [Read More]

February bankruptcy filings show mixed moves

bankruptcy 2
Thursday, Apr. 5, 2018, 02:33 PM
BHPH Report Staff
The American Bankruptcy Institute highlighted that filings softened year-over-year in February but marked a sequential rise. According to data provided by Epiq Systems, ABI indicated total bankruptcy filings for February decreased 3 percent versus the same month last year. The ... [Read More]

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