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SPONSORED EPISODE: Greenville Auto Auction Celebrates 16 Years—A look back and a look ahead
On this sponsored episode of the Auto Remarketing Podcast, Bill Zadeits visits with Billy Willis and Kevin Stallings of Greenville Auto Auction. The auction celebrates 16 years in early September, and the guys talk about the history of the sale, ... Listen Here
Wide-ranging car-business conversation with Lotlinx chairman and CEO Len Short
Lotlinx chairman and CEO Len Short firmly believes car dealers are the most resilient operators in any business. During this episode of the Auto Remarketing Podcast, Short explained why he is anticipating dealers showing that resilience again because it’s needed ... Listen Here
Path to delivering education in Spanish with Ignite Dealer Compliance Group
Steve Levine has dozens of dealer clients with Spanish as their native language. Those dealers also have hundreds of Hispanic customers who cannot speak or understand English. To fill compliance and training gaps created by language challenges, the owner of ... Listen Here

Annual bankruptcy total dips for eighth consecutive year

bar-chart
BHPH Report Staff
The American Bankruptcy Institute looked over the numbers and found that total filings for 2017 dipped 1 percent compared to the previous year, extending a streak of consecutive year-over-year declines that stretches back to 2009. According to data provided by ... [Read More]

Done deal: NIADA acquires NABD

NIADA - NABD Signing for site
BHPH Report Staff
Just as the industry was purchasing last-minute holiday presents and figuring out where extra guests were going to sleep, the National Independent Automobile Dealers Association (NIADA) and the National Alliance of Buy-Here, Pay-Here Dealers (NABD) announced an agreement on Dec. ... [Read More]

November bankruptcies climb year-over-year

bankruptcy 2
BHPH Report Staff
The potential pool of customers who just filed for bankruptcy and could be turning to buy-here, pay-here dealers to secure transportation ticked up again in November. According to data provided by Epiq Systems, the American Bankruptcy Institute indicated consumer bankruptcies ... [Read More]

J.D. Byrider honors top franchises

award winner
BHPH Report Staff
J.D. Byrider recently celebrated with the buy-here, pay-here corporation’s 54 owners at the company’s annual convention in Hollywood, Fla. At the event, three Midwestern dealers won top honors as a part of J.D. Byrider’s annual award program. The Franchise of ... [Read More]

Ituran USA and Auto Master integrate software to streamline collections and more

partnership
BHPH Report Staff
Buy-here, pay-here operators who use products from Ituran USA and Auto Master Systems now can benefit from these two systems working together. The GPS solution provider and dealership management system (DMS) recently finalized integration. The companies highlighted that all Auto ... [Read More]

Will cash method soon be a choice for BHPH dealerships?

Federal reserve
John Donaldson and Ken Shilson
So you have heard over the years that independent dealers cannot use the cash method of accounting and must use the accrual method, which is correct. You have been told about the benefits of a related finance company and how ... [Read More]

October bankruptcy filings move higher

bankruptcy 1
BHPH Report Staff
Despite what experts see as an obstacle to filing, the American Bankruptcy Institute (ABI) noticed that the total amount of consumers and businesses seeking this legal financial shelter rose in October both sequentially and year-over-year. According to data provided by ... [Read More]

First-time attendees rave about NABD’s fall event

business excellence
BHPH Report Staff
Ken Shilson, president of the National Alliance of Buy-Here, Pay-Here Dealers, reported that more than 50 percent of the surveyed attendees who came to the recent Fall BHPH Conference had never been to an NABD event previously. Evidently, those operators ... [Read More]

Cordray makes final plea to Trump about arbitration rule

Richard Cordray for SPN
Nick Zulovich, Senior Editor
To use sports analogies, the letter might be a Hail Mary on the last play of a football game or swinging for the fences with two outs in the bottom of the ninth inning of a baseball game. On Monday, ... [Read More]

From the editor: More CFPB noise and dealer victories

board-room
Nick Zulovich, Senior Editor
Twice now in roughly the past month, the Consumer Financial Protection Bureau largely became the conversation topic when a collection of dealers gathered, and raucous sounds filled a hotel venue. In September, a fire alarm triggered a brief evacuation as ... [Read More]

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