Tuesday, June 5, 2018 - 12:29pm

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 and also offers tailored corporate advisory services,... Read More

Monday, May 21, 2018 - 1:58pm

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, editors and analysts covering technology and the IoT, mobile devices... Read More

Thursday, May 17, 2018 - 11:58am

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, announced the companies have completed a software... Read More

Tuesday, May 15, 2018 - 9:29am

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 to begin 2018 than a year... Read More

Tuesday, May 8, 2018 - 10:36am

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 intelligence alone would not achieve his goals. Every... Read More

Thursday, April 26, 2018 - 10:12am

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 PPM. In an effort to attract more... Read More

Tuesday, April 17, 2018 - 11:34am

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 4 percent during Q1. According to data provided... Read More

Tuesday, April 10, 2018 - 11:32am

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 legacy embedded technology. On Tuesday,... Read More