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Former SCUSA, Capital One technology executive joins Tricolor

Thursday, February 14, 2019 - 10:37am

BHPH Report Staff

A technology expert who has held top roles at Santander Consumer USA and Capital One now is a part of Tricolor, one of the largest used-vehicle retailers focusing on the sale... Read More

Auto Master Systems becomes 4th DMS to integrate with AGORA

Wednesday, February 20, 2019 - 1:08pm

BHPH Report Staff

Frazer, Wayne Reaves, DealerCenter and now Auto Master Systems (AMS). All of those dealer management systems (DMS) now have an integration with AGORA, a Texas-based... Read More

PODCAST: Equifax explains how credit reports show much more than scores

Tuesday, February 19, 2019 - 10:01am

BHPH Report Staff

During a podcast recorded during the Vehicle Finance Conference hosted by the American Financial Services Association, Nick shared another conversation with Jennifer Reid,... Read More

DriveTime selects new CEO

Monday, February 26, 2018 - 2:28pm

Monday, February 26, 2018 - 2:28pm

BHPH Report Staff

DriveTime chose a leader with plenty of experience in the franchised dealer group world to be its new chief executive officer. According to an announcement distributed on Monday, Don Reese will join DriveTime as its new CEO beginning in late March. Reese will also be appointed to the DriveTime Automotive Group and... Read More

NIADA and Subprime Analytics confirm data agreement to aid dealers

Friday, February 23, 2018 - 11:36am

Friday, February 23, 2018 - 11:36am

Nick Zulovich, Senior Editor

When the National Independent Automobile Dealers Association (NIADA) finalized its acquisition of the National Alliance of Buy-Here, Pay-Here Dealers (NABD) this past December, the last thing Ken Shilson wanted to do was just power down his computer and never look spreadsheets or other financial documents and... Read More

3 advantages of automated billing within BHPH

Tuesday, February 13, 2018 - 2:24pm

Tuesday, February 13, 2018 - 2:24pm

Thomas Aronica, SkyBank Financial and Biller Genie

There is, perhaps, no better illustration of the “with great risk, comes great reward” concept than buy-here, pay-here. However, the advent of automated billing systems has decreased the risks associated with this market while improving cash flow and profits for these dealerships. In short, these systems... Read More

8 features of DriveTime’s refurbished mobile site

Tuesday, February 13, 2018 - 11:47am

Tuesday, February 13, 2018 - 11:47am

BHPH Report Staff

With more consumers shopping for their next car using their mobile devices, DriveTime wanted to upgrade its offerings in an effort to capture those potential sales. On Tuesday, DriveTime announced the launch of a new mobile site with innovations designed to extend to both the customer experience and the technology... Read More

NIADA notes: Dealer optimism high; new relationship with Lyft

Tuesday, February 6, 2018 - 12:36pm

Tuesday, February 6, 2018 - 12:36pm

BHPH Report Staff

Independent dealers went into 2018 with an upbeat mood. Why? The economic and retail sales growth expectations of independent dealers have improved substantially, according to the National Independent Automobile Dealers Association’s business confidence survey for the fourth quarter of 2017. The survey of NIADA... Read More

Car-Mart expands in Kentucky

Thursday, February 1, 2018 - 10:29am

Thursday, February 1, 2018 - 10:29am

BHPH Report Staff

This week, America’s Car-Mart expanded its network of buy-here, pay-here dealerships. The company opened its second store in Bowling Green, Ky. The location raises Car-Mart’s footprint in the Bluegrass State to 12 dealerships. Car-Mart indicated this new Bowling Green dealership will be managed by Jesse... Read More

NIADA reminds operators about using updated buyers guide

Tuesday, January 30, 2018 - 11:33am

Tuesday, January 30, 2018 - 11:33am

BHPH Report Staff

The National Independent Automobile Dealers Association reminded operators about an important change from the Federal Trade Commission that went in effect this past Sunday. NIADA said dealers now are required to display the new version of the federally mandated buyers guide form on all used vehicles displayed for sale... Read More

Annual bankruptcy total dips for eighth consecutive year

Tuesday, January 9, 2018 - 11:24am

Tuesday, January 9, 2018 - 11:24am

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 Epiq Systems, total bankruptcy filings decreased slightly to... Read More

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