November bankruptcy filings soar 21% higher year-over-year
Tuesday, Dec. 12, 2023, 10:18 AM
BHPH Report Staff
While one specific case triggered a triple-digit spike in commercial filings, individual bankruptcy filings jumped 21% year-over-year in November, according to data provided by Epiq Bankruptcy. Epiq reported total bankruptcy filings came in at 37,860 in November, up from 31,187 ... [Read More]
Byrider honors top franchise dealers for 2023
Thursday, Dec. 7, 2023, 10:38 AM
BHPH Report Staff
Byrider honored more than a dozen different operators when the buy-here, pay-here dealership chain presented annual awards to its franchise body during the company’s annual convention in Marco Island, Fla., last month. Byrider chief executive officer Craig Peters said, “These ... [Read More]
6 enhancements of cyclCRM from ABCoA
Tuesday, Dec. 5, 2023, 11:32 AM
BHPH Report Staff
Advanced Business Computers of America (ABCoA) unveiled six enhancements for cyclCRM, the technology company’s fully integrated customer relationship management (CRM) and loan origination software (LOS) with an instant funding portal (Capsa) that initially launched nearly 10 years ago. ABCoA highlighted ... [Read More]
Car-Mart expands via acquisition, reports fiscal Q2 performance
Tuesday, Dec. 5, 2023, 11:31 AM
BHPH Report Staff
Just before revealing financial results from the second quarter of its 2024 fiscal year, America’s Car-Mart entered into a definitive agreement to purchase the ongoing dealership assets of Allied Union Group, an Arkansas corporation doing business as Central Auto Sales. ... [Read More]
Clearsurance.com research uncovers cheapest insurance options
Thursday, Nov. 30, 2023, 10:17 AM
BHPH Report Staff
Buy-here, pay-here dealers often want to know two pieces of information about customers in their portfolio. Are they current on their monthly payments, and do they have valid car insurance? If your dealership customers need to find a more affordable ... [Read More]
PODCAST: More road adventures & dealer anecdotes with Gene Daughtry
Wednesday, Nov. 22, 2023, 10:34 AM
BHPH Report Staff
This year’s travels for dealer road warrior Gene Daughtry took him to Used Car Week, and the senior consultant for Auto Master Systems made another visit for the Auto Remarketing Podcast. Daughtry shared more anecdotes from his conversations with dealerships ... [Read More]
COMMENTARY: Thanksgiving reflection & being grateful for wise choices
Tuesday, Nov. 21, 2023, 11:03 AM
Richard Hudson, Ignite Consulting Partners
In our industry, we encounter situations like repos and collections calls that can bring us more heartburn than a turkey dinner. With Thanksgiving just around the corner, we thought it would be good to approach this week’s topic with reflection ... [Read More]