VINCUE becomes newest NIADA National Corporate Partner
Tuesday, Oct. 25, 2022, 04:42 PM
BHPH Report Staff
VINCUE recently finalized details for a National Corporate Partnership with the National Independent Automobile Dealers Association (NIADA) to help members optimize the inventory lifecycle. VINCUE will offer its solutions to NIADA members at a preferred price, giving them access to tools ... [Read More]
3 requirements of Safeguards Rule risk assessment reports
Tuesday, Oct. 25, 2022, 04:14 PM
BHPH Report Staff
Ignite Consulting Partners continued its Tip of the Week series by again focusing on the enhanced Safeguards Rule set to be implemented by the Federal Trade Commission. Ignite said that independent and buy-here, pay-here dealerships should have completed or at ... [Read More]
Car-Mart names 2 key executives focused on growth & technology
Thursday, Oct. 20, 2022, 02:26 PM
BHPH Report Staff
Earlier this month, Douglas Campbell became president of America’s Car-Mart. This week, the buy-here, pay-here dealership chain by naming two more leading executives, filling the newly formed role as director of acquisitions as well as picking a chief digital officer. ... [Read More]
Ignite outlines 4 general attributes of a qualified individual (QI)
Thursday, Oct. 13, 2022, 05:07 PM
BHPH Report Staff
In another installment of its Tip of the Week, Ignite Consulting Partners reviewed what the Federal Trade Commission previously has stated about what attributes a qualified individual (QI) should have. These are the individuals at a dealership or finance company ... [Read More]
Bankruptcies climb for second straight month to close Q3
Thursday, Oct. 6, 2022, 01:56 PM
BHPH Report Staff
As the economy loses steam, bankruptcy filings are gaining momentum. According to data released this week from Epiq’s Bankruptcy Analytics platform, year-over-year U.S. bankruptcy filings increased 7% across all chapters for the second consecutive month in September. Epiq reported that ... [Read More]
APCO Holdings offers free reinsurance guide for dealers
Tuesday, Oct. 4, 2022, 03:17 PM
BHPH Report Staff
APCO Holdings wants to help dealers get the most out of what reinsurance programs can provide. On Monday, the provider and administrator of automotive F&I products and home to the EasyCare and GWC Warranty brands, released a free guide for ... [Read More]
NIADA adds Glo3D as national corporate partner to help members with digital retailing
Thursday, Sep. 29, 2022, 02:51 PM
BHPH Report Staff
This week, the National Independent Automobile Dealers Association selected Glo3D.com, an automotive media software company, as a National Corporate Partner. As part of this partnership, NIADA said Glo3D.com will help more than 15,000 NIADA members revolutionize their online presence in ... [Read More]
Tricolor gains more financial resources, as Hispanic market continues to grow
Thursday, Sep. 29, 2022, 02:47 PM
BHPH Report Staff
In celebration of Hispanic Heritage Month, the 2022 Hispanic Market Report generated by Claritas, a data-driven marketing company, showed the U.S. Hispanic population is exploding, with 89% growth since 2000. According to the report, around 66.5 million Hispanic consumers live ... [Read More]
Car-Mart hires Campbell to be president
Tuesday, Sep. 27, 2022, 03:13 PM
BHPH Report Staff
Douglas Campbell possesses significant used-car experience at franchised stores as well as remarketing vehicles after they’ve been in a rental car fleet. Now Campbell is about to embark on a professional chapter within another part of the used-vehicle market — ... [Read More]
Agora Data lands $100M revolving credit facility
Thursday, Sep. 22, 2022, 02:24 PM
BHPH Report Staff
Agora Data now has more financial fuel to maintain its energetic pace of providing independent dealers and finance companies precision performance analytics and access to ample, affordable capital. The fintech company announced this week that it closed a $100 million ... [Read More]