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 and financing of vehicles to Hispanic consumers, This week, Tricolor announced that it has appointed industry veteran Don Goin as its chief... Read More

Thursday, February 7, 2019 - 12:04pm

BHPH Report Staff

Bankruptcy filings jumped on both a year-over-year and month-over-month basis to begin 2019. According to data provided by Epiq Systems, the American Bankruptcy Institute reported that U.S. bankruptcy filings increased 11 percent in January from December. Officials said bankruptcy filings totaled 57,618 in January, up... Read More

Tuesday, February 5, 2019 - 10:25am

Nick Zulovich, Senior Editor

The most recent changes to the federal tax code certainly generated plenty of attention. But Steven Carstens — a partner at Shilson, Goldberg, Cheung & Associates, which is an accounting firm that specializes in the buy-here, pay-here industry — thinks the windfall for independent dealers might... Read More

Friday, February 1, 2019 - 3:48pm

BHPH Report Staff

NIADA’s executive committee dramatically changed to begin the second month of the year. Late on Friday afternoon, the National Independent Automobile Dealers Association said it received an official notice of resignation from its president, Andy Gabler, dated Thursday, effective immediately. In accordance with... Read More

Tuesday, January 29, 2019 - 10:52am

BHPH Report Staff

Now that the government shutdown has been halted until at least Feb. 15, the Internal Revenue Service announced on Monday that it successfully opened the 2019 tax-filing season as the agency started accepting and processing federal tax returns for tax year 2018. Despite the major tax law changes made by the Tax Cuts and... Read More

Tuesday, January 29, 2019 - 10:44am

BHPH Report Staff

A financial services organization already with a long-standing relationship with NIADA recently expanded the partnership. Home Loan Investment Bank, whose auto finance division offers a Preferred Dealer Referral Program to independent dealers throughout the country, has joined with the National Independent Automobile... Read More

Tuesday, January 15, 2019 - 2:11pm

BHPH Report Staff

NextGear Capital has rolled out its new Self Reconciliation feature nationally, available through the Account Portal. The company says the Self Reconciliation functionality simplifies the necessary floorplan auditing process. In releasing the feature, NextGear noted it will help dealers who could be spending their time... Read More

Thursday, January 10, 2019 - 10:53am

BHPH Report Staff

Automotive Finance Corp. president Jim Money shared a conversation with Nick during Used Car Week 2018 to discuss trends involving dealership floor planning and other commercial lending that helps stores thrive. Money also touched on how actions by the Federal Reserve influence how both AFC and dealerships do... Read More