BHPH News

Lithia Motors & Driveway has acquired three Hyundai dealerships in the Las Vegas metro area with expected annualized revenues of approximately $225 million. “We are thrilled to make a strategic…
The automotive finance market grew during the first quarter, according to an Experian report. Total open automotive loan balances increased from $1.168 trillion in Q1 2020 to $1.288 trillion in…
Kroll Bond Rating Agency has assigned preliminary ratings to six classes of notes issued by Carvana Auto Receivables Trust 2021-N2, an auto loan ABS transaction. CRVNA 2021-N2 represents the third…
Current used retail listing volume is about 14% below the start of the year, but the inventory levels stabilized in the last four weeks. Days-to-turn have been decreasing since the…
New research conducted by Kelley Blue Book indicates consumers looking for a new automobile are expecting to be greeted by limited choices and high prices. The research, which involved surveying…
The BMW 2 Series led the field in iSeeCars’ top 20 fastest-selling used vehicle list. The average used vehicle takes 39.4 days to sell, and the top 20 fastest-selling vehicles…
Kroll Bond Rating Agency’s auto loan ABS indices for April 2021 showed auto loan credit trends remained well grounded during the March collection period. Early-stage delinquencies (30-59 days past due)…
MUSA Auto Finance, an automotive finance and technology lender specializing in leasing, has changed its name to DRIVRZ Financial. This new brand will serve as the leasing and finance division…
Reagor Dykes Auto Group owner Bart Reagor was charged with lying about using business loans for personal expenses, according to a U.S. Attorney in the Northern District of Texas. A…