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The Importance of Cash Flow for BHPH Dealerships: Fueling Success in a Unique Market

The Importance of Cash Flow for BHPH Dealerships: Fueling Success in a Unique Market

by crosbyru | Feb 23, 2025 | Automotive News

The Importance of Cash Flow for BHPH Dealerships: Fueling Success in a Unique Market Cash flow is the lifeblood of any business, but for Buy Here Pay Here (BHPH) dealerships, it’s nothing short of critical. Unlike traditional car dealerships that rely on third-party...

Toyota NA chief Lentz to retire March 31; COO Ogawa named successor

by crosbyru | Dec 11, 2019 | Automotive News

Jim Lentz — the CEO of Toyota Motor North America for the past seven years and the man who helped guide the Japanese automaker’s North American operations for the past 14 years — will retire effective March 31 at the end...

Mercedes exec outlines next steps in road toward autonomous driving

by crosbyru | Dec 7, 2019 | Automotive News

Sajjad Khan heads up Mercedes-Benz’s future technology development, grouped under the name CASE, short for connected, autonomous, shared and electric. He recently spoke to Automotive News Europe Correspondent Christiaan Hetzner about the challenges slowing the...

Volkswagen headquarters raided again over diesel scandal

by crosbyru | Dec 3, 2019 | Automotive News

FRANKFURT — German public prosecutors raided the Wolfsburg headquarters of Volkswagen on Tuesday in the latest investigation into the automaker’s diesel emissions scandal. Prosecutors said investigators aimed to confiscate documents. Volkswagen, which...

Renault-Nissan plans to reboot alliance with new overseer

by crosbyru | Nov 29, 2019 | Automotive News

PARIS — Renault, Nissan and Mitsubishi plan to appoint a general secretary at the helm of their partnership to boost cooperation and reboot joint operations after the departure of former alliance CEO Carlos Ghosn. Renault is trying to repair relations with its...

Supplier to Ford, FCA facing insolvency settles suit

by crosbyru | Nov 25, 2019 | Automotive News

Western Michigan stamping company Gill Corp. and German auto supplier Benteler Automotive Corp. have reached an out-of-court agreement after a lawsuit filed by Benteler alleged that Gill breached scheduling agreements that could have impacted its parts for Ford, Fiat...
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