Arlington, Texas (Feb.
21, 2018) – The National Independent Automobile Dealers Association has
contracted with Kenneth Shilson and Subprime Analytics to provide analytical services
for the association’s 16,000 members.
Subprime Analytics (www.subanalytics.com),
a Houston-based company that analyzes subprime automotive portfolio performance
using data-mining technology, has analyzed more than $20 billion in subprime
auto installment contracts over the past 10 years. It provides nationally
recognized automotive benchmarks that measure industry performance and trends.
“I am pleased to
prepare and issue our used car benchmarks and other analytical reports to
assist NIADA in its representation of the used car industry,” said Shilson, a
CPA and president and founder of Subprime Analytics.
“At Subprime Analytics,
we intend to develop data and analytical information in support of important
legal and regulatory initiatives by NIADA that will impact the used car
industry. NIADA and Subprime Analytics, working together, plan to expand
analytical reporting for its members.”
For the past 19 years,
Shilson has served as president and founder of the National Alliance of Buy
Here-Pay Here Dealers, which was recently acquired by NIADA. Shilson will
continue to assist both organizations and will participate in NIADA training
and conferences planned for 2018 and beyond.
“We are now working
together on the agenda for the 2018 NIADA/NABD Convention and Expo at Rosen
Shingle Creek in Orlando, Fla., June 18-21,” Shilson said. “It promises to be
the largest used car show in history, and I am delighted to join the NIADA team
in helping design and conduct the educational sessions and to continue to
provide NABD attendees the highly valuable specialized training they have come
“NIADA is also planning
a subprime auto conference this fall in Las Vegas and other dealer training
events. In the highly competitive subprime auto industry of today, education
has never been more important and valuable.”
NIADA CEO Steve Jordan
said he is “thrilled Subprime Analytics is now the de facto data arm of NIADA
and that Ken Shilson is adding his 20-plus years of data mining and analytics
expertise to the NIADA playbook of service to our members.
Analytics, Ken has created an extremely valuable service platform for dealers
and finance companies in the subprime automotive space that can help them
better understand how data trends can impact their businesses and customers. Aggregating
data is one thing, but Ken’s expertise in interpreting the data and its operational
trends is what puts him in a class by himself.
“As a real-life data
ninja, Ken is a hugely valuable asset to NIADA, our members and the industry,
and I look forward to our continued work together.”
For more information
about the 2018 NIADA Convention and Expo or to register, visit www.niadaconvention.com
or bhphinfo.com or call 832-767-4759. Availability is limited.