-
"We used to do that"
While this age of new technology introduces successful tools for the retail automotive business, there are no magic bullets that will, by themselves, improve ALL aspects of your dealership. The best dealerships still get better at executing the basics of the business. These basics remain the same:…
-
New Survey Data From EVAI Show Fleet Managers Face Continued Challenges in Leveraging TCO Metrics With Auto Dealer Partners
Jackson, Wyo. – (April 1, 2025) – EVAI, a pioneering company specializing in advanced data analytics and AI-driven solutions for fleet management, today announced results of its latest industry survey revealing significant insights into the use of total cost of…
-
Why is the Power of Resilience Important?
Let’s start with the basics: resilience is your ability to bounce back when life or work knocks you down. It’s like being a rubber band—you stretch, you bend, but you don’t…
-
Interactive EQ launches Auto IEQ - AI-based Talent Assessment Platform Custom-Built for Auto Industry Needs
Interactive EQ, an interactive talent assessment platform that combines AI and interactive videos to measure emotional quotient (EQ), launched its Auto IEQ product for dealers/retailers, service providers, and OEMs. LOS ANGELES, Mar. 25, 2025 -- Interactive EQ launches Auto IEQ - AI-based Talent…
-
The Looming Threat of Deepfakes: A New Era of Auto & Financial Fraud
In recent years, while AI has empowered dealers and lenders to enhance their businesses, it has also provided fraudsters with sophisticated tools to perpetrate financial fraud. One of the most concerning developments is the use of generative AI techniques, including deepfakes, to create…
-
What’s Preventing More Auto Retailers From Additional Cyber Defense?
Sure, technology is rapidly advancing the automotive retail and lending industries, but this evolution has also brought about new challenges in the areas of cybersecurity. The ransomware event of the summer of 2024 made many headlines, and since then the entire industry is taking a closer look at…
-
Kerrigan Advisors Represents Lou Sobh Automotive Group in Sale of Kia of Cerritos Dealership to Trophy Automotive Dealer Group
Sale of the second highest volume Kia dealership in the largest car market in the US marks Kerrigan Advisors’ 20th Kia rooftop sold and 287th dealership sold since…
-
Modernizing Inventory Management: How Machines Can Outperform Human Dealers
As the automotive dealership industry has long relied on human intuition and historical sales data to guide inventory management decisions, dealers continue to face a constant balancing act: having the right mix of vehicles to meet customer demand without overstocking models that might sit unsold…
-
Dealership Buy/Sell Market Hits Record High in 2024 as US Auto Dealer Confidence Rose
Buy/sell transactions surged 10% YoY in 2024, with 697 franchises sold—highest since 2021; buyer confidence in valuations grew as earnings normalized; Blue Sky multiples strongest among most trusted franchises Incline Village, NV – March 17, 2025 – The auto dealership buy/sell market delivered…
-
Effective Interviewing Techniques
How effective are you at interiewing? ✔️ Cultural effectiveness starts with the hiring process. ✔️ Typically, in most dealerships, hiring is conducted based on immediate need, whereas recruiting should always be an ongoing process. ✔️ When hiring is done out of desperation, people are hired…
