All Blog Posts (12,628)

Kerrigan Advisors Represents Grossinger Auto Group in Sale to AutoCanada

Longest running dealership group in Illinois completes sale of 15 franchise dealerships, marking fifth Top 100 Dealership Group transaction completed by Kerrigan Advisors.

AutoCanada enters US market with acquisition, which is largest acquisition of US dealerships by an international buyer in the history of auto retail.    

 

 

Irvine, CA, March 22, 2018 – Kerrigan Advisors, the leading sell-side…

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Added by Crystal Hartwell on March 22, 2018 at 1:57pm — No Comments

Car Buyer Happiness with Online Loans Increases Happiness with Dealership Experience, according to New Case Study

Real world reports from auto dealerships in SpringboardAuto study show how online financing helps to improve customer satisfaction, and increase the likelihood of continued patronage

Irvine, CA –March 22nd, 2018 – SpringboardAuto today released a case study that aligns recent survey findings around the emerging consumer demand for online auto loans with real…

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Added by Crystal Hartwell on March 22, 2018 at 1:17pm — No Comments

Write Service Podcast: Episode 21- YOU Owe It to Yourself!

This week, Jeff discusses arguably the biggest mistake advisors make- not giving it their all! Are you part of the 80% that goes to work, waves behind the desk, doesn't walk around every car, or simply has your lazy days? This message is for you! Dealers, managers, principals, advisors, this message will hit home for you and your staff. Listen in for an inspiring yet motivating "wake up call" that everyone in the service industry can learn from! Copyright 2018 Wm Jeff Cowan…

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Added by Jeff Cowan on March 22, 2018 at 12:00pm — No Comments

BREAKING NEWS:CarSaver and Walmart to .....



CarSaver and Walmart Expand Program to Make Car Buying Easy

CarSaver to Open 250 Car Shopping Centers at Walmart Stores





CarSaver and Walmart Expand Program to Make Car Buying Easy

CarSaver to Open 250 Car Shopping Centers at Walmart Stores



Bentonville, Ark. and Miami, Fla. – March 21, 2018 – Walmart and CarSaver today announced they will expand a program that helps customers save time and money when buying a car.



CarSaver is the first…

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Added by DealerELITE on March 22, 2018 at 8:04am — 1 Comment

Trust is the #1 Factor!

Your Trust Dashboard Part 2

In our most recent blog, we reported that trust is the #1 factor for women in determining where they buy and service their cars. Yes, there’s a direct parallel between increasing trust to increase sales. But trust can be a nebulous…

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Added by Anne Fleming on March 21, 2018 at 8:00am — 2 Comments

Paintless Dent Repair Training

Graduating High School this Summer and Not Interested in College?

It’s ok. You’re not alone. Many others don’t want to spend the time and money to get a 4 year degree that doesn’t guarantee success in life.

For some, the automotive industry beckons and shows promise.

Dent removal, or PDR Training is one fast track to a vocational career that can…

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Added by Terrel Watkins on March 20, 2018 at 11:30pm — No Comments

J.D. Byrider Applies Equifax Ignite™, Increases Auto Buyer Approvals by 10 Percent

When J.D. Byrider, a  leading used car sales and finance enterprise, expanded geographically and organically, they began an engagement with Equifax Inc. (NYSE:  EFX), a global information solutions company, to better identify risk and streamline deal structures. J.D. Byrider used Equifax Ignite™ to develop a configurable origination risk model that uses traditional credit data, augmented…

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Added by John Sternal on March 20, 2018 at 3:28pm — No Comments

Federal Trade Commission Blocks Acquisition of Auto/Mate Dealership Systems by CDK Global

Albany, NY – March 20, 2018​ – The Federal Trade Commission (FTC) has blocked Auto/Mate Dealership System’s pending acquisition by CDK Global. In April 2017, the two companies signed an agreement outlining terms of a sale that was subject to FTC approval. After an extensive 11-month review, the FTC decided that it was in the best interest of auto dealers to have Auto/Mate remain as a strong competitor in the marketplace.

 

“It seems that the FTC thought we were…

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Added by Mike Esposito on March 20, 2018 at 1:51pm — No Comments

Success in Professional Sales Podcast: Episode 20- Ensure Your Success

This week, Jeff discusses how to ensure your success within your professional sales career. The key is to surround yourself with 4 types of people: models, mentors, partners, and friends. Tune in to see how each type of support can benefit you and help you maximize your potential! Copyright 2018 Wm Jeff Cowan

Click here to watch!

Also available on iTunes, GooglePlay, and Stitcher. Don't…

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Added by Jeff Cowan on March 20, 2018 at 12:00pm — No Comments

All Non-Luxury Car Segments Increased in Value

Welcome to this week's edition of Black Book Market Insights, with in-depth analysis of used car and truck valuation trends and insights straight from the auction lanes. Click here to download the full…

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Added by John Sternal on March 20, 2018 at 11:59am — No Comments

AutoBuy’s Unique Remarketing Model Continues to Gain Traction, Growing by Double and Triple Digits Year over Year

 

AutoBuy doubles pipeline of fresh diverse inventory for auto dealers; appraised inventory grows to over $1.5 Billion…

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Added by Crystal Hartwell on March 20, 2018 at 11:11am — No Comments

How to Capture More Service Potential from Current Customers

By many historical measures, service opportunities have never been greater for auto dealers. In the last decade auto sales have boomed, creating an unprecedented service opportunity tailwind for the next decade. More factory scheduled maintenance programs are driving initial service visits. Increased CPO volume has created more reconditioning and used vehicle service…

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Added by Scot Eisenfelder on March 20, 2018 at 10:08am — No Comments

Rewards Programs Mean More than Just Rewards

Rewards programs are indisputably a staple in common society. Most retailers have them and consumers have come to expect them.

 

The problem is that most retailers view rewards programs as an expense, rather than a revenue generator. Sure, there are discounts and other things that come along with rewards programs – and those are the “expenses” some retailers…

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Added by Mike Gorun on March 20, 2018 at 9:54am — No Comments

Reviver Auto Expands Distribution of Digital License ‘RPlates’ in California; Adds Pendragon North America as Dealer Partner

RPlate Pro transforms stamped metal license plates into a connected car platform that automates DMV renewals and adds new levels of personalization

 

Foster City, CA – March 19, 2018Reviver Auto, creator of the RPlate, the world’s first digital license plate, today announced it has partnered with Pendragon North America (PNAA) to sell the RPlate Pro to consumers in California. PNAA owns and operates…

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Added by Crystal Hartwell on March 19, 2018 at 10:33am — No Comments

Auto Dealership Transactions Stay Above 200, as Consolidation Continues and Sellers Fast-Track Succession Plans, according to The Blue Sky Report® released by Kerrigan Advisors

 

 

For the fourth consecutive year, buy/sell transactions exceeded 200; since 2014 the industry has completed over 850 buy/sell transactions – one of the most active markets in auto retail history.

 

Irvine, CA –March 19, 2018 – The auto dealership Buy/Sell market surpassed 200 transactions for the fourth consecutive year in 2017, according to The Blue Sky Report’s® Full Year Report…

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Added by Crystal Hartwell on March 19, 2018 at 10:20am — No Comments

Developing Your Standards

Those who hope to achieve success in life understand your standards hold a critical part in any achievement. Isn’t it interesting as critical as standards are towards achievement so little time is spent understanding and developing them? We are so caught up with the concerns of the day and dealing with current issues there isn’t any time left to develop…

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Added by Rob Gehring on March 19, 2018 at 10:00am — No Comments

myKaarma Launches Simple Video Walkaround App for Auto Dealer Service Departments

 New App speeds up check-in process, virtually eliminates damage claims

& increases upsell opportunities

 

LONG BEACH, California -- March 19, 2018-- --myKaarma, a software company that helps

dealerships communicate better with their customers at every stage of the service process, from check-in through payment, today…

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Added by Ujj Nath on March 19, 2018 at 9:25am — No Comments

4 Online Business Education Resources for Future Entrepreneurs

There are many people who dream of starting their own business. Some of them can do so even without building some additional skills, just because they are talented enough. But that actually doesn't happen often. Most of us need to learn and to develop new skills in order to build a successful…

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Added by Lori Wade on March 19, 2018 at 7:30am — No Comments

Introducing in this corner

Most of us have watched a professional fight. When I was growing up it was old school boxing and later it became mixed martial arts (MMA). The latest fight between the old school of Floyd Mayweather  and new school Conor MrGregorEveryone wanted to know which was better. Because they weren't in the same weight class we may never really know which is better. Old school boxing or all the fancy crazy technical holds, escapes and reverses of the new school…

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Added by Jeff Dahlberg on March 18, 2018 at 11:30pm — No Comments

Islands in the Stream, that is What We Are

Live video is taking over. If you have been on social media anytime lately, you probably noticed the barrage of streaming Facebook Live videos. In addition, videoconferencing has replaced boring teleconferences on just about every major platform. Why? Because, while we supposedly live in a super connected world, people are, in fact, less connected than ever. We communicate…

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Added by Timmy D. James on March 16, 2018 at 9:44am — No Comments

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