All Blog Posts (12,618)

Kerrigan Advisors Represents Downtown LA Auto Group in Sale to Lithia Motors

 

 

 

Los Angeles-Based Downtown LA Auto Group is the Fourth Top 100 Dealership Group

sold by Kerrigan Advisors in the last 20 months

 

Irvine, CA, August 9, 2017 – Kerrigan Advisors, the leading sell-side advisory firm to auto dealers in the US, represented and advised Downtown LA Auto Group, #55 on Automotive News’ 2016 Top 150 Dealership Group…

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Added by Crystal Hartwell on August 9, 2017 at 1:48pm — No Comments

Car Segment Depreciation Level Increases

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…

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Added by Black Book on August 8, 2017 at 11:20am — No Comments

When It Comes to Customers Don’t Judge a Book By Its Cover

Almost every salesperson or manager tha…

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Added by Mike Gorun on August 8, 2017 at 10:01am — No Comments

How to Keep Your Vehicle in Top Shape - Dealer’s Advice

When you keep your car in good shape, your household budget will be in good shape as well. Any car owner who’s spent a lot of money on fixing their car will tell you that they regret not having taken better care of it. Car repairs can be hefty expenses, and by tending to problems while they are still small, you will avoid costly visits to a mechanic. If you follow your car’s manual instructions and provide it with care it deserves, your car will be durable and in tip-top…

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Added by Tyler Newport on August 8, 2017 at 6:25am — No Comments

Are you Killing Customers Softly with the Same Old Song?

In a recent…

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Added by Ujj Nath on August 7, 2017 at 9:53am — No Comments

Used Vehicle Depreciation Increases

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. …

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Added by Black Book on August 4, 2017 at 11:15am — No Comments

BLACK BOOK USED VEHICLE RETENTION INDEX REMAINS UNCHANGED THROUGHOUT JULY

Black Book, a division of Hearst Business Media that provides industry-leading used vehicle valuation and residual value forecast solutions, released its Used Vehicle Retention Index for July, showing the Index unchanged from June and resting at 113.0. The Index has now moved positive or unchanged in three of the last four months. …

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Added by Black Book on August 4, 2017 at 10:46am — No Comments

NEW BLACK BOOK WHITE PAPER OFFERS LATEST BEST PRACTICES ON TRADE APPRAISALS

Black Book, a division of Hearst Business Media that provides industry-leading used vehicle valuation and residual value forecast solutions, unveiled today its latest white paper, offering insight and best practices today’s online trade appraisal process during a vehicle transaction. The paper, titled: “Trade Appraisal: How to narrow the gap to close more deals”, can be viewed by clicking…

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Added by Black Book on August 4, 2017 at 10:22am — No Comments

Attribution: Do Auto Dealers Really Know What’s Happening?

Things have changed considerably with the state of marketing measurement and we wanted to know how dealers are adapting to new measurement tools like Multi-Touch Attribution. So, in April 2017, we decided to ask and surveyed approximately 120 dealers for our State of Automotive…

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Added by Steve White on August 4, 2017 at 9:48am — No Comments

Clarivoy’s 2017 Attribution Study Reveals What’s Really Going On With Auto Industry Marketing Measurement

Columbus, OH, August 2, 2017 -- Clarivoy, the auto industry’s most trusted source of truth for optimizing the performance of marketing campaigns, today announced the results of an …

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Added by Steve White on August 2, 2017 at 10:00am — No Comments

WILL INEQUITY/NEGATIVE EQUITY OF CUSTOMER VEHICLES HURT DEALERS LONG-TERM

Inequity/Negative equity of Customer trade-ins is an every day occurrence in Dealerships that I see today. I am starting to see deals stacking higher in F&I offices on rehashes particularly around the amount financed and term.

Is this a trend being seen nationwide by others where Dealers are asking for more money and longer terms and being rejected?

Are we heading for an inequity/negative equity perfect storm? If we keep pushing longer terms for a need of a…

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Added by Guy Manasse on August 2, 2017 at 9:48am — No Comments

Keep Going

As our company Fixed Performance enters into its 15th year helping dealerships improve their fixed operations as its founder I have to reminisce. I recall starting out without a single client and no recognition to having a wait list and traveling around on a private plane for my visits. Nobody in the car business can…

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Added by Rob Gehring on August 2, 2017 at 9:35am — No Comments

Auto/Mate Presents "Team, Meet Technology. Technology, Meet Team" in an Automotive News Webinar

Albany, N.Y. – July 31, 2017 – Auto/Mate Dealership Systems (http://www.automate.com) announced today that Mike Esposito, President and CEO of Auto/Mate, will be presenting a FREE Automotive News Power Training Webinar titled "Team, Meet Technology. Technology, Meet…

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Added by Mike Esposito on July 31, 2017 at 12:13pm — No Comments

Training New Hire to Impact the Bottom Line (video)

Click photo to play video.

Joe: It’s a pleasure to have on once again to CBT News, Sally Whitesell. She’s the founder and CEO of sw Service Solutions, and a recent speaker at the Women in Automotive Conference. Sally, we appreciate you taking the time. We know you are busy, you’re always on the road…

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Added by Sally Whitesell on July 28, 2017 at 6:20pm — No Comments

How to Accurately Measure and Track your Customer’s Full Journey

Creating an Attribution Infrastructure …

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Added by Steve White on July 28, 2017 at 9:30am — No Comments

5 Top Training Programs for Students Studying an Automotive Trade

Education is the process of facilitating learning. It is the acquisition of knowledge, skills, values, beliefs, and habits. Training is teaching or developing skills and knowledge that relate to specific useful competencies. Its particular goals are improving one's capability, capacity, productivity, and performance.…

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Added by Jennifer Lockman on July 27, 2017 at 12:02pm — No Comments

Communication: The Glue that Holds Teams Together

One very important thing some leaders fail to realize is that communication is the glue …

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Added by Bill Wittenmyer on July 27, 2017 at 9:39am — No Comments

SWAPALEASE.COM LEASE CREDIT APPROVALS REBOUND FROM PREVIOUS MONTH WITH MORE HEALTHY LEVELS

Swapalease.com, the nation’s largest car lease marketplace, reports car lease credit applicants registered a 68.8% approval rate during June, a significant rebound from May when only 48.1% were approved. The company saw less of an influx of shoppers applying for higher-end luxury leases, which often drives up non-approval rates.

 

So far year-to-date, 62.4% of transfer applicants have been…

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Added by John Sternal on July 27, 2017 at 9:30am — No Comments

Williams Texaco

When I was a kid growing up in Wooster Ohio, my father always fueled up his car at Williams Texaco. The station was right down the street from where we lived and it had service, I am willing to bet most dealerships would love to have. We would always be greeted at the pump promptly where they would wash our windshield,…

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Added by Rob Gehring on July 26, 2017 at 9:50am — No Comments

Jumpstart Automotive Media Wins 2 Awards of Distinction in the 23rd Annual Communicator Awards

Jumpstart has received two Awards of Distinction for its 2017 website design and 2016 – 2017 Insights Book from leading international awards program, the Communicator Awards.

With more than 6,000 entries received from across the U.S. and around the world, the Communicator Awards is…

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Added by John Sternal on July 25, 2017 at 2:43pm — No Comments

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