Crystal Hartwell's Blog – October 2024 Archive (3)

Kerrigan Advisors Represents Dallas, Texas-Based Cowboy Toyota Dealership in Sale to The CAR Group, the 4th Texas Toyota Franchise Represented by Kerrigan Advisors in the Last 18 Months

DALLAS, TX – October 22, 2024 – Kerrigan Advisors, the leading sell-side advisor and thought partner to auto dealers nationwide, represented Dallas, Texas-based Cowboy Toyota in the sale of its dealership to The CAR Group (also known as Norm Reeves), the 23rd largest US dealership group as ranked by Automotive News. This transaction represents Kerrigan Advisors’ fourth Texas Toyota franchise and 18th Texas franchise sold since May 2023. Kerrigan…

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Added by Crystal Hartwell on October 22, 2024 at 10:11am — No Comments

Majority of Auto Dealerships Not Fully Prepared for Next Cybersecurity Breach

 

New survey from eLEND Solutions shows 76% of dealerships today are less likely to want their DMS to handle the majority of sales and finance processes, and worry most about data breaches and phishing attacks, but lack adequate security assessments from vendor partners.



Foothill Ranch, Calif. – October 8, 2024 – The majority of auto dealerships are less likely to want their DMS to handle most of their sales and finance processes today than…

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Added by Crystal Hartwell on October 8, 2024 at 9:49am — No Comments

Credit Unions Cautiously Optimistic About Auto Finance Landscape, Expect Improvements Mid-2025

 

42% of credit unions report loan volume growth year-over-year, and 57% feel optimistic about rest of 2024, according to a new CULA survey, but uncertainties about presidential election and finance market pushing relief from liquidity and delinquency crises to 2025

 

San Diego, CA…

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Added by Crystal Hartwell on October 7, 2024 at 10:10am — No Comments

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