Most of the trucks like tanker trucks, trailer trucks, load trucks, and lots more run on a diesel engine. So, when compared to other vehicles, the trucks bear heavy loads, and hence there are many chances that the trucks might get breakage in the parts at any time.…

PALO ALTO, CA, November 12, 2020 — At next week’s series of virtual on-demand workshops at Used Car Week’s Pre-Owned Con, Curtis Sampson, New Business Manager for Rapid Recon, will show dealers how to apply sports "Game Film" analysis techniques to used car reconditioning. 

His on-demand workshop, Film Time: the Best…

Sale of Midtown Toyota in Chicago marks the 22^nd Kerrigan Advisors-led transaction in Chicago since 2018

Incline Village, Nevada, November 12, 2020 – Kerrigan Advisors, a leading sell-side advisory firm to auto dealers in the U.S., represented and advised Illinois-based Resnick Auto Group on its recent sale of Midtown Toyota in Chicago to Michigan-based Victory Automotive Group. The transaction is the 11^th Toyota…

Lithia Motors acquires nine Keyes Automotive Group dealerships in one of the industry’s largest transactions; 7^th 'Top 150' Dealership Group sale for Kerrigan Advisors

Irvine, CA, November 10, 2020 – Kerrigan Advisors, a leading sell-side advisory firm to auto dealers in the U.S., represented and advised Los Angeles-based Keyes Automotive Group on its recent sale of nine dealerships to Lithia Motors, Inc. (NYSE: LAD).  Keyes…

The traditional dealership business model is increasingly sharing space with a digital customer experience. A BDC can help dealers adapt and excel during this period of change. Three big trends highlight this new way of doing business:  

• Online lead volume is up dramatically as people continue to choose touch less research and shopping.
• Dealership employee numbers are down as dealers cut costs and shift more…

How and Why to Make Your CPA Your Most Important Relationship

A store may be missing over $200,000. Or $745,000. Or as much as $4.1 million. These are all real amounts embezzled from dealerships by…

We’re back with another video in our series, Quality of Life!

Bringing you up to speed, we’ve been hearing all about the Five…

If you don't train your salespeople right, or train them at all, then this can not be achieved...  Most Dealerships don't have any kind of training set up for salespeople.  They just throw them to the wolves and hope they sell something.... 

Training doesn't have to be Expensive, you just need to train and be consistent... get involved, get active, BUT TRAIN...…

What's at the core of your creativity? Jim and Chris break down barriers in Episode 5 of Season 2.…

A junk signifies removing of undesirable things. Scrap car removal includes junk cars removal. There are a few things to recollect prior to going before scrap measure. There are numerous ways for managing this removal cycle and there are various companies managing scrap cars. 

To start with, merchant needs to discover what he precisely needs to execute. Dealer at first needs to talk with a…

PALO ALTO, CA, November 3, 2020 — The Next Rapid Recon, the time-to-line efficiency standard in dealership reconditioning software, has announced a robust new feature upgrade: Vendor Advantage.

Vendor Advantage is a no-charge enhancement to Rapid Recon time-to-line (T2L®) reconditioning workflow software for current and new Rapid Recon…

We want you to be profitable and proud of what you do. We want you to have all the success that you deserve. We want you to know that it’s possible for you! That’s exactly why we started the video series,…

In last week’s video from the series, Quality of Life, we began to learn more about CONSISTENCY…

This powerful, three part, video series, explains why your great idea has not become the norm in your department or dealership. Retail Automotive Coaches Mark and Mike share what works and doesn't work when it comes to implementing change.

Click Here: It Doesn't Take a Genius 25…

Find alignment in creativity and compliance with our guest, Kori Lott, in Episode 4 of Season 2!

#compliance #creativity …

It is not too long that Tesla took about 400,000 reservations for its highly proclaimed Tesla 3. The world recently witnessed this model's first look when Tesla, Elon Musk, became the first production owner. It is just a matter of time that this automobile industry is changing the game and started to roll the production line, and if you are one of them among those 400,000 who are willing to buy Tesla 3 model, here are some points to need to know.…

2020 has been an unexpectedly challenging year for dealers. The coronavirus continues to affect nearly every facet of our business.

But whatever the timeframe, at some point we will return to a sense of normalcy. Finishing the year strong is key to ensuring your dealership will be able to hit the ground running, no matter what 2021 brings.

 …

By Bradley Orr

I started my career in the car business selling Oldsmobiles. Since then, I have managed used cars, reconditioning and sales — and I was also a wholesale dealer. I’d like to believe I know the business’s challenges.

One challenge every dealer faces is making prudent decisions — often quickly.

A…

PALO ALTO, CA, October 23, 2020 – The Next Rapid Recon, the efficiency standard in reconditioning time-to-line workflow software,  announced today several efficiency and usability advances enhancing the user experience.

This User Interface (UI) advancement makes the Next Rapid Recon the most robust and advanced dealership software system for improving reconditioning time to line (T2L®), speed to sale and used car…

Sale of Continental Acura, Continental Audi and Continental Mazda dealerships highlights the strength of the buy/sell market, marks 93^rd Kerrigan Advisors-led dealership sale since 2015

Irvine, CA, October 26, 2020 – Kerrigan Advisors, a leading sell-side advisory firm to auto dealers in the U.S., represented and advised Continental Motors of Naperville on its recent sale of Continental Acura, Continental Audi, and Continental…