Crystal Hartwell's Blog (509)

Rising Dealership Real Estate Prices and Private Sector Spending Offset Slight Decline in Blue Sky Values, according to The Blue Sky Report® released by Kerrigan Advisors

 

Kerrigan Advisors report for Q1 2017 reveals robust dealership buy/sell activity in 2017 with dealership valuations remaining high, even as auto sales slow; private buyers dominate buy/sell market as publics focus on non-US acquisitions

 

Irvine, CA, June 5, 2017 – Buy/Sell auto dealership activity remains robust for…

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Added by Crystal Hartwell on June 5, 2017 at 11:05am — No Comments

PERQ Adds Kelley Blue Book to Data Providers; Increases Trade-in Leads by 3x

 

 

Addition of Kelley Blue Book’s trusted valuation data to FATWIN Web Engagement platform further increases engagement on trade-in tool

 

Indianapolis, IN – May 24, 2017 - PERQ, specialists in personalized, interactive web engagement technology, today announced that it has added Kelley Blue Book, one of the most trusted names in the auto industry, to its…

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Added by Crystal Hartwell on May 24, 2017 at 11:42am — No Comments

Procon Analytics Launches Suite of Connected Car Telematics Products and Services to Serve the Exploding Automotive Internet of Things (IoT) Industry

 

Pioneering auto technology leader Brian Boling returns as CEO to lead company’s international automotive IoT strategy

 

Irvine, CA – May 23, 2017  - Procon Analytics, a global leader in connected car telematics, today announced the rollout of a progressive new platform that powers a new suite of connected car products and services. The highly scalable platform has been…

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Added by Crystal Hartwell on May 23, 2017 at 2:01pm — No Comments

Reviver Appoints Allan Cooper as Chief Strategy Officer

Cooper brings decades of auto retailing innovation to fast-growing tech company that created the first-ever digital license plate 

San Francisco, CA - April 5, 2017 – Reviver, creator of the rPlate, the world’s first digital license plate, today announced that Allan Cooper has been appointed Chief Strategy Officer. Cooper brings over twenty-five years of automotive expertise to Reviver where he will work closely with…

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Added by Crystal Hartwell on April 5, 2017 at 12:29pm — No Comments

Buy/Sell Auto Dealership Activity Declined in 2016, but Record Activity Predicted for 2017 according to The Blue Sky Report® released by Kerrigan Advisors





Sellers coming back into market, improved valuations, private buyer demand for large acquisitions, advantageous market fluctuations and ‘Trump Bump’ driving optimism in buy/sell market; Ford, Chevrolet, Toyota, Honda and Subaru top buyer targets



Irvine, CA, March 22, 2017 – Buy/Sell auto dealership activity is set to rebound to record levels in 2017, according to The Blue Sky Report®, a Kerrigan Quarterly, which today released its analysis for the full…

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Added by Crystal Hartwell on March 23, 2017 at 11:20am — No Comments

Decluttering Dealership Websites Increases Profit, Data Collection and Click-throughs, According to PERQ Consumer Behavior Data

New data reveals key tips to clean up websites leading to 42% increase in CTRs, 15% profit lift, and a 5-fold increase in lead data

INDIANAPOLIS, IN - MARCH 13, 2017 - Decluttering dealership websites and focusing on targeted messaging and “personalized” Calls to Action (CTA) can significantly increase click-through rates, lead data collection, and, ultimately, dealership profits, according to consumer website data(1) analyzed by PERQ. PERQ, who are experts in website…

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Added by Crystal Hartwell on March 13, 2017 at 10:19am — No Comments

GUBAGOO CHATSMART RECEIVES DRIVINGSALES DEALER SATISFACTION AWARD

 

 

 Gubagoo/ChatSmart presented with Top Rated award for Dealer Satisfaction in Chat Tools and Services Category

 

New Orleans, LA January 27, 2017 – Gubagoo/ChatSmart is the recipient of a “Top Rated” Chat Tools and Services award in the eighth annual DrivingSales Dealer Satisfaction Awards. The awards,…

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Added by Crystal Hartwell on January 27, 2017 at 12:23pm — No Comments

Gubagoo Launches Call RESQ: Industry-First Real-Time Access with 24/7 Coverage

Gubagoos Call RESQ technology combines the best of TalkSmarts 24/7 service with the industry-best RESQ innovation for monitoring and management.

 

New Orleans, LAJanuary 27, 2017 – Gubagoo, the leading provider of dealer communications solutions, today launched Call RESQ at the National Automobile Dealers Association…

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Added by Crystal Hartwell on January 27, 2017 at 12:15pm — No Comments

NEW REPORT: Dealerships Say Mobile Devices Save Time, but Adoption Hampered by Resistance to Change

eLEND Solutions Mobile Adoption Survey shows 60% of responding dealers are not considering using tablets in either their Sales or F&I departments.

New Orleans, LA – January 27, 2016 – Mobile devices can speed up a transaction process that the vast majority of dealerships say is too long, yet 60% of dealers not using them say they are not even considering adopting mobile tablets in their dealerships. Why? Cost and staff/management…

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Added by Crystal Hartwell on January 27, 2017 at 12:09pm — No Comments

Gubagoo Announces Web RESQ 2.0: Advanced Video Chat Capability and Deeper Facebook Integration

Gubagoos Web RESQ 2.0 is powerful new technology that enables advanced live or recorded video capability, as well as deeper Facebook integration for more traffic and better leads

 

New Orleans, LA -  January 26, 2017 – Gubagoo, the leading provider of dealer communications solutions today, at the National Automobile Dealers Association conference in New Orleans,…

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Added by Crystal Hartwell on January 26, 2017 at 12:29pm — 1 Comment

AutoID® Automates Online Lead Attribution, Providing Cross-Domain Mapping of Complete Customer Journey

 

New, easy-to-implement analytics give dealers a complete, real-time picture of lead attribution and digital marketing ROI from one platform, identifying lead sources as well as hot prospects, sending alerts when a prospect visits a competitors website

 

New Orleans, LA January 26, 2017 AutoID announces AI℠, the first web analytics tool that…

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Added by Crystal Hartwell on January 26, 2017 at 11:47am — 1 Comment

Nearly Half a Million Mishandled Phone Customers Recovered for Auto Dealers by CallSource in 2016

 

CallSource clients have increased call-to-appointment ratios by 20% YOY; effective lost call recapture, strong analytics and training driving increases

 

Westlake Village, CA January 26, 2017 CallSource, pioneers of award-winning solutions to help dealerships track, analyze and improve incoming call performance, has helped auto…

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Added by Crystal Hartwell on January 26, 2017 at 11:38am — No Comments

Reviver, Creator of World’s First Digital License Plate, Secures Series A Funding

Round Co-Led by WRV and ACK Group; BOD to include John W. Thompson, chairman of Microsoft, and Nicholas Brathwaite, Managing Partner of WRV

 

San Francisco, CA - January 26, 2017 – Reviver, creator of the rPlate, the world’s first digital license plate, has secured $6.8 million during a Series A round. The funding round was co-led by WRV and Australian-based ACK…

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Added by Crystal Hartwell on January 26, 2017 at 10:11am — No Comments

New Data from PERQ Indicates Significant Lag Time Between ‘Ready-to-Buy’ Consumers on Dealership Websites and Actual Purchase

 

Data analyzed from over 45,000 consumer profiles offers key insights into digital consumer purchase cycle and shopping behaviors 

 

Indianapolis, IN – January 25, 2017 - New consumer data gathered and analyzed by PERQ shows a significant lag between the time consumers submit an online vehicle appraisal and the time the actual purchase takes place, in…

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Added by Crystal Hartwell on January 25, 2017 at 11:19am — No Comments

PERQ Partners with AutoHook to Increase Website Conversion for Dealers

This partnership includes the integration of PERQ’S high-engaging FATWIN platform with AutoHook’s high-converting incentive solutions and sales match attribution data, powered by Urban Science.

 

Indianapolis, IN – January 18, 2017  - AutoHook, powered by Urban Science has partnered with PERQ, specialists in personalized, interactive web engagement…

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Added by Crystal Hartwell on January 18, 2017 at 10:19am — No Comments

Kerrigan Advisors Represents Edmark Superstore in its Sale to Kendall Auto Group

 

Edmark is one of the highest volume selling dealerships in Idaho for past three years

 

Irvine, CA, January 17, 2017 – Kerrigan Advisors, the leading sell-side advisory firm to auto dealers in the US, represented and advised Edmark Superstore, one of Idaho's highest volume selling dealerships, in its sale to Kendall Auto Group.  The Edmark Superstore is co-owned by David…

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Added by Crystal Hartwell on January 17, 2017 at 6:12pm — No Comments

First-Ever Interactive Digital License Plate Debuts at Detroit Auto Show’s Automobili-D

Reviver reinvents the 125-year-old metal plate as an Internet of Things, connected car platform; rPlate™ hits the road in California, Florida, Arizona and Texas in 2017, other states to follow

 

Detroit, MI - January 9, 2017 – The first-ever, interactive digital license plate debuts today at the North American International Auto Show (NAIAS) in Detroit during Automobili-D, a new event showcasing…

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Added by Crystal Hartwell on January 9, 2017 at 9:19am — No Comments

Kerrigan Advisors Represents Ron Tonkin Dealerships in Sale to Gee Automotive Companies

Tonkin is the third Top 100 Dealership Group sold by Kerrigan Advisors in the last 12 months

 

Irvine, CA, December 19, 2016 – Kerrigan Advisors, the leading sell-side advisory firm to auto dealers in the US, represented and advised the Ron Tonkin Dealerships, Portland's largest auto dealership group, in its sale to Gee Automotive Companies.  This transaction will create one of the nation’s top 50…

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Added by Crystal Hartwell on December 19, 2016 at 6:58pm — No Comments

Auto Retail Index Up 11.66% in Wake of Election

Kerrigan Auto Retail Index indicates auto retail stocks reacting positively to Trump election, outperforming S&P by 240.9%

 

Irvine, CA, December 1, 2016 – Kerrigan Advisors today announced that The Kerrigan Auto Retail Index was up 11.66% in the month of November, significantly outperforming the broader S&P 500 Index by 240.9%.  With no earnings announcements or other major industry events, The…

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Added by Crystal Hartwell on December 1, 2016 at 10:16am — No Comments

New Report: In-Dealership Transaction Times Improving, But Most Dealers Believe They Should Be Shorter

Unengaged wait time in the dealership outpaced negotiation as the biggest consumer pain point in the car buying process, according to eLEND Solutions 2016 Dealer Survey

 

Foothill Ranch, CA –November 29, 2016 – For the third year in a row, a survey of auto dealers, fielded by eLEND Solutions™, shows a distinct disconnect between actual start-to-finish transaction times and what dealers believe is the “ideal” time consumers should spend in a…

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Added by Crystal Hartwell on November 29, 2016 at 11:23am — No Comments

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