CDK Global Award recognizes Jones as an outstanding female leader in the automotive industry

RENTON, WA – March 19, 2024 – Car Pros Automotive Group today announced that CFO Shirley Jones has been recognized with a 2024 “Women Paving the Way” award from CDK…

In a challenging auto finance environment, CULA grew its portfolio as well as Credit Union and Dealer Partners, while expanding national footprint

San Diego, CA – February 29, 2024 – Credit Union Leasing of America (CULA) experienced double-digit growth in its portfolio, credit union and dealer partners in 2023, even in the face of a challenging auto finance environment, the company announced today. CULA drove 24% growth in credit…

Transaction expands Group 1’s presence in the Washington-Baltimore metropolitan region; represents Kerrigan Advisors’ 50^th franchise sold in the Mid-Atlantic since 2020, making the firm the undisputed leader in dealership sell-side advisory in the region

COLLEGE PARK, MD – February 13, 2024 –…

Dealership ranked #6 in California for 2023; #24 in the nation, up from #40 in 2022

RENTON, WA – February 1, 2024 – Car Pros Automotive Group, one of the fastest growing automotive groups in the United States, announced today that Car Pros Honda El Monte delivered its best year ever selling 3,242 new Hondas,…

CUs show some optimism for the 2024 auto finance market, predicting an easing of extended loan terms and interest rates dropping, according to a new CULA survey; most CUs plan to leverage the benefits of auto dealer relationships by increasing them in 2024

San Diego, CA…

New survey from eLEND Solutions underscores challenges of delivering accurate online payment quotes, including reduced lender transparency, mismatched desking/lender decisions, consumer-provided credit scores, all of which results in anything but ‘penny-perfect’ payment quotes

Foothill Ranch, Calif. – January 31, 2024 – A new snapshot survey of auto dealers and lenders, from automotive fintech innovator eLEND Solutions,…

Car Pros new Kia sales reached 15,595 in 2023, bringing lifetime sales to 177,418; Car Pros Kia Glendale #1 in the nation

RENTON, WA – January 31, 2024 – Car Pros Automotive Group, a leading automotive sales and service group, announced today that 2023 was its best year ever in new Kia sales, setting a record and selling a total of 15,595 vehicles, up nearly 10% year-over-year. Car Pros Kia Glendale finished #1 in the nation with 6,549 new Kias sold.…

Sale of Jim Price’s flagship Chevrolet franchise, one of the industry’s strongest domestic brands, is final and third sale for the Virginia-based auto group, all represented by Kerrigan Advisors -- and the 23^rd franchise sale in Virginia for Kerrigan Advisors since 2020

Charlottesville, VA – January 9, 2024 – Kerrigan Advisors, the premier sell-side advisor and thought partner to auto dealers nationwide, represented Charlottesville,…

The leader in indirect vehicle leasing for credit unions further broadens its reach in the western U.S. as it partners with the tenth largest credit union in the U.S.

San Diego, CA & Sandy, UT – January 9, 2024 – Credit Union Leasing of America (CULA), the leader in indirect vehicle leasing for credit unions for over 30 years, today announced that it has been selected by Utah-based Mountain…

Dealership buy/sells increased 11% YoY, with trailing twelve-month transactions surpassing 2021’s prior peak, according to the Third Quarter 2023 Blue Sky Report^® by Kerrigan Advisors; consolidation sparked by the pandemic has yet to abate, blue sky values remain high and acquisition growth, fueled by tremendous access to capital from operations, remains impervious to interest rates

Incline Village, NV – December 18,…

Event raised over $875,000 for the GSBA Scholarship & Education Fund; new Car Pros Workforce Development Scholarship established

RENTON, WA – December 4, 2023 – Car Pros, a leading automotive sales and service group headquartered in Washington, was the title sponsor of the GSBA’s EQUALUX 2023, the largest LGBTQ+ and friends gala in the Pacific Northwest. The gala raised over $875,000 for…

The leader in indirect vehicle leasing for credit unions partners with New York-based credit union to expand its reach in the northeastern U.S.

San Diego, CA & Corning, NY – November 28, 2023 – Credit Union Leasing of America (CULA) today announced that it has been selected by New York-based First Heritage Federal Credit Union to bring the affordability and flexibility of vehicle leasing to its more than 45,000 members. The partnership further…

Transaction highlights desirability of single point luxury, import franchises in middle market locations such as Fresno; Transaction marks Kerrigan Advisors’ 52^nd top luxury franchise sold

INCLINE VILLAGE, NV – November 13, 2023 – Kerrigan Advisors, the premier sell-side advisor and thought partner to auto dealers nationwide, represented Fresno, California-based Haron Motor Sales in the sale of Haron Jaguar, Land Rover and Volvo…

Sale of Kia and Hyundai franchises, two of the industry’s strongest non-luxury import brands, in high-growth Charlottesville area, represents 208^th dealership sale completed by Kerrigan Advisors

Charlottesville, VA – November 8, 2023 – Kerrigan Advisors, the premier sell-side advisor and thought partner to auto dealers nationwide, represented Charlottesville, Virginia-based Jim Price Auto Group in the sale of Jim…

 In spite of a generally positive outlook, more dealers expect valuations and profits to decline than in 2023; Kia projected to have highest valuation increase, while Toyota is the franchise most trusted by dealers, according to the recently released 2023 Kerrigan Dealer Survey

Incline Village, NV – November 6, 2023 – Auto dealers remain generally positive about the valuation of their dealerships over the…

Sale underscores buyer demand for high growth markets; represents 207^th dealership sold by Kerrigan Advisors, the leading buy/sell advisor in Phoenix 

PHOENIX, AZ – October 31, 2023 – Kerrigan Advisors, the premier sell-side advisor and thought partner to auto dealers nationwide, represented Mesa, Arizona-based East Valley Nissan, owned and operated by Greg Burk, in its sale to Phoenix, Arizona-based Courtesy Automotive Group.…

Sale of auto retail’s most in-demand franchise represents the 206^th dealership sold by Kerrigan Advisors since 2015; transaction demonstrates that buyers continue to exhibit tremendous interest in leading franchises in high-growth markets

TAMPA, FL–October 25, 2023 – Kerrigan Advisors, the premier sell-side advisor and thought partner to auto dealers nationwide, represented Tampa, Florida-based Stadium Toyota, owned by the Parks and Couey…

Program recognizes individuals that champion diversity, equity and inclusion in the automotive industry

RENTON, WA – October 17, 2023 – Matthew Phillips, CEO of Car Pros Automotive Group, has been named a 2023 Automotive News Notable Champion of Diversity. Phillips is featured in a special…

New, state-of-the art facility for the #1 Kia dealership in Orange County, CA, was unveiled at a ribbon-cutting ceremony; local dignitaries and Kia executives attended

RENTON, WA – October 12, 2023 – Car Pros, a leading automotive sales and service group, has opened its new,…

Lack of pricing transparency from lenders complicates dealer efforts to bridge the trust and transparency gap with consumers, according to new eLEND Solutions survey

FOOTHILL RANCH, CA – October 11, 2023 – A new survey of auto dealers from…