Sale of three dealerships in Utah, the second fastest growing state in the US and a top auto retail market, marks Kerrigan Advisors’ 294th dealership sold nationwide
Salt Lake City, UT – June 30, 2025 – Kerrigan Advisors, the premier sell-side advisor and thought partner to…
ContinueAdded by Crystal Hartwell on June 30, 2025 at 2:37am — No Comments
Added by John Sternal on June 25, 2025 at 2:52pm — No Comments
The automotive dealership model is facing yet another modernization opportunity—this time driven by artificial intelligence, specifically generative AI and GPT-style technologies. These tools, which allow users to query complex data systems using natural language and automate time consuming repetitive tasks, are increasingly being explored across commercial vehicle operations for their potential to increase efficiency, simplify analysis, and improve…
ContinueAdded by John Sternal on June 19, 2025 at 2:39pm — No Comments
As economic uncertainty continues to weigh on consumers, vehicle affordability continues today as a driving issue in the auto retail sector. High interest rates, lingering inflation, and constrained supply chains have converged to create a complex marketplace—one where both consumers and dealers are navigating a delicate balancing act between price sensitivity and profit margins.
In response, dealers are looking to leverage AI and machine learning as a strategic tool to maintain…
ContinueAdded by John Sternal on June 11, 2025 at 11:00am — No Comments
Today’s auto dealerships are constantly seeking innovative ways to differentiate themselves and enhance their profitability. One such opportunity lies in the strategic use of limited warranties, not just as a vehicle sales tool, but as a cornerstone of a sophisticated wealth-building program.
While the utilization of limited warranties has become commoditized, integrating these warranties into a comprehensive reinsurance or DOWC strategy can provide significant financial…
ContinueAdded by John Sternal on June 4, 2025 at 9:33am — No Comments
The automotive dealership model is constantly facing change, especially in the types of vehicles retailers can service. In particular, as the commercial vehicle market shifts toward opportunities for electrification within their vehicle fleets, local dealerships are being called upon to do more than sell vehicles. They must become strategic partners in their customers’ sustainability journeys – for both passenger vehicles and that of fleet customers. This reimagination of business…
ContinueAdded by John Sternal on June 3, 2025 at 1:10pm — No Comments
With today’s “always connected” digital economy, identity is currency. For the automotive industry—spanning rentals, dealerships, insurance providers, and financing institutions—that currency is increasingly being challenged. The numbers are staggering with U.S. auto lenders facing an estimated $9.2 billion in fraud loss exposure. ¹ This surge in identity-based fraud is not only draining revenue but also undermining trust and operational integrity across the industry.
At the heart of…
ContinueAdded by John Sternal on June 3, 2025 at 1:07pm — No Comments
The automotive retail industry is experiencing a fundamental modernization. While much of the conversation has centered around electrification and digital retailing, another powerful force is quietly changing the way dealerships operate—intelligent machines. Often associated solely with sales or advertising automation, machines are increasingly being used to optimize back-end dealership strategies in areas like inventory allocation, pricing, merchandising, and aged inventory…
ContinueAdded by John Sternal on June 3, 2025 at 12:54pm — No Comments
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