Sale of Nick Alexander BMW to Car Pros Automotive Group includes MINI and Collision Center, and represents the 201st & 202nd dealership, 50th top luxury franchise sale led by Kerrigan Advisors since…
ContinueAdded by Crystal Hartwell on August 28, 2023 at 8:43am — No Comments
New dealerships will be rebranded to BMW of Downtown LA and MINI of Downtown LA; the sale represents the first step into luxury brands for Car Pros
RENTON, WA – August 24, 2023 – Car Pros Automotive Group announced today that it has acquired two dealerships from Los Angeles-based Nick Alexander Imports,…
ContinueAdded by Crystal Hartwell on August 24, 2023 at 3:58pm — No Comments
Here’s a quick animated short which lays out exactly what Phone Ninjas does and how they do it! Click HERE to learn more!
Also, for dealerELITE members only for the month of August, claim two free, no-obligation Mystery Shops by clicking HERE. Find out how your team is…
ContinueAdded by DealerELITE on August 24, 2023 at 2:00pm — No Comments
In the dynamic and competitive world of automotive dealerships, success extends beyond sales numbers and revenue figures. A crucial factor that can significantly impact a dealership's overall success is its work culture. A positive work environment not only enhances employee satisfaction and retention but also plays a pivotal role in driving…
ContinueAdded by Michael DePeazer on August 23, 2023 at 3:21pm — No Comments
Hello,
I think you may find this post useful! 2 month access to a new appraisal tool for free. For any dealer. Vehicle history reports included as well. Check it out.
Added by Alice Coleman on August 23, 2023 at 2:37pm — No Comments
HUNT VALLEY, MD, AUGUST 22, 2023 – Armatus Dealer Uplift, the industry leader in retail warranty reimbursement submissions, has developed yet another tool to help new car dealers improve their customer-pay parts and labor rates, which in turn translates into higher warranty rates.
S.W.A.T., Statutory Warranty Analysis Tool, is an interactive, one-of-a-kind tool that provides unique insights into dealership operations. Using dealership data, an Armatus Specialist puts S.W.A.T. to work…
ContinueAdded by Linda Snyder on August 23, 2023 at 1:57pm — No Comments
Sale of seven dealerships underscores strong buyer demand for growth markets like South Carolina, one of the top 10 markets requested in Kerrigan Advisors’ proprietary Buyer Database
Greeneville, SC – August 23, 2023 – Kerrigan Advisors, the premier sell-side advisor and thought partner to auto dealers nationwide, represented Greenville, South Carolina-based MCE Automotive Group, owned and operated by the Escude family, in…
ContinueAdded by Crystal Hartwell on August 23, 2023 at 12:46pm — No Comments
As July marked Right to Repair Awareness Month in the automotive aftermarket, there hasn’t been a better time than now to spread awareness about the importance of preserving Americans’ right to repair their vehicles, especially as congress continues to debate the necessity of the federal Right to Equitable and Professional Auto Industry Repair (REPAIR)…
ContinueAdded by John Sternal on August 11, 2023 at 3:30pm — No Comments
The automotive industry has seen remarkable advancements over the years, and the realm of finance and insurance (F&I) is no exception. As technology…
Added by Michael DePeazer on August 9, 2023 at 1:50pm — No Comments
National sales leader and a top 10 auto group has had record sales for each month in 2023, with its best month ever set in July 2023, retailing a total of 2,633 new and used vehicles
RENTON, WA – August 9, 2023 – Car Pros Automotive Group, one of the fastest growing automotive…
ContinueAdded by Crystal Hartwell on August 9, 2023 at 12:51pm — No Comments
Added by Richard Nimphie on August 7, 2023 at 2:33pm — No Comments
New survey from Kerrigan Advisors reveals that OEMs are looking at a new normal when it comes to dealership profitability, lower inventory levels and more OEM involvement in pricing; 68% expect some form of non-negotiable pricing to be part of future EV retail model
Incline Village, NV – August 7, 2023 – Dealership new vehicle gross margins to remain above pre-Covid levels say 90% of automotive OEMS, according to the just-released annual…
ContinueAdded by Crystal Hartwell on August 7, 2023 at 1:47pm — No Comments
In the world of finance and insurance (F&I) within the automotive industry, challenges are inevitable. F&I managers often face objections from customers who are concerned about the financial aspects of purchasing a vehicle. These objections can range from concerns…
Added by Michael DePeazer on August 3, 2023 at 2:50pm — No Comments
WOLTERS KLUWER SECOND QUARTER AUTO FINANCE DIGITAL TRANSFORMATION INDEX SHOWS DIGITAL ADOPTION RATE UP SLIGHTLY
Budgetary Pressures Setting In for Digital Adoption; Lenders Realizing Importance of Digitizing the Entire Transaction Process
NEW YORK – August 2, 2023 – Wolters Kluwer, a global leader in professional information, software solutions and services, announced second quarter results and analysis from its Auto…
ContinueAdded by John Sternal on August 2, 2023 at 2:40pm — No Comments
Welcome to EpicVIN! As the leading provider of comprehensive vehicle history reports, we are dedicated to supporting dealers in the competitive automotive market. Our mission is to provide innovative solutions that empower dealers to make informed decisions and overcome challenges.
Dealers face constant pressure to meet customer expectations…
ContinueAdded by Alice Coleman on August 1, 2023 at 11:00am — No Comments
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