October 2022 Blog Posts (8)

WOLTERS KLUWER THIRD QUARTER AUTO FINANCE DIGITAL TRANSFORMATION INDEX ILLUSTRATES ADDITIONAL GROWTH TO DIGITAL

WOLTERS KLUWER THIRD QUARTER AUTO FINANCE DIGITAL TRANSFORMATION INDEX ILLUSTRATES ADDITIONAL GROWTH TO DIGITAL

 

Digital adoption and conversion of back-office processes from paper to digital has continued this year, despite slowing auto sales compared to last year

 

 

NEW YORK – October 25, 2022 – Wolters Kluwer, a global leader in professional information, software solutions and services, announced third quarter…

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Added by John Sternal on October 25, 2022 at 9:51am — No Comments

Dealer Image Pro™ Integrates with Rapid Recon™ Improving Time to Market for Automotive Dealership Reconditioned Vehicles

Dealers Can Now Get Reconditioned Vehicles Frontline-Ready Faster & Boost Sales 

SACRAMENTO, CA (October 25, 2022) – Dealer Image Pro, a leader in professional photo, video, and interactive 360º software for automotive dealerships, announced today it has integrated its …

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Added by John Sternal on October 25, 2022 at 9:00am — No Comments

Dealers Report Dramatic Increase in Identity Fraud: Most Lack Effective Protection

Identity fraud has increased at 84% of dealerships, with 60% losing three or more vehicles in the last year; dealers blame increasing digitization of deal, but only one-third report adequate fraud protections, according to new eLEND Solutions survey of auto dealerships

 

Foothill Ranch, Calif., October 25, 2022 –…

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Added by Crystal Hartwell on October 25, 2022 at 6:13am — No Comments

How lenders can unlock new customers using a cloud based digitized auto lending process for income & employment verification

In a recent survey1, nearly 40% of dealers said they still are not investing in more digital resources for their retail and lending processes. Of these groups, approximately 31% said they don’t have the resources to invest more, 40% said they do not feel comfortable with the…

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Added by John Sternal on October 24, 2022 at 11:53am — No Comments

Don’t let stubborn economic beliefs drive your advertising strategy this time

As the government tries to put a lid on inflation through rising interest rates, many inside the auto industry are torn between the blinders of high consumer demand and the ‘what if’ of a slowing economy right around the corner.

 

Even as consumer spending has cooled slightly, car shoppers have continued to parade through dealership lots keeping vehicle…

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Added by John Sternal on October 24, 2022 at 11:51am — No Comments

Kerrigan Advisors Represents Baxter Automotive Group in Sale of Four Nebraska Dealerships

Transaction marks the 166th transaction led by Kerrigan Advisors since 2015, and their 6th multi-dealership sale in 2022

 

Incline Village, NV – October 20, 2022– – Kerrigan Advisors, the premier sell-side advisor and thought partner to auto dealers nationwide, represented Baxter Automotive Group in its sale of four Chrysler Dodge Jeep Ram dealerships (CDJR): Baxter of Omaha, Baxter of Papillion, Baxter of Bellevue, Baxter of Lincoln. The…

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Added by Crystal Hartwell on October 20, 2022 at 8:21am — No Comments

Kerrigan Advisors Represents Sun Motor Cars of Chicago in Sale of Mercedes-Benz and Sprinter Dealerships in Chicago

Fields Auto Group acquires coveted luxury dealerships; sale marks the 161st and 162nd Kerrigan-led dealership sale since 2015, and fifth multi-dealership transaction in 2022

Incline Village, NV – October 19, 2022 – Kerrigan Advisors, the premier sell-side advisory firm to auto dealers in the US, represented and advised Sun Motor Cars of Chicago, owned by Daniel Sunderland and David Nocera on the sale of Mercedes-Benz &…

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Added by Crystal Hartwell on October 19, 2022 at 11:15am — No Comments

InteractiveTel Acquires Assets of VoIP Provider TruMobility

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Added by DealerELITE on October 7, 2022 at 1:00pm — No Comments

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