According to The Blue Sky Report® by Kerrigan Advisors, buy/sell market expected to finish at 2018 levels; average dealership earnings annualizing to 9.3% increase, on pace to reach 2015 peak profit level of $1.5M
Irvine, CA – December 16, 2019 – The 2019 auto dealership buy/sell market picked up speed during the third quarter and is now poised to register another 200+ transaction year in 2019 – meeting or exceeding 2018…
ContinueAdded by Crystal Hartwell on December 16, 2019 at 11:00am — No Comments
Bredemann Lexus sold to Fields Automotive Group
Irvine, CA, November 25, 2019 – Kerrigan Advisors, one of the leading sell-side advisory firms to auto dealers in the US, represented and advised Bredemann Lexus, located in Glenview, Illinois in its sale on November 18, 2019. The buyer is Glencoe, Illinois-based Fields Automotive Group, ranked number 27 in Automotive News’ Top 150 Dealership Group List. Opened in 1990,…
ContinueAdded by Crystal Hartwell on November 25, 2019 at 9:39am — No Comments
El Monte Honda sold to Car Pros Automotive Group
Irvine, CA., Tuesday, November 20, 2019 – Kerrigan Advisors, the leading sell-side advisory firm to auto dealers in the US, represented and advised on the sale of Los Angeles County-based El Monte Honda, owned by Steve Nelson and business partners, to Washington-based Car Pros Automotive Group. This is the first Honda dealership for Car Pros, a west coast-based…
ContinueAdded by Crystal Hartwell on November 20, 2019 at 10:36am — No Comments
86% of dealers expect dealership values to increase or remain the same over the next 12 months according to the first-ever Kerrigan Advisors Dealer Survey
Irvine, CA, October 21, 2019 – Kerrigan Advisors, the leading sell-side advisor and thought partner to auto dealers in the U.S., today released results from its first annual dealer survey. The firm’s first-ever…
ContinueAdded by Crystal Hartwell on October 21, 2019 at 9:37am — No Comments
Longtime area dealer sells successful dealership to Maroone USA, Serra Automotive and Pat Grooms
Irvine, CA, October 2, 2019 – Kerrigan Advisors, a leading sell-side advisory firm to auto dealers in the U.S., represented and advised owner Mike Peebles in his recent sale of Longmont Ford, one of the most successful Ford stores in the Metro Denver area. The buyers are a partnership between Maroone USA, owned by Mike Maroone, former…
ContinueAdded by Crystal Hartwell on October 2, 2019 at 9:58am — No Comments
New case study shows how Reed-Lallier Chevrolet leveraged this one-of-a-kind CPO program to increase used vehicle sales 30% YOY as local market saw declines[1]
Los Angeles, CA – September 18, 2019 – SureSale Certified today released a new case study conducted with North Carolina’s Reed-Lallier Chevrolet that offers a compelling snapshot of…
ContinueAdded by Crystal Hartwell on September 18, 2019 at 12:10pm — No Comments
Buy/sell market continues strong year with 49 completed transactions in Q2 2019; global trade war brings investors to market; dealership business model proves resilience with increased gross profit, according to Q2 2019 The Blue Sky Report® by Kerrigan Advisors
Irvine, CA –September 9th, 2019 – The 2019 auto dealership buy/sell market stayed steady and on course for yet another 200+ transaction year in…
ContinueAdded by Crystal Hartwell on September 9, 2019 at 10:01am — No Comments
Print and broadcast media campaign supports SureSale’s transparent buying experience for quality used vehicles; Louisville is premiere market with others to follow
Los Angeles, CA –August 12, 2019 – SureSale Certified, the gold standard for quality used vehicles and purchase protection today announced the launch of a new multi-channel advertising campaign centered around SureSale’s new brand ambassador…
ContinueAdded by Crystal Hartwell on August 12, 2019 at 1:04pm — No Comments
SureSale enters the Louisville market with certified used vehicle program that offers consumers peace of mind and auto dealerships a turnkey vehicle certification program, including a free CAReport, 150-point inspection, 5-month, 5,000-mile warranty, and a 5-day exchange guarantee
Los Angeles, CA – July 15, 2019…
Added by Crystal Hartwell on July 15, 2019 at 3:26pm — No Comments
New 'Seamless Lease Connection' from Credit Union Leasing of America streamlines the lease management process for credit unions and enhances the member experience
SAN DIEGO, July 9, 2019 -- Credit Union Leasing of America (CULA), the leader in enabling credit unions to leverage the $64.6 billion U.S.(1) vehicle leasing market, announces the launch of a redesign to their proprietary lease management system,…
Added by Crystal Hartwell on July 9, 2019 at 2:21pm — No Comments
Buy/sell market shows strong 2019 start with 54 completed transactions in Q1 2019, in spite of new vehicle sales slowdown; stability of dealership profitability and increase in sellers to market contributes to robust transaction activity; peaking real estate values and industry debt levels spike market risk, according to The Blue Sky Report® released by Kerrigan Advisors.
Irvine, CA – June 6, 2019 – The 2019 auto…
ContinueAdded by Crystal Hartwell on June 6, 2019 at 11:00am — No Comments
Reviver demonstrates its award winning Rplate at Connected Car Corner, by InstallerNet, in San Francisco; Reviver also announced that the Rplate is the winner of a Best New Product Award from the 2019 American Business Awards
Foster City, CA – May 20, 2019 – Reviver’s Rplate, the world’s first digital license plate, will showcase its award-winning…
Added by Crystal Hartwell on May 20, 2019 at 10:39am — No Comments
Reviver’s Rplate receives award at 8th International Smart City Expo in Dubai
Foster City, CA – April 1, 2019 – Reviver, creator of the Rplate, the world’s first digital license plate platform, has been selected as a global leader for Smart License Plates and received the award for Best Smart Transportation Solution at the 8th International Smart City Expo in Dubai, UAE. The 2019 Smart City…
ContinueAdded by Crystal Hartwell on April 1, 2019 at 2:18pm — No Comments
2018 transactions increased 6.9% year over year, including record number of multi-dealership transactions; in spite of auto sales downturn, 2019 acquisition market will be robust, with real estate valuations high and private investors seeing key value in Fixed Ops profit centers and improved retail efficiencies, according to The Blue Sky Report® released by Kerrigan…
ContinueAdded by Crystal Hartwell on March 19, 2019 at 11:57am — No Comments
Irvine, CA, -- February 26, 2019 – Kerrigan Advisors, the leading buy/sell advisor to auto dealers in the US, represented and advised Minnesota-based Village Automotive Group in its sale of Lexus of Wayzata, Lexus of Maplewood, and Village Chevrolet, to Chicago-based Ed Napleton Automotive Group, which operates more than 74 franchises in seven states and ranked #26 on Automotive News’ 2018 Top 150 Dealership Group…
ContinueAdded by Crystal Hartwell on February 26, 2019 at 10:30am — No Comments
IoT and wireless product design leader, WNC, enters a Joint Design and Manufacturing agreement with Reviver; partnership enables Reviver to meet increasing demand for the Rplate as it expands across the US and globally
Barcelona, Spain – February 25th, 2019 – Reviver, creator of the world’s first digital license plate platform, and Wistron NeWeb (WNC), global specialists in the design and development of cutting-edge communication products,…
ContinueAdded by Crystal Hartwell on February 25, 2019 at 2:44am — No Comments
HARMAN Connected Services collaborates with Reviver on globally scalable software for Rplate’s IoT platform, centered on enabling new safety and security benefits for consumers
Barcelona, Spain – February 25, 2019 – Reviver, creator of the Rplate, the world’s first digital license plate platform, and HARMAN, a wholly-owned subsidiary of Samsung Electronics Co. Ltd., focused on connected technologies…
ContinueAdded by Crystal Hartwell on February 25, 2019 at 2:41am — No Comments
Reviver establishes Middle East and North Africa headquarters in Dubai to extend reach of the Rplate, the world’s first digital license plate
Foster City, California – February 12, 2019 – Reviver, creator of the world’s first digital license plate platform, SEED Group, and The Private Office of Sheikh Saeed bin Ahmed Al Maktoum, today announced that they have formed a strategic partnership to further extend the…
ContinueAdded by Crystal Hartwell on February 12, 2019 at 9:10am — No Comments
ADOT and DPS collaborate to ensure technology is safe
PHOENIX– January 24, 2019 – Technology buffs have a new Arizona license plate option available to them with the introduction of electronic digital plates.
For over a year, the Arizona Department of Transportation has tested this technology on a limited number of its fleet vehicles throughout the state to determine operational capabilities and endurance under multiple weather…
ContinueAdded by Crystal Hartwell on January 24, 2019 at 4:19pm — No Comments
Survey indicates that auto dealers are ready to embrace digital retailing, while highlighting “experience” disconnects: tools providing inaccurate and/or misleading quoted payment terms are key culprit say 87% of dealers
Foothill Ranch, CA – January 23, 2019 - A new report from eLEND Solutions asks the…
ContinueAdded by Crystal Hartwell on January 23, 2019 at 10:39am — No Comments
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