Crystal Hartwell's Blog (556)

New Data from PERQ Indicates Significant Lag Time Between ‘Ready-to-Buy’ Consumers on Dealership Websites and Actual Purchase

 

Data analyzed from over 45,000 consumer profiles offers key insights into digital consumer purchase cycle and shopping behaviors 

 

Indianapolis, IN – January 25, 2017 - New consumer data gathered and analyzed by PERQ shows a significant lag between the time consumers submit an online vehicle appraisal and the time the actual purchase takes place, in…

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Added by Crystal Hartwell on January 25, 2017 at 11:19am — No Comments

PERQ Partners with AutoHook to Increase Website Conversion for Dealers

This partnership includes the integration of PERQ’S high-engaging FATWIN platform with AutoHook’s high-converting incentive solutions and sales match attribution data, powered by Urban Science.

 

Indianapolis, IN – January 18, 2017  - AutoHook, powered by Urban Science has partnered with PERQ, specialists in personalized, interactive web engagement…

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Added by Crystal Hartwell on January 18, 2017 at 10:19am — No Comments

Kerrigan Advisors Represents Edmark Superstore in its Sale to Kendall Auto Group

 

Edmark is one of the highest volume selling dealerships in Idaho for past three years

 

Irvine, CA, January 17, 2017 – Kerrigan Advisors, the leading sell-side advisory firm to auto dealers in the US, represented and advised Edmark Superstore, one of Idaho's highest volume selling dealerships, in its sale to Kendall Auto Group.  The Edmark Superstore is co-owned by David…

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Added by Crystal Hartwell on January 17, 2017 at 6:12pm — No Comments

First-Ever Interactive Digital License Plate Debuts at Detroit Auto Show’s Automobili-D

Reviver reinvents the 125-year-old metal plate as an Internet of Things, connected car platform; rPlate™ hits the road in California, Florida, Arizona and Texas in 2017, other states to follow

 

Detroit, MI - January 9, 2017 – The first-ever, interactive digital license plate debuts today at the North American International Auto Show (NAIAS) in Detroit during Automobili-D, a new event showcasing…

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Added by Crystal Hartwell on January 9, 2017 at 9:19am — No Comments

Kerrigan Advisors Represents Ron Tonkin Dealerships in Sale to Gee Automotive Companies

Tonkin is the third Top 100 Dealership Group sold by Kerrigan Advisors in the last 12 months

 

Irvine, CA, December 19, 2016 – Kerrigan Advisors, the leading sell-side advisory firm to auto dealers in the US, represented and advised the Ron Tonkin Dealerships, Portland's largest auto dealership group, in its sale to Gee Automotive Companies.  This transaction will create one of the nation’s top 50…

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Added by Crystal Hartwell on December 19, 2016 at 6:58pm — No Comments

Auto Retail Index Up 11.66% in Wake of Election

Kerrigan Auto Retail Index indicates auto retail stocks reacting positively to Trump election, outperforming S&P by 240.9%

 

Irvine, CA, December 1, 2016 – Kerrigan Advisors today announced that The Kerrigan Auto Retail Index was up 11.66% in the month of November, significantly outperforming the broader S&P 500 Index by 240.9%.  With no earnings announcements or other major industry events, The…

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Added by Crystal Hartwell on December 1, 2016 at 10:16am — No Comments

New Report: In-Dealership Transaction Times Improving, But Most Dealers Believe They Should Be Shorter

Unengaged wait time in the dealership outpaced negotiation as the biggest consumer pain point in the car buying process, according to eLEND Solutions 2016 Dealer Survey

 

Foothill Ranch, CA –November 29, 2016 – For the third year in a row, a survey of auto dealers, fielded by eLEND Solutions™, shows a distinct disconnect between actual start-to-finish transaction times and what dealers believe is the “ideal” time consumers should spend in a…

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Added by Crystal Hartwell on November 29, 2016 at 11:23am — No Comments

Dealership M&A Activity Declines in Third Quarter; 2017 Increases Likely, according to The Blue Sky Report™ released by Kerrigan Advisors

Pace of acquisitions slow for balance of 2016; incoming Trump administration motivating sellers to push closings to 2017, while more foreign investment anticipated next year

Irvine, CA, November 22, 2016 – Dealership M&A activity declined by 7% in the first nine months of 2016 YOY, with sellers likely to push closings to 2017 in anticipation of potential tax benefits from the incoming Trump administration, according to analysis from the Blue Sky Report™, a Kerrigan Quarterly,…

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Added by Crystal Hartwell on November 22, 2016 at 10:08am — No Comments

Gubagoo’s New RESQ App Generates a 300% Increase in Lead-to-Sale Conversion

 Gubagoo launches RESQ’s new industry-first technology to empower dealerships with complete access to, and insight on, potential and existing customers, from their sales and service teams’ mobile phones, via text, chat or call

Boca Raton, FL, – October 24, 2016 – Today, Gubagoo announces that RESQ, it’s newly developed app, is generating a 300% increase in lead-to-sale conversions in dealerships. RESQ gives dealers…

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Added by Crystal Hartwell on October 24, 2016 at 12:55pm — No Comments

Gubagoo announces Facebook Messenger Integration for Automotive Dealerships

 

Gubagoos latest innovation enables Facebook users to chat with auto dealerships, using Facebook Messenger just like they chat with friends; unlocks new sales channel for auto dealers

 

Boca Raton, FL October 21, 2016 – Gubagoo, the fastest growing and most innovative provider of solutions to the automotive industry,…

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Added by Crystal Hartwell on October 21, 2016 at 12:48pm — No Comments

Patent Awarded to CarStory Market Reports’ Technology

New patent covers demand/price driver” engine that powers pricing and features analysis found in CarStory Market Reports; data provides dealers with in-demand selling points for every used vehicle on their lot and gives car buyers insights to make better, more informed decisions

 

Austin, Texas – October 18, 2016 – CarStory, the…

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Added by Crystal Hartwell on October 18, 2016 at 11:42am — No Comments

Multi-Franchise Dealership Transactions Rise by 52% in First Half of 2016 according to The Blue Sky Report™ released by Kerrigan Advisors

 

Despite a slight decline in overall transaction activity, average transaction size is up; record franchise values and rising real estate prices spur more sales by family-owned dealerships; domestic transaction buy/sell share increases

 

Irvine, CA, August 22, 2016 – The number of large, multi-dealership transactions rose by 52% YOY in the first half of 2016, according to The Blue Sky Report™, a Kerrigan…

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Added by Crystal Hartwell on August 22, 2016 at 9:49am — No Comments

CarStory Launches VDP Deep Linking: Delivers Low Funnel Traffic and High Engagement to VDPs During “Moment of Search”

 

The CarStory Advertising Network offers faster and more effective Vehicle Details Page deep linking from CarStorys extensive and highly trafficked network of automotive marketplaces

 

Austin, Texas – August 9, 2016 – Dealerships can now attract low-funnel, high-converting consumers from the highly trafficked CarStory Advertising Network…

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Added by Crystal Hartwell on August 9, 2016 at 10:06am — No Comments

New Study: Dealership Purchase Transactions Reduced by 60 Minutes, Likelihood to Buy Increases 56% with New Process

 White Paper from eLEND Solutions with Huntington Beach Chrysler Dodge Jeep Ram examines how a simple driver’s license swipe, and a new process can set financing pre-qualification in motion, reduce transaction times and increase closing ratios

Foothill Ranch, CA – August 4, 2016 – The time it takes to complete a purchase transaction in the dealership can be shorted by sixty minutes with the simple swipe…

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Added by Crystal Hartwell on August 4, 2016 at 9:37am — No Comments

Vast® Experts to Speak at Key Auto Industry Conferences

Vast executives to share insights on how a shift in fundamental marketing strategies can lead to increased used vehicle sales for car dealers

 

Austin, Texas – June 22, 2016 – Vast announced today that two of its executives from its CarStory® product team will be sharing insights into how dealerships can improve marketing strategies to make stronger…

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Added by Crystal Hartwell on June 22, 2016 at 10:29am — No Comments

CallSource Sponsors “Personal Development” Track at Second Annual 2016 Women in Automotive Conference

CallSource Sponsors “Personal Development” Track at Second Annual 2016 Women in Automotive Conference Company founder and director, Carey Fried, to lead “Mindful & Emotional Intelligence for Leaders” workshop Westlake Village, CA – June 21st, 2016 – CallSource today announced that company director and founder Carey Fried will present a workshop based on Google’s “Search Inside Yourself” curriculum at the upcoming Women in Automotive (WIA) conference taking place in Orlando, FL (June…

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Added by Crystal Hartwell on June 21, 2016 at 12:37pm — No Comments

DrivingSales Announces the Most Valuable Insight of 2016 at Presidents Club in Miami

 

"The Language of Closers: Communication that Wins," presented by CDK Global,

named 2016’s Most Valuable Insight at third annual DrivingSales Presidents Club

 

Salt Lake City, UT– June 13, 2016DrivingSales today announced that "The Language of Closers: Communication…

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Added by Crystal Hartwell on June 13, 2016 at 11:12am — No Comments

Auto Industry Experiences Monumental Shifts in Public Auto Retail Valuations, according to The Blue Sky Report™ released by Kerrigan Advisors

New report analyzes dealership buy/sell activity for Q1 2016; overall activity, including multi-dealership transactions, size of groups coming into market and luxury import transactions, continues to rise; publics’ blue sky multiples decline: valuations at parity or below many private acquisition opportunities

 

Irvine, CA, June 7, 2016 – U.S. dealership buy/sell activity…

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Added by Crystal Hartwell on June 7, 2016 at 10:19am — No Comments

The KAR Index™ Drops 9% in Two Weeks

Index from Kerrigan Advisors shows high inventory levels, gross margin compression, and weak sales forecasts depressing public auto retailer valuations

 

 

Irvine, CA, May 18, 2016 – Kerrigan Advisors today announced that The KAR Index™ (The Kerrigan Auto Retail Index) has dropped 9% - from 496.82 to 452.49 – in just the last two weeks, indicating depressed public auto…

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Added by Crystal Hartwell on May 18, 2016 at 11:23am — No Comments

CallSource Expands Management Team



 

Appointment of key marketing and sales execs, Robin Schweitzer and Bill Bauwens, adds 35+ years of sales and marketing expertise to leading call management company

 

Westlake Village, CA – May 12, 2016 – CallSource today announced the appointment of two veteran sales and marketing executives to its management team. Robin Schweitzer brings a 20-year record of marketing success to her role as Marketing Director for…

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Added by Crystal Hartwell on May 12, 2016 at 12:32pm — No Comments

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