Why your next new sale should probably come from the service garage – and how to make it happen
For years, dealers have been using increasingly sophisticated marketing data and technologies to aid in their equity mining and conquesting efforts. But today, leading retailers have found an even more competitive edge by leveraging data and resources that combine the powers of equity mining in the service lane.
Combined with solutions that include equity calculators, smart dealers are now easily integrating credit-first soft-pull tools into their daily workflows to build…
ContinueAdded by John Sternal on November 2, 2022 at 10:36am — No Comments
Kerrigan Advisors Represents Spartan Auto Group, Criscuolo Family in Sale of Four Michigan Toyota and Lexus Dealerships
Sale of two Toyota and two Lexus dealerships marks the 170th transaction led by Kerrigan Advisors, the leading advisor to Toyota and Lexus dealers nationwide since 2015
Incline Village, NV – November 1, 2022 –– Kerrigan Advisors, the premier sell-side advisor and thought partner to auto dealers nationwide, represented Spartan Auto Group and the Criscuolo family in its sale of Toyota and Lexus dealerships in Central and Southeastern…
ContinueAdded by Crystal Hartwell on November 1, 2022 at 8:39am — No Comments
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…
ContinueAdded 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 …
ContinueAdded 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 –…
ContinueAdded 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…
ContinueAdded 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…
ContinueAdded 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…
ContinueAdded 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 &…
ContinueAdded by Crystal Hartwell on October 19, 2022 at 11:15am — No Comments
Added by DealerELITE on October 7, 2022 at 1:00pm — No Comments
PURECARS WHITE PAPER OFFERS DIGITAL ADVERTISING TIPS FOR DEALERS TO COMBAT INDUSTRY & ECONOMIC CHALLENGES
PURECARS WHITE PAPER OFFERS DIGITAL ADVERTISING TIPS FOR DEALERS TO COMBAT INDUSTRY & ECONOMIC CHALLENGES
ATLANTA – (September 27, 2022) – PureCars, a leading provider of digital marketing technology and services for automotive dealers, announced today a new Industry white paper: "5 Key Takeaways from the 2022 PureCars Digital Advertising Survey". The paper looks at specific digital advertising trends facing auto dealers…
ContinueAdded by John Sternal on September 27, 2022 at 10:06am — No Comments
Dealer Image Pro Launches First-Of-Its-Kind Window Sticker & Buyer's Guide Generator For Automotive Dealerships
Auto Dealers Can Now Take Photos, Video, and Print Custom Window Stickers and Buyer’s Guides All from One Platform…
Added by John Sternal on September 21, 2022 at 1:43pm — No Comments
PURECARS DEALER SURVEY OF DIGITAL ADVERTISING TRENDS SHOWS A MAJOR DISCONNECT BETWEEN THEIR CURRENT SPEND VERSUS WHERE THEY GET THE MOST ROI
PureCars will also host a webinar on Sept. 22 where they will talk about the below data in more detail. Click here to register.
FOR IMMEDIATE RELEASE
PURECARS DEALER SURVEY OF DIGITAL ADVERTISING TRENDS SHOWS A MAJOR DISCONNECT BETWEEN THEIR CURRENT SPEND VERSUS WHERE THEY GET THE MOST ROI
ATLANTA, GA – (September 20, 2022)…
ContinueAdded by John Sternal on September 20, 2022 at 3:57pm — No Comments
95% of dealers are not doing enough in their stores or online to prevent fraud
Yes, it’s true, more people are shopping and buying cars and trucks online. Research firm Frost and Sullivan forecasts six million cars will be sold online around the world in 2025. It’s obviously convenient but there are still plenty of threats of fraud to be on the lookout for – fraud that can harm both the consumer and the dealer/lender. Online car-buying scams are widespread today and can take the form of fake ads, gift card rip-offs, fraudulent wire transfers, title washing,…
ContinueAdded by John Sternal on September 13, 2022 at 3:07pm — No Comments
Setting Up Your Service Advisors for Success Online Like You Do Your Salespeople
For The First Time in DrivingSales Executive Summit. two DSES Best Idea Winners Co-Present at DSES2022
Join Bryan Armstrong and Myself on Oct 10 from 11:00 -11:40 AM PDT for our session on:
Setting Up Your Service Advisors for Success Online Like You Do Your…
Added by Brad Paschal on September 6, 2022 at 2:05pm — No Comments
Added by Ron Garverick on September 2, 2022 at 6:21pm — No Comments
Auto Dealership Buy/Sell Market Hits Another Record in First Half of 2022: Valuations Climb with Profits, Liquidity Drives Demand
Despite negative economic headlines and a volatile stock market, auto retailers continued their expansion through acquisition, with buy/sells increasing 16% YOY, despite spending pullbacks by public retailers, according to the Second Quarter 2022 Blue Sky…
ContinueAdded by Crystal Hartwell on August 31, 2022 at 8:21am — No Comments
Added by Damian Boudreaux on August 30, 2022 at 12:00pm — No Comments
Goals don't mean anything without proper training!
Anyone can have work-related goals, but not everyone will achieve them. To achieve goals, we have to better ourselves. And to better ourselves, it takes practice and training.
So, while we often try to motivate our Sales Consultants and BD Agents by asking about their goals, we aren't always assisting them,…
ContinueAdded by Chris Vitale on August 29, 2022 at 12:25pm — 1 Comment
Welcome back, my friends, to our video series, Quality of Life!
We’ve been discussing Ali’s record-breaking month in…
ContinueAdded by Damian Boudreaux on August 25, 2022 at 12:00pm — No Comments
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