The retail auto business is stressful for all departments. In normal times, employees work 50+ hours per week simply to keep up with the demand from both customers and management. However, during the current pandemic, all departments are working harder than before to not only make a living but also to keep up with the expectations of their…Continue
Added by Sean Reyes on November 20, 2020 at 10:32am — No Comments
The future of the auto industry is expected to be more buyer-centric, flexible, and convenient.
The emergence of new technologies and the switch of customer preferences towards more sustainable solutions has brought innovative changes in the automotive world. The auto sector enters a new era of industrialization with the rise of the fourth industrial revolution. We witness a shift towards emission-free vehicles by…Continue
Added by Cynthia Madison on November 20, 2020 at 2:43am — No Comments
Sale of Mercedes-Benz, Sprinter, Porsche, Jaguar, Land Rover, Volvo and Acura dealerships highlights strong buyer demand in the mountain states; marks 111th Kerrigan-led dealership sale since 2015
Irvine, CA, November 19, 2020 – Kerrigan Advisors, a leading sell-side advisory firm to auto dealers in the U.S., represented and advised Lyle Pearson Auto Group of Boise, Idaho on its recent sale of five…Continue
Added by Crystal Hartwell on November 19, 2020 at 8:03am — No Comments
Lithia Motors acquires Sterling Motorcars luxury brand dealerships, including BMW, MINI, Rolls-Royce Motor Cars, Lamborghini and McLaren in the Washington DC market; marks 5th multi-dealership sale for Kerrigan Advisors in 2020
Incline Village, NV. November 18, 2020 – Kerrigan Advisors, a leading sell-side advisory firm to auto dealers in the U.S., represented and advised Northern Virginia-based Sterling Motorcars on its sale of…Continue
Added by Crystal Hartwell on November 18, 2020 at 9:14am — No Comments
Welcome back, my friends, to our video series, Quality of Life!
We’ve been discussing Ali’s record-breaking month in December of 2018 and how he used the Five Pillars of High Achievement in it. Last…Continue
Added by Damian Boudreaux on November 17, 2020 at 3:00pm — No Comments
Equifax (NYSE: EFX) has named Lena Bourgeois as automotive general manager, responsible for driving customer value and accelerating company growth in the automotive market. Bourgeois brings a strong background in data and information technology systems to the position, critical as automotive dealers and lenders embrace a digital automotive experience and navigate a challenging economic environment.
“Lena has successfully led our Equifax automotive Enterprise Alliances for the last…Continue
Added by John Sternal on November 17, 2020 at 9:19am — No Comments
A Harvard Business Review shows that Boomers and Millennials are changing what constitutes a great place to work.
(Keep in mind that each of these generations are roughly twice the size of Gen. X which lies in the middle, so it is critical that we listen.)…Continue
Added by Sally Whitesell on November 13, 2020 at 4:20pm — No Comments
Most of the trucks like tanker trucks, trailer trucks, load trucks, and lots more run on a diesel engine. So, when compared to other vehicles, the trucks bear heavy loads, and hence there are many chances that the trucks might get breakage in the parts at any time.…Continue
Added by Zoe Sewell on November 13, 2020 at 6:30am — No Comments
PALO ALTO, CA, November 12, 2020 — At next week’s series of virtual on-demand workshops at Used Car Week’s Pre-Owned Con, Curtis Sampson, New Business Manager for Rapid Recon, will show dealers how to apply sports "Game Film" analysis techniques to used car reconditioning.
His on-demand workshop, Film Time: the Best…Continue
Added by Jim Leman on November 12, 2020 at 10:11am — No Comments
Sale of Midtown Toyota in Chicago marks the 22nd Kerrigan Advisors-led transaction in Chicago since 2018
Incline Village, Nevada, November 12, 2020 – Kerrigan Advisors, a leading sell-side advisory firm to auto dealers in the U.S., represented and advised Illinois-based Resnick Auto Group on its recent sale of Midtown Toyota in Chicago to Michigan-based Victory Automotive Group. The transaction is the 11th Toyota…Continue
Added by Crystal Hartwell on November 12, 2020 at 9:08am — No Comments
Lithia Motors acquires nine Keyes Automotive Group dealerships in one of the industry’s largest transactions; 7th 'Top 150' Dealership Group sale for Kerrigan Advisors
Irvine, CA, November 10, 2020 – Kerrigan Advisors, a leading sell-side advisory firm to auto dealers in the U.S., represented and advised Los Angeles-based Keyes Automotive Group on its recent sale of nine dealerships to Lithia Motors, Inc. (NYSE: LAD). Keyes…Continue
Added by Crystal Hartwell on November 10, 2020 at 9:21am — No Comments
The traditional dealership business model is increasingly sharing space with a digital customer experience. A BDC can help dealers adapt and excel during this period of change. Three big trends highlight this new way of doing business:
Added by Damon Sefa on November 9, 2020 at 2:19pm — No Comments
How and Why to Make Your CPA Your Most Important RelationshipContinue
Added by Travis Peterson on November 9, 2020 at 2:09pm — No Comments
We’re back with another video in our series, Quality of Life!
Bringing you up to speed, we’ve been hearing all about the Five…Continue
Added by Damian Boudreaux on November 9, 2020 at 10:30am — No Comments
If you don't train your salespeople right, or train them at all, then this can not be achieved... Most Dealerships don't have any kind of training set up for salespeople. They just throw them to the wolves and hope they sell something....
Training doesn't have to be Expensive, you just need to train and be consistent... get involved, get active, BUT TRAIN...…Continue
Added by Daniel Van Dyke on November 6, 2020 at 8:36pm — No Comments
What's at the core of your creativity? Jim and Chris break down barriers in Episode 5 of Season 2.…Continue
Added by Jim Flint on November 6, 2020 at 10:06am — No Comments
A junk signifies removing of undesirable things. Scrap car removal includes junk cars removal. There are a few things to recollect prior to going before scrap measure. There are numerous ways for managing this removal cycle and there are various companies managing scrap cars.
To start with, merchant needs to discover what he precisely needs to execute. Dealer at first needs to talk with a…Continue
Added by david on November 6, 2020 at 12:30am — No Comments
PALO ALTO, CA, November 3, 2020 — The Next Rapid Recon, the time-to-line efficiency standard in dealership reconditioning software, has announced a robust new feature upgrade: Vendor Advantage.
Vendor Advantage is a no-charge enhancement to Rapid Recon time-to-line (T2L®) reconditioning workflow software for current and new Rapid Recon…Continue
Added by Jim Leman on November 3, 2020 at 8:28am — No Comments
We want you to be profitable and proud of what you do. We want you to have all the success that you deserve. We want you to know that it’s possible for you! That’s exactly why we started the video series,…Continue
Added by Damian Boudreaux on November 2, 2020 at 10:30am — No Comments
In last week’s video from the series, Quality of Life, we began to learn more about CONSISTENCY…Continue
Added by Damian Boudreaux on November 2, 2020 at 10:30am — No Comments