Crystal Hartwell's Blog (426)

WarrantyMind Speeds Warranty Claims into Cash Flow for Auto Dealers

Data-driven warranty claims processing speeds up filing, increases accuracy and timely reimbursement, while lowering fixed costs

San Francisco, CA – June 21, 2022 – FrogData has launched WarrantyMind, a data platform for warranty claims processing that solves critical warranty administration problems at dealerships. The WarrantyMind platform integrates with the DMS, enabling warranty experts to file…

Continue

Added by Crystal Hartwell on June 22, 2022 at 8:15am — No Comments

CULA Launches Leasing Program with UNIFY Financial Credit Union

One of the nation's leading credit unions, and the official credit union of champion football team the Los Angeles Rams, partners with CULA to offer its So Cal members the many benefits of vehicle leasing

 

San Diego, CA, and Allen, TX – June 22, 2022 – Credit Union Leasing of America (CULA) today announced that partner UNIFY Financial Credit Union (UNIFY) has successfully launched its indirect vehicle leasing program in Southern…

Continue

Added by Crystal Hartwell on June 22, 2022 at 8:12am — No Comments

Auto Dealership Buy/Sell Market Starts Strong in 2022, Outpacing First Quarter 2021: Dealership Confidence Remains High Despite Looming Economic Headwinds

Blue sky values rise driven by record first quarter dealership profits; growth in fixed operations expected to counteract potentially softening consumer demand, bolstering dealership confidence and profits; continued buy/sell market and valuation strength expected in 2022, especially for Lexus and Toyota, according to the First Quarter 2022 Blue Sky Report® by Kerrigan…

Continue

Added by Crystal Hartwell on June 20, 2022 at 9:47am — No Comments

Kerrigan Advisors Represents Fuccillo Automotive Group in Sale of Fuccillo Kia of Clermont

Orlando-area dealership sold to Morgan Automotive Group, marking the 155th Kerrigan-led dealership sale since 2015

Incline Village, NV – June 8, 2022 – Kerrigan Advisors, the premier sell-side advisor and thought partner to auto dealers nationwide, represented Fuccillo Automotive Group in the sale of Fuccillo Kia of Clermont to Florida’s Morgan Automotive Group, one of the fastest growing and largest private dealership groups in…

Continue

Added by Crystal Hartwell on June 8, 2022 at 10:17am — No Comments

Auto Dealership Buy/Sell Transactions Soar in 2021 with Record Dealership Valuations, Revenue, and Profits, Accelerating Industry Consolidation

Unprecedented 383 transactions completed in 2021, representing 830 franchises, nearly three times the pre-pandemic average, according to The Blue Sky Report® by Kerrigan Advisors, which predicts blue sky values will continue to hit new records in 2022 as earnings skyrocket in the first quarter, super-charging industry consolidation

 

Incline Village, NV – April 4, 2022– The auto dealership…

Continue

Added by Crystal Hartwell on April 4, 2022 at 8:05am — No Comments

FrogBI Enterprise Analytics Toolkit Launches: Unlimited Data Intelligence for Dealers

Innovative enterprise analytics toolkit from izmocars’ FrogData, aggregates data from ALL dealership sources, with intelligent data augmentation to help dealers work smarter and more efficiently

 

Las Vegas, Nevada – March 10, 2022 – izmocars announced today, at the 2022 National Automobile Dealers Association (NADA) Show, the launch of FrogBI Enterprise Analytics Toolkit, an innovative AI-powered tool that aggregates data…

Continue

Added by Crystal Hartwell on March 10, 2022 at 11:21am — No Comments

Customer Gateway Launches: Helps Bridge Digital Retail’s Online to In-store Gap

eLEND Solutions’ new platform is designed to accelerate transactions, remove online-to-in-store information disconnects and enable customers to do more remotely.

 

Las Vegas, Nevada– March 10, 2022 eLEND Solutions, an automotive FinTech company focused on accelerating ‘transactional’ digital buying experiences, today announced at The NADA Show 2022, the launch of Customer Gateway, a certified, secure…

Continue

Added by Crystal Hartwell on March 10, 2022 at 10:09am — No Comments

Industry’s First 3D Virtual Showroom Experience for Dealer Websites Launches

izmoEmporio’s full CGI car personalization platform engages car shoppers, increases dealership website conversion and can lower auto dealers’ cost of customer acquisition

 

Las Vegas, Nevada – March 9th, 2022 – izmocars today announced the launch of izmoEmporio, the world’s first, and only, 3D virtual showroom experience for auto dealer websites, at the 2022 National Automobile Dealers Association…

Continue

Added by Crystal Hartwell on March 9, 2022 at 11:56am — No Comments

Survey: Auto Dealers Disconnected about Solving Digital Retailing Disconnects

Vast majority acknowledge disconnect between online/instore buying process and that digital retailing can speed up sales process, but half think 80% of process should be handled in-store, according to new eLEND Solutions survey of auto dealerships

 

Foothill Ranch, Calif., March 9, 2022 – A new survey of auto dealerships from…

Continue

Added by Crystal Hartwell on March 9, 2022 at 11:27am — No Comments

Kerrigan Advisors Represents Earnhardt Auto Centers in Sale of Las Vegas Dealerships

Earnhardt Buick GMC and Earnhardt Mazda of Las Vegas sold to Utah-based Jerry Seiner Dealerships marking the 151st dealership sale led by Kerrigan Advisors since 2015

 

Incline Village, NV – March 3, 2022 – Kerrigan Advisors, the premier sell-side advisor and thought partner to auto dealers nationwide, represented Phoenix, Arizona-based Earnhardt Auto Centers in its sale of Earnhardt Buick GMC and Earnhardt Mazda in Las Vegas to…

Continue

Added by Crystal Hartwell on March 3, 2022 at 9:41am — No Comments

Kerrigan Advisors Represents Hitchcock Automotive in Toyota Dealerships Sale

Northridge Toyota and Toyota of Santa Barbara sold to Van Tuyl Companies, Puente Hills Toyota sold to Kaminsky Automotive – marking 149th dealership sale led by Kerrigan Advisors

 

Incline Village, NV –February 8, 2022 – Kerrigan Advisors, the premier sell-side advisor and thought partner to…

Continue

Added by Crystal Hartwell on February 8, 2022 at 8:37am — No Comments

CULA Originates 50,000 Leases for $2 Billion in 2021

Indirect vehicle leasing leader contributes to credit unions’ increasing share of leasing market, achieves single-year record for lease originations through credit union partners, and enjoys exponential growth in dealer partnerships

 

San Diego, CA – January 26, 2022 – Credit Union Leasing of America (CULA) achieved $2…

Continue

Added by Crystal Hartwell on January 26, 2022 at 10:16am — No Comments

700Credit and eLEND Solutions Partner to Help Auto Dealerships Prevent Identity/Financial Fraud

ID Drive, the industry’s most advanced data capture and driver license authentication solution, protects auto dealers, helps identify qualified buyers

 

FARMINGTON HILLS, MICH. & FOOTHILL RANCH, CA – January 18th, 2022

700 Credit, LLC, the automotive industry’s leading provider of credit reports, compliance solutions, and soft pull products, and eLEND Solutions, an automotive FinTech…

Continue

Added by Crystal Hartwell on January 18, 2022 at 8:36am — No Comments

Auto Dealership Buy/Sell Market on Track for Another Record Year

Kerrigan Advisors projects over 350 completed transactions for 2021; historic market velocity driven by high valuations and unprecedented capital access resulting from record revenue and profitability

 

Incline Village, NV – December 16, 2021 – The auto dealership buy/sell market is on track for another record year as it continued its momentous pace in the third quarter according to the just-released Third Quarter 2021 Blue Sky…

Continue

Added by Crystal Hartwell on December 16, 2021 at 9:37am — No Comments

Kerrigan Advisors Represents Continental Honda of Countryside in Dealership Sale

Sale of third highest volume Honda dealership in Illinois to Gerald Auto Group  

 

Incline Village, NV –December 8, 2021 – Kerrigan Advisors represented Continental Motors in its sale of Continental Honda of Countryside, Illinois to Chicago-based Gerald Auto Group. This sale marks the third transaction for Continental Motors that Kerrigan Advisors has represented since 2019 and the 143rd dealership sale led by the…

Continue

Added by Crystal Hartwell on December 8, 2021 at 9:06am — No Comments

Kerrigan Advisors Represents Stevinson Automotive in Sale of the Largest Private Dealership Group in Denver

Sale of eight dealerships to Asbury Automotive Group marks the largest dealership group transaction in Denver’s history

 

Incline Village, NV – December 7, 2021 – Kerrigan Advisors, the premier sell-side advisor and thought partner to auto dealers nationwide, represented Stevinson Automotive, the largest privately-owned dealership group based in Denver, Colorado, in the sale of its eight dealerships to Asbury Automotive Group. The transaction…

Continue

Added by Crystal Hartwell on December 7, 2021 at 7:49am — No Comments

AutoBuy Expands National Footprint to Georgia

Virtual, safe and efficient vehicle appraisal and selling now available to Georgia consumers through 12 new virtual, and four bricks and mortar, locations; extends AutoBuy’s capacity to deliver fresh vehicle inventory to auto dealers

 

West Palm Beach, FL – November 30, 2021 - AutoBuy, the auto remarketing disrupter that makes it easy and safe for consumers to sell their vehicles virtually,…

Continue

Added by Crystal Hartwell on November 30, 2021 at 10:08am — No Comments

Auto Dealers Expect Valuations and Profits to Increase in 2022

Positive momentum in auto retail and buy/sell market will continue in 2022, according to the recently-released 2021 Kerrigan Dealer Survey: 61% of dealerships expect an increase in their valuation, 79% expect profits to rise and 77% expect to acquire more dealerships over next 12 months

 

Incline Village, Nevada, November 29, 2021 – Auto dealers’ optimism about the valuation of their dealerships has doubled year-over-year, according to the…

Continue

Added by Crystal Hartwell on November 29, 2021 at 8:36am — No Comments

84% of Auto Dealers Continue Digital Retailing Capabilities Post-Pandemic, but Fall Short of End-to-End Process

A new eLEND Solutions report reveals that auto dealers are offering digital retailing a warm, but partial, embrace: nearly half have advanced their DR ‘end point’ since COVID lockdowns, but 64% end digital path-to-purchase before F&I

Irvine, Calif., – November 16, 2021 – A new report from automotive…

Continue

Added by Crystal Hartwell on November 16, 2021 at 10:01am — No Comments

Kerrigan Advisors Represented Priority 1 Automotive Group in its Sale to AutoNation – Largest Transaction on Record in Baltimore-Washington Market

Priority 1 sale marks the 21st group sale Kerrigan Advisors has represented since 2015

 

Incline Village, NV – November 11, 2021 – Kerrigan Advisors represented Baltimore, Maryland-based Priority 1 Automotive Group in its sale to AutoNation on November 8, 2021. The acquisition is one of the largest completed by AutoNation since 2018, and the largest on record in the Mid-Atlantic region. Kerrigan Advisors, which focuses exclusively…

Continue

Added by Crystal Hartwell on November 11, 2021 at 9:26am — No Comments

Monthly Archives

2022

2021

2020

2019

2018

2017

2016

2015

2014

2013

2012

2011

© 2022   Created by DealerELITE.   Powered by

Badges  |  Report an Issue  |  Terms of Service