Crystal Hartwell's Blog (391)

Kerrigan Advisors Represents Fuccillo Automotive Group in Sale

 Two high-volume Florida dealerships sold to LMP Motors.    

 

Incline Village, NV, - March 8, 2021 – Kerrigan Advisors, a leading sell-side advisory firm and thought leader to auto dealers in the US, represented and advised Fuccillo Automotive Group, one of the largest private dealership groups in the nation, in its recent sale of Fuccillo Kia of Cape Coral and Fuccillo Kia of Port Charlotte in Southwest Florida to…

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Added by Crystal Hartwell on March 8, 2021 at 8:18am — No Comments

Maus Family Automotive Partners with SureSale

Maus Family Automotive adds SureSale to all pre-owned vehicles, increasing purchaser’s peace of mind

Tampa, FL & Santa Monica, CA –  February 22, 2021 –  Maus Family Automotive today announced that it has partnered with award-winning SureSale to offer the industry’s most comprehensive vehicle report on each of its pre-owned vehicles. SureSale offers consumers transparency and confidence in their used vehicle…

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Added by Crystal Hartwell on February 22, 2021 at 11:00am — No Comments

Kerrigan Advisors Represents the Fields Auto Group in Sale of CJDR Sanford and Land Rover Orlando

 

Lithia Motors acquires dealerships in third largest Florida metro; Sale marks the 114th Kerrigan-led dealership sale since 2015, and 6th Florida sale in 13 months.

INCLINE VILLAGE, NV – February 9, 2021– Kerrigan Advisors, a leading sell-side advisory firm to auto dealers in the U.S., represented and advised Fields Auto Group, one of the largest dealership groups in the US, on its sale of Land Rover…

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Added by Crystal Hartwell on February 9, 2021 at 9:05am — No Comments

SureSale Increases VDP Views with Expanded Digital Merchandising for Auto Dealers

Auto dealerships using SureSale to power used vehicle sales achieve 20% lift in VDP views and marketplace leads

 

Santa Monica, CA – February 8, 2021 – SureSale, which helps auto dealers provide car buyers verification of vehicle quality and condition, has expanded its digital merchandising options to help auto dealers capitalize on their digital retail efforts and reach more used vehicle buyers online. Because SureSale’s…

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Added by Crystal Hartwell on February 8, 2021 at 9:24am — No Comments

Survey: The Pandemic Accelerated the Adoption of Digital Retailing – is that a Blessing or a Curse for Auto Dealers?

A new eLEND Solutions report shows widespread acceleration of Digital Retail adoption (80%) due to the pandemic, continued implementation (90%), a shift in perception from lead generation (47%) to deal generation (53%) and promising data on PVR – but challenges with process implementation may reduce positive impact

 

Irvine, Calif., -- February 8, 2021 – A new report from digital financing innovator eLEND Solutions reveals how the COVID-19 pandemic has…

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Added by Crystal Hartwell on February 8, 2021 at 9:17am — No Comments

AAA Inspected Launches, Powered by SureSale

AAA Inspected, powered by SureSale, independently verifies pre-owned vehicles, so consumers can trust that the vehicle they are buying is a quality vehicle

Wilmington, DE & Santa Monica, CA -- February 1, 2021 – AAA Club Alliance, Inc. (“ACA”) and SureSale, the award-winning platform(1) for quality used vehicles, today announced the launch of AAA Inspected, powered by SureSale. AAA Inspected is a new…

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Added by Crystal Hartwell on February 1, 2021 at 10:08am — No Comments

The Kerrigan Index™ Broke Records for Auto Stock Valuations in 2020

 

 After a volatile start to 2020, The Kerrigan Index out-performed the S&P and rose to all-time highs; all seven component companies hit record market capitalizations in 2020  

 

INCLINE VILLAGE, NV – January 13, 2021 – Kerrigan Advisors, a leading sell-side advisory firm and thought leader to auto dealers in the U.S., has released The Kerrigan Index for December 2020/Year in Review. Comprised of the seven…

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Added by Crystal Hartwell on January 13, 2021 at 10:58am — No Comments

SCE Federal Credit Union Partners with CULA to Offer Vehicle Leasing

 Southern California Credit Union expands leasing opportunities in the region

 

San Diego, CADecember 16, 2020Credit Union Leasing of America (CULA), the leader in indirect vehicle leasing for credit unions for over 30 years, has joined forces with SCE Federal Credit Union to offer SCE FCU members access to vehicle leasing. 

 

SCE Federal Credit Union, which was…

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Added by Crystal Hartwell on December 16, 2020 at 10:55am — No Comments

Auto Dealership Buy/Sell Market Continued to Soar in Q3, with Record Valuations

2020 is on track to surpass 2015s record transaction levels; mega dealer transactions on the rise, dealership earnings spike blue sky values, Toyota is most valuable non-luxury franchise, according to Third Quarter 2020 Blue Sky Report® by Kerrigan Advisors

 

Irvine, CA – December 14, 2020 – After rebounding dramatically in the second quarter of 2020, the auto…

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Added by Crystal Hartwell on December 14, 2020 at 11:36am — No Comments

Sean Peoples Joins SureSale as Vice President of Sales

Veteran of CarGurus, Edmunds, LotLinx and Chrome brings record of sales and product innovation success to SureSale’s mission of helping dealerships sell more used vehicles, faster

 

Los Angeles, CA – December 9th, 2020 – SureSale, the universal standard for pre-owned vehicle quality, today announced that automotive sales and product innovator, Sean Peoples, has joined the company as Vice President of Sales. Peoples, who held…

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Added by Crystal Hartwell on December 9, 2020 at 12:12pm — No Comments

Dealers Signal Optimism for Future Franchise Values and Buy/Sell Activity

 Newly-released Kerrigan Dealer Survey shows that 33% expect an increase in their dealership valuation; 47% anticipate increase in buy/sell activity; Subaru and Toyota top valuation expectations

 

Incline Village, Nevada, November 23, 2020 – Automobile dealers are more optimistic about the valuation of their dealerships this year than last year, according to the newly-released, second annual Kerrigan Dealer Survey.  The survey…

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Added by Crystal Hartwell on November 23, 2020 at 8:03am — No Comments

Kerrigan Advisors Represents Lyle Pearson Auto Group in Sale of Boise Luxury Dealerships

 

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…

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Added by Crystal Hartwell on November 19, 2020 at 8:03am — No Comments

Kerrigan Advisors Represents Sterling Motorcars in Sale to Lithia Motors

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…

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Added by Crystal Hartwell on November 18, 2020 at 9:14am — No Comments

Kerrigan Advisors Represents Resnick Auto Group in Sale of Toyota Dealership

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…

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Added by Crystal Hartwell on November 12, 2020 at 9:08am — No Comments

Kerrigan Advisors Represents Keyes Automotive Group in Sale to Lithia Motors

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…

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Added by Crystal Hartwell on November 10, 2020 at 9:21am — No Comments

Kerrigan Advisors Represents Continental Motors of Naperville in Sale of Dealerships

Sale of Continental Acura, Continental Audi and Continental Mazda dealerships highlights the strength of the buy/sell market, marks 93rd Kerrigan Advisors-led dealership sale since 2015

 

Irvine, CA, October 26, 2020 – Kerrigan Advisors, a leading sell-side advisory firm to auto dealers in the U.S., represented and advised Continental Motors of Naperville on its recent sale of Continental Acura, Continental Audi, and Continental…

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Added by Crystal Hartwell on October 26, 2020 at 11:21am — No Comments

SureSale Taps Auto Innovator Michael Rose as Vice President Product Development

Veteran of TrueCar, eBay Motors, Google, Autobytel/AutoWeb charged with further innovating and expanding SureSale’s platform for quality used vehicles

 

Los Angeles, CA – September 30, 2020 – SureSale, the award-winning platform for quality used vehicles, today announced that veteran automotive product innovator, Michael Rose, will join the company as Vice President of Product Development. Michael joins the company’s growing team as it focuses…

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Added by Crystal Hartwell on September 30, 2020 at 12:22pm — No Comments

Auto Dealership Buy/Sell Market Transactions Rebound in Q2 2020, with Record Valuations

High dealership earnings drive buy/sell market to boomerang back in Q2, with first half of 2020 surpassing 2019, according to The Blue Sky Report® by Kerrigan Advisors; very active buy/sell market predicted for second half of 2020

 

Irvine, CA –Sept 14, 2020 – The auto dealership buy/sell market rebounded dramatically in the second quarter of 2020, driving the first half of 2020 to surpass the first half of 2019, in spite of declines in Q1…

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Added by Crystal Hartwell on September 14, 2020 at 11:50am — No Comments

SiriusXM® Subscription Now Included with Purchase of SureSale Vehicles

Agreement between leading vehicle certification company and leading audio entertainment company adds additional value and incentive to customers of independent and franchised dealers who offer SureSale vehicles

 

Los Angeles, CA – August 10, 2020 – SureSale, the award-winning, gold standard for quality used vehicles, today announced that it has teamed up with SiriusXM to offer a complimentary 3-month subscription* to SiriusXM’s top-tier All Access…

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Added by Crystal Hartwell on August 10, 2020 at 11:13am — No Comments

Auto Dealership Buy/Sell Market Declines 9% in First Quarter 2020, as COVID-19 Brings Activity to a Standstill After a Strong Start

According to The Blue Sky Report® by Kerrigan Advisors, the pandemic’s impact on the first and second quarter will not result in dramatic changes to blue sky values, with a buy/sell rebound projected in the second half

Irvine, CA – June 8, 2020 The 2020 auto dealership buy/sell market declined in the first quarter, falling 9.3% off 2019’s transactions pace as the COVID-19 pandemic took its toll on auto retail,…

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Added by Crystal Hartwell on June 8, 2020 at 8:13am — No Comments

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