Puget Sound Business Journal Ranks Top 20 Largest LGBTQ+ Owned Companies in the Region for 2024

RENTON, WA – July 16, 2024 – Car Pros Automotive Group, one of the fastest growing automotive groups in the United States, today announced that it ranked #1 on the list of Top 20 largest LGBTQ+ owned companies by…

Dealership buy/sell transactions increased to a record 403 in the trailing twelve months as of March according to the First Quarter 2024 Blue Sky Report® by Kerrigan Advisors, driven by a rise in the number of sellers coming to market, providing buyers more options for capital deployment

Kerrigan Advisors introduces the Kerrigan Blue Sky Index

Incline Village, NV – June 24, 2024 – The auto dealership…

Sale of the top selling brand in San Antonio and Houston highlights buyers continued interest in leading franchises in high-growth markets; transaction represents the 17^th franchise sold by Kerrigan Advisors in Texas in the last 12…

Sale of Northwest Chrysler Dodge Ram Jeep in Houston underscores demand for dealerships in high-growth, densely populated markets; Kerrigan Advisors leads the industry in buy/sell transactions, particularly in Texas – 17 franchises sold in 12 months

HOUSTON, TX – June 17, 2024 – Kerrigan Advisors, the premier sell-side advisor and thought partner to auto dealers nationwide, represented Salt Lake City, UT-based Ken Garff Automotive Group, the…

Sale of top volume Buick GMC and Chevrolet dealerships in Tennessee underscores the strong buyer demand in high-growth, business friendly markets in the Southern region; transaction marks Kerrigan Advisors’ 273^rd dealership sale

MEMPHIS, TN – June 11, 2024 – Kerrigan Advisors, the premier sell-side advisor and thought partner to auto dealers nationwide, represented Memphis, Tennessee-based Sunrise Auto Group in the sale of Sunrise…

Sale of Inland Empire Toyota dealership underscores strength of the industry’s most in-demand franchise in California’s fastest growing region; transaction marks Kerrigan Advisors’ 264^th dealership and 31^st Toyota franchise sale

INCLINE VILLAGE, NV – May 22, 2024 – Kerrigan Advisors, the premier sell-side advisor and thought partner to auto dealers nationwide, represented California-based Gosch Auto Group in the sale of…

Marks the second consecutive year Car Pros is ranked in the top 50; the group, which represents Kia, Hyundai, Honda, BMW and MINI, is 4^th in the nation in sales per rooftop

RENTON, WA – April 17, 2024 – Car Pros Automotive Group, a leading automotive sales and service group, announced today that it ranked 48^th in the 2024…

Dealership buy/sell transactions increased 6% YoY according to the Annual 2023 Blue Sky Report by Kerrigan Advisors; 680 franchises sold in 2023, an increase of 5.4% compared to 2022, defying broader corporate M&A trends

Incline Village, NV – April 9, 2024 – The auto dealership buy/sell market experienced a record year of buy/sell activity with 397 completed dealership transactions, up 6% compared to 2022, according to the just-released…

Dealership recognized as one of the nation’s top 50 Honda dealerships

El Monte, CA – April 3, 2024 – Car Pros Honda El Monte has received the 2023 Honda Masters Circle award from American Honda Motor Co., Inc., for the second year in a row, in recognition of being one of…

Credit Union Leasing of America further extends its reach in Pennsylvania, bringing the benefits of vehicle leasing to more consumers in the US

San Diego, CA & Exton, PA – April 2, 2024 – Credit Union Leasing of America (CULA) has been selected by Citadel Credit Union to bring the benefits of indirect vehicle leasing to its credit…

CDK Global Award recognizes Jones as an outstanding female leader in the automotive industry

RENTON, WA – March 19, 2024 – Car Pros Automotive Group today announced that CFO Shirley Jones has been recognized with a 2024 “Women Paving the Way” award from CDK…

In a challenging auto finance environment, CULA grew its portfolio as well as Credit Union and Dealer Partners, while expanding national footprint

San Diego, CA – February 29, 2024 – Credit Union Leasing of America (CULA) experienced double-digit growth in its portfolio, credit union and dealer partners in 2023, even in the face of a challenging auto finance environment, the company announced today. CULA drove 24% growth in credit…

Transaction expands Group 1’s presence in the Washington-Baltimore metropolitan region; represents Kerrigan Advisors’ 50^th franchise sold in the Mid-Atlantic since 2020, making the firm the undisputed leader in dealership sell-side advisory in the region

COLLEGE PARK, MD – February 13, 2024 –…

Dealership ranked #6 in California for 2023; #24 in the nation, up from #40 in 2022

RENTON, WA – February 1, 2024 – Car Pros Automotive Group, one of the fastest growing automotive groups in the United States, announced today that Car Pros Honda El Monte delivered its best year ever selling 3,242 new Hondas,…

CUs show some optimism for the 2024 auto finance market, predicting an easing of extended loan terms and interest rates dropping, according to a new CULA survey; most CUs plan to leverage the benefits of auto dealer relationships by increasing them in 2024

San Diego, CA…

New survey from eLEND Solutions underscores challenges of delivering accurate online payment quotes, including reduced lender transparency, mismatched desking/lender decisions, consumer-provided credit scores, all of which results in anything but ‘penny-perfect’ payment quotes

Foothill Ranch, Calif. – January 31, 2024 – A new snapshot survey of auto dealers and lenders, from automotive fintech innovator eLEND Solutions,…

Car Pros new Kia sales reached 15,595 in 2023, bringing lifetime sales to 177,418; Car Pros Kia Glendale #1 in the nation

RENTON, WA – January 31, 2024 – Car Pros Automotive Group, a leading automotive sales and service group, announced today that 2023 was its best year ever in new Kia sales, setting a record and selling a total of 15,595 vehicles, up nearly 10% year-over-year. Car Pros Kia Glendale finished #1 in the nation with 6,549 new Kias sold.…

Sale of Jim Price’s flagship Chevrolet franchise, one of the industry’s strongest domestic brands, is final and third sale for the Virginia-based auto group, all represented by Kerrigan Advisors -- and the 23^rd franchise sale in Virginia for Kerrigan Advisors since 2020

Charlottesville, VA – January 9, 2024 – Kerrigan Advisors, the premier sell-side advisor and thought partner to auto dealers nationwide, represented Charlottesville,…

The leader in indirect vehicle leasing for credit unions further broadens its reach in the western U.S. as it partners with the tenth largest credit union in the U.S.

San Diego, CA & Sandy, UT – January 9, 2024 – Credit Union Leasing of America (CULA), the leader in indirect vehicle leasing for credit unions for over 30 years, today announced that it has been selected by Utah-based Mountain…

Dealership buy/sells increased 11% YoY, with trailing twelve-month transactions surpassing 2021’s prior peak, according to the Third Quarter 2023 Blue Sky Report^® by Kerrigan Advisors; consolidation sparked by the pandemic has yet to abate, blue sky values remain high and acquisition growth, fueled by tremendous access to capital from operations, remains impervious to interest rates

Incline Village, NV – December 18,…