Crystal Hartwell's Blog (346)

Dealership Buy/Sell Market Marked Fifth Consecutive Year of 200+ Transactions in 2018 with Continued Growth Predicted for 2019

 

 

2018 transactions increased 6.9% year over year, including record number of multi-dealership transactions; in spite of auto sales downturn, 2019 acquisition market will be robust, with real estate valuations high and private investors seeing key value in Fixed Ops profit centers and improved retail efficiencies, according to The Blue Sky Report® released by Kerrigan…

Continue

Added by Crystal Hartwell on March 19, 2019 at 11:57am — No Comments

Kerrigan Advisors Represents Minnesota-Based Village Automotive Group in Sale to Ed Napleton Automotive Group

 

Irvine, CA, -- February 26, 2019 – Kerrigan Advisors, the leading buy/sell advisor to auto dealers in the US, represented and advised Minnesota-based Village Automotive Group in its sale of Lexus of Wayzata, Lexus of Maplewood, and Village Chevrolet, to Chicago-based Ed Napleton Automotive Group, which operates more than 74 franchises in seven states and ranked #26 on Automotive News’ 2018 Top 150 Dealership Group…

Continue

Added by Crystal Hartwell on February 26, 2019 at 10:30am — No Comments

Reviver and Wistron NeWeb Partner to Scale and Innovate Production of the Rplate, the World’s First Digital License Plate

IoT and wireless product design leader, WNC, enters a Joint Design and Manufacturing agreement with Reviver; partnership enables Reviver to meet increasing demand for the Rplate as it expands across the US and globally

 

Barcelona, Spain – February 25th, 2019 – Reviver, creator of the world’s first digital license plate platform, and Wistron NeWeb (WNC), global specialists in the design and development of cutting-edge communication products,…

Continue

Added by Crystal Hartwell on February 25, 2019 at 2:44am — No Comments

Reviver Partners with HARMAN to Co-Develop Global Software Platform Development for the World’s First Digital License Plate

HARMAN Connected Services collaborates with Reviver on globally scalable software for Rplate’s IoT platform, centered on enabling new safety and security benefits for consumers

 

Barcelona, Spain – February 25, 2019 – Reviver, creator of the Rplate, the world’s first digital license plate platform, and HARMAN, a wholly-owned subsidiary of Samsung Electronics Co. Ltd., focused on connected technologies…

Continue

Added by Crystal Hartwell on February 25, 2019 at 2:41am — No Comments

Reviver Partners with SEED Group and The Private Office of Sheikh Saeed bin Ahmed Al Maktoum to Bring a Digital License Plate Platform to the United Arab Emirates and MENA

 

Reviver establishes Middle East and North Africa headquarters in Dubai to extend reach of the Rplate, the world’s first digital license plate

 

Foster City, California – February 12, 2019 – Reviver, creator of the world’s first digital license plate platform, SEED Group, and The Private Office of Sheikh Saeed bin Ahmed Al Maktoum, today announced that they have formed a strategic partnership to further extend the…

Continue

Added by Crystal Hartwell on February 12, 2019 at 9:10am — No Comments

Digital license plates now available as option for motorists

 ADOT and DPS collaborate to ensure technology is safe

 

PHOENIX– January 24, 2019 – Technology buffs have a new Arizona license plate option available to them with the introduction of electronic digital plates. 

For over a year, the Arizona Department of Transportation has tested this technology on a limited number of its fleet vehicles throughout the state to determine operational capabilities and endurance under multiple weather…

Continue

Added by Crystal Hartwell on January 24, 2019 at 4:19pm — No Comments

New Report Asks: Is Digital Retailing Promising More Than It Can Deliver?

Survey indicates that auto dealers are ready to embrace digital retailing, while highlighting “experience” disconnects: tools providing inaccurate and/or misleading quoted payment terms are key culprit say 87% of dealers

Foothill Ranch, CA – January 23, 2019 - A new report from eLEND Solutions asks the…

Continue

Added by Crystal Hartwell on January 23, 2019 at 10:39am — No Comments

eLEND Solutions Unveils Showroom Credit Express, a Suite of In-Store Digital Credit App Solutions

Enhancement to eLEND’s popular CreditPlus online credit application is designed to accelerate the sales process and create a more positive credit experience that benefits both dealers and consumers

 

Foothill Ranch, CA – January 17, 2019 – eLEND Solutions™, specialists in online and in-store credit and finance solutions for auto dealers, today unveiled Showroom Credit Express, a significant enhancement to its popular online…

Continue

Added by Crystal Hartwell on January 17, 2019 at 1:12pm — No Comments

Digital License Plates Fully Authorized in Michigan

New Michigan law allows for digital license plates; new technology has potential to generate efficiencies and benefits for consumers, businesses and the state - from Smart City synergies to expedited vehicle registration; Reviver Auto working with Secretary of State Jocelyn Benson to bring Rplates to Michigan market

Detroit, MI - January 17, 2019 – The Michigan legislature has passed a bill (Public Act 656 of 2018)…

Continue

Added by Crystal Hartwell on January 17, 2019 at 9:31am — No Comments

Susan G. Komen of LA Partners with Reviver Auto to Raise Funds Through Komen-branded Digital License Plates

 

Susan G. Komen of Los Angeles is the first charity to create a custom cause digital license plate with the Rplate, the world’s first digital license plate; custom digital license plates designed to raise funds to increase access to breast health services and support research

 

Las Vegas, Nevada –January 7, 2019 – Reviver Auto, creator of the Rplate, the world’s first…

Continue

Added by Crystal Hartwell on January 7, 2019 at 2:04pm — No Comments

Auto Dealership Buy/Sell Transactions Increase 20% YOY: 2018 Trending to be Most Active Buy/Sell Market on Record

 

2018 will be fifth consecutive year of over 200 buy/sells, according to The Blue Sky Report® released by Kerrigan Advisors; strong economy fuels robust market - sellers motivated by high valuations that may not last; increased consolidation, generational transfers and growing pool of investors also heat up market; concerns remain about tariffs’ impact on valuations

Irvine, CA – December 21, 2018 – Automobile buy/sell…

Continue

Added by Crystal Hartwell on December 21, 2018 at 3:35pm — No Comments

Rplate Pro™, the World’s First Digital License Plate, Named 2019 Global Media Award Winner at the SEMA Show

 

Reviver Auto’s Rplate Pro Emerged Among Thousands as Voted on by Panel of International Judges

 

Las Vegas, NV– November 1, 2018–Reviver Auto was recognized with a 2019 Global Media Award this week at the SEMA Show in Las Vegas for the Rplate Pro, the world’s first digital license plate. The Rplate Pro is currently on display at SEMA 2018 in distribution partner Al & Ed’s Autosound Booth 12039 in Las Vegas through November…

Continue

Added by Crystal Hartwell on November 1, 2018 at 11:26pm — No Comments

Kerrigan Advisors Opens East Coast Office, Names Gabriel Robleto Vice President

Robleto brings his extensive background in dealership real estate transactions to the most active sell-side advisor in the auto retail industry; new office enables Kerrigan Advisors to better serve its clients across the US

 

Irvine, CA, -- October 25th, 2018– Kerrigan Advisors, the leading sell-side advisory firm to auto dealers in the US, today announced that it has opened a second office in the Washington DC metro to better serve…

Continue

Added by Crystal Hartwell on October 25, 2018 at 11:15am — No Comments

PERQ Expands Executive Team to Keep Pace with Triple Digit Growth and Demand for its AI-powered Online Guided Shopping Solution

 Bradley Long appointed Executive Vice President of Sales

 

Indianapolis, IN – October 24, 2018 - PERQ, experts in online consumer engagement and behavior, today announced the appointment of Bradley Long as Executive Vice President of Sales. Long brings extensive sales experience to his new role, including a decade in the multifamily sector, one of three key verticals PERQ is targeting with its award-winning artificial…

Continue

Added by Crystal Hartwell on October 24, 2018 at 10:39am — No Comments

California New Car Dealers Association Partners with Reviver Auto to Expand Consumer Access to ‘Rplate Pro™’ Digital License Plates

 Reviver Auto joins with nation’s largest state automotive dealer association to make the revolutionary Rplate Pro more easily available to California consumers

 

Foster City, CA –October 10, 2018Reviver Auto, creator of the Rplate Pro, the world’s first digital license plate, today announced it has partnered with the California New Car Dealers Association (CNCDA) to make the Rplate Pro more…

Continue

Added by Crystal Hartwell on October 10, 2018 at 1:30pm — No Comments

Auto Dealership Buy/Sell Market Picks Up Steam: 2018 On Track for 5th Year of 200+ Acquisitions, According to The Blue Sky Report® released by Kerrigan Advisors

New tax law and economies of scale help publics and consolidators buck trends to grow earnings and fuel Q2 Buy/Sell market to 92% growth over Q1; one-eighth of all auto dealerships have changed hands since 2014 as industry consolidation continues

Irvine, CA – August 29, 2018 – The new tax law and improved economies of scale and scope are among the trends driving a robust Buy/Sell market in Q2, after a slow start to the year, according to The…

Continue

Added by Crystal Hartwell on August 29, 2018 at 9:57am — No Comments

Kerrigan Advisors Represents Car Pros Automotive Group in Sale

 Carson KIA, the Nation’s highest-volume KIA Dealership, sold to Trophy Automotive Dealer Group    

 

Irvine, CA, -- August 22, 2018 – Kerrigan Advisors, the leading sell-side advisory firm to auto dealers in the U.S., represented and advised Car Pros Automotive Group in their recent sale of Carson KIA, the highest volume KIA dealership in the U.S. since 2016. The buyer is the Southern California-based Trophy…

Continue

Added by Crystal Hartwell on August 22, 2018 at 10:49am — No Comments

Consumer Behavior Study Upends Common Misconception that the Vast Majority of Online Shoppers are Ready-to-Buy

 

Data from over a half million consumer interactions analyzed by PERQ illustrates the value of a personalized shopping journey for websites selling high-touch, big-ticket items; reveals that the more online tools and assessments consumers engage with, the more likely they are to purchase; offers key tips for improvement

Indianapolis, IN – August 8, 2018- PERQ, experts in online consumer engagement and shopping…

Continue

Added by Crystal Hartwell on August 8, 2018 at 9:56am — No Comments

Automotive Broadcasting Network Named to Jacksonville 2018 Fast 50

Leading innovator in automotive retail digital signage has experienced 65% year-over-year revenue growth by helping auto retailers improve the in-dealership experience

Jacksonville, FL – July 16, 2018 – Automotive Broadcasting Network (ABN), the leading innovator and provider of digital signage solutions for automotive dealerships, has been named to the…

Continue

Added by Crystal Hartwell on July 16, 2018 at 11:07am — No Comments

PERQ Wins Top Honors in 16th Annual American Business Awards(SM)

Indianapolis-based PERQ takes home the 2018 Gold Stevie Award for “Founding Team of the Year” acknowledging team’s leadership in product innovation, company culture and triple digit growth in 2017

Continue

Added by Crystal Hartwell on June 27, 2018 at 9:33am — No Comments

Monthly Archives

2019

2018

2017

2016

2015

2014

2013

2012

2011

Latest Activity

Sally Whitesell posted a blog post
23 hours ago
Eric Damiani posted a blog post

CarGurus

Cargurus, I have notice that because Carvana will provide free delivery to many area, they now show…See More
yesterday
Bill Wittenmyer posted a video

Freebie Friday: How Do You Stay Motivated?

Bill Wittenmyer shares tips on how dealership personnel can stay motivated in this edition of Freebie Friday.
yesterday
Andy Church posted a video

Profit By Action Quick Tip: Importance of Up To Date Warranties & Recalls

Andy Church shares why keeping up with warranties and recalls can increase profitability in this Quick Tip.
yesterday
Scot Eisenfelder posted a video

Razor & Razor Blade Models for Dealerships: Part 1

Affinitiv CEO & Executive Chairman Scot Eisenfelder shares why dealerships should pay attention to the razor and razor blade models for their stores.
yesterday
Jim Flint posted a blog post
yesterday
Yogesh Sashi posted blog posts
yesterday
Asad Shoaib posted a blog post

The Importance of Vehicle Electrical System Repair

The severity of the issue with your vehicle electrical system is dependent on the root causes and…See More
yesterday
Ryan Holman posted a blog post

Let’s Know The Benefit Of Window Tint Films For Cars

Global warming has become a matter of concern nowadays. It has been showing its impact on the…See More
yesterday
Walter McNulty posted a video

March15

Big Event North Carolina
yesterday
Walter McNulty posted a status
"Having a great event in North Carolina."
yesterday
Veronica Dunford posted a blog post
Thursday
Chris Miller posted a blog post
Thursday
Erik S. Nachbahr posted a video

Is Your Computer Software Costing You Millions Due to Your Employees?

Erik Nachbahr explains why employees could be endangering dealerships through improper use of computer software.
Thursday
Dave Anderson's 2 blog posts were featured
Thursday
Anne Fleming's blog post was featured

How Did We Do?

As a part of your toolbox for improving the customer experience and reputation building, reviews…See More
Wednesday
Dave Anderson posted a blog post

The “Wow” is Worth It!

Author Joe Calloway described a “brand” well in his book Never by Chance: “A brand is defined as a…See More
Wednesday
Anne Fleming posted a blog post

How Did We Do?

As a part of your toolbox for improving the customer experience and reputation building, reviews…See More
Wednesday
Black Book posted blog posts
Wednesday

Get Newsletter

© 2019   Created by DealerELITE.   Powered by

Badges  |  Report an Issue  |  Terms of Service