Crystal Hartwell's Blog – February 2024 Archive (4)

Credit Union Leasing of America Experienced Double-Digit Growth in 2023

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…

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Added by Crystal Hartwell on February 29, 2024 at 10:31am — No Comments

Kerrigan Advisors Represents RRR Automotive Group in Sale to Group 1 Automotive

Transaction expands Group 1’s presence in the Washington-Baltimore metropolitan region; represents Kerrigan Advisors’ 50th 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 –…

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Added by Crystal Hartwell on February 13, 2024 at 8:32am — No Comments

Car Pros Honda El Monte Achieved Best Sales Year Ever in 2023

 

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,…

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Added by Crystal Hartwell on February 1, 2024 at 9:52am — No Comments

Nearly 40% of Credit Unions Expect Auto Finance Portfolio Growth in 2024, But Most Expect Liquidity Crisis to Continue through First Half of 2024

 

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…

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Added by Crystal Hartwell on February 1, 2024 at 9:30am — No Comments

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