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Crystal Hartwell's ADM Blog (274)

Auto Retail Index Up 11.66% in Wake of Election

Kerrigan Auto Retail Index indicates auto retail stocks reacting positively to Trump election, outperforming S&P by 240.9%

 

Irvine, CA, December 1, 2016 – Kerrigan Advisors today announced that The Kerrigan Auto Retail Index was up 11.66% in the month of November, significantly outperforming the broader S&P 500 Index by 240.9%.  With no earnings announcements or other major industry events, The Kerrigan Auto Retail…

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Added by Crystal Hartwell on December 1, 2016 at 7:17am — No Comments

New Report: In-Dealership Transaction Times Improving, But Most Dealers Believe They Should Be Shorter

Unengaged wait time in the dealership outpaced negotiation as the biggest consumer pain point in the car buying process, according to eLEND Solutions 2016 Dealer Survey

 

Foothill Ranch, CA –November 29, 2016 – For the third year in a row, a survey of auto dealers, fielded by eLEND Solutions™, shows a distinct disconnect between actual start-to-finish transaction times and what dealers believe is the “ideal” time…

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Added by Crystal Hartwell on November 29, 2016 at 8:24am — No Comments

Dealership M&A Activity Declines in Third Quarter; 2017 Increases Likely, according to The Blue Sky Report™ released by Kerrigan Advisors

 

Pace of acquisitions slow for balance of 2016; incoming Trump administration motivating sellers to push closings to 2017, while more foreign investment anticipated next year

 

Irvine, CA, November 22, 2016 – Dealership M&A activity declined by 7% in the first nine months of 2016 YOY, with sellers likely to push closings to 2017 in anticipation of potential tax benefits from the…

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Added by Crystal Hartwell on November 22, 2016 at 7:09am — No Comments

Gubagoo’s New RESQ App Generates a 300% Increase in Lead-to-Sale Conversion

Gubagoo launches RESQ’s new industry-first technology to empower dealerships with complete access to, and insight on, potential and existing customers, from their sales and service teams’ mobile phones, via text, chat or call

Boca Raton, FL, – October 24, 2016 – Today, Gubagoo…

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Added by Crystal Hartwell on October 24, 2016 at 9:30am — No Comments

Gubagoo announces Facebook Messenger Integration for Automotive Dealerships

Gubagoos latest innovation enables Facebook users to chat with auto dealerships, using Facebook Messenger just like they chat with friends; unlocks new sales channel for auto dealers

 

Boca Raton, FL October 21,…

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Added by Crystal Hartwell on October 21, 2016 at 9:30am — No Comments

Patent Awarded to CarStory Market Reports’ Technology

 

New patent covers demand/price driver” engine that powers pricing and features analysis found in CarStory Market Reports; data provides dealers with in-demand selling points for every used vehicle on their lot and gives car buyers insights to make better, more informed decisions

 

Austin, Texas – October 18,…

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Added by Crystal Hartwell on October 18, 2016 at 8:45am — No Comments

Multi-Franchise Dealership Transactions Rise by 52% in First Half of 2016 according to The Blue Sky Report™ released by Kerrigan Advisors

 

Despite a slight decline in overall transaction activity, average transaction size is up; record franchise values and rising real estate prices spur more sales by family-owned dealerships; domestic transaction buy/sell share increases

 

Irvine, CA, August 22, 2016 – The number of large, multi-dealership transactions rose by 52% YOY in the first half of 2016, according to The Blue Sky Report™, a Kerrigan…

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Added by Crystal Hartwell on August 22, 2016 at 6:49am — No Comments

CarStory Launches VDP Deep Linking: Delivers Low Funnel Traffic and High Engagement to VDPs During “Moment of Search”

 

The CarStory Advertising Network offers faster and more effective Vehicle Details Page deep linking from CarStorys extensive and highly trafficked network of automotive marketplaces

 

Austin, Texas – August 9, 2016 – Dealerships can now attract low-funnel, high-converting consumers from the highly trafficked CarStory Advertising Network…

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Added by Crystal Hartwell on August 9, 2016 at 7:07am — No Comments

New Study: Dealership Purchase Transactions Reduced by 60 Minutes, Likelihood to Buy Increases 56% with New Process

 

White Paper from eLEND Solutions with Huntington Beach Chrysler Dodge Jeep Ram examines how a simple driver’s license swipe, and a new process can set financing pre-qualification in motion, reduce transaction times and increase closing ratios

Foothill Ranch, CA – August 4, 2016 – The time it takes to complete a purchase transaction in the dealership can be shorted by sixty minutes with the simple swipe…

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Added by Crystal Hartwell on August 4, 2016 at 6:38am — No Comments

Vast® Experts to Speak at Key Auto Industry Conferences

 

Vast executives to share insights on how a shift in fundamental marketing strategies can lead to increased used vehicle sales for car dealers

 

Austin, Texas – June 22, 2016 – Vast announced today that two of its executives from its CarStory® product team will be sharing insights into how dealerships can improve…

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Added by Crystal Hartwell on June 22, 2016 at 7:30am — No Comments

CallSource Sponsors “Personal Development” Track at Second Annual 2016 Women in Automotive Conference

 

Company founder and director, Carey Fried, to lead Mindful & Emotional Intelligence for Leaders workshop

 

Westlake Village, CA – June 21st, 2016 CallSource today announced that company director and founder Carey Fried will present a workshop based on Google’s “Search Inside Yourself” curriculum at the…

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Added by Crystal Hartwell on June 21, 2016 at 9:38am — No Comments

DrivingSales Announces the Most Valuable Insight of 2016 at Presidents Club in Miami

 

“The Language of Closers: Communication that Wins," presented by CDK Global, named 2016’s Most Valuable Insight at third annual DrivingSales Presidents Club

 

Salt Lake City, UT– June 13, 2016DrivingSales today announced that "The Language of Closers: Communication…

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Added by Crystal Hartwell on June 13, 2016 at 8:14am — No Comments

Auto Industry Experiences Monumental Shifts in Public Auto Retail Valuations, according to The Blue Sky Report™ released by Kerrigan Advisors

 

 

New report analyzes dealership buy/sell activity for Q1 2016; overall activity, including multi-dealership transactions, size of groups coming into market and luxury import transactions, continues to rise; publics’ blue sky multiples decline: valuations at parity or below many private acquisition opportunities

 

Irvine, CA, June 7, 2016 – U.S.…

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Added by Crystal Hartwell on June 7, 2016 at 7:20am — No Comments

The KAR Index™ Drops 9% in Two Weeks

Index from Kerrigan Advisors shows high inventory levels, gross margin compression, and weak sales forecasts depressing public auto retailer valuations

 

 

Irvine, CA, May 18, 2016 – Kerrigan Advisors today announced that The KAR Index™ (The Kerrigan Auto Retail Index) has dropped 9% - from 496.82 to 452.49 – in just the last two weeks, indicating depressed public auto retailer valuations. The KAR…

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Added by Crystal Hartwell on May 18, 2016 at 8:23am — No Comments

CallSource Expands Management Team



 

Appointment of key marketing and sales execs, Robin Schweitzer and Bill Bauwens, adds 35+ years of sales and marketing expertise to leading call management company

 

Westlake Village, CA – May 12, 2016 – CallSource today announced the appointment of two veteran sales and marketing executives to its management team. Robin Schweitzer brings a 20-year record of marketing success to her role as Marketing Director for…

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Added by Crystal Hartwell on May 12, 2016 at 9:32am — No Comments

Gubagoo ChatSmart Presented with DrivingSales Dealer Satisfaction Award

Gubagoo ChatSmart received a “Top Rated” Award for Dealer Satisfaction in the Chat Products Category

 

West Palm Beach, FL – April 26, 2016 – Gubagoo ChatSmart is the recipient of a “Top Rated” Chat Products award in the seventh annual DrivingSales Dealer Satisfaction Awards.

 

“We are honored to receive a DrivingSales Dealer Satisfaction Award for ChatSmart,” said Brad Title, CEO of Gubagoo, Inc. “Especially…

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Added by Crystal Hartwell on April 26, 2016 at 7:28am — No Comments

Gubagoo Launches RESQ: A Revolutionary New Way to Take Control of Your Chat, Text and Phone Calls

 

 

The new RESQ app – powered by Gubagoo – gives dealerships unprecedented visibility and control into off-showroom sales conversations, including calls, texts and chats

 

West Palm Beach, FL – March 31, 2016 – Gubagoo today announced the launch of RESQ, a…

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Added by Crystal Hartwell on March 31, 2016 at 8:38am — No Comments

CallSource Announces Industry’s First End-to-End Call Management System for Auto Dealers

 

Call-to-appointment ratios rise to 30% and higher, far outpacing industry average of 8%, report early adopters of patented Sales Performance Management (SPM)

 

Westlake Village, CA – March 31st, 2016 – CallSource today launched its patented Sales Performance Management (SPM) system, the first end-to-end call…

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Added by Crystal Hartwell on March 31, 2016 at 8:36am — No Comments

CarStory Market Reports Adopted by Over 6,000 Dealers; Dealer Group Reports Up to a 27% Increase in Used Vehicle Lead Submissions

 

Over 15 million consumers have used reports to discover their perfect car directly on a dealers website

 

Austin, Texas – March 31st, 2016 – CarStory today announced that its Market Reports, which launched last year during NADA, are adopted by over 6,000 dealers,…

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Added by Crystal Hartwell on March 31, 2016 at 8:30am — No Comments

The KAR Index™: Is Historic Upcycle for Auto Retail Stocks Over?

 

 

New index from Kerrigan Advisors tracks the seven auto retail publics to identify and assess the drivers impacting changes in their valuations, with implications for both public and private auto retailers

 

Irvine, CA, March 31, 2016 – Kerrigan Advisors today announced the inaugural release of…

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Added by Crystal Hartwell on March 31, 2016 at 8:25am — No Comments

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