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Crystal Hartwell's ADM Blog (359)

Franchise Dealers Optimistic About Store Values for Next 12 Months

 

86% of dealers expect dealership values to increase or remain the same over the next 12 months according to the first-ever Kerrigan Advisors Dealer Survey

Irvine, CA, October 21, 2019Kerrigan Advisors, the leading sell-side advisor and thought partner to auto dealers in the U.S., today released results from its first annual dealer survey. The firm’s…

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Added by Crystal Hartwell on October 21, 2019 at 6:38am — No Comments

Kerrigan Advisors Represents Longmont Ford in Sale

 

Longtime area dealer sells successful dealership to Maroone USA, Serra Automotive and Pat Grooms

 

Irvine, CA, October 2, 2019 – Kerrigan Advisors, a leading sell-side advisory firm to auto dealers in the U.S., represented and advised owner Mike Peebles in his recent sale of Longmont Ford, one of the most successful Ford stores in the Metro Denver area. The buyers are a partnership between Maroone USA, owned…

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Added by Crystal Hartwell on October 2, 2019 at 6:50am — No Comments

SureSale Certified Increases Used Vehicle Sales and Turn Rates for North Carolina Dealership

New case study shows how Reed-Lallier Chevrolet leveraged this one-of-a-kind CPO program to increase used vehicle sales 30% YOY as local market saw declines[1]



 

Los Angeles, CASeptember 18, 2019 – SureSale Certified today released a new case study conducted with North Carolina’s Reed-Lallier Chevrolet that offers a compelling snapshot of how one dealership…

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Added by Crystal Hartwell on September 18, 2019 at 9:11am — No Comments

Auto Dealership Buy/Sell Market Slows Slightly, Still on Pace for Sixth 200+ Transaction Year; Blue Sky Valuations Stabilize with Dealership Earnings Improvement

Buy/sell market continues strong year with 49 completed transactions in Q2 2019; global trade war brings investors to market; dealership business model proves resilience with increased gross profit, according to Q2 2019 The Blue Sky Report® by Kerrigan Advisors

 

 

Irvine, CA –September 9th, 2019 – The 2019 auto dealership buy/sell market stayed steady and on course for yet another 200+ transaction…

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Added by Crystal Hartwell on September 9, 2019 at 7:02am — No Comments

SureSale Launches National Ad Campaign: Introduces Shirley, Brand Ambassador for SureSale’s Certified Vehicles

Print and broadcast media campaign supports SureSale’s transparent buying experience for quality used vehicles; Louisville is premiere market with others to follow

 

Los Angeles, CAAugust 12, 2019 – SureSale Certified, the gold standard for quality used vehicles and purchase protection today announced the launch of a new multi-channel advertising campaign centered around SureSale’s new brand ambassador…

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Added by Crystal Hartwell on August 12, 2019 at 10:03am — No Comments

SureSale Certified, the Gold Standard for Quality Used Vehicles and Purchase Protection, Expands to Louisville

SureSale enters the Louisville market with certified used vehicle program that offers consumers peace of mind and auto dealerships a turnkey vehicle certification program, including a free CAReport, 150-point inspection, 5-month, 5,000-mile warranty, and a 5-day exchange guarantee

Los Angeles, CA – July 15,…

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Added by Crystal Hartwell on July 15, 2019 at 12:00pm — No Comments

CULA Makes Vehicle Leasing Seamless For Credit Unions

New 'Seamless Lease Connection' from Credit Union Leasing of America streamlines the lease management process for credit unions and enhances the member experience

SAN…

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Added by Crystal Hartwell on July 11, 2019 at 11:00am — No Comments

Auto Dealership Buy/Sell Market Activity Up 38% in First Quarter 2019, Trending to Sixth Consecutive 200+ Transaction Year

 

Buy/sell market shows strong 2019 start with 54 completed transactions in Q1 2019, in spite of new vehicle sales slowdown; stability of dealership profitability and increase in sellers to market contributes to robust transaction activity; peaking real estate values and industry debt levels spike market risk, according to The Blue Sky Report® released by Kerrigan Advisors.

Irvine, CA – June 5, 2019…

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Added by Crystal Hartwell on June 6, 2019 at 8:21am — No Comments

Rplate, World’s First Digital License Plate and Winner of Best New Product Award, Featured at CONNECTIONS Conference May 21 - 23



Reviver demonstrates its award winning Rplate at Connected Car Corner, by InstallerNet, in San Francisco; Reviver also announced that the Rplate is the winner of a Best New Product Award from the 2019 American Business Awards



Foster City, CA – May 20, 2019 – Reviver’s Rplate, the world’s first digital license plate, will showcase  its…

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Added by Crystal Hartwell on May 20, 2019 at 7:40am — No Comments

Reviver Wins Best Smart Transportation Solution Award

Reviver’s Rplate receives award at 8th International Smart City Expo in Dubai

 

Foster City, CA – April 1, 2019 – Reviver, creator of the Rplate, the world’s first digital license plate platform, has been selected as a global leader for Smart License Plates and received the award for Best Smart Transportation Solution at the 8th International Smart City Expo in Dubai, UAE.  The 2019 Smart City Conference & Expo Awards recognize…

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Added by Crystal Hartwell on April 1, 2019 at 11:19am — No Comments

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…

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Added by Crystal Hartwell on March 19, 2019 at 8:57am — 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…

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Added by Crystal Hartwell on February 26, 2019 at 7:31am — 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,…

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Added by Crystal Hartwell on February 24, 2019 at 11:45pm — 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 for…

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Added by Crystal Hartwell on February 24, 2019 at 11:41pm — 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 global reach…

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Added by Crystal Hartwell on February 12, 2019 at 6:10am — 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…

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Added by Crystal Hartwell on January 24, 2019 at 1:20pm — 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…

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Added by Crystal Hartwell on January 23, 2019 at 7:30am — 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…

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Added by Crystal Hartwell on January 17, 2019 at 10:13am — 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)…

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Added by Crystal Hartwell on January 17, 2019 at 6:32am — 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…

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Added by Crystal Hartwell on January 7, 2019 at 11:04am — No Comments

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