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Report: Slow Sales Aside, Auto Groups Outperform Market

Report: Slow Sales Aside, Auto Groups Outperform Market

Kerrigan Advisors analysts say the stock prices for America’s seven publicly traded dealership groups are outpacing the broader U.S. equity markets and could soar higher on lower interest rates and new trucks.

July 10, 2019

SAAR Holds at 17M as June Sales Slip

SAAR Holds at 17M as June Sales Slip

U.S. dealers sold 2.6% fewer new cars and light trucks in June than in the same month a year ago, but standout performances in key segments kept the seasonally adjusted annualized selling rate above 17 million for the second straight month.

July 3, 2019

KBB.com Lists Top 10 July 4 Offers

KBB.com Lists Top 10 July 4 Offers

Kelley Blue Book analysts have released their annual list of the top 10 sales and lease deals for new vehicles available during the holiday week.

July 2, 2019

Study: Top Sales Performers Are Active Listeners

Study: Top Sales Performers Are Active Listeners

A new Marchex study of 6,200 dealership sales conversations by Marchex finds the top 25% of performers listened actively, asked engaging questions, offered contact information, requested names, and were unfailingly polite.

June 28, 2019

IHS: Average Age of U.S. Vehicles Continues to Rise
321 Ignition Launches Millennial-Targeted Mobile Sales Platform
JD Power: Initial Quality Stalls After 4 Years of Acceleration
5 Tips for Dealer Success in Uncertain Times

5 Tips for Dealer Success in Uncertain Times

Build a foundation of returning sales and service customers that will withstand any downturn. Operations expert lists the five simple strategies you need to get the job done.

June 19, 2019

3 Steps to Scrub Your Customer Data and Sell More Cars
The Race Is On at Paragon Honda

The Race Is On at Paragon Honda

Dealer and long-distance runner Brian Benstock reflects on his nearly 40 years in the auto retail business, the challenges and opportunities in the New York market, and his efforts to drive his stores — and the industry — forward.

June 11, 2019

Dealer Sentiment ‘Remarkably Stable’ Despite Traffic, Profits
Kerrigan: Dealership Buy/Sell Activity Up 38% in Q1

Kerrigan: Dealership Buy/Sell Activity Up 38% in Q1

Despite headwinds threatening dealership profitability, Kerrigan Advisors’ first-quarter report indicates 2019 is trending toward another 200-plus transaction year for the auto retail buy/sell market.

June 7, 2019

Experian: Facing Higher Loan Amounts, Prime Buyers Go Used
Report: Car Buyers Prefer Full-Motion Walkarounds
SAAR Returns to 17M on Stronger May Sales

SAAR Returns to 17M on Stronger May Sales

U.S. dealers sold slightly fewer new vehicles last month than in May of 2018, but the annual forecast increased to 17.4 million units — thanks in no small part to strong fleet sales.

June 4, 2019