The auto lending industry is undergoing a significant digitization evolution, driven by advancements in technology and the increasing demand for efficiency and accuracy. Digitizing back-end document workflows, particularly through the integration of

Did you really think it was over? I think Act Two is about to happen for dealers and CDK Global. From the very beginning when the CDK Global hack was made public, I said there was going to be more to it. That just isn’t the way these hackers opera

Transaction of auto dealerships continue to break records with 2024 expected to exceed 400 transactions, according to the latest quarterly report from Kerrigan Advisors. In the first quarter of 2024, there were 109 completed dealership transactions c

Toomey Sells Two Texas Dealerships Kerrigan Advisors represented the Toomey family in the sale of Alamo Toyota in San Antonio to Shottenkirk Auto Group and Tejas Toyota in Houston to Vaughan Automotive. “My family is proud of our legacy of successf

One of the most significant benefits that artificial intelligence (AI) promises for dealership employees is the elimination of repetitive tasks. For example, consider all the steps associated with a service lane check-in. If AI eliminates just a few

A recent review of auto dealerships found that while profitability for the average U.S. auto dealership remains well above pre-2020 levels, the profit erosion from pandemic highs accelerated to start the year. The findings are part of Presidio Perspe

The term “digital native” describes people who were practically born with smart devices in their hands and have grown up consistently using technology for communication and information gathering. This tech-savvy consumer group mainly comp

Federal regulators have placed a bullseye on “junk fees,” targeting auto finance and other industries with a consistent drumbeat of enforcement actions, rules, and supervisory actions. Consumer Financial Services Protection (CFPB) Director Rohit

The sales team is the cornerstone of a dealership’s success, driving revenue and shaping customer experiences. According to a study by NCM Associates and the Pareto Principle, 20 percent of sales reps generate 80 percent of sales, underscoring