Motor Trader

MAY 31, 2024

Aston Martin has selected Lloyds Banking Group as its retail finance provider for UK vehicle sales. The new partnership will operate as Aston Martin Financial Services, the registered trading name of Lloyds Banking Group’s motor finance business, Black Horse. The partnership will support Aston Martin’s growth.

Banking 98

Banking Finance Retail Customer 98

CarExpert

NOVEMBER 22, 2024

Toyota Australia is keen to reclaim the large SUV sales crown it will lose to the Ford Everest for the first time this year, and it’s well on the way with a solid order bank and an even bigger number of new-generation LandCruiser Prado 250 Series vehicles on their way Down Under in the next 12 months.

Banking 98

Banking Retail Deal Sales 98

Best Selling Cars Blog

APRIL 26, 2024

Toyota For reference Toyota retail sales are down -17.1% Only just over a year after its launch in the country, Smart is struggling already with retail sales down -72.1% The #5 could hopefully be a game changer for the brand and it certainly looks the part, banking on the production version being quite close to the concept.

Retail 246

Retail Banking Manufacturing Sales 246

Motor Trader

APRIL 23, 2025

The National Association of Motor Auctions reported that electric vans in particular are not performing as strongly as ICE counterparts taking seven days longer to find a retail buyers. In the lead up to the Easter bank holiday weekend, we saw stability in the wholesale market but there are signs of some light market deflation.

Banking 76

Banking Retail Marketing Buyer 76

Dealer World

DECEMBER 19, 2024

Since its founding in 2014, the firm has led the industry with the sale of over 280 dealerships representing over $9 billion in client proceeds, including the third largest transaction in auto retail history the sale of Jim Koons Automotive Companies to Asbury Automotive Group. To access The Kerrigan Index, click here.

Sales 88

Sales Retail Banking Finance 88

Dealer World

DECEMBER 16, 2024

We are honored to continue to support the Bohn family, this time in the sale of their Hyundai Genesis dealership, a transaction that, again, underscores the enduring strength of the auto retail market in the South, said Gabe Robleto, Senior Vice President, Sell-Side Advisory at Kerrigan Advisors. To access The Kerrigan Index, click here.

Automotive 88

Automotive Retail Sales Dealerships 88

Call Revu

FEBRUARY 28, 2025

Not surprisingly, only 37% of auto retailers are confident in the current protection, which is a 21% decrease from 2021. Financial Data: Credit card details, bank information, and credit scores for financing applications.

Dealerships 63

Dealerships Retail Banking Finance 63

Dealer World

FEBRUARY 24, 2025

Additionally, Greensburg serves as a key retail hub for the region, featuring the Westmoreland Mall, a newly opened casino, 22 automotive franchises, and an affluent population that spends 4.2 average on retail sales annually. times the U.S. To access The Kerrigan Index, click here.

Automotive 75

Automotive Retail Sales Banking 75

Motor Trader

MAY 14, 2024

Renault Retail Group, the factory owned dealer business, turned in pre-tax losses of £1.7m The group, which reports into the Renault Retail Group head office in Paris, saw its new car sales rise 18% to 14,242 units for the year. Renault Retail Group is aiming to return to an average net profit on sales of 1% by 2025.

Retail 59

Retail Banking Sales 59

AutoSuccessOnline

APRIL 28, 2025

The toolkit empowers retailers by providing ready-to-use and customizable resources. Continuous Monitoring and Updates The Banks Report and AUTOVATE, divisions of DAS Technology, monitor the ever-changing policies and government announcements. It streamlines market communications and positions dealers as trusted sources.

Banking 52

Banking Dealerships Technology Retail 52

Motor Trader

FEBRUARY 6, 2025

The Bank of England (BoE) has confirmed that interest rates will be cut to 4.5% Sue Robinson, Chief Executive of the National Franchised Dealers Association (NFDA), representing car and commercial retailers across the UK commented: The Bank of England has reduced interest rates further to 4.5%, following cuts in August and November last year.

Banking 52

Banking Insurance Retail Dealerships 52

Motor Trader

FEBRUARY 7, 2025

The Bank of England (BoE) has confirmed that interest rates will be cut to 4.5% Sue Robinson, chief executive of the National Franchised Dealers Association (NFDA), representing car and commercial retailers across the UK said:The Bank of England has reduced interest rates further to 4.5%, following cuts in August and November last year.

Banking 52

Banking Retail Automotive Term 52

AutoSuccessOnline

MARCH 3, 2025

She has held various leadership roles on the retail side of the business as well as in the banking industry with Truist Bank, Wells Fargo and Bank of America, where she gained extensive experience in product implementation, operations management and customer service. Bryant has been with Cox Automotive since 2017.

Banking 52

Banking Retail Management Customer 52

Dealer World

JULY 29, 2024

The survey offers a candid, on-the-ground view of auto retail’s opportunities and challenges in the near and medium term,” said Erin Kerrigan, Founder and Managing Director of Kerrigan Advisors. The results underscore the continuing evolution of the auto retail marketplace, particularly regarding the demand challenges associated with EVs.

Retail 92

Retail Sales Sales Goals Modification 92

Canadian Auto Dealer

APRIL 16, 2025

What were seeing happening on the ground: OEMs are quietly pulling back incentives; Fleet and rentals are being deprioritized; and Retail inventory remains strained, especially in high-demand categories like trucks and SUVs. The major Canadian banks are forecasting a buoyant Canadian dollar heading into the back half of the year.

Banking 59

Banking Retail Manufacturing Term 59

Carscoops

SEPTEMBER 25, 2024

It appears to be another digital retailing tool at the moment and probably not top tier. They still haven’t set up a situation where the dealer can deal with multiple banks or work on trades, so I think more will come.” . “What I am hearing right now is that the dealers are frustrated.

Sales 119

Sales Retail Banking Deal 119

Motor Trader

OCTOBER 24, 2024

The group won nine distribution contracts in the full year 2024, including five in H2 and said its balance sheet had been strengthened by the disposal of its UK retail business. This story continues at Inchcape sees ‘robust’ performance in Europe as order bank unwinds Or just read more coverage at Motor Trader

Banking 52

Banking Retail Automotive Development 52

AutoSuccessOnline

JUNE 18, 2024

The Reynolds and Reynolds Company announced the official details for its Reynolds Retail Summit: Amplify 2024. It seeks to foster an environment where attendees explore collaboration and innovation as the retail automotive industry pushes forward into the future. course at the Lansdowne Resort.

Retail 52

Retail Banking Automotive Dealerships 52

Auto Remarketing

MARCH 14, 2025

As part of its inaugural Automotive Intelligence Awards, Cherokee Media Group is honoring a select group of outstanding auto industry analysts for their contribution to the knowledge base of the used-car retail, finance and remarketing industries.

Automotive 52

Automotive Banking Retail Finance 52

Motor Trader

APRIL 26, 2024

Derren Martin, director of valuations at cap hpi, said: “The market feels healthy, but a number of retailers have expressed that demand is slightly below where they had hoped and budgeted for, after a robust first quarter. Values at the one-year age point fell by 1.3%, at five years values fell by 2.0%

Banking 110

Banking Retail Marketing 110

Motor Trader

AUGUST 2, 2024

In the second half of the year, the new Government must show its commitment to the automotive retail sector and stimulate private demand for the ZEV mandate targets to be met. And at the coalface of the industry, he sees more retail customer demand for hybrids than full EVs. So, where now? Or just read more coverage at Motor Trader

Retail 64

Retail Sales Banking Term 64

Auto Remarketing

FEBRUARY 6, 2024

Sure, franchised dealer used-vehicle sales in 2023 fell 7% compared to the previous year and used retail prices declined 3%. Nonetheless, it wasn’t such a bad year for the used market, and 2024 won’t be so bad either, Jonathan Banks, J.D. Power vice president of product development, valuation services, said during the J.D.

Banking 98

Banking Sales Retail Development 98

Motor Trader

AUGUST 12, 2024

Motor investment firm Cambria Private Capital has welcomed the Bank of England’s decision to cut interest rates to 5%. It said OEMs continue to navigate the pressures of the Zero Emission Vehicle (ZEV) mandate amidst weak retail demand.

Financing Costs 104

Financing Costs Banking Retail Finance 104

Carscoops

FEBRUARY 28, 2024

It sold for more than double its MSRP, fetching over $120,000 above retail price, to Porsche of South Orlando. It could also be a big boom to the seller’s bank account in terms of profit. A Tesla Cybertruck recently popped up for sale over on the Cox Automotive’s wholesale site, Manheim.

Buyer 119

Buyer Banking MSRP Retail 119

Dealer World

DECEMBER 10, 2024

The buy/sell market remained robust in the third quarter, hitting new records as the largest buyers leveraged their strong balance sheets and solid banking relationships to add further scale to their enterprise. For example, despite recent declines in cash flow, the publics have a near record amount of capital available at $7.15

Banking 89

Banking Retail Dealerships Marketing 89

Canadian Auto Dealer

MARCH 10, 2025

Canadian auto dealer reached out to key lenders who serve the automotive retail industry to get a sense of their outlook and plans for dealers in 2025 B ankers, like most business leaders, like certainty. Grant Simons, VP & Head, RBC Automotive Finance RBCs Grant Simons said the bank is feeling optimistic about 2025.

Banking 95

Banking Pre-Qualify Finance Deal 95

Motor Trader

OCTOBER 29, 2024

Legal firm MILS has issued guidance to dealers on motor finance Discretionary Commission Claims, a huge issue for the retail sector in the light of the Court of Appeal ruling.

Finance 98

Finance Banking Retail Deal 98

Dealer World

SEPTEMBER 18, 2024

The retailer is committed to changing lives through high-performance and values-led dealerships. Led by CEO Matthew Phillips, Car Pros is shaping the future of automotive retail: Franchise, professional, tech-savvy, values driven, and people focused.

Retail 89

Retail Women Banking Dealerships 89

Dealership News

JANUARY 19, 2023

Miami (January 17, 2023) — The Federal Reserve Bank of Atlanta announced the appointment of Rita Case to the Miami Branch Board of Directors. A 2022 Horatio Alger Award recipient, Case is president and CEO of Rick Case Automotive Group in Sunrise, Florida, the nation’s largest retail automotive group that is owned and operated by a woman.

Banking 52

Banking Automotive Retail Dealerships 52

Dealer World

JUNE 11, 2024

Led by a team of veteran industry experts with backgrounds in investment banking, private equity, accounting, finance and real estate, Kerrigan Advisors does not take listings, rather they develop a customized sales approach for each client to achieve their personal and financial goals. To access The Kerrigan Index™, click here.

Retail 94

Retail Sales Dealerships Banking 94

Drive.com

JUNE 13, 2024

Nearly two in every five new cars sold in Australia is bought by an ABN holder and considering the end of the financial year typically the biggest retail period in the automotive calendar, Drive is helping small business owners and tradespeople get the most value out of their working wheels.

Banking 98

Banking Retail Finance Marketing 98

Dealer World

AUGUST 12, 2024

Since its founding in 2014, the firm has led the industry with the sale of over 275 dealerships representing nearly $9 billion in client proceeds, including the third largest transaction in auto retail history – the sale of Jim Koons Automotive Companies to Asbury Automotive Group. To access The Kerrigan Index™, click here.

Retail 88

Retail Banking Finance Dealerships 88

AutoSuccessOnline

MARCH 5, 2024

Sansone, a second-generation car dealer with a diverse portfolio including dealerships, technology and banking companies, shares his journey and the innovative approaches he’s taken to enhance his businesses and contribute positively to the community.

Banking 98

Banking Retail Finance Dealerships 98

Dealer World

AUGUST 13, 2024

Asbury Automotive Group is one of the largest automotive retailers in the United States, with $14.8 The firm also releases monthly The Kerrigan Index™ composed of the seven publicly traded auto retail companies with operations focused on the US market. To access The Kerrigan Index™, click here.

Automotive 89

Automotive Sales Retail Banking 89

Dealer World

JUNE 17, 2024

Northwest CDJR, owned by Ken Garff Automotive Group since 2007, is located in the high-volume Northwest Houston auto retail market with a uniquely large market area for the franchises. The firm also releases monthly The Kerrigan Index™ composed of the seven publicly traded auto retail companies with operations focused on the US market.

Automotive 94

Automotive Retail Sales Dealerships 94

CarExpert

OCTOBER 24, 2024

Scout Motors says retail prices will start under US$60,000 (~A$90,000), not including government incentives. Under the touchscreen is a bank of toggle switches and knobs for the climate control. Designed and engineered in Michigan, Scout Motors says its first vehicles are thoroughly American.

Banking 119

Banking Bump Retail Deal 119

Dealer World

DECEMBER 12, 2024

Audi of New Orleans is ideally located off the heavily trafficked North Causeway Boulevard near Lake Pontchartrain, a major New Orleans retail area with state-of-the-art real estate. The firm also releases monthly The Kerrigan Index composed of the seven publicly traded auto retail companies with operations focused on the US market.

Automotive 89

Automotive Retail Sales Banking 89