Thursday, October 21, 2021
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Dealership M&A activity reaching feverish pace in third quarter

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For all of 2021, dealership sales, group mergers, and acquisitions have been occurring at a pace that defies convention. These profit centers have the ability to continue generating for the foreseeable future, yet more dealership sales are being reported in recent weeks than ever before. Group 1 Automotive has acquired Capital City Honda in Sacramento, […]
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How Market Scan’s Jenn Reid is helping car dealers embrace...

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Many of us go to college with a plan in mind for most things, except how we are going to pay off our student loans. For Jenn Reid, student loans were not an option so she sold vehicles to pay for her education before eventually moving to the financial side of the automotive industry.  Since […]
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Kerrigan

M&A expert Erin Kerrigan breaks down industry outlook for the...

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The 2021 market has been hot, but how long will it stay that way? On today’s show, we’re pleased to welcome Erin Kerrigan, Founder and Managing Director of Kerrigan Advisors. Kerrigan begins the conversation by discussing the buy/sell market. Just when you think it can’t get any better, it continues to surprise us all, says […]
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Tesla

Tesla temporarily suspends Bitcoin purchases due to carbon energy use

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Tesla’s outspoken CEO – or Technoking – Elon Musk has announced the EV carmaker has “suspended vehicle purchases using Bitcoin”. It comes barely more than three months after Tesla purchased $1.5 billion US in Bitcoin as a digital asset on Feb 8, 2021. The decision to withdraw the world’s most well-known cryptocurrency from the ways […]
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private equity firms

How Mark Wahlberg and Private Equity Firms Are Shaking Up...

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If you’re looking to buy a Chevy from Mark Wahlberg, go ahead and make a visit to Columbus, Ohio, where he is now including automotive sales in his numerous business ventures. The auto sector is a far jump from Wahlberg’s days as rapper “Marky Mark” in the early 1990’s, but it’s a smart move seeing […]
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car buying

The Move Toward Digital Transactions: 4 Ways Dealers Can Embrace...

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According to a study by ACI Worldwide, 56 percent of bills were paid online in 2016. Over 50 percent of Millennials, Gen Xers, and Baby Boomers all participated in digital bill pay. The world has shifted from paper transactions and paying by snail mail to E-signatures and digital documentation. Digital transactions have created a world […]
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