Posts
VW Dealer Settlement Nearing Completion
By the time this article is published, we hope to have final approval of the settlement agreement between VW and its dealers with regard to VW’s use of defect devices in diesel vehicles resulting
Feb 1, 2017
Evolving with Disruptive Technology
More often than not, technology is the catalyst behind market disruption. From mobile apps used to summon a ride to the airport, to connected refrigerators that can order more eggs
Jan 17, 2017
Respecting Each Other’s Differences Builds Long-term Success
As owners or managers in the business, we often put a lot of pressure on ourselves to “do it all”. We like to own the work and too often, avoid delegating or mentoring others for fear
Jan 10, 2017
Entitlement – The Kiss of Death in a Family Business
Entitlement issues are rampant in family owned dealerships. It is a stealthy and dangerous disease that can have a widespread and prolific impact on our business culture, as well as at home.
Dec 2, 2016
Why Equal is Not Fair
“But I love all my kids equally and I want to treat them fairly!” exclaimed Ted, the exasperated business owner who was trying to figure out his estate plan. This sentiment is voiced over and over
Dec 1, 2016
Multiple of What?
Multiples, multiples, multiples. Dealers talk about blue sky multiples, a shorthand for valuation, all the time. And, Kerrigan Advisors publishes The Blue Report™, where we discuss the recent
Nov 7, 2016
Cadillac Pinnacle Program – The Epitome of a Discriminatory Factory Program
General Motors has announced its latest program to attempt to bring the Cadillac brand back to prominence. As usual, the factory has put substantial focus on dealership operation
Oct 21, 2016
Where Do You Fall in Your Dealership – Flintstones or Jetsons?
Think back to 2006. Think specifically about how technology has influenced our everyday lives. Do you remember what the business environment was like?
Oct 10, 2016
The (More) Important Role of the Capital Markets in Auto Retail Buy/Sells
The financial markets, and in particularly bank lending, play a particularly important role in today's buy/sell market. Certainly, macro-economic trends such as interest-rates, economic growth,
Sep 1, 2016