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Interview with Hitchcock Automotive

Interview with Hitchcock Automotive

Hitchcock Automotive sold its remaining three Toyota dealerships in February 2022 after the passing of its legendary founder, Frederick “Fritz” Hitchcock. Toyota of Santa Barbara and Northridge sold to Van Tuyl Companies and Puente Hills Toyota sold to Kaminsky Automotive. Kerrigan Advisors represented Hitchcock Automotive in the sale and had the opportunity to interview Ted …

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How the car dealership buy-sell market could shift in the next year

How the car dealership buy-sell market could shift in the next year

There may never be the perfect time to sell your dealership. Dealer principals who consider selling are motivated by many reasons; some are related to market conditions and others related to personal goals. Thus, it is rare in our industry to find a dealer who is 100 percent certain that (a) selling is the best …

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AutoNation: ‘Great’ if you worked for us

AutoNation: ‘Great’ if you worked for us

The nation’s largest new-vehicle retailer has begun a multimillion-dollar advertising campaign aimed not at car shoppers, but at potential employees. AutoNation’s “Go Be Great” campaign began airing on TV networks including ESPN, CNBC and NBC last week, ahead of the Indianapolis 500 race on Sunday, May 29. AutoNation is a sponsor of Indy 500 driver …

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Nissan tells dealers to stop taking orders for the Ariya EV

Nissan tells dealers to stop taking orders for the Ariya EV

TOKYO — Nissan Motor Co. has stopped taking U.S. preorders for its new Japanese-built Ariya electric crossover, as the critical EV launches into an industry beset by supply chain mayhem. Nissan COO Ashwani Gupta said it is better to limit orders to what can realistically be delivered in a timely manner rather than potentially aggravate …

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2023 Integra to be Acura’s last gasoline-powered new vehicle

2023 Integra to be Acura’s last gasoline-powered new vehicle

While Acura speeds toward an all-electric future, it’s first putting some emphasis on what will be the brand’s last gasoline-powered new vehicle: the return of the Integra as a 2023 model. That’s because premium Acura needs to fill the void left by its more conservative entry-level ILX compact sedan and grab the last remaining millennial …

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What Is an Airdrop in Crypto?

What Is an Airdrop in Crypto?

increation87/Shutterstock.com Blockchains and cryptocurrencies continue to challenge traditional ideas around finance. Project developers have leveraged these innovations by introducing new ways to market and advertise. Airdrops are one of these recent developments that help promote cryptocurrencies. What Is an AirDrop? An airdrop deposits free cryptocurrency into wallets of early adopters. Investors that purchase a cryptocurrency …

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