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Hyundai's Chung inducted into Automotive Hall of Fame

Hyundai's Chung inducted into Automotive Hall of Fame
tradearabia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tradearabia.com Daily Mail and Mail on Sunday newspapers.

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Chung Mong-koo becomes first Korean inducted into Automotive Hall of Fame

Chung Mong-koo becomes first Korean inducted into Automotive Hall of Fame
koreatimes.co.kr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreatimes.co.kr Daily Mail and Mail on Sunday newspapers.

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Hyundai Motor Group Honorary Chairman Mong-Koo Chung Inducted Into Automotive Hall of Fame

Hyundai Motor Group Honorary Chairman Mong-Koo Chung Inducted Into Automotive Hall of Fame
theautochannel.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theautochannel.com Daily Mail and Mail on Sunday newspapers.

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Auto Dealership Buy/Sell Market Continued to Soar in Q3, with Record Valuations

Auto Dealership Buy/Sell Market Continued to Soar in Q3, with Record Valuations
IRVINE, Calif. After rebounding dramatically in the second quarter of 2020, the auto dealership buy/sell market continued to soar in Q3, putting it on track to surpass 2015’s record transaction numbers, according to the just-released Third Quarter 2020 Blue Sky Report
® by Kerrigan Advisors. With a flurry of mega dealer transactions, and high dealership earnings, blue sky values shot to unprecedented levels during the quarter.
“As we predicted, there was no softening of this record-breaking market,” said Erin Kerrigan, Founder and Managing Director of Kerrigan Advisors. “A 94% year-over-year rise in dealership earnings in Q3 was driven by higher vehicle gross profit margins, reduced operating expenses, limited inventory (which drove up prices), and increased operational efficiency. This created a perfect storm for a white-hot buy/sell environment, one that we predict will surpass ....

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