![]() ![]() “After high expectations shaped by over two years of record-breaking profit increases, dealers today are striking a more moderate stance as compared to last year’s bullish outlook. Kerrigan Advisor also mentioned the survey aligns with the second quarter report’s findings that blue sky values are becoming harder to assess with the impact of rising interest rates beginning to affect public auto retailer valuations and possibly leading to a softening in consumer demand. ![]() The firm highlighted the results show sentiments about the year ahead fall in line with industry consolidation trends, the high level of buy/sell activity, and record valuations, as reported in Kerrigan Advisors’ Second Quarter 2022 Blue Sky Report. The survey by Kerrigan Advisors questioned more than 600 dealers about their views on the future value of their businesses, as well as their perspectives on franchise valuations and acquisitions. ![]()
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