June 2014 - Automotive Buy Sell Report

Nebraska’s oldest Ford store changes hands; still privately-owned.

Posted By: Alysha Webbon: June 30, 2014In: Transaction News

Sid Dillon acquires Ford store in Ceresco, Nebraska from Doug Swanson, founder’s grandson. http://journalstar.com/business/local/state-s-oldest-ford-dealership-changes-hands/art... Read more

Group 1 sues Prestige Imports over deal gone bad; 1st time Group 1 has sued seller

Posted By: Alysha Webbon: June 26, 2014In: Related News

Group 1 is suing Prestige Imports of North Miami Beach after Prestige backed out of a $72 million deal to sell the Houston-based group an Audi store and nearby piece of land in North Miami B... Read more

Group 1 sues Prestige Imports after Prestige backs out of Audi store deal

Posted By: Alysha Webbon: June 25, 2014In: Transaction News

Group 1 is suing Prestige Imports of North Miami Beach after Prestige backed out of a $72 million deal to sell the Houston-based group an Audi store and nearby piece of land in North Miami B... Read more

Suburban Collection acquires two Cadillac dealerships in Michigan

Posted By: Alysha Webbon: June 25, 2014In: Transaction News

The Suburban Collection of Michigan has acquired Don Massey Cadillac in Plymouth, MI and Capitol Cadillac in Lansing, MI from Sonic Automotive. The Suburban Collection has now acquired seve... Read more

Rick Case alloted first Alfa dealership in Florida

Posted By: Alysha Webbon: June 25, 2014In: Related News

The Rick Case Automotive Group was awarded the first Alfa Romeo point in Florida. The Group will auction off a 2015 Alfa Romeo 4C at an unveiling event in August with the proceeds going to... Read more

Lithia buys DCH in massive M&A deal; DCH to keep management, name

Posted By: Alysha Webbon: June 17, 2014In: Transaction News

Oregon-based Lithia Motors will purchase New Jersey-based DCH Auto Group for a reported $340 million in cash and $22.5 million in stock. Lithia will keep DCH management and name. DCH operat... Read more

Swickard Corporation acquires Mercedes Benz of Wilsonville, OR

Posted By: Roberta Cuffinon: June 17, 2014In: Transaction News

MD Johnson, Inc. Advises Lithia Motors, Inc. on the Sale of Mercedes Benz of Wilsonville http://www.prweb.com/releases/2014/05/prweb11889399.htm Share this articleLinkedinFacebookTwitter Read more

Terme Bancorp forms auto group, aims to invest in Midwest dealerships

Posted By: Alysha Webbon: June 10, 2014In: Transaction News

Terme Bancorp, a holding company specializing in money services and consumer behavior initiatives, has entered the dealership business with the formation of Phoenix Auto Group and the purcha... Read more

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JAMOC LLC acquires Chrysler Dodge Jeep Ram auto dealership in California

Melvin Cooper acquires Mid Bay Chrysler Dodge Jeep Ram auto dealership in California

Melvin Cooper acquires Mid Bay Ford Lincoln dealership in California

Moving beyond “Good Enough” business performance

What justifies massive multiples for luxury auto dealerships?

The Park Place Dealerships sale may herald changes in buy sell market, says The Presidio Group

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