By Alysha Webb, Editor and Publisher What were the multiples on that deal? Here I am referring to that number that is used to estimate the value of a dealership taking into account various i... Read more
By Alysha Webb, Editor and Publisher John Jomehri had managed, and been part owner of, dealerships in Southern California for decades. He always envisioned owning his own store in the same... Read more
By Alysha Webb, Editor and Publisher What multiple is a particular brand’s dealership selling for? That is the question that the numerous reports on dealership buy sell attempt to answer. Bu... Read more
Group 1 Automotive Inc. has expanded its presence in Brazil with the purchase of a Mercedes-Benz dealership in Campo Grande, the capital of the Brazilian state of Mato Grossodo Sul. It is th... Read more
Group 1 Automotive Inc. has sold two luxury dealerships on Long Island and industry sources say the buyer was Florida-based Automotive Management Services Inc. Hassel BMW/Mini and Mercedes-B... Read more
The deal has not yet closed, but Sonic Automotive Inc. plans to acquire Hunt Nissan in Chattanooga, Tenn., according to Ken Hunt. Share this articleLinkedinFacebookTwitter Read more
By Alysha Webb, Editor and Publisher Family-owned dealerships changing hands again loom large in this week’s issue, but on two very different scales. The theme of familiarity and reputation... Read more
By Alysha Webb, Editor and Publisher The Russ Darrow Group of Menomonee Falls, Wisconsin recently acquired a Mazda dealership in northwest Milwaukee. It brings the Group’s Mazda store count... Read more
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