First Motor Group, the new vehicle division of Los Angeles-based Trophy Auto Dealership Group, has acquired Mercedes-Benz of Encino. This is the TADG’s first U.S. acquisition. h... Read more
Asbury Automotive Group CEO Craig Monaghan says over the next 18 months his groups aims to buy stores that add $500 million in revenue. Publicly-owned Asbury is the nation’s 7th large... Read more
Balise Motor Sales of Fairfield, Mass. has acquired Fairfield Hyundai, its first store in Connecticut. This is the third Hyundai store for Balise Motor. http://www.fairfield-sun.com/26731/b... Read more
Group 1 Automotive CEO Earl Hesterberg said in a conference call regarding third quarter earnings that he didn’t see opportunities for acquisitions right now because of high prices. Bu... Read more
By Alysha Webb, Editor and Publisher This publication has been highlighting the right of first refusal since we were launched earlier this year. Other automotive industry publications are fr... Read more
Leonard A. Bellavia, senior partner at Bellavia Blatt & Crossett P.C., has been working on dealership mergers and acquisitions for three decades. In that time he saw a manufacturer exerc... Read more
By Farid Ahmad, President, Dealer Solutions Canada The Canadian market is following the US with respect to the rate of consolidation. Many dealer groups are hungry to grow and acquire stores... Read more
The White Family Company, Dayton-area White-Allen’s parent company, has signed a deal to obtain two undisclosed dealerships in Colorado. Currently, the group owns dealerships in Ohio,... Read more
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