The Schumacher Family of Dealerships of West Palm Beach, Fla. has acquired a Volvo dealership from the Suburban Collection of Troy, Mich. The dealership, located in the West Palm Beach area,... Read more
Family-owned Joseph Auto Group of Cincinnati has acquired Northland Volkswagen. It is the first VW dealership for the group though it does own Porsche and Audi stores. http://www.cin... Read more
Steve Landers and Mark McLarty have launched a dealership group. They are looking to buy groups of stores, says Landers. Prefer southeast or south-central U.S. but no brand or location is of... Read more
Nick Saban and Joe Agresti, CEO of Dream Motor Group have acquired Crown Automobile Mercedes-Benz and Infiniti in Hoover, Ala. The stores will be known as Mercedes-Benz of Birmingham and Inf... Read more
Warren Buffett has turned his investor’s eye to automotive dealerships. His company, Berkshire Hathaway, announced it will buy family-owned Van Tuyl Group. Van Tuyl, based in Phoenix... Read more
Penske Automotive Group Inc. has acquired MTU Detroit Diesel Australia. The company distributes diesel and gas engines and power systems to New Zealand, Australia, and the Pacific and suppor... Read more
By Alysha Webb, Editor and Publisher When Michael Morais, president of Open Road Group, decided to buy an unprofitable Cadillac dealership in New Jersey, objectively that might seem a bad bu... Read more