December 2014 - Page 3 of 5 - Automotive Buy Sell Report

Volkswagen dealership in Illinois acquired by Hawk Auto Group

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

Terry D’Arcy has sold his Volkswagen dealership in Joliet, Ill. to the Chicago-area Hawk Auto Group. D’Arcy will use the proceeds to grow business at his Buick-GMC and Hyundai de... Read more

Elway Group and Sonic Auto swap Cadillac and Chevy dealerships in Denver

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

In an unusual deal ,the John Elway Automotive Group and Sonic Automotive Group have swapped dealerships in the Denver area. The Elway group will take over Don Massey Cadillac in the Denver s... Read more

Asbury Automotive acquires Ford dealership in Ft. Worth, Texas

Posted By: Alysha Webbon: December 16, 2014In: Transaction News

Asbury Automotive Group has acquired its first store in Fort Worth, Tex., a Ford dealership. Previously known as Texas Motors Ford, the store will be rebranded David McDavid Ford. It gener... Read more

John Makoff acquires Ford Chrysler Dodge Jeep Ram dealership in Utah

Posted By: Alysha Webbon: December 12, 2014In: Transaction News

It has been reported to Automotive Buy Sell Report that John G. Makoff, doing business as Autofarm Group LLC., has acquired Community Ford Chrysler Dodge Jeep Ram in Price, UT. The seller w... Read more

Phil Smith Group in Florida acquires Mercedes Porsche Sprinter dealership in NC

Posted By: Alysha Webbon: December 12, 2014In: Transaction News

Phil Smith Automotive Group of Lighthouse Point, FL has acquired Mercedes-Benz Porsche Sprinter of Fayetteville, NC. The seller was T. Dixon Dickens. This was reported to Automotive Buy Sell... Read more

U.K.’s Vertu Motors acquires Nissan dealership in Halifax

Posted By: Alysha Webbon: December 11, 2014In: Transaction News

Vertu Motors, the sixth largest dealership group in the United Kingdom, has acquired a Nissan dealership in Halifax. The Group has some 108 franchises. http://www.am-online.com/news/... Read more

CARS eyes distant shores and a dealer starts to build his empire

Posted By: Alysha Webbon: December 10, 2014In: Editors Corner

Alysha Webb, Editor and Publisher Because I spent more than a decade in China, much of that reporting on China’s automotive industry, I have a bit of a soft spot for buy sell stories with an... Read more

With infusion of capital CARS looks internationally for growth opportunities

Posted By: Alysha Webbon: December 10, 2014In: Contributors

Capital Automotive, better known as CARS, provides real estate capital to dealers through the acquisition and leaseback of automotive real estate. In October of this year it was acquired by... 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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