January 2015 - Automotive Buy Sell Report

New kinds of money coming to the dealership buy sell world say advisors

Posted By: Alysha Webbon: January 30, 2015In: Related News

From accounting firms to advisory firms, participants across the buy sell world are getting interest from new kinds of investors. But not all new investors are equal in the eyes of the manuf... Read more

Impact of off-lease units on used car demand not big, says Manheim economist

Posted By: Alysha Webbon: January 30, 2015In: Related News

Though leasing is very strong, off-lease units won’t dent demand for used cars because the U.S. economy is also strong, Manheim economist Tom Webb said at a press conference at NADA la... Read more

Tesla executive debates Texas auto dealers association president

Posted By: Alysha Webbon: January 30, 2015In: Related News

Tesla’s VP of communications and the president of the Texas Automobile Dealers Association both claimed that the other represented a monopoly at a debate in Texas, the Texas Tribune re... Read more

Washington state dealership drops Chevrolet franchise to focus on Subaru

Posted By: Alysha Webbon: January 30, 2015In: Related News

Koenig Chevrolet Subaru of Port Angeles, Wash., on Washington’s Olympic Peninsula, will soon be just Koenig Subaru. The dealership is dropping the Chevrolet brand to focus on Subaru, W... Read more

Sewell group to add four new German-brand luxury dealerships in Texas

Posted By: Alysha Webbon: January 30, 2015In: Transaction News

Sewell Automotive Companies will open two Audi, one BMW, and one Mercedes store in Texas. All are new points. These are the first BMW and Mercedes stores for Sewell, the Dallas Morning New... Read more

Sam Pack Auto Group to build Subaru dealership near Dallas, Tex.

Posted By: Alysha Webbon: January 29, 2015In: Related News

Sam Pack Auto Group in the Dallas-Ft. Worth area has purchased land to build a Subaru dealership. Sam Pack owns four Ford dealerships. This is is first Subaru store, reports Fort Worth... Read more

Know your real estate and tips for choosing a sale-ready DMS

Posted By: Alysha Webbon: January 28, 2015In: Editors Corner

What a difference a few years can make. NADA this year was festive and packed with people, including dealers, vendors, and providers of all variety of services. At the numerous summits, semi... Read more

Group 1 and Prestige Imports reach “amicable” settlement over Audi dealership

Posted By: Alysha Webbon: January 28, 2015In: Transaction News

Group 1 and Prestige Motor Car Imports have reached an “amicable and mutually beneficial” settlement in a dispute over Group 1’s acquisition of an Audi dealership from Pres... 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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