By Mark Counts, partner, Counts, Bonacci & Smith The dealer management system (“DMS”) contracts offered by the major DMS vendors require dealerships to commit to a fixed period of time,... Read more
California federal court ruled in favor of Chrysler Group LLC after being accused of giving a competing dealership an unfair advantage through vehicle discounts disguised as rent assistance.... Read more
The Suburban Group isn’t going for expansion nationwide. It is growing in its home state of Michigan. Nice overview of Suburban Group’s acquisition activity in 2014 as well as o... Read more
Jason Kuhn has acquired the former Jim Ellis Volkswagen of Marietta. The store is now called Kuhn Volkswagen of Marietta. This is the third Volkswagen store for Kuhn and first Volkswagen fr... Read more
Apparently the U.K. banks are keen to provide funding to dealerships to acquire new stores, based on comments in this story about Cox Motor Group acquiring another Honda store. http:/... Read more
By Alysha Webb, Editor and Publisher Recently I was talking with an executive at a state-level dealership association. He mentioned that he had been speaking with one of his dealer members,... Read more
By Leonard A. Bellavia, Esq., Bellavia Blatt & Crossett We have all seen the classified ads listing dealerships for sale containing the proscription “No Brokers” or “Principals Only.” Th... Read more
By Carl Woodward, CPA, Woodward & Associates Most dealerships will ultimately be sold. At the time of sale, or close to the closing of the sale, details the Seller has forgotten sometime... Read more
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