February 2015 - Automotive Buy Sell Report

Volvo’s 2014 operating profit up 17 percent on strong Europe, China sales

Posted By: Alysha Webbon: February 27, 2015In: Related News

Volvo’s 2014 operating profit rose 17 percent to 2.25 billion kroner ($271 million) on strong sales in Europe and China, reports Automotive News here: The company is in an investment... Read more

Volkswagen Group 2014 profit rises 8.8 percent but 2015 outlook cloudy

Posted By: Alysha Webbon: February 27, 2015In: Related News

Operating profits for the Volkswagen Group rose 8.8 percent in 2014 to 12.7 billion euros ($14.25 billion) as sales of Audi and Porsche surged. However, the automaker warned that 2015 could... Read more

Maryland’s Boyles Motors GM dealership to be acquired

Posted By: Alysha Webbon: February 27, 2015In: Transaction News

Boyles Motors of Maryville, Md., which includes Chevrolet, Buick, GMC, and Cadillac franchises is being acquired by Doug Meyer, who owns several other GM franchises, reports the Maryville D... Read more

New York’s West Herr Auto Group acquires second Nissan dealership

Posted By: Alysha Webbon: February 26, 2015In: Transaction News

New York’s West Herr Automotive Group has acquired a second Nissan dealership, Cappellino Nissan in Lockport, NY, reports the Buffalo News here: Share this articleLinkedinFacebookTwitt... Read more

Gen Z likes to drive cars not SUVs, prefers Ford, looks for fuel efficiency, study says

Posted By: Alysha Webbon: February 26, 2015In: Related News

It seems that the younger generation likes to drive after all. And they like to drive cars, not SUVs or trucks. Generation Z, those between the ages of 16 and 21, prefer small cars and like... Read more

Acquisitions main use of Lithia’s money as Q4 net income rises 50 percent

Posted By: Alysha Webbon: February 25, 2015In: Transaction News

Acquisitions will be the main use of its capital, Lithia Auto Group CEO Bryan DeBoer said in an earnings call, reports Automotive News here: Lithia’s fourth quarter net income rose 50... Read more

NADA 2015: Buffett, private equity and the importance of institutional knowledge

Posted By: Mark Johnsonon: February 25, 2015In: Contributors

By Mark Johnson, President, MD Johnson, Inc. The entry of Berkshire Hathaway into the automotive buy sell world has shone a bright light on the dealership world and ignited a frenzy of specu... Read more

The importance of an investor’s dealership knowledge plus getting your store sell-ready

Posted By: Alysha Webbon: February 25, 2015In: Editors Corner

Get ready for a lot of reading this week because both of our contributors had a lot to say on their subjects. First, Mark Johnson, who advises dealerships on buy sell deals, weighs in on a h... 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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