By Oren Tasini, Attorney Car sales are predicted to hit 16.6 million units this year and continue to rise the next few years. Buy sell activity is red hot, with sky high multiples. Now is a... Read more
KBB sees February new vehicle sales rising 8 percent compared to the same month in 2014 to 1.29 million units, equating to a Seasonally Adjusted Annual Rate of 16.6 million units, says KBB i... Read more
Following in the heels of its top ranking by Consumer Reports, Lexus also tops the J.D. Power 2015 Vehicle Dependability Study, which looks at problems after three years of ownership. As in... Read more
The assets of Lund Cadillac in Phoenix, including lifts, car washes, tire machines and office furniture, will be auctioned off online beginning Wednesday, February 25 and repeating each Wedn... Read more
Miller Auto Group of Lebanon, New Hampshire, has sold the real estate of its Cadillac and Chevrolet dealership and will no longer operate the franchises, reports the Valley News here: Miller... Read more
A director at publicly-listed Group 1 Automotive has resigned, citing conflict of interest because of Berkshire Hathaway’s Van Tuyl acquisition, reports Automotive News here: Sh... Read more
Buick at 7th was the only U.S. brand to make it into the top ten in Consumers Reports annual ranking of reliability and performance. The GM brand beat BMW, which ranked 10th. Lexus again ran... Read more
Hoy Fox Automotive Group, based in El Paso, Tex. with seven franchises, has been split into two groups. The Hoy family will operate the Volkswagen and Mercedes-Benz stores and the Fox famil... Read more
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