February 2015 - Page 8 of 10 - Automotive Buy Sell Report

Nissan brings in Mexican dealership groups to reach Hispanic consumers

Posted By: Alysha Webbon: February 10, 2015In: Related News

Nissan has been awarding dealerships to dealership groups based in Mexico as part of a plan to reach U.S. Hispanic consumers, Automotive News reports here: Share this articleLinkedinFacebook... Read more

Publics undeterred in acquisition plans despite rising dealership prices

Posted By: Alysha Webbon: February 09, 2015In: Transaction News

The publicly-owned dealership groups intend to continue their acquisitions despite rising prices. Indeed, not all see the prices as too high, Automotive News reported here: Share this articl... Read more

Penske raises profile of U.S. commercial vehicle dealerships

Posted By: Alysha Webbon: February 09, 2015In: Related News

Penske Automotive Group has renamed its commercial vehicle business Penske Commercial Vehicles U.S. and appointed a commercial vehicle veteran to lead the division, the Group announced in a... Read more

Bert Ogden Auto Group adds new Toyota dealership in south Tex., plans more growth

Posted By: Alysha Webbon: February 09, 2015In: Related News

The Bert Ogden Auto Group has opened a new Toyota dealership in Harlingen, Tex., the Brownsville Herald reported here: The new dealership is adjacent to three of the Group’s other roof... Read more

Chicago-area Volvo dealership being sold but some have concerns over loan

Posted By: Alysha Webbon: February 08, 2015In: Transaction News

Autobarn of Evanston is in negotiations to acquire Oak Park Volvo, a Chicago-area dealership. The deal is for both the franchise and the real estate, the Pioneer Press, part of the Chicago T... Read more

Mitsubishi said talking to Nissan about Galant replacement

Posted By: Alysha Webbon: February 06, 2015In: Related News

Mitsubishi is rumored to be talking with Nissan about producing a mid-sized sedan to replace the aging Galant, a Nissan source said. Mitsubishi shelved talks with Nissan partner Renault, Au... Read more

Chrysler-Jeep store in Ontario, Canada sold to team including GM dealership owner

Posted By: Alysha Webbon: February 05, 2015In: Transaction News

Since 1983, McLaughlin Chrysler Jeep has been selling and servicing vehicles in Mitchell, Ontario Canada and the surrounding area. The owners, David and Donna-Lynn McLaughlin have decided t... Read more

GMC to add to its portfolio, says exec. Could another CUV be a good fit?

Posted By: Alysha Webbon: February 05, 2015In: Related News

Duncan Aldred, U.S. vice president, Buick-GMC, tell Wards Auto that GMC will as at least one more model to its mix. Wards predicts it will be another CUV, here: Share this articleLinkedinFac... 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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