May 2015 - Page 6 of 9 - Automotive Buy Sell Report

Consider your goals and a buyer’s characteristics when you want to sell your dealership

Posted By: Adam Sanderson: May 13, 2015In: Contributors

By Adam Sanders, Moss Adams LLC. The automotive dealership market has risen to historic levels over the past few years, providing an opportunity for dealers to consider a transition. Dealers... Read more

The Deal on Wheels: Be ready for potential problems in a location change

Posted By: Joseph S. Aboyounon: May 13, 2015In: Contributors

By Joseph S. Aboyoun, Esquire A dealership acquisition involving the relocation of a dealership can present special considerations, including a challenge by another dealer or a factory chall... Read more

Rendez-Vous Hyundai in New Brunswick, Canada acquired by local dealer

Posted By: Alysha Webbon: May 13, 2015In: Transaction News

Rendez-Vous Hyundai in Grand Falls in the Canadian province of New Brunswick has been acquired by Donald McClure, owner of a nearby Toyota dealership. This is McClure’s second dealers... Read more

IndiGO Auto Group acquires Porsche franchise in St. Louis, Missouri

Posted By: Alysha Webbon: May 12, 2015In: Transaction News

Houston-based IndiGO Auto Group has acquired the Parktown Porsche franchise in St Louis, Mo. from Steve King of Parktown Imports, a deal which was facilitated by MD Johnson Inc., reports E... Read more

U.K.’s Cambria auto group acquires Land Rover dealership from T.H. White

Posted By: Alysha Webbon: May 12, 2015In: Transaction News

The U.K.’s Cambria Automobile Plc. has acquired a Land Rover dealership in Swindon in the U.K. from the T.H. White Motor Vehicles group, reports the Swindon Advertiser here: Share thi... Read more

IndiGO Auto Group to build McLaren dealership in Rancho Mirage, Calif.

Posted By: Alysha Webbon: May 12, 2015In: Related News

Houston-based IndiGO Auto Group has acquired a McLaren franchise and will build a showroom to house the British luxury performance car at its Desert European Motors dealership in Rancho Mira... Read more

No replacement for GM’s dealership image program announced

Posted By: Alysha Webbon: May 11, 2015In: Related News

Dealerships are waiting to see if there is a replacement for GM’s Essential Brand Elements program, which has added millions to dealership’s bottom line and is set to expire next... Read more

Combined Honda Toyota dealership opens in Seattle

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

A combined Honda and Toyota dealership has opened in Seattle with independent showroom and service departments for each brand in the same building, reports the Daily Journal of Commerice her... 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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