New-vehicle sales are expected to decline 4 percent year-over-year to a total of 1.52 million units in August 2015, resulting in an estimated 17.2 million seasonally adjusted annual rate (SA... Read more
Edmunds.com, the premier destination for car shopping, forecasts that 1,538,958 new cars and trucks will be sold in the U.S. in August for an estimated Seasonally Adjusted Annual Rate (SAAR)... Read more
Bill Estes Auto Group of Indianapolis has acquired the Jagger Chevrolet Buick GMC dealership in Lebanon, Ind. and now owns two-thirds of the new car dealerships Lebanon, reports recorder.net... Read more
Blake Underriner, managing partner of Walla Walla Valley Honda in College Place, Wash. will acquire Cascade Auto Group’s Klamath Falls Honda and Subaru dealerships and build a new Hon... Read more
Napleton Automotive Group of Oak Lawn, Ill. has acquired an Infiniti dealership in Augusta, Ga. and will soon close on six more acquisitions, reports The Augusta Chronicle here: Share this a... Read more
This week’s issue is all about arriving at a dealership’s value. First, Don Ray, who has graced our pages many times, looks at the concept of the Multiple. Multiples, or Blue Sky Multiples a... Read more
By Don E. Ray, Portfolio Reinsurance I get asked this question all the time: What is the Multiple for brand X? The reality is that that is an impossible question to answer. Many people consi... Read more
By Stephen Bethel, National Director, Frazier Capital Valuation Deciding on the value is the first step in getting ready to sell a business, including auto dealerships. If you are a buyer, u... Read more
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