Mike Schmitz, owner of Mike Schmitz Auto Group in Dothan, Ala. and also mayor of Dothan, will not acquire Ken Cox Ford in Troy, Ala. for undisclosed reasons, reports dothaneagle.com here: Sh... Read more
Self-driving cars are involved in slightly more accidents than those driven by humans but the accidents are not the self-driving cars’ fault and the accidents are not serious, say the... Read more
Five auto dealerships have changed hands in Dayton, Ohio this year, part of a nationwide consolidation trend, reports myDaytonDailyNews.com here: Share this articleLinkedinFacebookTwitter Read more
Jeff Schmitt Auto Group of Dayton, Ohio, has acquired family-owned Langs Chevrolet in Dayton and renamed it Jeff Schmitt Chevrolet East, reports the Dayton Daily News here: Share this articl... Read more
Publicly-listed Penske Automotive Group saw income from continuing operations in the third quarter rise 12.8 percent to $5 billion compared to the same quarter in 2014, and same-store retail... Read more
By Alysha Webb, editor and publisher Publicly-held dealership groups were once the only 800-pound gorillas in the dealership room, but privately-held dealership groups are becoming increasin... Read more
By Erin K. Tenner, Esq. When it comes to buying or leasing land connected to a dealership, I have seen just about everything that can go wrong, from an airplane crashing into a building shor... Read more
We all know that privately-held dealership groups are becoming more prominent in the automotive retail world. Along with that prominence, or perhaps a result of it, privately-held dealership... Read more
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