December 2015 - Page 5 of 9 - Automotive Buy Sell Report

Nevada legislature special session to okay tax breaks for Chinese-backed EV maker

Posted By: Alysha Webbon: December 16, 2015In: Related News

The governor of Nevada called a special legislative session to okay tax breaks and other incentives for Faraday Future, a nascent electric vehicle company that has yet to show any products b... Read more

Santa Margarita Ford owner acquiring Toyota Scion dealership in California

Posted By: Alysha Webbon: December 15, 2015In: Transaction News

Jim Graham, owner of the Santa Margarita Ford dealership, is in the process of acquiring Santa Margarita Toyota Scion. Both are located in Rancho Santa Margarita, Calif. The deal is curren... Read more

Fed rate increase impact likely won’t hit consumers until at least 2017

Posted By: Alysha Webbon: December 15, 2015In: Related News

The Federal Reserve’s expected 0.25 percentage point — or 25 basis points — rate increase tomorrow won’t be felt by consumers, but steady rate increase will start to... Read more

China Grand Auto dealership group’s acquisition of majority share in Baoxin makes sense for both parties

Posted By: Alysha Webbon: December 14, 2015In: Related News

As this analysis points out, China Grand Automotive Services needs the luxury brand dealerships it acquired through the acquisition of 54 percent of Baoxin Auto Group’s shares. Howeve... Read more

Joe Duffy Motors in Ireland acquires Volkswagen auto dealership

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

The Joe Duffy Motors auto dealership group in Ireland has acquired its third Volkswagen dealership, reports the Independent here: Share this articleLinkedinFacebookTwitter Read more

Keating Auto Group acquires BMW, Hyundai, Mazda, Volkswagen dealerships in Texas

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

Keating Auto Group of Texas has acquired the Garlyn Shelton Imports group of dealerships in Bryan, Tex. including BMW, Mazda, Hyundai, and Volkswagen franchises and changed the name to Brazo... Read more

China’s Grand Auto dealership group acquires majority stake in Baoxin Group

Posted By: Alysha Webbon: December 11, 2015In: Transaction News

China Grand Automotive Services Inc., the country’s largest publicly-listed auto dealership group, has acquired 53.6 percent of Baoxin Auto Group Ltd, which distributes BMW and other l... Read more

Flow Auto Family in North Carolina acquires Honda dealership

Posted By: Alysha Webbon: December 11, 2015In: Transaction News

The Flow Automotive Family dealership group of Winston-Salem, N.C. has acquired Burlington Honda in Burlington, N.C. and changed the name to Flow Honda of Burlington, Triad Business Journal... 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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