Todd Wenzel Auto Group of Grand Rapids, Mich. has acquired Red Holman Buick GMC dealership in Westland, Mich. and plans to renovate the store and add staff, reports MiBiz here: Share this ar... Read more
Olympic Motors dealership group in Regina, Saskatchewan, owned by Tom Glenn, has acquired Magic Honda in Brooks, Alberta, Canada. Magic Honda owners Kent Baker and Gord Deblasio decided to s... Read more
Two Detroit-area Fiat Chrysler dealerships that were closed during the automaker’s bankruptcy reorganization have reopened after a lengthy legal battle, reports Automotive News here: S... Read more
Eric Kahn, owner of Friendly Auto Group in Poughkeepsie, N.Y. has acquired Feder’s Acura in Middletown, N.Y., reports The Hudson Valley News Network here: Share this articleLinkedinFac... Read more
We all know the buy/sell market is hot, hot, hot right now. Competition to acquire dealerships in key markets is intense. This week, I write about the new owner of a dealership that consider... Read more
Alam Khan never thought of himself as a desert dweller or a small-town auto dealers. But the new owner of Diamond Hills Chevrolet Buick GMC is now both. Khan figures to boost business at his... Read more
By Loyd H. Rawls, The Rawls Group Seventy-five percent of family businesses — especially highly demanding automobile dealerships — do not have the 4Cs of Successorship. Capable,... Read more
November new retail vehicle unit sales at publicly-listed AutoNation Inc. fell by six percent compared to the same month in 2014 to 25,555 units, the group reported in a press release here:... Read more
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