It was the best of times, it was the worst of times, Charles Dickens writes in “A Tale of Two Cities.” For dealerships, this likely seems like the best of times, coming off a record year for... Read more
By Kenneth R. Rosenfield, CPA These days, most dealership acquisitions are via the purchase of assets. Even back in the “glory days” of the first consolidations, many of the institutional an... Read more
Napleton Automotive Group of Oak Lawn, Ill. has filed a racketeering (RICO) lawsuit against FCA, the company that owns the Chrysler brand, related to an FCA incentive program, reports the C... Read more
Cannon Motors of Mississippi has acquired Chandler Nissan of Oxford, Miss., the third Nissan dealership for Cannon, reports The Oxford Eagle here: Share this articleLinkedinFacebookTwitter Read more
By Gus N. Paras, attorney, The Scali Law Firm In our experience, buy sell agreements often involve the purchase of the dealership real estate. If that is the plan, there are some important c... Read more
Change — in the form of new business models and new technology — is inevitable in the auto industry and automakers — including Audi — should embrace those trends and... Read more
A recently-released study by IBM found that while 67 percent of those surveyed thought it was important to buy a vehicle from a dealership, 42 percent would consider alternative forms of veh... Read more
Internet giant Google does want to partner with auto industry companies to produce its autonomous vehicles but wants to make sure the AVs are truly ready before actually selling them to cons... Read more
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