February 2016 - Page 4 of 8 - Automotive Buy Sell Report

Looking to learn from SoCal’s thriving market and due diligence on a marketing plan

Posted By: Alysha Webbon: February 17, 2016In: Editors Corner

New light vehicle registrations in Southern California grew by 11.3 percent in 2015 according to the California New Car Dealers Association, far outpacing the national growth rate of 5.2 per... Read more

Times, they are a’changin’: GM drops “powertrain” in favor of “propulsion systems”

Posted By: Alysha Webbon: February 17, 2016In: Related News

General Motors has changed the name of its Powertrain group to Global Propulsion Systems to better reflect industry trends, the automaker says in a press release here: Share this articleLink... Read more

Hanlees Auto Group of California to acquire Napa Chrysler Jeep Dodge Ram dealership

Posted By: Alysha Webbon: February 17, 2016In: Transaction News

Hanlees Auto Group in Davis, Calif. will acquire Napa Chrysler Jeep Dodge Ram dealership in Napa, Calif. after the dealership filed for Chapter 11 protection, reports Napa Valley Register he... Read more

Young Automotive Family of Michigan acquires Berger Motors Chevrolet Buick GMC dealership

Posted By: Alysha Webbon: February 17, 2016In: Transaction News

The Young Automotive Family of Lansing, Mich. has acquired Berger Motors Sales of Ionia, Mich, which has a Chevrolet Buick GMC dealership, reports mlive.com here: Share this articleLinkedinF... Read more

Bosak Auto Group of Indiana acquires Arnell Chevrolet Kia dealership in Burns Harbor

Posted By: Alysha Webbon: February 17, 2016In: Transaction News

The Bosak Automotive Group of Indiana has acquired Arnell Chevrolet Kia dealership in Burns Harbor, Ind. reports nwitimes.com here: Share this articleLinkedinFacebookTwitter Read more

Mike Shaw Auto Group in Texas acquires Buick GMC dealership

Posted By: Alysha Webbon: February 17, 2016In: Transaction News

The Mike Shaw Automotive Group of South Texas has acquired Stanley Bryan Buick-GMC dealership in Robstown, Tex. and plans $1 million in capital improvements, reports Corpus Christi Caller Ti... Read more

Weird auto styling no longer woos younger generation, who are now okay with mainstream

Posted By: Alysha Webbon: February 16, 2016In: Related News

Weird auto styling such as some Scion models, the Honda Element, and the Nissan Cube, may have lured younger buyers in the past but Generation Y, as today’s younger buyers are known, a... Read more

California challenges General Motors used car online sales portal calling it brokering

Posted By: Alysha Webbon: February 15, 2016In: Related News

The California New Car Dealers Association has challenged the certified used car online portal launched by General Motors, saying it appears to violate brokering laws and unfairly competes w... 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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