Volkswagen AG will delay release of its 2015 results until it can fully determine the financial impact of the diesel emissions cheating scandal, Bloomberg reported in Automotive News here: S... Read more
H&H Automotive Group in Omaha, Neb. has acquired Market Automotive Group, also in Omaha, which includes BMW, Land Rover, Jaguar, and Mini Cooper franchises, reports Omaha.com here: Share... Read more
Publicly-listed Group 1 Automotive Inc. has divested itself of three dealerships on the East Coast representing $160 million in trailing twelve-month revenues, including Mercedes-Benz and Vo... Read more
Publicly-listed Group 1 Automotive Inc. acquired U.K.-based Spire Automotive Group, adding 12 dealerships in the greater London area, including Audi, BMW, Seat, Skoda, Volkswagen, and Jaguar... Read more
Napleton Automotive Group of Westmont, Ill. has acquired the St. Louis Maserati franchise from St. Louis Motorcars and will change the name to Napleton Mid Rivers Maserati and move the deal... Read more
Publicly-listed Asbury Automotive Group Inc. saw revenue rise nine percent in the fourth quarter of 2015 to $1.6 billion, and income from operations rise six percent, the group said in a pre... Read more
By Alysha Webb, Editor and Publisher Toyota Motor Co. today announced it was pulling the plug on its struggling Scion brand. While the income of the dealerships representing the youth-orient... Read more
By Richard Kotzen, CPA Sales of auto dealerships continue to accelerate, with a growing number of longtime dealers deciding to take advantage of today’s active merger and acquisition market.... Read more
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