I talked with a dealer in California this morning who has just acquired six new franchises. He bought them from someone he had known for decades, and Peter Blackstock, who acquired the new f... Read more
By Joseph S. Aboyoun, Esquire The price negotiations in a buy-sell do not end with the establishment of the blue sky amount. To achieve an optimum deal, many additional terms must be address... Read more
By Erin K. Tenner, Partner, Gray Duffy LLP This article, the second in a series, discusses the basics of asset purchase agreements. (Read part 1 here.) An asset transfer is the most common m... Read more
The U.S. may be seeing record new car sales, but history shows us that such upturns generally last six to nine years and we are in the seventh year of growth so a downturn is looming, a J.... Read more
A new study by KBB and Autotrader found that 71 percent of consumers bought the car they had already decided on when they visited a dealership, so dealers need to differentiate themselves th... Read more
The rankings of the auto dealership groups in the annual Automotive News list of the top 150 showed changes because of the entry of private-equity and other players and an active year of acq... Read more
Jeff Timmer is touring Michigan in his Tesla Model S lobbying for passage of a bill to allow the automaker to sell its electric vehicles directly to consumers in the state, reports hollandse... Read more
The low price of oil may have boosted pickup sales nationwide, but in Texas dealerships are seeing heavy-duty pickup sales slump, reports Wards Auto here: Share this articleLinkedinFacebookT... Read more
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