April new car sales should grow by four percent compared to the same month in 2015 to 1.51 million units, for a Seasonally Adjusted Annual Rate of 17.5 million, forecasts Kelley Blue Book. ... Read more
Doing good for the good of a dealership’s value and making sure all generations are on the same page
Greetings from Beijing, where I attended Auto China press day a few days ago. Though there is a lot of talk about China’s economy, and its car sales, slowing, this is still a big and fairly... Read more
When the Hoffman Auto Group acquired BMW of Watertown last October, it sent out a press release announcing the change and introducing the new management. That included a photo of five member... Read more
By Loyd H. Rawls, Rawls Group “So what do you think Loyd?” asked Missy, our client’s daughter. She was a genuine 34-year-old, “kick butt” COO whose energy and aggressiveness had brought her... Read more
After approaching Loren Berg about the possibility of purchasing his dealership, Roger Kehdi’s forthright manner pays off. The deal was signed last week and the business has been renam... Read more
Several public dealership groups have decided now is the time to buy back shares in their own companies. While it can boost a company’s earning per share, that doesn’t necessaril... Read more
Penske Automotive surprised Wall Street by reporting higher than expected earnings of 90 cents per share. After the announcement stocks rose 8 percent. See full report by CNBC here. Share th... Read more
Tatyana Lukovetskaya, head of Rolf dealership, said sales in Russia could fall for the fourth consecutive year. See full report by Reuters here. Share this articleLinkedinFacebookTwitter Read more
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