A study by auditing firm Total Dealer Compliance found that only 37 percent of auto dealers surveyed conducted comprehensive auditing training, resulting in lost profit of $792,000 per deal... Read more
The Landmark Automotive Group of Springfield, Ill. has acquired the Gordon GMC dealership in Taylorville, Ill., reports The State Jourmal-Register here: Share this articleLinkedinFacebookTwi... Read more
By Branson Smith, COO, Audientis LLC The age-old sinister question that no successful business owner wants to face is: What happens to my business after I am gone? Let’s flip that ques... Read more
Even as whiffs of a sales plateau and nervous investors unwilling to pay top dollar for dealerships float about, the buy/sell business continues to reach new heights. This week, the largest... Read more
By Alysha Webb, Editor and Publisher Peter Blackstock, the owner of the Victory Dealership Group in California, is a visionary man. He sees a lot of opportunity to grow sales at his recently... Read more
On-line retailer Carvana has added Miami to its locations in Florida that it delivers vehicles, making for a total of four in Florida, also including Jacksonville, Orlando, and Tampa, report... Read more
Publicly-listed Penske Automotive Group has acquired Harper Truck Centres of Toronto, Canada, which includes five commercial truck dealerships and is expected to generate approximately $130... Read more
In the largest private capital dealership purchase ever, family-owned Holman Automotive of Maple Shade, New Jersey has acquired family-owned Kuni Automotive of Vancouver, Wash. The acquisit... Read more
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