Auto loans in the first quarter rose 11.1 percent and passed the trillion dollar mark for the first time in history, including a 9.5 percent rise in nonprime loans and a 10.9 percent rise i... Read more
Mark Porter has taken over the former Barnett Ford dealership in Jackson, Ohio and plans renovations and expanded inventory, reports The Jackson County Times-Journal here: Share this article... Read more
Carter Myers Auto Group of Charlottesville, Va. has been awarded a third Subaru franchise, an open point in Richmond, and is building the facility, reports Richmond Biz Sense here: Share thi... Read more
Roger Jugdeo, owner of a Mazda franchise in Ajax, Ontario, has acquired Pickering Mitsubishi dealership outside Toronto from Randy Johnston and Tony Clarke. Dealer Solutions North America f... Read more
Jenkins Auto Group in central Florida has acquired Lake Nissan in Leesburg, Fla. from Milan Bakich. The dealership is now called Jenkins Nissan of Leesburg. This is second Nissan franchise... Read more
The Douglass family has been in the car business for nearly three decades, but until very recently they were a single-point family, owning and operating a Nissan dealership in Texas. That ju... Read more
This is Part III in a five part series on dealership buy/sell basics. Part I examined the three different types of buy/sell agreements. Part II discussed the basics of one of those: Asset Pu... Read more
Dealer profiles are always fun for me. I love talking with dealers about how they got into the car business and, usually, how and why they just acquired a new store. It is even more fun when... Read more
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