Auto leasing in the first half of 2016 rose by more than 13 percent compared to the same period in 2015 to an historical high of 2.2 million units, with growth coming from non-traditional se... Read more
A new Mitsubishi dealership, on an open point, recently opened in Bonita Springs, Fla., joining the new Mercedes-Benz dealership in the same area as southwest Florida attracts more and more... Read more
Mountain View Auto Group of Georgia to acquire Pye Nissan dealership, move inventory to new facility
Mountain View Auto Group of Dalton, Ga. will acquire Pye Nissan of Dalton, move the inventory to the another location, and renovate its other Nissan dealership in Dalton, reports WRCBTV.com... Read more
Publicly-listed AutoNation Inc. reported record earnings per share of $1.08 in the second quarter on net income from continuing operations of $112 million, the company said in a press releas... Read more
A couple of years ago, Jeff Spreen was talking to brokers about acquiring another dealership in the Inland Empire region in Southern California. One of them asked him what Spreen thought abo... Read more
Family-owned dealerships are “speed boats not cruise ships,” Jeff Spreen, owner of two franchises in California’s Inland Empire tells me this week. Spreen hopes he gets to make some speedy d... Read more
By Ira Silver CPA, CGMA, Principal, MBAF LLC The buyer’s offer has been made, the seller’s response has been given, negotiations have ensued back and forth, and an agreement has been reached... Read more
In July 1.52 million new cars and trucks will be sold in the U.S., up 0.8 percent on the same month in 2015, equating to a SAAR of 17.8 million units, Edmunds.com said today in a press relea... Read more
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