July 2016 - Page 5 of 8 - Automotive Buy Sell Report

Consumer groups call for more caution in self-driving car implementation

Posted By: Alysha Webbon: July 14, 2016In: Related News

In the wake of reports of three accidents, one fatal, in Tesla vehicles using auto pilot technology, the Center For Auto Safety, Consumers for Auto Reliability and Safety, Consumer Watchdog... Read more

California rejects Volkswagen’s proposed fix for three liter diesel cars

Posted By: Alysha Webbon: July 14, 2016In: Related News

The California Air Resources Board has rejected Volkswagen’s proposed fix for software which hides the true extent of emissions in passenger vehicles with three liter diesel engines so... Read more

Don’t forget the value of social media when negotiating a buy/sell

Posted By: Alexi Vennerion: July 13, 2016In: Contributors

By Alexi Venneri, Co-Founder & CEO, Digital Air Strike Consumers increasingly rely on social media, including online review sites, to select the dealership they want to do business with.... Read more

Mystery Shopping Acquisition Targets Can Yield Valuable Insights

Posted By: Marc Ciagne and Julie Strasbergon: July 13, 2016In: Contributors

By Marc Ciagne and Julie Strasberg, Person to Person Quality Most auto dealers are familiar with the concept of Mystery Shopping – the practice of using trained evaluators posing as would-be... Read more

Don’t forget social media details in a buy/sell negotiation and the benefits of mystery shopping

Posted By: Alysha Webbon: July 13, 2016In: Editors Corner

Another week, another report that sales growth is slowing. LMC Automotive this week said it is lowering its 2016 sales forecast by 300,000 units to 17.4 million, lower than last year’s 17.44... Read more

Tesla cuts price of Model X as Musk touts “Master Plan” news to come soon

Posted By: Alysha Webbon: July 13, 2016In: Related News

Tesla Motors Inc. cut the starting price of its Model X electric crossover, offering a version with a 60kWh battery for $9,000 less than the original Model X, which carries a 75kWh battery,... Read more

Holman Auto Group finalizes Kuni dealership group acquisition

Posted By: Alysha Webbon: July 13, 2016In: Transaction News

The Holman Automotive Group of New Jersey has finalized its acquisition of Kuni Automotive Group of Vancouver, Wash. The acquisition was announced in April. Kuni will now be known as Kuni... Read more

LMC Automotive cuts 2016 light vehicle sales forecast to 17.4 million units

Posted By: Alysha Webbon: July 12, 2016In: Related News

Citing the recent plateauing of sales growth and global and U.S. political and economic risk, LMC Automotive has cut its 2016 light vehicle sales forecast by 300,000 units to 17.4 million bu... Read more

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JAMOC LLC acquires Chrysler Dodge Jeep Ram auto dealership in California

Melvin Cooper acquires Mid Bay Chrysler Dodge Jeep Ram auto dealership in California

Melvin Cooper acquires Mid Bay Ford Lincoln dealership in California

Moving beyond “Good Enough” business performance

What justifies massive multiples for luxury auto dealerships?

The Park Place Dealerships sale may herald changes in buy sell market, says The Presidio Group

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