July 2016 - Page 6 of 8 - Automotive Buy Sell Report

Groppetti Auto Group in California expands with new Nissan dealership in Santa Cruz

Posted By: Alysha Webbon: July 11, 2016In: Related News

Groppetti Automotive, a family-owned dealership group based in California’s San Joaquin Valley, is expanding outside of the Valley by opening a Nissan dealership in the coastal town of... Read more

Tesla stores fail mystery shopping test again

Posted By: Alysha Webbon: July 11, 2016In: Related News

Employees at Tesla’s factory-owned stores don’t suggest actually buying a car to mystery shopppers and don’t discuss trade-ins either, found Pied Piper Management when it m... Read more

Arnold Clark auto group in U.K. acquires two Volkswagen dealerships in Scotland from Inch Holdings

Posted By: Alysha Webbon: July 11, 2016In: Transaction News

The U.K.’s Arnold Clark Automobiles Ltd. has acquired two Volkswagen dealerships in Scotland, in Bathgate and Stirling, from Inch Holdings, reports Auto Retail Agenda here: Share this... Read more

Janssen Auto Group in Nebraska acquires Ford dealership

Posted By: Alysha Webbon: July 09, 2016In: Transaction News

Janssen Auto Group of Nebraska has acquired its first dealership in eastern Nebraska with Ford Motor Co’s approval of Janssen’s acquisition of a Ford dealership in York from Mose... Read more

Waco auto dealers generally pleased about arrival of Sonic’s Echo Park used car store

Posted By: Alysha Webbon: July 08, 2016In: Related News

New car dealers in Waco, Tex. are in general pleased about the planned construction of an Echo Park pre-owned car dealership by Sonic Automotive as the publicly-listed dealership group expan... Read more

AutoNation to acquire BMW, Land Rover, Jaguar dealerships from DiSimone Imports in New York

Posted By: Alysha Webbon: July 07, 2016In: Transaction News

Publicly-listed AutoNation Inc. will acquire four dealerships and five franchises in Westchester County, New York from DiSimone Imports, including BMW Mt. Kisco, Land Rover Mt. Kisco and Jag... Read more

Advice that will come in handy in a slowing market

Posted By: Alysha Webbon: July 06, 2016In: Editors Corner

Just as I began to write this a story popped up reporting that Standard & Poors had cut its estimate for U.S. auto sales this year from 17.8 million to 17.5 million. S&P cited slowin... Read more

Six issues affecting auto dealers nationwide

Posted By: John Davison: July 06, 2016In: Contributors

By John Davis, partner, DHG Dealerships As the dealership industry continues to evolve, there are several hot issues which dealers must keep top of mind. Some may be “old news” while others... 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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