August 2016 - Page 6 of 9 - Automotive Buy Sell Report

Asbury seeing success with new online auto sales software, will use at more dealerships

Posted By: Alysha Webbon: August 15, 2016In: Related News

Publicly-listed Asbury Automotive Group Inc. is seeing such success of a test program at six dealerships with a new online sales software by San Francisco startup Drive Motors that is will e... Read more

Della Auto Group in New York acquires Kia dealership from Durocher Auto Sales

Posted By: Alysha Webbon: August 15, 2016In: Transaction News

Della Auto Group of Plattsburgh, N.Y. has acquired a Kia dealership in Plattsburgh from Durocher Auto Sales and changed the name to Della Kia, reports the Press Republican here: Share this a... Read more

Total Motors auto group of Iowa acquires Motor Inn group’s Chevrolet Buick GMC dealership

Posted By: Alysha Webbon: August 15, 2016In: Transaction News

Total Motors auto group of Akron, Iowa has acquired a Cheverolet Buick GMC dealership from Motor Inn of Le Mars, Iowa, reports the Sioux City Journal here: Share this articleLinkedinFacebook... Read more

Lithia acquires Kemp Ford dealership in Thousand Oaks, Calif.

Posted By: Alysha Webbon: August 12, 2016In: Transaction News

Publicly-listed Lithia Motors Inc. has acquired Kemp Ford in Thousand Oaks, Calif. and changed the name to DCH Ford. The store is expected to add $65 million in annual revenue, Lithia said i... Read more

Taking advantage of dealership consolidation and dealership value-killer mistakes

Posted By: Alysha Webbon: August 10, 2016In: Editors Corner

More best of times, worst of times news. As I write this, Urban Science just forecast that throughput per dealership will drop this year. That’s bad news. But it will drop to 960 units from... Read more

The fourth generation at Carter Myers Automotive leads an expanding dealership group

Posted By: Alysha Webbon: August 10, 2016In: Dealership Profiles, Women in Automotive

As the daughter of H. Carter Myers III, Liza Borches has been in or around auto dealerships her entire life. Her father, a former chairman of the National Automotive Dealers Association, was... Read more

Dealership throughput to drop slightly in 2016, says Urban Science

Posted By: Alysha Webbon: August 10, 2016In: Related News

Dealership throughput will drop to 960 units in 2016 compared to 966 units in 2015, and the number of dealerships and franchises was basically stable in the first half of 2016, says a new re... Read more

Key Auto Group in New Hampshire acquires Rochester Truck Inc. from Donald Gagnon

Posted By: Alysha Webbon: August 10, 2016In: Transaction News

Anthony DiLorenzo, principal of Key Auto Group in Portsmouth, N.H. has acquired Rochester Truck Inc. and its real estate in Rochester, N.H. from Donald “Hulk” Gagnon. Gagnon will... 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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