Non-traditional money moving into the auto retail segment isn’t a new thing. After Berkshire Hathaway’s acquisition of the Van Tuyl Group in 2014, however, it became a hot topic. It also ope... Read more
By Erin Tenner, Gray Duffy LLP Because many single point dealerships have already been swallowed up, single point asset sales and purchases are becoming less and less common. Most deals thes... Read more
The seasonally adjusted annual rate of light vehicle sales in July will be 16.9 million units, up slightly from June but down 2.5 percent from the same month a year ago, forecasts Wards Auto... Read more
Benny Leung has founded Marsim Auto Group in Toronto, in Ontario, Canada, with three initial franchises — Hyundai, Genesis, and Kia, reports insidetoronto.com. Share this articleLinked... Read more
Jeff and Terry Taylor of Moncton’s Taylor Ford in New Brunswick, Canada will acquire Jim Hatheway Ford in Amherst, Nova Scotia, reports Amherst News Citizen-Record. Share this articleLinkedi... Read more
India’s Bajaj Auto Ltd. is close to acquiring European performance motorcycle brand Ducati, reports Times of India. Share this articleLinkedinFacebookTwitter Read more
Mark Hoch and Vadim Makhlis have acquired Rountree Ford, a dealership in Swanzey, N.H., and changed the name to Monadnock Ford, reports SentinelSource.com. Share this articleLinkedinFacebook... Read more
Hong Kong-listed Dah Chong Hong Holdings will pay $136.0 million to acquire companies that sell Mercedes Benz and Audi vehicles in China, reports Fox Business. Share this artic... Read more
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