October 2017 - Automotive Buy Sell Report

Pendragon PLC auto group in the United Kingdom acquires Puente Hills Chevrolet dealership in California

Posted By: Alysha Webbon: October 31, 2017In: Transaction News

Pendragon PLC auto dealership group, based in the U.K., has acquired Puente Hills Chevrolet in City of Industry, Calif. from Tom Hoffman and Gary Campbell, who were represented by Kerrigan A... Read more

J.R. Armour acquires Chrysler Jeep Dodge auto dealership in Salem, Ohio

Posted By: Alysha Webbon: October 31, 2017In: Transaction News

J.R. Armour, who owns Wally Armour Chrysler Jeep Dodge Ram in Alliance, Ohio, has acquired the Kufleitner Chrysler Jeep Dodge dealership in Salem, Ohio, reports the Morning Journal. Share th... Read more

AutoNation’s Jackson: Dealerships are here to stay

Posted By: Alysha Webbon: October 30, 2017In: Related News

Even as AutoNation expands it digital footprint, CEO Mike Jackson says dealerships are here to stay, though their business model will change, report The Wall Street Journal. Share this artic... Read more

Harley-Davidson opens motorcycle dealership in Odisha state in India

Posted By: Alysha Webbon: October 29, 2017In: Related News

Harley-Davidson has opened a new dealership in Konark, a city in the state of Odisha in India, reports The New Indian Express. Share this articleLinkedinFacebookTwitter Read more

Ganley Auto Group acquires Central Cadillac dealership in Ohio

Posted By: Alysha Webbon: October 29, 2017In: Transaction News

Ganley Automotive Group, based in Brecksville, Ohio, has acquired Central Cadillac dealership in Cleveland, reports Crains Cleveland Business. Share this articleLinkedinFacebookTwitter Read more

Streetsboro Nissan dealership in Ohio closes

Posted By: Alysha Webbon: October 29, 2017In: Related News

Streetsboro Nissan, a dealership in Streetsboro, Ohio owned by private equity firm Aviate Capital, has closed, reports Record-Courier. Share this articleLinkedinFacebookTwitter Read more

Making the Canada buy sell environment more tempting for U.S. buyers

Posted By: Farid Ahmadon: October 25, 2017In: Contributors

By Farid Ahmad, Dealer Solutions North America Our team has been involved in the automotive Mergers and Acquisitions space within Canada for over 10 years and over that time we have seen a l... Read more

Facility programs and cash reporting: Proper tax treatment equals sign of a well-run dealership

Posted By: Terri Harrison: October 25, 2017In: Contributors

By Terri Harris, DHG Dealerships Aligning with last month’s accounting tips for demonstration and used vehicle treatment are two other IRS-compliance hot buttons: Factory facility programs a... 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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