October 2017 - Page 6 of 6 - Automotive Buy Sell Report

How to avoid losing sleep over your dealership’s F&I compliance issues

Posted By: Don E. Rayon: October 04, 2017In: Contributors

By Don Ray, Portfolio OK, you have a target dealership you are considering acquiring. Is this potential acquisition keeping you awake at night? I was reading recently that stress is a major... Read more

Kick your auto dealership in high gear in 2018

Posted By: Roberta Cuffinon: October 04, 2017In: Contributors, Related News, Transaction News

Be on top of major issues facing auto dealerships in 2018. Register today for The High Performance Dealership seminar. Read more

New modifications to Cadillac’s Project Pinnacle

Posted By: Roberta Cuffinon: October 03, 2017In: Related News

Project Pinnacle, Cadillac’s program to overhaul its dealership operations, has loosened some of its requirements. The overall structure and dealer rewards remain, while other standard... Read more

Braman Dealerships of Miami has sued BMW and Audi over incentive programs

Posted By: Roberta Cuffinon: October 03, 2017In: Related News

The lawsuit by Braman Dealerships claims that each automaker has altered their incentive programs and were imposed without the advance notice of franchise-agreement changes Florida law requi... Read more

Classic Group acquires Chevrolet Buick GMC dealership in Cleburne, TX

Posted By: Roberta Cuffinon: October 03, 2017In: Transaction News

Kris Brown Chevrolet Buick GMC has announced their sale to the Classic Group. Owner Kris Brown-Burroughs has announced that she plans to join her father at Mike Brown Auto Group. See more in... Read more

General Motors believes the future is all-electric

Posted By: Roberta Cuffinon: October 03, 2017In: Related News

General Motors has introduced their plan to become an all electric automaker with a promise to introduce 20 new all-electric vehicles by 2023. Before then, they plan two new EVs by 2018. For... Read more

Chinese auto group Geely now holds majority stake in Lotus

Posted By: Roberta Cuffinon: October 03, 2017In: Transaction News

Geely, which is also owner of Volvo Cars, has completed its acquisition for controlling stake in British sports car company Lotus. They now share ownership with Malaysia’s Etika Automotive.... 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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