Volvo used the Los Angeles Auto Show to introduce its Care by Volvo program, a subscription service that allows consumers to “subscribe” to the use of a Volvo car for 24 months w... Read more
Publicly-listed Lithia Motors Inc. is likely to acquire Ray Laks Honda Acura in Orchard Park, NY, reports The Buffalo News. Share this articleLinkedinFacebookTwitter Read more
Prime Motor Group recently acquired Volvo of Southborough in Massachusetts. It is the beginning of an expansion strategy for the New England-based dealership group, a strategy greatly aided... Read more
I have recently read several pieces about how some dealership owners, concerned about future changes in the auto retail environment that would be caused by electric vehicles and autonomous v... Read more
Publicly-listed Lithia Motors Inc. acquired the family-owned Armory Garage Chrysler Dodge Jeep Ram Fiat dealership in Albany, NY, reports TimesUnion. Share this articleLinkedinFacebookTwitte... Read more
By George M. Taylor, III It is not unusual for a dealership lawyer to first learn of a sale transaction when he or she receives a signed Letter of Intent (LOI) from the client. There is a se... Read more
Referring to “multiple of earnings” when discussing dealership value is not useful because the term is so vaguely defined, writes Performance Brokerage Services president Moshe S... Read more
Auto dealers worried about changes in auto retail environment increasingly looking to sell, say some
Auto dealers inundated with stories of how the auto retail industry business will change due to electric vehicles, autonomous vehicles, and other new technology, are selling their dealership... Read more
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