April 2018 - Automotive Buy Sell Report

Fishers Imports of Indiana building another pre-owned luxury dealership

Posted By: Alysha Webbon: April 30, 2018In: Related News

Fishers Imports of Fishers, IN will build another dealership in Indiana to sell its pre-owned luxury vehicles, reports the Indianapolis Business Journal. Share this articleLinkedinFacebookTw... Read more

Todd Judy grows a Ford franchise auto dealership group in West Virginia

Posted By: Alysha Webbon: April 30, 2018In: Related News

Since the start of 2018 Todd Judy has acquired three Ford dealerships in West Virginia after working in dealerships for decades, reports The Herald-Dispatch. Share this articleLinkedinFacebo... Read more

AutoCanada sees Grossinger dealership group acquisition as start of U.S. expansion

Posted By: Alysha Webbon: April 30, 2018In: Related News

The acquisition of the Grossinger auto group will give AutoCanada U.S. earnings to acquire more dealerships here, says CEO Steve Landry, reports Automotive News Canada. Share this articleLin... Read more

Motorline auto group in U.K. acquires former dealership real estate, plans Hyundai franchise

Posted By: Alysha Webbon: April 30, 2018In: Related News

The Motorline Group of auto dealerships in the United Kingdom has acquired the site of former Nissan and Renault dealerships and plans to open a Hyundai dealership on the site, reports Motor... Read more

General Motors sues Grossinger Auto Group over sale to AutoCanada

Posted By: Alysha Webbon: April 30, 2018In: Related News

General Motors is suing Grossinger Auto Group over its sale to AutoCanada, claiming Grossinger violated the exclusive-use agreement related to its Chevrolet and Cadillac dealership assets, r... Read more

Uncertainties make dealership valuation levels hard to sustain, says CLA’s Gorden

Posted By: Alysha Webbon: April 25, 2018In: Contributors

LAS VEGAS — The current dealership mergers and acquisitions environment is the most active they have ever seen, Scott Gorden, managing principal of dealerships with CliftonLarsonAllen... Read more

Why now is a good time to sell and making the best of a floorplanning default

Posted By: Alysha Webbon: April 25, 2018In: Editors Corner

I am writing this from Beijing, where I am attending the press days at Auto China, China’s international auto show. It alternates between Beijing and Shanghai, in case you were confused as I... Read more

Dealership Forbearance Agreements: Negotiating an Acceptable Workout With a Floorplan Lender After Default

Posted By: Robert D. Danielson: April 25, 2018In: Contributors

By Robert D. Daniels, Scali Rasmussen In 2017, a California Nissan dealer concluded a successful (and well publicized) lawsuit against its flooring lender arising from the flooring lender’s... 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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