August 2018 - Page 5 of 8 - Automotive Buy Sell Report

New car dealerships sign on to Hyrecar’s ride-share lease-to-own program

Posted By: Alysha Webbon: August 15, 2018In: Related News

Six new car dealerships have signed up with HyreCar, whose platform facilitates leasing a car and using it in a ride-share program, using proceeds as payment towards ownership, reports Auto... Read more

Auto dealership rooftop count up slightly in first half of 2018, Urban Science study shows

Posted By: Alysha Webbon: August 15, 2018In: Related News

The number of auto dealership rooftops increased slightly in the first half of 2018 and the number of franchises fell slightly in that period, according to the latest Urban Science study, sa... Read more

Kent and Brian Brown acquire Honda auto dealership in Texas from Lithia Motors

Posted By: Alysha Webbon: August 14, 2018In: Transaction News

Ken and Brian Brown have acquired the Honda of San Angelo auto dealership in San Angelo, TX from Lithia Motors Inc. and changed the name to Brown Honda of San Angelo. Ken and Brian Brown als... Read more

Malloy Auto Group in Virginia acquires Jim Stutzman Chevrolet-Cadillac auto dealership

Posted By: Alysha Webbon: August 13, 2018In: Transaction News

The Malloy Auto Group of Virginia has acquired the Jim Stutzman Chevrolet-Cadillac auto dealership in Winchester, VA, reports The Winchester Star. Share this articleLinkedinFacebookTwitter Read more

Volvo and Mack truck dealership planned in Washington state

Posted By: Alysha Webbon: August 13, 2018In: Related News

Northwest Equipment Sales of Boise, ID has purchased 10 acres in the Port of Walla Walla’s Burbank Business Park in Walla Walla, WA and intends to build a 24,000-sq. ft. dealership with 11 s... Read more

Jimmy Dick and Derek Kulach acquire Dodge Ram FIAT dealership in New Mexico from Lithia

Posted By: Alysha Webbon: August 10, 2018In: Transaction News

Jimmy Dick, owner of El Paso-based Viva Auto Group, and his son-in-law Derek Kulach have acquired the Lithia Dodge Ram FIAT of Las Cruces dealership in New Mexico from Lithia Motors Inc. a... Read more

Orange Coast Auto Group of California acquires Acura dealership in Costa Mesa

Posted By: Alysha Webbon: August 10, 2018In: Transaction News

The Orange Coast Auto Group of Costa Mesa, CA has acquired South Coast Acura in Costa Mesa from South Coast Imports Group Inc, financial advisory firm GlassRatner announced. Share this artic... Read more

Former AutoNation president Bill Berman appointed president of AutoCanada’s U.S. operations

Posted By: Alysha Webbon: August 10, 2018In: Related News

AutoCanada, Canada’s only listed dealership group, has made a swath of management changes including appointing William “Bill” Berman, former president and COO of AutoNation... 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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