September 2018 - Automotive Buy Sell Report

Stuteville Automotive Group of Oklahoma acquires Chevrolet Buick GMC dealership

Posted By: Alysha Webbon: September 30, 2018In: Transaction News

The Stuteville Automotive Group of Oklahoma has acquired the Pemberton Chevrolet Buick GMC of Ponca City dealership in Ponca City, OK and changed the name to Stuteville Chevrolet Buick GMC o... Read more

Ganly Auto Group in Ohio acquires Chrysler Dodge Jeep Ram dealership

Posted By: Alysha Webbon: September 29, 2018In: Transaction News

Ganly Automotive Group, based in Brecksville, OH has acquired the Dan Hatfield Chrysler Dodge Jeep Ram dealership in London, OH, reports The Columbus Dispatch. Share this articleLinkedinFace... Read more

Prime Motor Group in New England acquires Chevrolet and Subaru dealerships in Hyannis, Massachusetts

Posted By: Alysha Webbon: September 28, 2018In: Transaction News

Prime Motor Group, based in New England, has acquired Dick Beard Chevrolet and Beard Subaru in Hyannis, MA from Dick Beard and changed the names to Prime Chevrolet Hyannis and Prime Subaru H... Read more

Rodin Younessi acquires another Harley-Davidson motorcycle dealership in California

Posted By: Alysha Webbon: September 28, 2018In: Transaction News

Rodin Younessi, who last month acquired Los Angeles Harley-Davidson, has acquired Top Rocker Harley-Davidson in Canoga Park, CA from Scott Fisher Enterprises. Performance Brokerage Services... Read more

A family unites to build a dealership group in Washington state

Posted By: Alysha Webbon: September 26, 2018In: Contributors, Dealership Profiles, Women in Automotive

Being a car dealer was “not even on the radar” for Shannon Harnish as she was growing up, she tells Automotive Buy Sell Report. But the family business beckoned. Now, Harnish, president of H... Read more

Selling the Dealership, Part 1: Is It the Right Decision?

Posted By: Greg Dougherty and Ron Sompels, Crowe LLPon: September 26, 2018In: Contributors

By Gregory P. Dougherty, CPA, and Ronald Sompels, CPA, Crowe LLP A favorable market is prompting some dealership owners to consider selling their businesses, and, with the forecasts for the... Read more

A family unites to grow a dealership group and reasons not to sell your store

Posted By: Alysha Webbon: September 26, 2018In: Editors Corner

The Federal Open Market Committee aka the Fed on Wednesday raised the rate it charges its best customers by 25 basis points to a range of 2 percent to 2.25 percent. Said Cox Automotive senio... Read more

September used car sales forecast to slow but still be strong

Posted By: Alysha Webbon: September 26, 2018In: Related News

September used car sales are forecast to slow from August but remain at a healthy level near 40 million units, reports Auto Remarketing. Share this articleLinkedinFacebookTwitter 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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