October 2018 - Page 6 of 7 - Automotive Buy Sell Report

LA to get first U.S. SOLO electric car dealership

Posted By: Roberta Cuffinon: October 05, 2018In: Related News

Those individuals looking for more choices in electric vehicles will soon be able to visit Electra Meccanica’s first SOLO dealership in the U.S. located in Studio City. The store will... Read more

O’Fallon, Missouri’s Meyer Honda sold to Serra Automotive

Posted By: Roberta Cuffinon: October 04, 2018In: Transaction News

Serra Automotive, which operates 42 dealerships, has recently added Meyer Honda of O’Fallon, MO. Charlie Meyer owned co-owned the dealership with his sister Carol Meyer. The store will... Read more

Harley-Davidson of DC acquired by Brett Tekavec

Posted By: Roberta Cuffinon: October 03, 2018In: Transaction News

Thomas Moorehead, owner of Sterling Motorcars in Sterling, VA has sold his Harley-Davidson of Washington DC to current Harley-Davidson dealer Brett Tekavec of OH. The name of the dealership... Read more

Victory Auto sells Greeneville’s Chrysler Dodge Jeep Ram dealership to Chantz Scott

Posted By: Roberta Cuffinon: October 03, 2018In: Transaction News

Chantz Scott, new owner of Greeneville Chrysler Dodge Jeep Ram, says the acquisition was in an area that they had long desired, according to a story in the Citizen Tribune. The dealership wi... Read more

Honda invests in GM Cruise for world-wide distribution of autonomous vehicles

Posted By: Roberta Cuffinon: October 03, 2018In: Related News

According to an article by the Detroit News, Honda now owns a stake in GM’s autonomous vehicle division. Although they will pool their extensive knowledge to build the driverless cars... Read more

How will the Trump tariffs impact auto Industry M&A?

Posted By: Ashlie Nutteron: October 02, 2018In: Contributors

By Ashlie Nutter, CPA/ABV/CFF, Audit Department at MBAF In May 2018, President Donald Trump directed the U.S. Department of Commerce under Section 232 of the Trade Expansion Act of 1962, to... Read more

Benchmarking metrics to optimize your parts inventory and free up cash

Posted By: Citrin Coopermanon: October 02, 2018In: Contributors

By Citrin Cooperman Automotive Dealerships Team The intent of benchmarking is to generate ideas to help improve business processes. Benchmarking can be applied against any product, process,... Read more

Trade tariffs and the buy sell environment and inventory benchmarking

Posted By: Alysha Webbon: October 02, 2018In: Editors Corner

Ford Motor Co. executive chairman Bill Ford recently said that Ford seeks “certainty” regarding trade tariffs. To be sure, times are rough for automakers, who generally plan years ahead. Unc... 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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