By J. Michael Issa, GlassRatner Advisory & Capital Group LLC Although many dealers are enjoying record profits and are optimistic about the future, there may be storm clouds on the horiz... Read more
Finding and retaining employees is tough for most dealerships. Imagine if you are based in Silicon Valley, facing sky-high living costs and competing against high-tech firms. “We don’t have... Read more
Trotman Automotive Group of British Coumbia, Canada has acquired Haley GM, including Chevrolet Buick and GMC franchises, in Sechelt, B.C. and Haley White Rock Chrysler in Surrey, B.C. from... Read more
The Kelly Automotive Group, based in Pennsylvania, recently acquired the Infiniti of Melbourne dealership in Melbourne, FL from the Boniface Hiers Auto Group of Florida. Boniface Hiers also... Read more
Fiat Chrysler is trying out a car-sharing service with its Jeep brand offered through startup Turo, and also a Jeep subscription service, both on a small scale, to see if there is a demand a... Read more
When the nation’s largest auto retailer announces a cost-cutting restructuring because “we believe automotive retail will be challenging in 2019,” it is safe to assume that this year will re... Read more
By Christian J. Scali, Halbert Rasmussen, and Gus Paras This article seeks to provide a general roadmap of timing issues that are often present in a dealership acquisition. With the multitud... Read more
By Dave Wiggins and Lee Ferguson, CliftonLarsonAllen LLP In December 2017, the most significant tax reform legislation since 1986 was enacted into law. The majority of the law’s provisions t... Read more
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