The Hudson Auto Group, which has dealerships throughout the Deep South, has acquired Royal Honda in Metairie, LA from Vernon Brinson. Brinson’s son Steve continues to be a partner in... Read more
The Ed Morse Automotive Group of Delray Beach, FL has acquired Chevrolet, Buick, and Chrysler Dodge Jeep Ram dealerships in Dallas, TX from Roundtree Automotive Group and changed the names... Read more
Cox Automotive has launched in Atlanta the first of what it sees as a network of locations to provide maintenance for mobility fleets with the brand name Pivet, reports Auto Remarketing. Sha... Read more
Innovest Global, a Chesterland, OH-based conglomerate, has signed a Letter of Intent to acquire an established new and used auto dealership in northeast Ohio with 2018 revenue of $35 million... Read more
The Renner Ford auto dealership in Columbus, IN has been acquired by the P-4 Group, whose investors include Leo Portaluppi, Bob Lang and his wife, Karen Lang, and the name has been changed t... Read more
In late December Jonathan Smoke, NADA’s chief economist wrote that the era of cheap auto loans is behind us. Interest rates are rising again, he says – averaging 6.3 percent for new and 10 p... Read more
While down slightly compared to November, used vehicle prices were up 4.3 percent in December compared to the same month in 2017, and used-vehicle sales volume increased one percent in 2018... Read more
In November of 2018, McCafferty Ford, Kia and Hyundai became Fred Beans Ford, Kia and Hyundai of Langhorne. The Fred Beans Family of Dealerships invested in the dealerships in Pennsylvania i... Read more
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