March 2019 - Page 2 of 6 - Automotive Buy Sell Report

Prime Hyundai auto dealership in Saco, Maine to close

Posted By: Alysha Webbon: March 27, 2019In: Related News

The Prime Automotive Group-owned Prime Hyundai dealership in Saco, ME will close, reports the Press Herald. Share this articleLinkedinFacebookTwitter Read more

Canada’s Automotive Properties REIT acquires Cadillac Buick GMC and Volkswagen auto dealership properties

Posted By: Alysha Webbon: March 27, 2019In: Transaction News

Canada’s publicly-listed Automotive Properties Real Estate Investment Trust has acquired McNaught Cadillac Buick GMC automotive dealership property in Winnipeg,Manitoba, and St. James... Read more

Patrick Dibre acquires Nissan auto dealership in Virginia from Carl Leckner

Posted By: Alysha Webbon: March 27, 2019In: Transaction News

Patrick Dibre has acquired Leckner Nissan of Stafford in Stafford, VA from Carl Leckner and changed the name to Rocking Nissan of Stafford. Performance Brokerage Services facilitate the deal... Read more

Ourisman Auto Group in Maryland acquires Nissan dealership in Laurel

Posted By: Alysha Webbon: March 27, 2019In: Transaction News

Ourisman Automotive Group of Bethesda, MD acquired Tischer Nissan in Laurel, MD from Danny Sauro on March 15, 2019. The new name will be Ourisman Nissan. This is Ourisman’s first Nissan fran... Read more

Digital space can create unrealistic auto dealership customer expectations, study finds

Posted By: Alysha Webbon: March 27, 2019In: Related News

While the availability of so much information online has created more transparency in the vehicle purchase process, it has also created unrealistic pricing expectations, which can mar the de... Read more

Define your auto dealership’s culture then train it and live it

Posted By: Alysha Webbon: March 22, 2019In: Related News

A dealership’s workplace culture is important to its success, and that culture needs to be defined, employees need to be trained on it, and management must live it, says consultant Dav... Read more

Owner of Banner Ford in Louisiana acquires another Ford dealership with his general manager

Posted By: Alysha Webbon: March 21, 2019In: Transaction News

Rick Flick, dealer principal of Banner Ford in Mandeville, LA, and Greg Jones, general manager of Banner Ford, have partnered to acquire Hixson Ford of Monroe, also in Louisiana, reports The... Read more

Family focus helps Riley Ford continue to grow

Posted By: Alysha Webbon: March 20, 2019In: Contributors, Dealership Profiles, Women in Automotive

Riley Ford Inc, a dealership in Chazy, a town of just over 4,000 in upstate New York. saw sales grow by nearly 16 percent in 2018, far outpacing the overall market. The fact it has won the F... 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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